- ISIN
- US09789C7056
- Issuer
- BondBloxx
- Inception Date
- May 24, 2022
- Region
- North America (U.S.)
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- ICE BofA BB US Cash Pay High Yield Constrained Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $413M
Share Price Chart
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Performance
XBB Performance Chart
BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) is up 1.8% since the beginning of the year. XBB is currently trading at $41 per share.
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Returns By Period
BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) has returned 1.76% so far this year and 6.14% over the past 12 months.
BondBloxx BB Rated USD High Yield Corporate Bond ETF
- 1D
- 0.02%
- 1M
- 0.81%
- YTD
- 1.76%
- 6M
- 2.11%
- 1Y
- 6.14%
- 3Y*
- 8.13%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
XBB Monthly Returns History
Based on dividend-adjusted daily data since May 26, 2022, XBB's average daily return is +0.02%, while the average monthly return is +0.50%. At this rate, an investment would double in approximately 11.6 years.
Historically, 66% of months were positive and 34% were negative. The best month was Jul 2022 with a return of +6.4%, while the worst month was Jun 2022 at -7.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, XBB closed higher 52% of trading days. The best single day was Nov 10, 2022 with a return of +2.9%, while the worst single day was Jun 13, 2022 at -3.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.58% | 0.47% | -1.30% | 1.35% | 0.59% | 0.07% | 1.76% | ||||||
| 2025 | 1.50% | 0.65% | -0.12% | -0.52% | 1.69% | 1.93% | -0.09% | 1.03% | 0.93% | 0.67% | 0.37% | 0.27% | 8.59% |
| 2024 | 0.46% | -0.15% | 1.15% | -0.98% | 1.36% | 0.35% | 2.20% | 1.26% | 1.27% | -0.91% | 1.33% | -1.05% | 6.41% |
| 2023 | 3.39% | -2.27% | 2.94% | -0.07% | -1.12% | 1.25% | 0.93% | 0.08% | -1.87% | -0.29% | 4.47% | 2.98% | 10.63% |
| 2022 | 1.38% | -7.09% | 6.41% | -3.82% | -3.59% | 3.07% | 3.33% | -1.40% | -2.39% |
Benchmark Metrics
BondBloxx BB Rated USD High Yield Corporate Bond ETF has an annualized alpha of 1.14%, beta of 0.30, and R2 of 0.48 versus S&P 500 Index. Calculated based on daily prices since May 26, 2022.
- This ETF participated in 42.74% of S&P 500 Index downside but only 32.31% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.30 may look defensive, but with R2 of 0.48 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.48 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.14%
- Beta
- 0.30
- R²
- 0.48
- Upside Capture
- 32.31%
- Downside Capture
- 42.74%
Expense Ratio
XBB has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
XBB ranks 48 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XBB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 2.78 | -0.58 |
| Martin ratioReturn relative to average drawdown | 9.12 | 12.44 | -3.32 |
Dividends
Dividend History
BondBloxx BB Rated USD High Yield Corporate Bond ETF provided a 5.54% dividend yield over the last twelve months, with an annual payout of $2.27 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $2.27 | $2.23 | $2.54 | $2.46 | $1.44 |
Dividend yield | 5.54% | 5.42% | 6.35% | 6.15% | 3.73% |
Monthly Dividends
The table displays the monthly dividend distributions for BondBloxx BB Rated USD High Yield Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.19 | $0.16 | $0.19 | $0.18 | $0.19 | $0.92 | ||||||
| 2025 | $0.00 | $0.21 | $0.19 | $0.08 | $0.20 | $0.21 | $0.20 | $0.20 | $0.21 | $0.18 | $0.18 | $0.38 | $2.23 |
| 2024 | $0.00 | $0.22 | $0.20 | $0.21 | $0.21 | $0.22 | $0.21 | $0.22 | $0.22 | $0.21 | $0.22 | $0.41 | $2.54 |
| 2023 | $0.00 | $0.19 | $0.19 | $0.21 | $0.20 | $0.23 | $0.18 | $0.20 | $0.21 | $0.20 | $0.23 | $0.42 | $2.46 |
| 2022 | $0.20 | $0.21 | $0.20 | $0.20 | $0.20 | $0.43 | $1.44 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BondBloxx BB Rated USD High Yield Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BondBloxx BB Rated USD High Yield Corporate Bond ETF was 8.87%, occurring on Sep 27, 2022. Recovery took 87 trading sessions.
The current BondBloxx BB Rated USD High Yield Corporate Bond ETF drawdown is 0.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -8.87%Sep 2022 | 3mo 29d | 4mo 7d | 8mo 6dMay 2022 - Feb 2023 |
2023 pullback2023 | -4.93%Feb 2023 | 18d | 4mo 21d | 5mo 9dFeb 2023 - Jul 2023 |
2023 pullback2023 | -3.86%Oct 2023 | 3mo 7d | 15d | 3mo 22dJul 2023 - Nov 2023 |
2025 selloff2025 | -3.79%Apr 2025 | 1mo 5d | 1mo 4d | 2mo 9dMar 2025 - May 2025 |
2026 pullback2026 | -2.80%Mar 2026 | 28d | 2mo 2d | 3moFeb 2026 - May 2026 |
Drawdown Indicators
| XBB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.87% | -56.78% | +47.91% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -9.10% | +6.30% |
Max Drawdown (3Y)Largest decline over 3 years | -3.86% | -18.90% | +15.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.11% | -1.80% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -1.32% | -10.71% | +9.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | 2.03% | -1.35% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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