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XFLT vs. VONE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XFLT vs. VONE

Last updated Jun 13, 2026

XFLT (XAI Octagon Floating Rate & Alternative Income Term Trust) is a stock, while VONE (Vanguard Russell 1000 ETF) is Large Cap Blend Equities fund tracking the Russell 1000 Index. Over the past 5 years, XFLT returned -4.53%/yr vs 12.60%/yr for VONE. At a 0.26 correlation, their price movements are largely independent.

Performance

XFLT vs. VONE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) and Vanguard Russell 1000 ETF (VONE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XFLT achieves a -19.80% return, which is significantly lower than VONE's 8.90% return.

XFLT

1D
0.28%
1M
-6.21%
YTD
-19.80%
6M
-15.02%
1Y
-26.28%
3Y*
-4.75%
5Y*
-4.53%
10Y*
—

VONE

1D
0.43%
1M
0.28%
YTD
8.90%
6M
9.17%
1Y
23.83%
3Y*
20.64%
5Y*
12.60%
10Y*
15.21%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XFLT vs. VONE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XFLT
XAI Octagon Floating Rate & Alternative Income Term Trust		-19.80%-15.35%7.37%30.40%-20.30%31.30%5.13%22.05%-15.10%-4.70%
VONE
Vanguard Russell 1000 ETF		8.90%17.21%24.51%26.41%-19.14%26.49%20.95%31.12%-4.84%7.62%

Correlation

The correlation between XFLT and VONE is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.24

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (All Time)
Calculated using the full available price history since Sep 27, 2017

0.26

Compare stocks, funds, or ETFs

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

XAI Octagon Floating Rate & Alternative Income Term Trust

Vanguard Russell 1000 ETF

Often compared with XFLT:
XFLT vs. BGRXFLT vs. USAXFLT vs. XYLDXFLT vs. PFLTXFLT vs. QQQIXFLT vs. JEPIXFLT vs. SPY
Often compared with VONE:
VONE vs. VONGVONE vs. VOOVONE vs. IWBVONE vs. VONVVONE vs. SPYVONE vs. VTHRVONE vs. VWUSX

Return for Risk

XFLT vs. VONE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XFLT
XFLT Risk / Return Rank: 88
Overall Rank
XFLT Sharpe Ratio Rank: 22
Sharpe Ratio Rank
XFLT Sortino Ratio Rank: 33
Sortino Ratio Rank
XFLT Omega Ratio Rank: 44
Omega Ratio Rank
XFLT Calmar Ratio Rank: 1919
Calmar Ratio Rank
XFLT Martin Ratio Rank: 1111
Martin Ratio Rank
VONE
VONE Risk / Return Rank: 6868
Overall Rank
VONE Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
VONE Sortino Ratio Rank: 6767
Sortino Ratio Rank
VONE Omega Ratio Rank: 6767
Omega Ratio Rank
VONE Calmar Ratio Rank: 6262
Calmar Ratio Rank
VONE Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XFLT vs. VONE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) and Vanguard Russell 1000 ETF (VONE). 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.

XFLTVONEDifference
Sharpe ratioReturn per unit of total volatility
-1.29
1.93

-3.22

Sortino ratioReturn per unit of downside risk
-1.90
2.64

-4.54

Omega ratioGain probability vs. loss probability

0.78

1.35

-0.57

Calmar ratioReturn relative to maximum drawdown

-0.65

2.71

-3.35

Martin ratioReturn relative to average drawdown

-1.34

12.15

-13.49

XFLT vs. VONE - Sharpe Ratio Comparison

The current XFLT Sharpe Ratio is -1.29, which is lower than the VONE Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of XFLT and VONE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XFLT vs. VONE - Drawdown Comparison

The maximum XFLT drawdown since its inception was -55.43%, which is greater than VONE's maximum drawdown of -34.66%. Use the drawdown chart below to compare losses from any high point for XFLT and VONE.

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Drawdown Indicators

XFLTVONEDifference

Max Drawdown

Largest peak-to-trough decline

-55.43%

-34.66%

-20.77%

Max Drawdown (1Y)

Largest decline over 1 year

-40.67%

-8.85%

-31.82%

Max Drawdown (3Y)

Largest decline over 3 years

-47.04%

-19.06%

-27.98%

Max Drawdown (5Y)

Largest decline over 5 years

-47.04%

-25.12%

-21.92%

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.66%

—

Current Drawdown

Current decline from peak

-36.23%

-2.20%

-34.03%

Average Drawdown

Average peak-to-trough decline

-14.43%

-3.90%

-10.53%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.64%

1.97%

+17.67%

Volatility

XFLT vs. VONE - Volatility Comparison

The current volatility for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 3.23%, while Vanguard Russell 1000 ETF (VONE) has a volatility of 4.24%. This indicates that XFLT experiences smaller price fluctuations and is considered to be less risky than VONE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

XFLTVONEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.23%

4.24%

-1.01%

Volatility (6M)

Calculated over the trailing 6-month period

18.38%

9.61%

+8.77%

Volatility (1Y)

Calculated over the trailing 1-year period

20.44%

12.39%

+8.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.11%

17.14%

+3.97%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.14%

18.27%

+7.87%

Dividends

XFLT vs. VONE - Dividend Comparison

XFLT's dividend yield for the trailing twelve months is around 21.19%, more than VONE's 1.01% yield.

PositionTTM20252024202320222021202020192018201720162015
VONE
Vanguard Russell 1000 ETF		1.01%1.07%1.20%1.40%1.59%1.16%1.45%1.65%1.96%1.69%1.89%1.89%
XFLT
XAI Octagon Floating Rate & Alternative Income Term Trust		21.19%18.23%15.24%13.61%13.86%9.82%10.64%10.63%11.33%1.47%0.00%0.00%

Frequently Asked Questions

XFLT and VONE have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VONE has higher volatility (4.24%) compared to XFLT (3.23%). In terms of maximum drawdown, XFLT dropped -55.43% vs VONE's -34.66%.

VONE currently has the higher Sharpe Ratio (1.93 vs -1.29), 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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