XHLF vs. XFIV
XHLF (BondBloxx Bloomberg Six Month Target Duration US Treasury ETF) and XFIV (BondBloxx Bloomberg Five Year Target Duration US Treasury ETF) are both Government Bonds funds from BondBloxx - XHLF tracks the Bloomberg US Treasury 6 Month Duration Index while XFIV tracks the Bloomberg US Treasury 5 Year Target Duration Index. Both are passively managed. Over the past 3 years, XHLF returned 4.62%/yr vs 3.51%/yr for XFIV. At a 0.30 correlation, their price movements are largely independent. XHLF charges 0.03%/yr vs 0.05%/yr for XFIV.
Performance
XHLF vs. XFIV - Performance Comparison
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Returns By Period
In the year-to-date period, XHLF achieves a 1.39% return, which is significantly higher than XFIV's -0.47% return.
XHLF
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.39%
- 6M
- 1.71%
- 1Y
- 3.92%
- 3Y*
- 4.62%
- 5Y*
- —
- 10Y*
- —
XFIV
- 1D
- -0.18%
- 1M
- -0.16%
- YTD
- -0.47%
- 6M
- -0.68%
- 1Y
- 3.51%
- 3Y*
- 3.51%
- 5Y*
- —
- 10Y*
- —
XHLF vs. XFIV - 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% |
XFIV BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | -0.47% | 7.43% | 1.52% | 4.40% | -0.56% |
Correlation
The correlation between XHLF and XFIV is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022 | 0.30 |
Over the past year, the correlation between XHLF and XFIV has dropped to 0.09 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
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Return for Risk
XHLF vs. XFIV — Risk / Return Rank
XHLF
XFIV
XHLF vs. XFIV - 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 BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV). 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 | XFIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +11.42 | ||
| Sortino ratioReturn per unit of downside risk | +44.32 | ||
| Omega ratioGain probability vs. loss probability | 11.75 | 1.18 | +10.57 |
| Calmar ratioReturn relative to maximum drawdown | 98.81 | 1.21 | +97.59 |
| Martin ratioReturn relative to average drawdown | 670.31 | 3.61 | +666.70 |
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 | XFIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 12.43 | 1.01 | +11.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 10.75 | 0.61 | +10.14 |
Drawdowns
XHLF vs. XFIV - Drawdown Comparison
The maximum XHLF drawdown since its inception was -0.11%, smaller than the maximum XFIV drawdown of -6.38%. Use the drawdown chart below to compare losses from any high point for XHLF and XFIV.
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Drawdown Indicators
| XHLF | XFIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.11% | -6.38% | +6.27% |
Max Drawdown (1Y)Largest decline over 1 year | -0.04% | -2.91% | +2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -0.06% | -4.47% | +4.41% |
Current DrawdownCurrent decline from peak | 0.00% | -2.15% | +2.15% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -1.66% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 0.97% | -0.96% |
Volatility
XHLF vs. XFIV - Volatility Comparison
The current volatility for BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) is 0.08%, while BondBloxx Bloomberg Five Year Target Duration US Treasury ETF (XFIV) has a volatility of 1.09%. This indicates that XHLF experiences smaller price fluctuations and is considered to be less risky than XFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHLF | XFIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.08% | 1.09% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 0.22% | 2.41% | -2.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.32% | 3.48% | -3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.42% | 5.42% | -5.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.42% | 5.42% | -5.00% |
XHLF vs. XFIV - Expense Ratio Comparison
XHLF has a 0.03% expense ratio, which is lower than XFIV's 0.05% 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%.
Dividends
XHLF vs. XFIV - Dividend Comparison
XHLF's dividend yield for the trailing twelve months is around 3.85%, which matches XFIV's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
XFIV BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 3.82% | 4.05% | 3.92% | 3.63% | 1.06% |
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 3.85% | 3.98% | 4.96% | 4.50% | 0.86% |
Frequently Asked Questions
XHLF and XFIV have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XFIV has higher volatility (1.09%) compared to XHLF (0.08%). In terms of maximum drawdown, XHLF dropped -0.11% vs XFIV's -6.38%.
On 3-year performance, XHLF leads with 4.62% vs 3.51% for XFIV. On fees, XHLF is cheaper at 0.03% per year. 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, XHLF has performed better with a 4.62% return vs 3.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XHLF is cheaper with a 0.03% expense ratio, compared with 0.05% for XFIV.
XHLF has the higher dividend yield at 3.85%, compared with 3.82% for XFIV.
XHLF tracks Bloomberg US Treasury 6 Month Duration Index, while XFIV tracks Bloomberg US Treasury 5 Year Target Duration Index. Their fees differ too: 0.03% for XHLF and 0.05% for XFIV.
XHLF currently has the higher Sharpe Ratio (12.43 vs 1.01), 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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