XFIV vs. GOVZ
XFIV (BondBloxx Bloomberg Five Year Target Duration US Treasury ETF) and GOVZ (iShares 25+ Year Treasury STRIPS Bond ETF) are both Government Bonds funds - XFIV tracks the Bloomberg US Treasury 5 Year Target Duration Index while GOVZ tracks the ICE BofA Long US Treasury Principal STRIPS Index. Both are passively managed. Over the past 3 years, XFIV returned 3.66%/yr vs -8.12%/yr for GOVZ. A 0.78 correlation means they provide meaningful diversification when combined. XFIV charges 0.05%/yr vs 0.15%/yr for GOVZ.
Performance
XFIV vs. GOVZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XFIV achieves a -0.47% return, which is significantly higher than GOVZ's -3.09% return.
XFIV
- 1D
- 0.28%
- 1M
- -0.13%
- 6M
- -0.52%
- YTD
- -0.47%
- 1Y
- 2.74%
- 3Y*
- 3.66%
- 5Y*
- —
- 10Y*
- —
GOVZ
- 1D
- -0.16%
- 1M
- -3.04%
- 6M
- -3.92%
- YTD
- -3.09%
- 1Y
- 0.58%
- 3Y*
- -8.12%
- 5Y*
- -13.49%
- 10Y*
- —
XFIV vs. GOVZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XFIV BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | -0.47% | 7.43% | 1.52% | 4.40% | -0.60% |
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF | -3.09% | -1.81% | -16.24% | 0.90% | -10.92% |
Correlation
The correlation between XFIV and GOVZ is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2022 | 0.78 |
The correlation between XFIV and GOVZ has been stable across timeframes, ranging from 0.72 to 0.78 - 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
XFIV vs. GOVZ — Risk / Return Rank
XFIV
GOVZ
XFIV vs. GOVZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) and iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ). 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.
| XFIV | GOVZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.02 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.95 | 0.04 | +0.91 |
| Martin ratioReturn relative to average drawdown | 2.37 | 0.09 | +2.28 |
Loading charts...
Drawdowns
XFIV vs. GOVZ - Drawdown Comparison
The maximum XFIV drawdown since its inception was -6.38%, smaller than the maximum GOVZ drawdown of -59.65%. Use the drawdown chart below to compare losses from any high point for XFIV and GOVZ.
Loading charts...
Drawdown Indicators
| XFIV | GOVZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.38% | -59.65% | +53.27% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -14.16% | +11.25% |
Max Drawdown (3Y)Largest decline over 3 years | -4.47% | -28.23% | +23.76% |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -2.14% | -57.42% | +55.28% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -40.18% | +38.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 6.71% | -5.55% |
Volatility
XFIV vs. GOVZ - Volatility Comparison
The current volatility for BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) is 1.16%, while iShares 25+ Year Treasury STRIPS Bond ETF (GOVZ) has a volatility of 4.34%. This indicates that XFIV experiences smaller price fluctuations and is considered to be less risky than GOVZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XFIV | GOVZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 4.34% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 10.96% | -8.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.49% | 15.55% | -12.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.39% | 23.84% | -18.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.39% | 23.22% | -17.83% |
XFIV vs. GOVZ - Expense Ratio Comparison
XFIV has a 0.05% expense ratio, which is lower than GOVZ's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XFIV vs. GOVZ - Dividend Comparison
XFIV's dividend yield for the trailing twelve months is around 3.83%, less than GOVZ's 5.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GOVZ iShares 25+ Year Treasury STRIPS Bond ETF | 5.31% | 5.00% | 4.68% | 3.84% | 3.69% | 1.76% | 0.39% |
XFIV BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 3.83% | 4.05% | 3.92% | 3.63% | 1.06% | 0.00% | 0.00% |
Frequently Asked Questions
XFIV and GOVZ have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOVZ has higher volatility (4.34%) compared to XFIV (1.16%). In terms of maximum drawdown, XFIV dropped -6.38% vs GOVZ's -59.65%.
On 3-year performance, XFIV leads with 3.66% vs -8.12% for GOVZ. On fees, XFIV is cheaper at 0.05% per year. On volatility, XFIV has been the lower-risk option at 1.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XFIV has performed better with a 3.66% return vs -8.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XFIV is cheaper with a 0.05% expense ratio, compared with 0.15% for GOVZ.
GOVZ has the higher dividend yield at 5.31%, compared with 3.83% for XFIV.
XFIV tracks Bloomberg US Treasury 5 Year Target Duration Index, while GOVZ tracks ICE BofA Long US Treasury Principal STRIPS Index. They also come from different issuers: BondBloxx and iShares. Their fees differ too: 0.05% for XFIV and 0.15% for GOVZ.
XFIV currently has the higher Sharpe Ratio (0.79 vs 0.04), 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 XFIV and GOVZ
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