XSVN vs. GGOV
XSVN (BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF) and GGOV (iShares Global Government Bond USD Hedged Active ETF) are both exchange-traded funds - XSVN is a Government Bonds fund tracking the Bloomberg US Treasury 7 Year Target Duration Index, while GGOV is a Global Bonds fund managed by iShares. A 0.64 correlation means they provide meaningful diversification when combined. XSVN charges 0.05%/yr vs 0.39%/yr for GGOV.
Performance
XSVN vs. GGOV - Performance Comparison
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Returns By Period
In the year-to-date period, XSVN achieves a -0.57% return, which is significantly lower than GGOV's 2.30% return.
XSVN
- 1D
- -0.24%
- 1M
- -0.07%
- YTD
- -0.57%
- 6M
- -1.04%
- 1Y
- 4.22%
- 3Y*
- 2.75%
- 5Y*
- —
- 10Y*
- —
GGOV
- 1D
- -0.16%
- 1M
- 0.60%
- YTD
- 2.30%
- 6M
- -1.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XSVN vs. GGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | -0.57% | 2.87% |
GGOV iShares Global Government Bond USD Hedged Active ETF | 2.30% | -2.81% |
Correlation
The correlation between XSVN and GGOV is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.64 |
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Return for Risk
XSVN vs. GGOV — Risk / Return Rank
XSVN
GGOV
XSVN vs. GGOV - 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 iShares Global Government Bond USD Hedged Active ETF (GGOV). 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 | GGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.16 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | — | — |
| Martin ratioReturn relative to average drawdown | 3.18 | — | — |
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
| XSVN | GGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | -0.11 | +0.46 |
Drawdowns
XSVN vs. GGOV - Drawdown Comparison
The maximum XSVN drawdown since its inception was -9.45%, which is greater than GGOV's maximum drawdown of -4.69%. Use the drawdown chart below to compare losses from any high point for XSVN and GGOV.
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Drawdown Indicators
| XSVN | GGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.45% | -4.69% | -4.76% |
Max Drawdown (1Y)Largest decline over 1 year | -4.01% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -7.09% | — | — |
Current DrawdownCurrent decline from peak | -2.75% | -1.50% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -2.55% | -1.59% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | — | — |
Volatility
XSVN vs. GGOV - Volatility Comparison
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Volatility by Period
| XSVN | GGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.22% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.65% | 5.38% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.19% | 5.38% | +1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.19% | 5.38% | +1.81% |
XSVN vs. GGOV - Expense Ratio Comparison
XSVN has a 0.05% expense ratio, which is lower than GGOV's 0.39% expense ratio.
Dividends
XSVN vs. GGOV - Dividend Comparison
XSVN's dividend yield for the trailing twelve months is around 4.10%, while GGOV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
GGOV iShares Global Government Bond USD Hedged Active ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 4.10% | 4.06% | 4.17% | 3.49% | 1.04% |
Frequently Asked Questions
XSVN and GGOV have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSVN is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSVN is cheaper with a 0.05% expense ratio, compared with 0.39% for GGOV.
XSVN has the higher dividend yield at 4.10%, compared with 0.00% for GGOV.
XSVN is categorized as Government Bonds, while GGOV is Global Bonds. They also come from different issuers: BondBloxx and iShares. Their fees differ too: 0.05% for XSVN and 0.39% for GGOV.
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