XHLF vs. VOO
XHLF (BondBloxx Bloomberg Six Month Target Duration US Treasury ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - XHLF is a Government Bonds fund tracking the Bloomberg US Treasury 6 Month Duration Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 3 years, XHLF returned 4.62%/yr vs 22.44%/yr for VOO. At a correlation of -0.02, they often move in opposite directions. Both charge a 0.03% expense ratio.
Performance
XHLF vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, XHLF achieves a 1.39% return, which is significantly lower than VOO's 10.91% return.
XHLF
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.39%
- 6M
- 1.71%
- 1Y
- 3.92%
- 3Y*
- 4.62%
- 5Y*
- —
- 10Y*
- —
VOO
- 1D
- -0.70%
- 1M
- 5.04%
- YTD
- 10.91%
- 6M
- 10.93%
- 1Y
- 28.04%
- 3Y*
- 22.44%
- 5Y*
- 13.90%
- 10Y*
- 15.56%
XHLF vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1.39% | 4.21% | 5.04% | 4.90% | 0.96% |
VOO Vanguard S&P 500 ETF | 10.91% | 17.82% | 24.98% | 26.32% | -1.14% |
Correlation
The correlation between XHLF and VOO is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022 | -0.02 |
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Return for Risk
XHLF vs. VOO — Risk / Return Rank
XHLF
VOO
XHLF vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) and Vanguard S&P 500 ETF (VOO). 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.
| XHLF | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +10.04 | ||
| Sortino ratioReturn per unit of downside risk | +42.59 | ||
| Omega ratioGain probability vs. loss probability | 11.75 | 1.43 | +10.31 |
| Calmar ratioReturn relative to maximum drawdown | 98.81 | 3.16 | +95.64 |
| Martin ratioReturn relative to average drawdown | 670.31 | 14.73 | +655.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XHLF | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 12.43 | 2.39 | +10.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.83 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 10.75 | 0.89 | +9.86 |
Drawdowns
XHLF vs. VOO - Drawdown Comparison
The maximum XHLF drawdown since its inception was -0.11%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for XHLF and VOO.
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Drawdown Indicators
| XHLF | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.11% | -33.99% | +33.88% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -8.90% | +8.86% |
Max Drawdown (3Y)Largest decline over 3 years | -0.06% | -18.69% | +18.63% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.70% | +0.70% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -3.69% | +3.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 1.91% | -1.90% |
Volatility
XHLF vs. VOO - Volatility Comparison
The current volatility for BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) is 0.08%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.84%. This indicates that XHLF experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHLF | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.08% | 2.84% | -2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 0.22% | 8.90% | -8.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.32% | 11.80% | -11.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.42% | 16.81% | -16.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.42% | 18.01% | -17.59% |
XHLF vs. VOO - Expense Ratio Comparison
Both XHLF and VOO 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%.
Dividends
XHLF vs. VOO - Dividend Comparison
XHLF's dividend yield for the trailing twelve months is around 3.85%, more than VOO's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 1.03% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 3.85% | 3.98% | 4.96% | 4.50% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XHLF and VOO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (2.84%) compared to XHLF (0.08%). In terms of maximum drawdown, XHLF dropped -0.11% vs VOO's -33.99%.
On 3-year performance, VOO leads with 22.44% vs 4.62% for XHLF. Both ETFs have the same 0.03% expense ratio. On volatility, XHLF has been the lower-risk option at 0.08%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VOO has performed better with a 22.44% return vs 4.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XHLF and VOO have the same expense ratio: 0.03% per year.
XHLF has the higher dividend yield at 3.85%, compared with 1.03% for VOO.
XHLF is categorized as Government Bonds, while VOO is S&P 500. XHLF tracks Bloomberg US Treasury 6 Month Duration Index, while VOO tracks S&P 500 Index. They also come from different issuers: BondBloxx and Vanguard.
XHLF currently has the higher Sharpe Ratio (12.43 vs 2.39), 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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