BILZ vs. XONE
BILZ (PIMCO Ultra Short Government Active Exchange-Traded Fund) and XONE (BondBloxx Bloomberg One Year Target Duration US Treasury ETF) are both exchange-traded funds - BILZ is a Ultrashort Bond fund actively managed by PIMCO, while XONE is a Government Bonds fund tracking the Bloomberg US Treasury 1 Year Target Duration Index. BILZ is actively managed, while XONE is passively managed. Over the past year, BILZ returned 3.91% vs 3.85% for XONE. At a 0.30 correlation, their price movements are largely independent. BILZ charges 0.14%/yr vs 0.03%/yr for XONE.
Performance
BILZ vs. XONE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BILZ achieves a 1.47% return, which is significantly higher than XONE's 1.11% return.
BILZ
- 1D
- 0.00%
- 1M
- 0.28%
- YTD
- 1.47%
- 6M
- 1.76%
- 1Y
- 3.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XONE
- 1D
- -0.02%
- 1M
- 0.24%
- YTD
- 1.11%
- 6M
- 1.47%
- 1Y
- 3.85%
- 3Y*
- 4.57%
- 5Y*
- —
- 10Y*
- —
BILZ vs. XONE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund | 1.47% | 4.21% | 5.25% | 2.33% |
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 1.11% | 4.41% | 4.83% | 3.14% |
Correlation
The correlation between BILZ and XONE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2023 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BILZ vs. XONE — Risk / Return Rank
BILZ
XONE
BILZ vs. XONE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) and BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BILZ | XONE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +12.03 | ||
| Sortino ratioReturn per unit of downside risk | +108.30 | ||
| Omega ratioGain probability vs. loss probability | 53.31 | 3.57 | +49.74 |
| Calmar ratioReturn relative to maximum drawdown | 198.55 | 24.16 | +174.39 |
| Martin ratioReturn relative to average drawdown | 2,000.92 | 138.74 | +1,862.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BILZ | XONE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 19.09 | 7.06 | +12.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 10.48 | 4.96 | +5.52 |
Drawdowns
BILZ vs. XONE - Drawdown Comparison
The maximum BILZ drawdown since its inception was -0.52%, which is greater than XONE's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for BILZ and XONE.
Loading charts...
Drawdown Indicators
| BILZ | XONE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.52% | -0.40% | -0.12% |
Max Drawdown (1Y)Largest decline over 1 year | -0.02% | -0.16% | +0.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.28% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.02% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -0.04% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 0.03% | -0.03% |
Volatility
BILZ vs. XONE - Volatility Comparison
The current volatility for PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) is 0.07%, while BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) has a volatility of 0.10%. This indicates that BILZ experiences smaller price fluctuations and is considered to be less risky than XONE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BILZ | XONE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.07% | 0.10% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 0.14% | 0.34% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.21% | 0.55% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.43% | 0.86% | -0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.43% | 0.86% | -0.43% |
BILZ vs. XONE - Expense Ratio Comparison
BILZ has a 0.14% expense ratio, which is higher than XONE's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BILZ vs. XONE - Dividend Comparison
BILZ's dividend yield for the trailing twelve months is around 4.07%, which matches XONE's 4.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund | 4.07% | 4.19% | 4.95% | 2.23% | 0.00% |
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 4.06% | 4.33% | 5.21% | 4.46% | 1.17% |
Frequently Asked Questions
BILZ and XONE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XONE has higher volatility (0.10%) compared to BILZ (0.07%). In terms of maximum drawdown, BILZ dropped -0.52% vs XONE's -0.40%.
On 1-year performance, BILZ leads with 3.91% vs 3.85% for XONE. On fees, XONE is cheaper at 0.03% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BILZ has performed better with a 3.91% return vs 3.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XONE is cheaper with a 0.03% expense ratio, compared with 0.14% for BILZ.
BILZ has the higher dividend yield at 4.07%, compared with 4.06% for XONE.
BILZ is categorized as Ultrashort Bond, while XONE is Government Bonds. They also come from different issuers: PIMCO and BondBloxx. Their fees differ too: 0.14% for BILZ and 0.03% for XONE.
BILZ currently has the higher Sharpe Ratio (19.09 vs 7.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BILZ and XONE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer