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XHLF vs. SPBO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XHLF and SPBO is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

XHLF vs. SPBO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) and SPDR Portfolio Corporate Bond ETF (SPBO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

XHLF:

11.89

SPBO:

0.81

Sortino Ratio

XHLF:

37.30

SPBO:

1.15

Omega Ratio

XHLF:

8.24

SPBO:

1.14

Calmar Ratio

XHLF:

83.11

SPBO:

0.44

Martin Ratio

XHLF:

471.26

SPBO:

2.53

Ulcer Index

XHLF:

0.01%

SPBO:

1.96%

Daily Std Dev

XHLF:

0.42%

SPBO:

6.22%

Max Drawdown

XHLF:

-0.11%

SPBO:

-22.04%

Current Drawdown

XHLF:

0.00%

SPBO:

-6.34%

Returns By Period

In the year-to-date period, XHLF achieves a 1.45% return, which is significantly higher than SPBO's 1.29% return.


XHLF

YTD

1.45%

1M

0.29%

6M

2.12%

1Y

4.89%

5Y*

N/A

10Y*

N/A

SPBO

YTD

1.29%

1M

1.61%

6M

-0.14%

1Y

5.30%

5Y*

0.82%

10Y*

2.56%

*Annualized

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XHLF vs. SPBO - Expense Ratio Comparison

Both XHLF and SPBO 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. SPBO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XHLF
The Risk-Adjusted Performance Rank of XHLF is 100100
Overall Rank
The Sharpe Ratio Rank of XHLF is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of XHLF is 100100
Sortino Ratio Rank
The Omega Ratio Rank of XHLF is 100100
Omega Ratio Rank
The Calmar Ratio Rank of XHLF is 100100
Calmar Ratio Rank
The Martin Ratio Rank of XHLF is 100100
Martin Ratio Rank

SPBO
The Risk-Adjusted Performance Rank of SPBO is 6969
Overall Rank
The Sharpe Ratio Rank of SPBO is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of SPBO is 7474
Sortino Ratio Rank
The Omega Ratio Rank of SPBO is 6969
Omega Ratio Rank
The Calmar Ratio Rank of SPBO is 5757
Calmar Ratio Rank
The Martin Ratio Rank of SPBO is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XHLF vs. SPBO - 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 SPDR Portfolio Corporate Bond ETF (SPBO). 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.


The current XHLF Sharpe Ratio is 11.89, which is higher than the SPBO Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of XHLF and SPBO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

XHLF vs. SPBO - Dividend Comparison

XHLF's dividend yield for the trailing twelve months is around 4.58%, less than SPBO's 5.30% yield.


TTM20242023202220212020201920182017201620152014
XHLF
BondBloxx Bloomberg Six Month Target Duration US Treasury ETF
4.58%4.97%4.51%0.86%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPBO
SPDR Portfolio Corporate Bond ETF
5.30%5.28%4.73%3.54%2.65%2.75%3.46%3.60%3.15%3.09%3.07%3.21%

Drawdowns

XHLF vs. SPBO - Drawdown Comparison

The maximum XHLF drawdown since its inception was -0.11%, smaller than the maximum SPBO drawdown of -22.04%. Use the drawdown chart below to compare losses from any high point for XHLF and SPBO. For additional features, visit the drawdowns tool.


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Volatility

XHLF vs. SPBO - Volatility Comparison

The current volatility for BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) is 0.10%, while SPDR Portfolio Corporate Bond ETF (SPBO) has a volatility of 2.34%. This indicates that XHLF experiences smaller price fluctuations and is considered to be less risky than SPBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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