XHYH vs. XHLF
XHYH (BondBloxx US High Yield Healthcare Sector ETF) and XHLF (BondBloxx Bloomberg Six Month Target Duration US Treasury ETF) are both exchange-traded funds - XHYH is a High Yield Bonds fund tracking the ICE Diversified US Cash Pay High Yield Healthcare Index, while XHLF is a Government Bonds fund tracking the Bloomberg US Treasury 6 Month Duration Index. Both are passively managed. Over the past 3 years, XHYH returned 9.88%/yr vs 4.61%/yr for XHLF. At a 0.06 correlation, their price movements are largely independent. XHYH charges 0.35%/yr vs 0.03%/yr for XHLF.
Performance
XHYH vs. XHLF - Performance Comparison
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Returns By Period
In the year-to-date period, XHYH achieves a 1.24% return, which is significantly lower than XHLF's 1.39% return.
XHYH
- 1D
- 0.00%
- 1M
- -0.35%
- YTD
- 1.24%
- 6M
- 1.15%
- 1Y
- 7.28%
- 3Y*
- 9.88%
- 5Y*
- —
- 10Y*
- —
XHLF
- 1D
- 0.00%
- 1M
- 0.25%
- YTD
- 1.39%
- 6M
- 1.69%
- 1Y
- 3.92%
- 3Y*
- 4.61%
- 5Y*
- —
- 10Y*
- —
XHYH vs. XHLF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XHYH BondBloxx US High Yield Healthcare Sector ETF | 1.24% | 10.30% | 9.65% | 12.93% | 1.02% |
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1.39% | 4.21% | 5.04% | 4.90% | 0.96% |
Correlation
The correlation between XHYH and XHLF is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022 | 0.06 |
The correlation between XHYH and XHLF shifts across timeframes, from -0.04 (1 year) to 0.08 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
XHYH vs. XHLF — Risk / Return Rank
XHYH
XHLF
XHYH vs. XHLF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Healthcare Sector ETF (XHYH) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF). 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.
| XHYH | XHLF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.55 | ||
| Sortino ratioReturn per unit of downside risk | -42.79 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 11.75 | -10.38 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 98.81 | -95.72 |
| Martin ratioReturn relative to average drawdown | 12.30 | 670.31 | -658.00 |
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
| XHYH | XHLF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.88 | 12.43 | -10.55 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 10.74 | -10.21 |
Drawdowns
XHYH vs. XHLF - Drawdown Comparison
The maximum XHYH drawdown since its inception was -17.84%, which is greater than XHLF's maximum drawdown of -0.11%. Use the drawdown chart below to compare losses from any high point for XHYH and XHLF.
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Drawdown Indicators
| XHYH | XHLF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.84% | -0.11% | -17.73% |
Max Drawdown (1Y)Largest decline over 1 year | -2.62% | -0.04% | -2.58% |
Max Drawdown (3Y)Largest decline over 3 years | -5.09% | -0.06% | -5.03% |
Current DrawdownCurrent decline from peak | -0.51% | 0.00% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -0.00% | -4.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 0.01% | +0.65% |
Volatility
XHYH vs. XHLF - Volatility Comparison
BondBloxx US High Yield Healthcare Sector ETF (XHYH) has a higher volatility of 0.87% compared to BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) at 0.08%. This indicates that XHYH's price experiences larger fluctuations and is considered to be riskier than XHLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHYH | XHLF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 0.08% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 3.15% | 0.22% | +2.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.32% | 0.32% | +4.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.55% | 0.42% | +8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.55% | 0.42% | +8.13% |
XHYH vs. XHLF - Expense Ratio Comparison
XHYH has a 0.35% expense ratio, which is higher than XHLF's 0.03% expense ratio.
Dividends
XHYH vs. XHLF - Dividend Comparison
XHYH's dividend yield for the trailing twelve months is around 6.58%, more than XHLF's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 3.85% | 3.98% | 4.96% | 4.50% | 0.86% |
XHYH BondBloxx US High Yield Healthcare Sector ETF | 6.58% | 6.95% | 6.95% | 7.73% | 6.99% |
Frequently Asked Questions
XHYH and XHLF have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XHYH has higher volatility (0.87%) compared to XHLF (0.08%). In terms of maximum drawdown, XHYH dropped -17.84% vs XHLF's -0.11%.
On 3-year performance, XHYH leads with 9.88% vs 4.61% for XHLF. 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, XHYH has performed better with a 9.88% return vs 4.61%. 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 0.35% for XHYH.
XHYH has the higher dividend yield at 6.58%, compared with 3.85% for XHLF.
XHYH is categorized as High Yield Bonds, while XHLF is Government Bonds. XHYH tracks ICE Diversified US Cash Pay High Yield Healthcare Index, while XHLF tracks Bloomberg US Treasury 6 Month Duration Index. Their fees differ too: 0.35% for XHYH and 0.03% for XHLF.
XHLF currently has the higher Sharpe Ratio (12.43 vs 1.88), 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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