STT vs. XONE

Last updated Jun 4, 2026

STT (State Street Corporation) is a stock, while XONE (BondBloxx Bloomberg One Year Target Duration US Treasury ETF) is Government Bonds fund tracking the Bloomberg US Treasury 1 Year Target Duration Index. Over the past 3 years, STT returned 34.54%/yr vs 4.57%/yr for XONE. At a correlation of -0.06, they often move in opposite directions.

Performance

STT vs. XONE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Corporation (STT) and BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STT achieves a 24.00% return, which is significantly higher than XONE's 1.11% return.

STT

• 1D: -1.19%
• 1M: 6.62%
• YTD: 24.00%
• 6M: 32.32%
• 1Y: 67.31%
• 3Y*: 34.54%
• 5Y*: 16.34%
• 10Y*: 13.18%

XONE

• 1D: -0.02%
• 1M: 0.24%
• YTD: 1.11%
• 6M: 1.47%
• 1Y: 3.85%
• 3Y*: 4.57%
• 5Y*: —
• 10Y*: —

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

STT vs. XONE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STT State Street Corporation	24.00%	35.54%	30.18%	3.54%	10.65%
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	1.11%	4.41%	4.83%	4.74%	0.60%

Correlation

The correlation between STT and XONE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022	-0.06

Return for Risk

STT vs. XONE — Risk / Return Rank

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

STT

STT Risk / Return Rank: 92
STT Sharpe Ratio Rank: 93
STT Sortino Ratio Rank: 89
STT Omega Ratio Rank: 90
STT Calmar Ratio Rank: 93
STT Martin Ratio Rank: 94

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.

STT vs. XONE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Corporation (STT) 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.

	STT	XONE	Difference
Sharpe ratio: Return per unit of total volatility	2.72	7.06	-4.34
Sortino ratio: Return per unit of downside risk	3.11	16.95	-13.84
Omega ratio: Gain probability vs. loss probability	1.44	3.57	-2.14
Calmar ratio: Return relative to maximum drawdown	5.74	24.16	-18.42
Martin ratio: Return relative to average drawdown	17.46	138.74	-121.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STT vs. XONE - Sharpe Ratio Comparison

The current STT Sharpe Ratio is 2.72, which is lower than the XONE Sharpe Ratio of 7.06. The chart below compares the historical Sharpe Ratios of STT and XONE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STT	XONE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.72	7.06	-4.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	4.96	-4.65

Drawdowns

STT vs. XONE - Drawdown Comparison

The maximum STT drawdown since its inception was -82.26%, which is greater than XONE's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for STT and XONE.

Drawdown Indicators

	STT	XONE	Difference
Max Drawdown Largest peak-to-trough decline	-82.26%	-0.40%	-81.86%
Max Drawdown (1Y) Largest decline over 1 year	-11.79%	-0.16%	-11.63%
Max Drawdown (3Y) Largest decline over 3 years	-25.68%	-0.28%	-25.40%
Max Drawdown (5Y) Largest decline over 5 years	-41.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.59%	—	—
Current Drawdown Current decline from peak	-1.20%	-0.02%	-1.18%
Average Drawdown Average peak-to-trough decline	-20.48%	-0.04%	-20.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.87%	0.03%	+3.84%

Volatility

STT vs. XONE - Volatility Comparison

State Street Corporation (STT) has a higher volatility of 6.00% compared to BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) at 0.10%. This indicates that STT'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

	STT	XONE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.00%	0.10%	+5.90%
Volatility (6M) Calculated over the trailing 6-month period	18.31%	0.34%	+17.97%
Volatility (1Y) Calculated over the trailing 1-year period	24.85%	0.55%	+24.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.42%	0.86%	+29.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.92%	0.86%	+32.06%

Dividends

STT vs. XONE - Dividend Comparison

STT's dividend yield for the trailing twelve months is around 2.08%, less than XONE's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
STT State Street Corporation	2.08%	2.42%	2.18%	3.41%	3.09%	2.34%	2.86%	2.50%	2.82%	1.64%	1.85%	1.99%
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

Can I hold both STT and XONE in my portfolio?

STT and XONE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STT or XONE?

STT has higher volatility (6.00%) compared to XONE (0.10%). In terms of maximum drawdown, STT dropped -82.26% vs XONE's -0.40%.

Which has better risk-adjusted returns?

XONE currently has the higher Sharpe Ratio (7.06 vs 2.72), 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.