XONE vs. VTG

Last updated Aug 2, 2026

XONE (BondBloxx Bloomberg One Year Target Duration US Treasury ETF) and VTG (Vanguard Total Treasury ETF) are both Government Bonds funds - XONE tracks the Bloomberg US Treasury 1 Year Target Duration Index while VTG tracks the Bloomberg U.S. Treasury Total Return Unhedged USD Index. Both are passively managed. Over the past year, XONE returned 3.44% vs 1.06% for VTG. Their 0.62 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.03% expense ratio.

Performance

XONE vs. VTG - 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 Vanguard Total Treasury ETF (VTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XONE achieves a 1.59% return, which is significantly higher than VTG's -0.78% return.

XONE

• 1D: 0.00%
• 1M: 0.19%
• 6M: 1.33%
• YTD: 1.59%
• 1Y: 3.44%
• 3Y*: 4.52%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.17%

VTG

• 1D: -0.22%
• 1M: -1.11%
• 6M: -0.79%
• YTD: -0.78%
• 1Y: 1.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VTG Vanguard Total Treasury ETF	$2.81M	$3.14M	$2.90M
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	$12.44M	$8.11M	$5.72M

XONE vs. VTG - Yearly Performance Comparison

	2026 (YTD)	2025
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	1.59%	2.28%
VTG Vanguard Total Treasury ETF	-0.78%	3.07%

Correlation

The correlation between XONE and VTG is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.62

The correlation between XONE and VTG has been stable across timeframes, ranging from 0.62 to 0.62 - a consistent structural relationship.

Return for Risk

XONE vs. VTG — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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

VTG

VTG Risk / Return Rank: 23
VTG Sharpe Ratio Rank: 25
VTG Sortino Ratio Rank: 23
VTG Omega Ratio Rank: 22
VTG Calmar Ratio Rank: 23
VTG Martin Ratio Rank: 23

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XONE vs. VTG - 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 Vanguard Total Treasury ETF (VTG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XONE	VTG	Difference
Sharpe ratio: Return per unit of total volatility	6.39	0.57	+5.82
Sortino ratio: Return per unit of downside risk	13.85	0.85	+13.00
Omega ratio: Gain probability vs. loss probability	3.12	1.10	+2.02
Calmar ratio: Return relative to maximum drawdown	23.20	0.68	+22.51
Martin ratio: Return relative to average drawdown	117.89	1.62	+116.26

XONE vs. VTG - Sharpe Ratio Comparison

The current XONE Sharpe Ratio is 6.39, which is higher than the VTG Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of XONE and VTG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XONE vs. VTG - Drawdown Comparison

The maximum XONE drawdown since its inception was -0.40%, smaller than the maximum VTG drawdown of -2.89%. Use the drawdown chart below to compare losses from any high point for XONE and VTG.

Drawdown Indicators

	XONE	VTG	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	-2.89%	+2.49%
Max Drawdown (1Y) Largest decline over 1 year	-0.16%	-2.89%	+2.73%
Max Drawdown (3Y) Largest decline over 3 years	-0.28%	—	—
Current Drawdown Current decline from peak	0.00%	-2.55%	+2.55%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.90%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	1.22%	-1.19%

Volatility

XONE vs. VTG - Volatility Comparison

The current volatility for BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) is 0.19%, while Vanguard Total Treasury ETF (VTG) has a volatility of 0.88%. This indicates that XONE experiences smaller price fluctuations and is considered to be less risky than VTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XONE	VTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.19%	0.88%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	0.41%	2.68%	-2.27%
Volatility (1Y) Calculated over the trailing 1-year period	0.58%	3.49%	-2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.85%	3.51%	-2.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.85%	3.51%	-2.66%

XONE vs. VTG - Expense Ratio Comparison

Both XONE and VTG 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

XONE vs. VTG - Dividend Comparison

XONE's dividend yield for the trailing twelve months is around 4.01%, more than VTG's 3.57% yield.

Position	TTM	2025	2024	2023	2022
VTG Vanguard Total Treasury ETF	3.31%	1.65%	0.00%	0.00%	0.00%
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	3.64%	4.33%	5.21%	4.46%	1.17%

Frequently Asked Questions

Can I hold both XONE and VTG in my portfolio?

XONE and VTG have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XONE or VTG?

VTG has higher volatility (0.88%) compared to XONE (0.19%). In terms of maximum drawdown, XONE dropped -0.40% vs VTG's -2.89%.

Which ETF is better, XONE or VTG?

On 1-year performance, XONE leads with 3.44% vs 1.06% for VTG. Both ETFs have the same 0.03% expense ratio. On volatility, XONE has been the lower-risk option at 0.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XONE or VTG?

Over the 1-year period, XONE has performed better with a 3.44% return vs 1.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XONE or VTG?

XONE and VTG have the same expense ratio: 0.03% per year.

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

XONE has the higher dividend yield at 3.64%, compared with 3.31% for VTG.

What is the main difference between XONE and VTG?

XONE tracks Bloomberg US Treasury 1 Year Target Duration Index, while VTG tracks Bloomberg U.S. Treasury Total Return Unhedged USD Index. They also come from different issuers: BondBloxx and Vanguard.

Which has better risk-adjusted returns?

XONE currently has the higher Sharpe Ratio (6.39 vs 0.57), 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.