EMNT vs. XONE
EMNT (PIMCO Enhanced Short Maturity Active ESG ETF) and XONE (BondBloxx Bloomberg One Year Target Duration US Treasury ETF) are both exchange-traded funds - EMNT 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. EMNT is actively managed, while XONE is passively managed. Over the past 3 years, EMNT returned 5.24%/yr vs 4.57%/yr for XONE. At a 0.47 correlation, their price movements are largely independent. EMNT charges 0.24%/yr vs 0.03%/yr for XONE.
Performance
EMNT vs. XONE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMNT achieves a 1.64% return, which is significantly higher than XONE's 1.11% return.
EMNT
- 1D
- -0.02%
- 1M
- 0.39%
- YTD
- 1.64%
- 6M
- 1.97%
- 1Y
- 4.38%
- 3Y*
- 5.24%
- 5Y*
- 3.43%
- 10Y*
- —
XONE
- 1D
- -0.02%
- 1M
- 0.24%
- YTD
- 1.11%
- 6M
- 1.47%
- 1Y
- 3.85%
- 3Y*
- 4.57%
- 5Y*
- —
- 10Y*
- —
EMNT vs. XONE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EMNT PIMCO Enhanced Short Maturity Active ESG ETF | 1.64% | 4.74% | 5.79% | 5.84% | 0.56% |
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 1.11% | 4.41% | 4.83% | 4.74% | 0.60% |
Correlation
The correlation between EMNT and XONE is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022 | 0.47 |
The correlation between EMNT and XONE shifts across timeframes, from 0.43 (3 years) to 0.58 (1 year), reflecting how their relationship changes across market environments.
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
EMNT vs. XONE — Risk / Return Rank
EMNT
XONE
EMNT vs. XONE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Short Maturity Active ESG ETF (EMNT) 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.
| EMNT | XONE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.57 | ||
| Sortino ratioReturn per unit of downside risk | +4.21 | ||
| Omega ratioGain probability vs. loss probability | 5.63 | 3.57 | +2.06 |
| Calmar ratioReturn relative to maximum drawdown | 33.45 | 24.16 | +9.30 |
| Martin ratioReturn relative to average drawdown | 235.99 | 138.74 | +97.26 |
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
| EMNT | XONE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 10.63 | 7.06 | +3.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 4.18 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 3.51 | 4.96 | -1.45 |
Drawdowns
EMNT vs. XONE - Drawdown Comparison
The maximum EMNT drawdown since its inception was -2.28%, which is greater than XONE's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for EMNT and XONE.
Loading charts...
Drawdown Indicators
| EMNT | XONE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.28% | -0.40% | -1.88% |
Max Drawdown (1Y)Largest decline over 1 year | -0.13% | -0.16% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -0.73% | -0.28% | -0.45% |
Max Drawdown (5Y)Largest decline over 5 years | -1.70% | — | — |
Current DrawdownCurrent decline from peak | -0.02% | -0.02% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.23% | -0.04% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.02% | 0.03% | -0.01% |
Volatility
EMNT vs. XONE - Volatility Comparison
PIMCO Enhanced Short Maturity Active ESG ETF (EMNT) has a higher volatility of 0.14% compared to BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) at 0.10%. This indicates that EMNT'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.
Loading charts...
Volatility by Period
| EMNT | XONE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.14% | 0.10% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 0.34% | 0.34% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.41% | 0.55% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.83% | 0.86% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.86% | 0.86% | 0.00% |
EMNT vs. XONE - Expense Ratio Comparison
EMNT has a 0.24% 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
EMNT vs. XONE - Dividend Comparison
EMNT's dividend yield for the trailing twelve months is around 4.00%, less than XONE's 4.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EMNT PIMCO Enhanced Short Maturity Active ESG ETF | 4.00% | 4.46% | 5.14% | 4.62% | 2.79% | 0.66% | 1.44% |
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 4.06% | 4.33% | 5.21% | 4.46% | 1.17% | 0.00% | 0.00% |
Frequently Asked Questions
EMNT and XONE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMNT has higher volatility (0.14%) compared to XONE (0.10%). In terms of maximum drawdown, EMNT dropped -2.28% vs XONE's -0.40%.
On 3-year performance, EMNT leads with 5.24% vs 4.57% 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 3-year period, EMNT has performed better with a 5.24% return vs 4.57%. 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 0.24% for EMNT.
XONE has the higher dividend yield at 4.06%, compared with 4.00% for EMNT.
EMNT is categorized as Ultrashort Bond, while XONE is Government Bonds. They also come from different issuers: PIMCO and BondBloxx. Their fees differ too: 0.24% for EMNT and 0.03% for XONE.
EMNT currently has the higher Sharpe Ratio (10.63 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 EMNT 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