EDV vs. XONE
EDV (Vanguard Extended Duration Treasury ETF) and XONE (BondBloxx Bloomberg One Year Target Duration US Treasury ETF) are both Government Bonds funds - EDV tracks the Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index while XONE tracks the Bloomberg US Treasury 1 Year Target Duration Index. Both are passively managed. Over the past 3 years, EDV returned -5.29%/yr vs 4.51%/yr for XONE. At a 0.45 correlation, their price movements are largely independent. EDV charges 0.05%/yr vs 0.03%/yr for XONE.
Performance
EDV vs. XONE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EDV having a 1.13% return and XONE slightly higher at 1.16%.
EDV
- 1D
- 0.25%
- 1M
- 3.80%
- YTD
- 1.13%
- 6M
- 0.33%
- 1Y
- 3.92%
- 3Y*
- -5.29%
- 5Y*
- -10.33%
- 10Y*
- -3.43%
XONE
- 1D
- 0.00%
- 1M
- 0.13%
- YTD
- 1.16%
- 6M
- 1.27%
- 1Y
- 3.56%
- 3Y*
- 4.51%
- 5Y*
- —
- 10Y*
- —
EDV vs. XONE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EDV Vanguard Extended Duration Treasury ETF | 1.13% | 0.65% | -12.78% | 1.65% | -9.24% |
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 1.16% | 4.41% | 4.83% | 4.74% | 0.57% |
Correlation
The correlation between EDV and XONE is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2022 | 0.45 |
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Return for Risk
EDV vs. XONE — Risk / Return Rank
EDV
XONE
EDV vs. XONE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Extended Duration Treasury ETF (EDV) 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.
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.
| EDV | XONE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.15 | ||
| Sortino ratioReturn per unit of downside risk | -13.13 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 3.17 | -2.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.31 | 22.32 | -22.00 |
| Martin ratioReturn relative to average drawdown | 0.70 | 116.52 | -115.82 |
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Drawdowns
EDV vs. XONE - Drawdown Comparison
The maximum EDV drawdown since its inception was -59.96%, which is greater than XONE's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for EDV and XONE.
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Drawdown Indicators
| EDV | XONE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.96% | -0.40% | -59.56% |
Max Drawdown (1Y)Largest decline over 1 year | -12.54% | -0.16% | -12.38% |
Max Drawdown (3Y)Largest decline over 3 years | -26.90% | -0.28% | -26.62% |
Max Drawdown (5Y)Largest decline over 5 years | -55.03% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -59.96% | — | — |
Current DrawdownCurrent decline from peak | -53.60% | -0.10% | -53.50% |
Average DrawdownAverage peak-to-trough decline | -23.52% | -0.05% | -23.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.64% | 0.03% | +5.61% |
Volatility
EDV vs. XONE - Volatility Comparison
Vanguard Extended Duration Treasury ETF (EDV) has a higher volatility of 3.41% compared to BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) at 0.18%. This indicates that EDV's price experiences larger fluctuations and is considered to be riskier than XONE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDV | XONE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 0.18% | +3.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.88% | 0.37% | +9.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.26% | 0.56% | +13.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.57% | 0.86% | +20.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.79% | 0.86% | +18.93% |
EDV vs. XONE - Expense Ratio Comparison
EDV has a 0.05% 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
EDV vs. XONE - Dividend Comparison
EDV's dividend yield for the trailing twelve months is around 4.90%, more than XONE's 4.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDV Vanguard Extended Duration Treasury ETF | 4.90% | 4.94% | 4.65% | 3.81% | 3.28% | 1.95% | 5.54% | 3.51% | 2.90% | 2.92% | 5.32% | 4.24% |
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 4.06% | 4.33% | 5.21% | 4.46% | 1.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EDV and XONE have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EDV has higher volatility (3.41%) compared to XONE (0.18%). In terms of maximum drawdown, EDV dropped -59.96% vs XONE's -0.40%.
On 3-year performance, XONE leads with 4.51% vs -5.29% for EDV. On fees, XONE is cheaper at 0.03% per year. On volatility, XONE has been the lower-risk option at 0.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XONE has performed better with a 4.51% return vs -5.29%. 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 0.05% for EDV.
EDV has the higher dividend yield at 4.90%, compared with 4.06% for XONE.
EDV tracks Bloomberg U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index, while XONE tracks Bloomberg US Treasury 1 Year Target Duration Index. They also come from different issuers: Vanguard and BondBloxx. Their fees differ too: 0.05% for EDV and 0.03% for XONE.
XONE currently has the higher Sharpe Ratio (6.43 vs 0.28), 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.
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