PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
XCCC vs. FALN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

XCCC vs. FALN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and iShares Fallen Angels USD Bond ETF (FALN). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.57%
5.31%
XCCC
FALN

Returns By Period

In the year-to-date period, XCCC achieves a 12.39% return, which is significantly higher than FALN's 7.85% return.


XCCC

YTD

12.39%

1M

1.52%

6M

10.57%

1Y

19.69%

5Y (annualized)

N/A

10Y (annualized)

N/A

FALN

YTD

7.85%

1M

0.49%

6M

5.31%

1Y

12.70%

5Y (annualized)

5.59%

10Y (annualized)

N/A

Key characteristics


XCCCFALN
Sharpe Ratio3.342.63
Sortino Ratio4.973.99
Omega Ratio1.711.51
Calmar Ratio5.221.77
Martin Ratio16.6917.96
Ulcer Index1.18%0.70%
Daily Std Dev5.90%4.78%
Max Drawdown-9.97%-29.22%
Current Drawdown0.00%-0.59%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XCCC vs. FALN - Expense Ratio Comparison

XCCC has a 0.40% expense ratio, which is higher than FALN's 0.25% expense ratio.


XCCC
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
Expense ratio chart for XCCC: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
Expense ratio chart for FALN: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.00.8

The correlation between XCCC and FALN is 0.85, 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.

Risk-Adjusted Performance

XCCC vs. FALN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and iShares Fallen Angels USD Bond ETF (FALN). 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.


Sharpe ratio
The chart of Sharpe ratio for XCCC, currently valued at 3.34, compared to the broader market0.002.004.003.342.63
The chart of Sortino ratio for XCCC, currently valued at 4.97, compared to the broader market-2.000.002.004.006.008.0010.0012.004.973.99
The chart of Omega ratio for XCCC, currently valued at 1.71, compared to the broader market0.501.001.502.002.503.001.711.51
The chart of Calmar ratio for XCCC, currently valued at 5.22, compared to the broader market0.005.0010.0015.0020.005.224.80
The chart of Martin ratio for XCCC, currently valued at 16.69, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.6917.96
XCCC
FALN

The current XCCC Sharpe Ratio is 3.34, which is comparable to the FALN Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of XCCC and FALN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio2.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.34
2.63
XCCC
FALN

Dividends

XCCC vs. FALN - Dividend Comparison

XCCC's dividend yield for the trailing twelve months is around 10.72%, more than FALN's 6.09% yield.


TTM20232022202120202019201820172016
XCCC
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
10.72%11.01%7.64%0.00%0.00%0.00%0.00%0.00%0.00%
FALN
iShares Fallen Angels USD Bond ETF
6.09%5.38%5.08%3.39%5.14%5.35%5.97%6.99%3.54%

Drawdowns

XCCC vs. FALN - Drawdown Comparison

The maximum XCCC drawdown since its inception was -9.97%, smaller than the maximum FALN drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for XCCC and FALN. For additional features, visit the drawdowns tool.


-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.59%
XCCC
FALN

Volatility

XCCC vs. FALN - Volatility Comparison

The current volatility for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) is 1.09%, while iShares Fallen Angels USD Bond ETF (FALN) has a volatility of 1.24%. This indicates that XCCC experiences smaller price fluctuations and is considered to be less risky than FALN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%JuneJulyAugustSeptemberOctoberNovember
1.09%
1.24%
XCCC
FALN