XHLF vs. ICSH
Compare and contrast key facts about BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) and iShares Ultra Short-Term Bond ETF (ICSH).
XHLF and ICSH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHLF is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg US Treasury 6 Month Duration Index. It was launched on Sep 13, 2022. ICSH is an actively managed fund by iShares. It was launched on Dec 11, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XHLF or ICSH.
Key characteristics
| XHLF | ICSH | |
|---|---|---|
| YTD Return | 4.37% | 4.82% |
| 1Y Return | 5.31% | 5.91% |
| Sharpe Ratio | 11.85 | 13.57 |
| Sortino Ratio | 33.72 | 37.95 |
| Omega Ratio | 7.39 | 8.52 |
| Calmar Ratio | 88.86 | 85.78 |
| Martin Ratio | 438.06 | 525.87 |
| Ulcer Index | 0.01% | 0.01% |
| Daily Std Dev | 0.45% | 0.44% |
| Max Drawdown | -0.11% | -3.94% |
| Current Drawdown | 0.00% | -0.04% |
Correlation
The correlation between XHLF and ICSH is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XHLF vs. ICSH - Performance Comparison
In the year-to-date period, XHLF achieves a 4.37% return, which is significantly lower than ICSH's 4.82% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XHLF vs. ICSH - Expense Ratio Comparison
XHLF has a 0.03% expense ratio, which is lower than ICSH's 0.08% 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%.
Risk-Adjusted Performance
XHLF vs. ICSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) and iShares Ultra Short-Term Bond ETF (ICSH). 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.
Dividends
XHLF vs. ICSH - Dividend Comparison
XHLF's dividend yield for the trailing twelve months is around 5.09%, less than ICSH's 5.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 5.09% | 4.51% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICSH iShares Ultra Short-Term Bond ETF | 5.27% | 4.78% | 1.66% | 0.42% | 1.22% | 2.60% | 2.19% | 1.36% | 0.88% | 0.54% | 0.46% |
Drawdowns
XHLF vs. ICSH - Drawdown Comparison
The maximum XHLF drawdown since its inception was -0.11%, smaller than the maximum ICSH drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for XHLF and ICSH. For additional features, visit the drawdowns tool.
Volatility
XHLF vs. ICSH - Volatility Comparison
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) and iShares Ultra Short-Term Bond ETF (ICSH) have volatilities of 0.13% and 0.13%, 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.