XCCC vs. IOO
XCCC (BondBloxx CCC Rated USD High Yield Corporate Bond ETF) and IOO (iShares Global 100 ETF) are both exchange-traded funds - XCCC is a High Yield Bonds fund tracking the ICE BofA CCC and Lower US High Yield Constrained Index, while IOO is a Global Equities fund tracking the S&P Global 100 Index (Net). Both are passively managed. Over the past 3 years, XCCC returned 10.29%/yr vs 23.03%/yr for IOO. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.40% expense ratio.
Performance
XCCC vs. IOO - Performance Comparison
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Returns By Period
In the year-to-date period, XCCC achieves a 0.07% return, which is significantly lower than IOO's 7.16% return.
XCCC
- 1D
- -0.15%
- 1M
- 0.55%
- YTD
- 0.07%
- 6M
- -0.02%
- 1Y
- 4.67%
- 3Y*
- 10.29%
- 5Y*
- —
- 10Y*
- —
IOO
- 1D
- -0.21%
- 1M
- -4.12%
- YTD
- 7.16%
- 6M
- 6.45%
- 1Y
- 29.33%
- 3Y*
- 23.03%
- 5Y*
- 15.33%
- 10Y*
- 16.60%
XCCC vs. IOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 0.07% | 7.25% | 13.01% | 20.57% | -4.80% |
IOO iShares Global 100 ETF | 7.16% | 27.02% | 26.54% | 27.71% | -3.90% |
Correlation
The correlation between XCCC and IOO is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since May 26, 2022 | 0.63 |
The correlation between XCCC and IOO has been stable across timeframes, ranging from 0.56 to 0.65 - a consistent structural relationship.
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Return for Risk
XCCC vs. IOO — Risk / Return Rank
XCCC
IOO
XCCC vs. IOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and iShares Global 100 ETF (IOO). 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.
| XCCC | IOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 2.97 | -2.05 |
| Martin ratioReturn relative to average drawdown | 3.04 | 12.57 | -9.53 |
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Drawdowns
XCCC vs. IOO - Drawdown Comparison
The maximum XCCC drawdown since its inception was -10.99%, smaller than the maximum IOO drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for XCCC and IOO.
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Drawdown Indicators
| XCCC | IOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.99% | -55.85% | +44.86% |
Max Drawdown (1Y)Largest decline over 1 year | -5.11% | -9.94% | +4.83% |
Max Drawdown (3Y)Largest decline over 3 years | -10.99% | -19.19% | +8.20% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.43% | — |
Current DrawdownCurrent decline from peak | -0.93% | -5.81% | +4.88% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -11.25% | +9.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 2.34% | -0.80% |
Volatility
XCCC vs. IOO - Volatility Comparison
The current volatility for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) is 1.39%, while iShares Global 100 ETF (IOO) has a volatility of 5.30%. This indicates that XCCC experiences smaller price fluctuations and is considered to be less risky than IOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCCC | IOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 5.30% | -3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 4.10% | 11.46% | -7.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.29% | 14.25% | -8.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.78% | 17.17% | -8.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.78% | 17.73% | -8.95% |
XCCC vs. IOO - Expense Ratio Comparison
Both XCCC and IOO have an expense ratio of 0.40%.
Dividends
XCCC vs. IOO - Dividend Comparison
XCCC's dividend yield for the trailing twelve months is around 10.04%, more than IOO's 0.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IOO iShares Global 100 ETF | 0.86% | 0.92% | 1.08% | 1.49% | 2.00% | 1.53% | 1.49% | 2.02% | 2.54% | 2.23% | 2.75% | 2.89% |
XCCC BondBloxx CCC Rated USD High Yield Corporate Bond ETF | 10.04% | 10.06% | 10.68% | 12.05% | 7.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XCCC and IOO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOO has higher volatility (5.30%) compared to XCCC (1.39%). In terms of maximum drawdown, XCCC dropped -10.99% vs IOO's -55.85%.
On 3-year performance, IOO leads with 23.03% vs 10.29% for XCCC. Both ETFs have the same 0.40% expense ratio. On volatility, XCCC has been the lower-risk option at 1.39%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IOO has performed better with a 23.03% return vs 10.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XCCC and IOO have the same expense ratio: 0.40% per year.
XCCC has the higher dividend yield at 10.04%, compared with 0.86% for IOO.
XCCC is categorized as High Yield Bonds, while IOO is Global Equities. XCCC tracks ICE BofA CCC and Lower US High Yield Constrained Index, while IOO tracks S&P Global 100 Index (Net). They also come from different issuers: BondBloxx and iShares.
IOO currently has the higher Sharpe Ratio (2.07 vs 0.89), 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.
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