baronet vs blue blood

baronet and blue blood both are nouns.

Word	Noun	Adjective	Verb	Adverb
baronet	Yes	No	No	No
blue blood	Yes	No	No	No

As nouns, blue blood is a hypernym of baronet; that is, blue blood is a word with a broader meaning than baronet:

baronet: a member of the British order of honor; ranks below a baron but above a knight
blue blood: a member of the aristocracy

Other hypernyms of baronet include aristocrat, patrician.

baronet (noun)	blue blood (noun)
a member of the British order of honor; ranks below a baron but above a knight	a member of the aristocracy