XONE vs. IBTE

Last updated Jun 5, 2026

XONE (BondBloxx Bloomberg One Year Target Duration US Treasury ETF) and IBTE (iShares iBonds Dec 2024 Term Treasury ETF) are both Government Bonds funds - XONE tracks the Bloomberg US Treasury 1 Year Target Duration Index while IBTE tracks the ICE 2024 Maturity US Treasury Index. Both are passively managed. XONE charges 0.03%/yr vs 0.07%/yr for IBTE.

Performance

XONE vs. IBTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XONE

• 1D: 0.04%
• 1M: 0.23%
• YTD: 1.16%
• 6M: 1.52%
• 1Y: 3.81%
• 3Y*: 4.55%
• 5Y*: —
• 10Y*: —

IBTE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XONE vs. IBTE - Yearly Performance Comparison

	2026 (YTD)
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	0.80%
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%

Return for Risk

XONE vs. IBTE — Risk / Return Rank

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

XONE

XONE Risk / Return Rank: 99
XONE Sharpe Ratio Rank: 99
XONE Sortino Ratio Rank: 99
XONE Omega Ratio Rank: 99
XONE Calmar Ratio Rank: 99
XONE Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XONE vs. IBTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). 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.

	XONE	IBTE	Difference
Sharpe ratio: Return per unit of total volatility	7.03	—	—
Sortino ratio: Return per unit of downside risk	16.77	—	—
Omega ratio: Gain probability vs. loss probability	3.55	—	—
Calmar ratio: Return relative to maximum drawdown	23.89	—	—
Martin ratio: Return relative to average drawdown	138.39	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XONE	IBTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.97	—	—

Drawdowns

XONE vs. IBTE - Drawdown Comparison

The maximum XONE drawdown since its inception was -0.40%, which is greater than IBTE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XONE and IBTE.

Drawdown Indicators

	XONE	IBTE	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	0.00%	-0.40%
Max Drawdown (1Y) Largest decline over 1 year	-0.16%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.28%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.04%	0.00%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	—	—

Volatility

Volatility by Period

	XONE	IBTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.55%	0.00%	+0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.86%	0.00%	+0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.86%	0.00%	+0.86%

XONE vs. IBTE - Expense Ratio Comparison

XONE has a 0.03% expense ratio, which is lower than IBTE's 0.07% 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

XONE vs. IBTE - Dividend Comparison

XONE's dividend yield for the trailing twelve months is around 4.06%, while IBTE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%	0.00%	0.00%	0.00%	0.00%
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	4.06%	4.33%	5.21%	4.46%	1.17%

Frequently Asked Questions

Which ETF is better, XONE or IBTE?

On fees, XONE is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XONE or IBTE?

XONE is cheaper with a 0.03% expense ratio, compared with 0.07% for IBTE.

Which ETF pays a higher dividend yield, XONE or IBTE?

XONE has the higher dividend yield at 4.06%, compared with 0.00% for IBTE.

What is the main difference between XONE and IBTE?

XONE tracks Bloomberg US Treasury 1 Year Target Duration Index, while IBTE tracks ICE 2024 Maturity US Treasury Index. They also come from different issuers: BondBloxx and iShares. Their fees differ too: 0.03% for XONE and 0.07% for IBTE.