XB vs. HYSA
XB (BondBloxx B Rated USD High Yield Corporate Bond ETF) and HYSA (Bondbloxx USD High Yield Bond Sector Rotation ETF) are both High Yield Bonds funds from BondBloxx. XB is passively managed, while HYSA is actively managed. Over the past year, XB returned 6.31% vs 5.75% for HYSA. A 0.65 correlation means they provide meaningful diversification when combined. XB charges 0.30%/yr vs 0.55%/yr for HYSA.
Performance
XB vs. HYSA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XB achieves a 2.16% return, which is significantly higher than HYSA's 1.54% return.
XB
- 1D
- -0.10%
- 1M
- 0.65%
- YTD
- 2.16%
- 6M
- 2.25%
- 1Y
- 6.31%
- 3Y*
- 8.65%
- 5Y*
- —
- 10Y*
- —
HYSA
- 1D
- -0.13%
- 1M
- 0.73%
- YTD
- 1.54%
- 6M
- 1.67%
- 1Y
- 5.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XB vs. HYSA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XB BondBloxx B Rated USD High Yield Corporate Bond ETF | 2.16% | 7.81% | 7.41% | 5.22% |
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF | 1.54% | 8.37% | 6.71% | 5.95% |
Correlation
The correlation between XB and HYSA is 0.57, 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 | 0.57 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | 0.65 |
The correlation between XB and HYSA has been stable across timeframes, ranging from 0.57 to 0.65 - a consistent structural relationship.
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
XB vs. HYSA — Risk / Return Rank
XB
HYSA
XB vs. HYSA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) and Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA). 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.
| XB | HYSA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.94 | 1.83 | +1.11 |
| Martin ratioReturn relative to average drawdown | 12.71 | 7.35 | +5.35 |
Loading charts...
Drawdowns
XB vs. HYSA - Drawdown Comparison
The maximum XB drawdown since its inception was -9.25%, which is greater than HYSA's maximum drawdown of -4.90%. Use the drawdown chart below to compare losses from any high point for XB and HYSA.
Loading charts...
Drawdown Indicators
| XB | HYSA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.25% | -4.90% | -4.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.16% | -3.15% | +0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -5.36% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -0.33% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -0.67% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.50% | 0.78% | -0.28% |
Volatility
XB vs. HYSA - Volatility Comparison
BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) and Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) have volatilities of 1.08% and 1.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XB | HYSA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.12% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 3.56% | -0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.81% | 4.70% | -0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.43% | 6.03% | +1.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.43% | 6.03% | +1.40% |
XB vs. HYSA - Expense Ratio Comparison
XB has a 0.30% expense ratio, which is lower than HYSA's 0.55% expense ratio.
Dividends
XB vs. HYSA - Dividend Comparison
XB's dividend yield for the trailing twelve months is around 7.05%, more than HYSA's 6.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF | 6.74% | 6.70% | 6.99% | 2.65% | 0.00% |
XB BondBloxx B Rated USD High Yield Corporate Bond ETF | 7.05% | 6.96% | 7.74% | 7.87% | 5.01% |
Frequently Asked Questions
XB and HYSA have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HYSA has higher volatility (1.12%) compared to XB (1.08%). In terms of maximum drawdown, XB dropped -9.25% vs HYSA's -4.90%.
On 1-year performance, XB leads with 6.31% vs 5.75% for HYSA. On fees, XB is cheaper at 0.30% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, XB has performed better with a 6.31% return vs 5.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XB is cheaper with a 0.30% expense ratio, compared with 0.55% for HYSA.
XB has the higher dividend yield at 7.05%, compared with 6.74% for HYSA.
Their fees differ too: 0.30% for XB and 0.55% for HYSA.
XB currently has the higher Sharpe Ratio (1.67 vs 1.23), 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 XB and HYSA
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