XHLF vs. SGOV
Compare and contrast key facts about BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) and iShares 0-3 Month Treasury Bond ETF (SGOV).
XHLF and SGOV 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. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020. Both XHLF and SGOV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XHLF or SGOV.
Key characteristics
| XHLF | SGOV | |
|---|---|---|
| YTD Return | 4.35% | 4.61% |
| 1Y Return | 5.29% | 5.38% |
| Sharpe Ratio | 11.85 | 21.83 |
| Sortino Ratio | 33.72 | 526.74 |
| Omega Ratio | 7.39 | 527.74 |
| Calmar Ratio | 88.86 | 540.70 |
| Martin Ratio | 438.07 | 8,583.38 |
| Ulcer Index | 0.01% | 0.00% |
| Daily Std Dev | 0.45% | 0.25% |
| Max Drawdown | -0.11% | -0.03% |
| Current Drawdown | -0.02% | -0.01% |
Correlation
The correlation between XHLF and SGOV is 0.39, 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. SGOV - Performance Comparison
In the year-to-date period, XHLF achieves a 4.35% return, which is significantly lower than SGOV's 4.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XHLF vs. SGOV - Expense Ratio Comparison
Both XHLF and SGOV have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
XHLF vs. SGOV - 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 0-3 Month Treasury Bond ETF (SGOV). 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. SGOV - Dividend Comparison
XHLF's dividend yield for the trailing twelve months is around 5.10%, less than SGOV's 5.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 5.10% | 4.51% | 0.86% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.24% | 4.87% | 1.45% | 0.03% | 0.04% |
Drawdowns
XHLF vs. SGOV - Drawdown Comparison
The maximum XHLF drawdown since its inception was -0.11%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for XHLF and SGOV. For additional features, visit the drawdowns tool.
Volatility
XHLF vs. SGOV - Volatility Comparison
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) has a higher volatility of 0.13% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.08%. This indicates that XHLF's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.