XSVN vs. BUCK

Last updated Jun 4, 2026

XSVN (BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF) and BUCK (Simplify Treasury Option Income ETF) are both Government Bonds funds. XSVN is passively managed, while BUCK is actively managed. Over the past 3 years, XSVN returned 2.75%/yr vs 5.27%/yr for BUCK. At a 0.13 correlation, their price movements are largely independent. XSVN charges 0.05%/yr vs 0.35%/yr for BUCK.

Performance

XSVN vs. BUCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) and Simplify Treasury Option Income ETF (BUCK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XSVN achieves a -0.57% return, which is significantly lower than BUCK's 1.90% return.

XSVN

• 1D: -0.24%
• 1M: -0.07%
• YTD: -0.57%
• 6M: -1.04%
• 1Y: 4.22%
• 3Y*: 2.75%
• 5Y*: —
• 10Y*: —

BUCK

• 1D: 0.02%
• 1M: 0.38%
• YTD: 1.90%
• 6M: 2.09%
• 1Y: 7.95%
• 3Y*: 5.27%
• 5Y*: —
• 10Y*: —

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

XSVN vs. BUCK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	-0.57%	8.18%	-0.35%	3.91%	1.57%
BUCK Simplify Treasury Option Income ETF	1.90%	4.13%	7.25%	4.63%	0.39%

Correlation

The correlation between XSVN and BUCK is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.24
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (All Time) Calculated using the full available price history since Oct 31, 2022	0.13

The correlation between XSVN and BUCK shifts across timeframes, from 0.13 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

XSVN vs. BUCK — Risk / Return Rank

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

XSVN

XSVN Risk / Return Rank: 25
XSVN Sharpe Ratio Rank: 26
XSVN Sortino Ratio Rank: 25
XSVN Omega Ratio Rank: 24
XSVN Calmar Ratio Rank: 23
XSVN Martin Ratio Rank: 24

BUCK

BUCK Risk / Return Rank: 87
BUCK Sharpe Ratio Rank: 77
BUCK Sortino Ratio Rank: 84
BUCK Omega Ratio Rank: 86
BUCK Calmar Ratio Rank: 92
BUCK Martin Ratio Rank: 95

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.

XSVN vs. BUCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) and Simplify Treasury Option Income ETF (BUCK). 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.

	XSVN	BUCK	Difference
Sharpe ratio: Return per unit of total volatility	0.91	2.54	-1.63
Sortino ratio: Return per unit of downside risk	1.38	3.83	-2.45
Omega ratio: Gain probability vs. loss probability	1.16	1.54	-0.39
Calmar ratio: Return relative to maximum drawdown	1.06	6.11	-5.05
Martin ratio: Return relative to average drawdown	3.18	32.31	-29.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XSVN vs. BUCK - Sharpe Ratio Comparison

The current XSVN Sharpe Ratio is 0.91, which is lower than the BUCK Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of XSVN and BUCK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XSVN	BUCK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	2.54	-1.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	1.47	-1.12

Drawdowns

XSVN vs. BUCK - Drawdown Comparison

The maximum XSVN drawdown since its inception was -9.45%, which is greater than BUCK's maximum drawdown of -5.43%. Use the drawdown chart below to compare losses from any high point for XSVN and BUCK.

Drawdown Indicators

	XSVN	BUCK	Difference
Max Drawdown Largest peak-to-trough decline	-9.45%	-5.43%	-4.02%
Max Drawdown (1Y) Largest decline over 1 year	-4.01%	-1.31%	-2.70%
Max Drawdown (3Y) Largest decline over 3 years	-7.09%	-5.43%	-1.66%
Current Drawdown Current decline from peak	-2.75%	-0.04%	-2.71%
Average Drawdown Average peak-to-trough decline	-2.55%	-0.49%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	0.25%	+1.08%

Volatility

XSVN vs. BUCK - Volatility Comparison

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) has a higher volatility of 1.54% compared to Simplify Treasury Option Income ETF (BUCK) at 0.70%. This indicates that XSVN's price experiences larger fluctuations and is considered to be riskier than BUCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSVN	BUCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	0.70%	+0.84%
Volatility (6M) Calculated over the trailing 6-month period	3.22%	1.53%	+1.69%
Volatility (1Y) Calculated over the trailing 1-year period	4.65%	3.14%	+1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.19%	3.49%	+3.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.19%	3.49%	+3.70%

XSVN vs. BUCK - Expense Ratio Comparison

XSVN has a 0.05% expense ratio, which is lower than BUCK's 0.35% expense ratio.

Dividends

XSVN vs. BUCK - Dividend Comparison

XSVN's dividend yield for the trailing twelve months is around 4.10%, less than BUCK's 7.42% yield.

Position	TTM	2025	2024	2023	2022
BUCK Simplify Treasury Option Income ETF	7.42%	7.59%	8.84%	4.84%	0.59%
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	4.10%	4.06%	4.17%	3.49%	1.04%

Frequently Asked Questions

Can I hold both XSVN and BUCK in my portfolio?

XSVN and BUCK have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XSVN or BUCK?

XSVN has higher volatility (1.54%) compared to BUCK (0.70%). In terms of maximum drawdown, XSVN dropped -9.45% vs BUCK's -5.43%.

Which ETF is better, XSVN or BUCK?

On 3-year performance, BUCK leads with 5.27% vs 2.75% for XSVN. On fees, XSVN is cheaper at 0.05% per year. On volatility, BUCK has been the lower-risk option at 0.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XSVN or BUCK?

Over the 3-year period, BUCK has performed better with a 5.27% return vs 2.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XSVN or BUCK?

XSVN is cheaper with a 0.05% expense ratio, compared with 0.35% for BUCK.

Which ETF pays a higher dividend yield, XSVN or BUCK?

BUCK has the higher dividend yield at 7.42%, compared with 4.10% for XSVN.

What is the main difference between XSVN and BUCK?

They also come from different issuers: BondBloxx and Simplify. Their fees differ too: 0.05% for XSVN and 0.35% for BUCK.

Which has better risk-adjusted returns?

BUCK currently has the higher Sharpe Ratio (2.54 vs 0.91), 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.