XONE vs. WOBDX

Last updated Jun 23, 2026

XONE (BondBloxx Bloomberg One Year Target Duration US Treasury ETF) and WOBDX (JPMorgan Core Bond Fund) are both funds - XONE is a Government Bonds fund tracking the Bloomberg US Treasury 1 Year Target Duration Index, while WOBDX is a Intermediate Core Bond fund managed by JPMorgan. Over the past 3 years, XONE returned 4.51%/yr vs 4.28%/yr for WOBDX. A 0.64 correlation means they provide meaningful diversification when combined. XONE charges 0.03%/yr vs 0.50%/yr for WOBDX.

Performance

XONE vs. WOBDX - 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 JPMorgan Core Bond Fund (WOBDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XONE achieves a 1.16% return, which is significantly higher than WOBDX's 0.55% return.

XONE

• 1D: -0.03%
• 1M: 0.13%
• YTD: 1.16%
• 6M: 1.27%
• 1Y: 3.62%
• 3Y*: 4.51%
• 5Y*: —
• 10Y*: —

WOBDX

• 1D: 0.19%
• 1M: 0.83%
• YTD: 0.55%
• 6M: 0.60%
• 1Y: 4.62%
• 3Y*: 4.28%
• 5Y*: 0.38%
• 10Y*: 1.90%

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

XONE vs. WOBDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	1.16%	4.41%	4.83%	4.74%	0.57%
WOBDX JPMorgan Core Bond Fund	0.55%	7.38%	1.97%	5.79%	-1.43%

Correlation

The correlation between XONE and WOBDX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (All Time) Calculated using the full available price history since Sep 15, 2022	0.64

The correlation between XONE and WOBDX has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.

Return for Risk

XONE vs. WOBDX — 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

WOBDX

WOBDX Risk / Return Rank: 21
WOBDX Sharpe Ratio Rank: 21
WOBDX Sortino Ratio Rank: 23
WOBDX Omega Ratio Rank: 20
WOBDX Calmar Ratio Rank: 21
WOBDX Martin Ratio Rank: 18

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. WOBDX - 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 JPMorgan Core Bond Fund (WOBDX). 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	WOBDX	Difference
Sharpe ratio: Return per unit of total volatility	6.52	1.25	+5.27
Sortino ratio: Return per unit of downside risk	13.86	1.87	+11.99
Omega ratio: Gain probability vs. loss probability	3.21	1.22	+1.99
Calmar ratio: Return relative to maximum drawdown	22.71	1.59	+21.12
Martin ratio: Return relative to average drawdown	121.24	4.44	+116.80

XONE vs. WOBDX - Sharpe Ratio Comparison

The current XONE Sharpe Ratio is 6.52, which is higher than the WOBDX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of XONE and WOBDX, 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. WOBDX - Drawdown Comparison

The maximum XONE drawdown since its inception was -0.40%, smaller than the maximum WOBDX drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for XONE and WOBDX.

Drawdown Indicators

	XONE	WOBDX	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	-16.65%	+16.25%
Max Drawdown (1Y) Largest decline over 1 year	-0.16%	-2.99%	+2.83%
Max Drawdown (3Y) Largest decline over 3 years	-0.28%	-5.96%	+5.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-16.65%	—
Current Drawdown Current decline from peak	-0.10%	-1.51%	+1.41%
Average Drawdown Average peak-to-trough decline	-0.05%	-1.90%	+1.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	1.06%	-1.03%

Volatility

XONE vs. WOBDX - Volatility Comparison

The current volatility for BondBloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) is 0.18%, while JPMorgan Core Bond Fund (WOBDX) has a volatility of 1.10%. This indicates that XONE experiences smaller price fluctuations and is considered to be less risky than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XONE	WOBDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.18%	1.10%	-0.92%
Volatility (6M) Calculated over the trailing 6-month period	0.37%	2.81%	-2.44%
Volatility (1Y) Calculated over the trailing 1-year period	0.56%	3.80%	-3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.86%	5.70%	-4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.86%	4.71%	-3.85%

XONE vs. WOBDX - Expense Ratio Comparison

XONE has a 0.03% expense ratio, which is lower than WOBDX's 0.50% expense ratio.

Dividends

XONE vs. WOBDX - Dividend Comparison

XONE's dividend yield for the trailing twelve months is around 4.06%, which matches WOBDX's 4.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WOBDX JPMorgan Core Bond Fund	4.06%	3.97%	3.95%	3.51%	2.68%	2.82%	4.00%	3.23%	2.91%	2.88%	2.84%	2.54%
XONE BondBloxx Bloomberg One Year Target Duration US Treasury ETF	4.06%	4.33%	5.21%	4.46%	1.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XONE and WOBDX in my portfolio?

XONE and WOBDX 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 WOBDX?

WOBDX has higher volatility (1.10%) compared to XONE (0.18%). In terms of maximum drawdown, XONE dropped -0.40% vs WOBDX's -16.65%.

Which has better risk-adjusted returns?

XONE currently has the higher Sharpe Ratio (6.52 vs 1.25), 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.