XONE vs. XHLF
Compare and contrast key facts about Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF).
XONE and XHLF 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. XHLF is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg US Treasury 6 Month Duration Index. It was launched on Sep 13, 2022. Both XONE and XHLF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XONE or XHLF.
Key characteristics
| XONE | XHLF | |
|---|---|---|
| YTD Return | 4.10% | 4.37% |
| 1Y Return | 5.39% | 5.33% |
| Sharpe Ratio | 6.63 | 12.03 |
| Sortino Ratio | 13.18 | 34.39 |
| Omega Ratio | 3.27 | 7.62 |
| Calmar Ratio | 18.87 | 89.91 |
| Martin Ratio | 78.88 | 445.64 |
| Ulcer Index | 0.07% | 0.01% |
| Daily Std Dev | 0.81% | 0.45% |
| Max Drawdown | -0.40% | -0.11% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between XONE and XHLF is 0.58, 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.
Performance
XONE vs. XHLF - Performance Comparison
In the year-to-date period, XONE achieves a 4.10% return, which is significantly lower than XHLF's 4.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XONE vs. XHLF - Expense Ratio Comparison
Both XONE and XHLF 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%.
Risk-Adjusted Performance
XONE vs. XHLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) 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.
Dividends
XONE vs. XHLF - Dividend Comparison
XONE's dividend yield for the trailing twelve months is around 5.34%, more than XHLF's 5.09% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
XONE Bondbloxx Bloomberg One Year Target Duration US Treasury ETF | 5.34% | 4.46% | 1.17% |
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 5.09% | 4.51% | 0.86% |
Drawdowns
XONE vs. XHLF - Drawdown Comparison
The maximum XONE drawdown since its inception was -0.40%, which is greater than XHLF's maximum drawdown of -0.11%. Use the drawdown chart below to compare losses from any high point for XONE and XHLF. For additional features, visit the drawdowns tool.
Volatility
XONE vs. XHLF - Volatility Comparison
Bondbloxx Bloomberg One Year Target Duration US Treasury ETF (XONE) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) have volatilities of 0.12% and 0.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.