SPTI vs. XONE

Last updated Apr 1, 2026

Compare and contrast key facts about SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE).

SPTI and XONE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPTI is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays U.S. 3-10 Year Treasury Bond Index. It was launched on May 23, 2007. XONE is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg US Treasury 1 Year Duration Index - Benchmark TR Gross. It was launched on Sep 13, 2022. Both SPTI and XONE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SPTI vs. XONE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE). The values are adjusted to include any dividend payments, if applicable.

SPTI vs. XONE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SPTI SPDR Portfolio Intermediate Term Treasury ETF	-0.01%	7.46%	1.32%	4.24%	-0.75%
XONE Bondbloxx Bloomberg One Year Target Duration US Treasury ETF	0.59%	4.41%	4.83%	4.74%	0.60%

Returns By Period

In the year-to-date period, SPTI achieves a -0.01% return, which is significantly lower than XONE's 0.59% return.

SPTI

• 1D: 0.17%
• 1M: -1.63%
• YTD: -0.01%
• 6M: 1.04%
• 1Y: 4.15%
• 3Y*: 3.32%
• 5Y*: 0.32%
• 10Y*: 1.41%

XONE

• 1D: 0.03%
• 1M: 0.04%
• YTD: 0.59%
• 6M: 1.68%
• 1Y: 3.87%
• 3Y*: 4.43%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPTI vs. XONE - Expense Ratio Comparison

SPTI has a 0.06% 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%.

SPTI

SPDR Portfolio Intermediate Term Treasury ETF

XONE

Bondbloxx Bloomberg One Year Target Duration US Treasury ETF

Return for Risk

SPTI vs. XONE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPTI

SPTI Risk / Return Rank: 63
SPTI Sharpe Ratio Rank: 64
SPTI Sortino Ratio Rank: 67
SPTI Omega Ratio Rank: 53
SPTI Calmar Ratio Rank: 74
SPTI Martin Ratio Rank: 60

XONE

XONE Risk / Return Rank: 99
XONE Sharpe Ratio Rank: 99
XONE Sortino Ratio Rank: 99
XONE Omega Ratio Rank: 99
XONE Calmar Ratio Rank: 99
XONE Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPTI vs. XONE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio Intermediate Term Treasury ETF (SPTI) 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.

	SPTI	XONE	Difference
Sharpe ratio Return per unit of total volatility	1.08	6.42	-5.34
Sortino ratio Return per unit of downside risk	1.62	13.79	-12.17
Omega ratio Gain probability vs. loss probability	1.19	3.08	-1.89
Calmar ratio Return relative to maximum drawdown	1.83	19.78	-17.95
Martin ratio Return relative to average drawdown	5.63	88.34	-82.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTI vs. XONE - Sharpe Ratio Comparison

The current SPTI Sharpe Ratio is 1.08, which is lower than the XONE Sharpe Ratio of 6.42. The chart below compares the historical Sharpe Ratios of SPTI and XONE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPTI	XONE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	6.42	-5.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	4.95	-4.39

Correlation

The correlation between SPTI and XONE is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SPTI vs. XONE - Dividend Comparison

SPTI's dividend yield for the trailing twelve months is around 3.81%, less than XONE's 4.20% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPTI SPDR Portfolio Intermediate Term Treasury ETF	3.81%	3.79%	3.77%	2.99%	1.45%	0.53%	0.75%	2.02%	1.97%	1.46%	1.23%	1.18%
XONE Bondbloxx Bloomberg One Year Target Duration US Treasury ETF	4.20%	4.33%	5.21%	4.46%	1.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SPTI vs. XONE - Drawdown Comparison

The maximum SPTI drawdown since its inception was -16.12%, which is greater than XONE's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for SPTI and XONE.

Drawdown Indicators

	SPTI	XONE	Difference
Max Drawdown Largest peak-to-trough decline	-16.12%	-0.40%	-15.72%
Max Drawdown (1Y) Largest decline over 1 year	-2.39%	-0.20%	-2.19%
Max Drawdown (5Y) Largest decline over 5 years	-15.06%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-16.12%	—	—
Current Drawdown Current decline from peak	-2.00%	0.00%	-2.00%
Average Drawdown Average peak-to-trough decline	-2.93%	-0.05%	-2.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	0.04%	+0.74%

Volatility

SPTI vs. XONE - Volatility Comparison

SPDR Portfolio Intermediate Term Treasury ETF (SPTI) has a higher volatility of 1.35% compared to Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) at 0.21%. This indicates that SPTI'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.

Volatility by Period

	SPTI	XONE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	0.21%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	2.31%	0.34%	+1.97%
Volatility (1Y) Calculated over the trailing 1-year period	3.87%	0.61%	+3.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.34%	0.87%	+4.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.36%	0.87%	+3.49%