XONE vs. TLT
Compare and contrast key facts about Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) and iShares 20+ Year Treasury Bond ETF (TLT).
XONE and TLT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XONE is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg US Treasury 1 Year Duration Index - Benchmark TR Gross. It was launched on Sep 13, 2022. TLT is a passively managed fund by iShares that tracks the performance of the ICE U.S. Treasury 20+ Year Bond Index. It was launched on Jul 22, 2002. Both XONE and TLT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XONE vs. TLT - Performance Comparison
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XONE vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XONE Bondbloxx Bloomberg One Year Target Duration US Treasury ETF | 0.59% | 4.41% | 4.83% | 4.74% | 0.60% |
TLT iShares 20+ Year Treasury Bond ETF | 0.17% | 4.25% | -8.05% | 2.77% | -6.90% |
Returns By Period
In the year-to-date period, XONE achieves a 0.59% return, which is significantly higher than TLT's 0.17% return.
XONE
- 1D
- 0.03%
- 1M
- 0.04%
- YTD
- 0.59%
- 6M
- 1.68%
- 1Y
- 3.87%
- 3Y*
- 4.43%
- 5Y*
- —
- 10Y*
- —
TLT
- 1D
- -0.10%
- 1M
- -4.23%
- YTD
- 0.17%
- 6M
- -0.87%
- 1Y
- -0.49%
- 3Y*
- -2.78%
- 5Y*
- -5.85%
- 10Y*
- -1.38%
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XONE vs. TLT - Expense Ratio Comparison
XONE has a 0.03% expense ratio, which is lower than TLT's 0.15% 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%.
Return for Risk
XONE vs. TLT — Risk / Return Rank
XONE
TLT
XONE vs. TLT - 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 20+ Year Treasury Bond ETF (TLT). 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 | TLT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 6.42 | -0.04 | +6.46 |
Sortino ratioReturn per unit of downside risk | 13.79 | 0.02 | +13.78 |
Omega ratioGain probability vs. loss probability | 3.08 | 1.00 | +2.08 |
Calmar ratioReturn relative to maximum drawdown | 19.78 | 0.05 | +19.72 |
Martin ratioReturn relative to average drawdown | 88.34 | 0.11 | +88.23 |
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
| XONE | TLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.42 | -0.04 | +6.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.37 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 4.95 | 0.26 | +4.69 |
Correlation
The correlation between XONE and TLT is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
XONE vs. TLT - Dividend Comparison
XONE's dividend yield for the trailing twelve months is around 4.20%, less than TLT's 4.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XONE Bondbloxx Bloomberg One Year Target Duration US Treasury ETF | 4.20% | 4.33% | 5.21% | 4.46% | 1.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TLT iShares 20+ Year Treasury Bond ETF | 4.49% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Drawdowns
XONE vs. TLT - Drawdown Comparison
The maximum XONE drawdown since its inception was -0.40%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for XONE and TLT.
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Drawdown Indicators
| XONE | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.40% | -48.35% | +47.95% |
Max Drawdown (1Y)Largest decline over 1 year | -0.20% | -9.23% | +9.03% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.70% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.35% | — |
Current DrawdownCurrent decline from peak | 0.00% | -40.17% | +40.17% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -13.62% | +13.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.04% | 4.38% | -4.34% |
Volatility
XONE vs. TLT - Volatility Comparison
The current volatility for Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) is 0.21%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 3.71%. This indicates that XONE experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XONE | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.21% | 3.71% | -3.50% |
Volatility (6M)Calculated over the trailing 6-month period | 0.34% | 6.61% | -6.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.61% | 11.44% | -10.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.87% | 15.90% | -15.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.87% | 14.93% | -14.06% |