TLT vs. XONE
Compare and contrast key facts about iShares 20+ Year Treasury Bond ETF (TLT) and Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE).
TLT and XONE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TLT is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 20+ Year Bond Index. It was launched on Jul 22, 2002. 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 TLT 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
TLT vs. XONE - Performance Comparison
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TLT vs. XONE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TLT iShares 20+ Year Treasury Bond ETF | 0.07% | 4.25% | -8.05% | 2.77% | -6.90% |
XONE Bondbloxx Bloomberg One Year Target Duration US Treasury ETF | 0.58% | 4.41% | 4.83% | 4.74% | 0.60% |
Returns By Period
In the year-to-date period, TLT achieves a 0.07% return, which is significantly lower than XONE's 0.58% return.
TLT
- 1D
- -0.10%
- 1M
- -3.35%
- YTD
- 0.07%
- 6M
- -1.23%
- 1Y
- -1.44%
- 3Y*
- -2.81%
- 5Y*
- -5.87%
- 10Y*
- -1.39%
XONE
- 1D
- -0.01%
- 1M
- 0.06%
- YTD
- 0.58%
- 6M
- 1.58%
- 1Y
- 3.79%
- 3Y*
- 4.43%
- 5Y*
- —
- 10Y*
- —
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TLT vs. XONE - Expense Ratio Comparison
TLT has a 0.15% 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%.
Return for Risk
TLT vs. XONE — Risk / Return Rank
TLT
XONE
TLT vs. XONE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 20+ Year Treasury Bond ETF (TLT) 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.
| TLT | XONE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.13 | 6.31 | -6.43 |
Sortino ratioReturn per unit of downside risk | -0.10 | 13.53 | -13.62 |
Omega ratioGain probability vs. loss probability | 0.99 | 3.03 | -2.04 |
Calmar ratioReturn relative to maximum drawdown | -0.06 | 19.73 | -19.79 |
Martin ratioReturn relative to average drawdown | -0.13 | 88.12 | -88.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TLT | XONE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.13 | 6.31 | -6.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.09 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 4.94 | -4.68 |
Correlation
The correlation between TLT and XONE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TLT vs. XONE - Dividend Comparison
TLT's dividend yield for the trailing twelve months is around 4.53%, more than XONE's 4.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLT iShares 20+ Year Treasury Bond ETF | 4.53% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
XONE Bondbloxx Bloomberg One Year Target Duration US Treasury ETF | 4.16% | 4.33% | 5.21% | 4.46% | 1.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TLT vs. XONE - Drawdown Comparison
The maximum TLT drawdown since its inception was -48.35%, which is greater than XONE's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for TLT and XONE.
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Drawdown Indicators
| TLT | XONE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.35% | -0.40% | -47.95% |
Max Drawdown (1Y)Largest decline over 1 year | -9.23% | -0.20% | -9.03% |
Max Drawdown (5Y)Largest decline over 5 years | -43.70% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -48.35% | — | — |
Current DrawdownCurrent decline from peak | -40.23% | -0.01% | -40.22% |
Average DrawdownAverage peak-to-trough decline | -13.62% | -0.05% | -13.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 0.04% | +4.35% |
Volatility
TLT vs. XONE - Volatility Comparison
iShares 20+ Year Treasury Bond ETF (TLT) has a higher volatility of 3.71% compared to Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) at 0.21%. This indicates that TLT'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
| TLT | XONE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 0.21% | +3.50% |
Volatility (6M)Calculated over the trailing 6-month period | 6.61% | 0.34% | +6.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 0.61% | +10.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 0.87% | +15.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.93% | 0.87% | +14.06% |