XSVN vs. SHV
XSVN (BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF) and SHV (iShares 0-1 Year Treasury Bond ETF) are both Government Bonds funds - XSVN tracks the Bloomberg US Treasury 7 Year Target Duration Index while SHV tracks the ICE Short US Treasury Securities Index. Both are passively managed. Over the past 3 years, XSVN returned 2.75%/yr vs 4.64%/yr for SHV. At a 0.30 correlation, their price movements are largely independent. XSVN charges 0.05%/yr vs 0.15%/yr for SHV.
Performance
XSVN vs. SHV - 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 SHV's 1.42% return.
XSVN
- 1D
- -0.24%
- 1M
- -0.07%
- YTD
- -0.57%
- 6M
- -1.04%
- 1Y
- 4.22%
- 3Y*
- 2.75%
- 5Y*
- —
- 10Y*
- —
SHV
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.42%
- 6M
- 1.75%
- 1Y
- 3.90%
- 3Y*
- 4.64%
- 5Y*
- 3.31%
- 10Y*
- 2.23%
XSVN vs. SHV - 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% | -1.71% |
SHV iShares 0-1 Year Treasury Bond ETF | 1.42% | 4.21% | 5.12% | 5.04% | 0.95% |
Correlation
The correlation between XSVN and SHV is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2022 | 0.30 |
The correlation between XSVN and SHV shifts across timeframes, from 0.18 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XSVN vs. SHV — Risk / Return Rank
XSVN
SHV
XSVN vs. SHV - 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 0-1 Year Treasury Bond ETF (SHV). 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 | SHV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.58 | ||
| Sortino ratioReturn per unit of downside risk | -148.16 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 53.77 | -52.61 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 431.38 | -430.33 |
| Martin ratioReturn relative to average drawdown | 3.18 | 2,419.80 | -2,416.62 |
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 | SHV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 19.49 | -18.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 11.56 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 8.09 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 4.50 | -4.15 |
Drawdowns
XSVN vs. SHV - Drawdown Comparison
The maximum XSVN drawdown since its inception was -9.45%, which is greater than SHV's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for XSVN and SHV.
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Drawdown Indicators
| XSVN | SHV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.45% | -0.45% | -9.00% |
Max Drawdown (1Y)Largest decline over 1 year | -4.01% | -0.01% | -4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -7.09% | -0.03% | -7.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.45% | — |
Current DrawdownCurrent decline from peak | -2.75% | 0.00% | -2.75% |
Average DrawdownAverage peak-to-trough decline | -2.55% | -0.03% | -2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 0.00% | +1.33% |
Volatility
XSVN vs. SHV - Volatility Comparison
BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) has a higher volatility of 1.54% compared to iShares 0-1 Year Treasury Bond ETF (SHV) at 0.05%. This indicates that XSVN's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XSVN | SHV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 0.05% | +1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 3.22% | 0.12% | +3.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.65% | 0.20% | +4.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.19% | 0.29% | +6.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.19% | 0.28% | +6.91% |
XSVN vs. SHV - Expense Ratio Comparison
XSVN has a 0.05% expense ratio, which is lower than SHV's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XSVN vs. SHV - Dividend Comparison
XSVN's dividend yield for the trailing twelve months is around 4.10%, more than SHV's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHV iShares 0-1 Year Treasury Bond ETF | 3.83% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF | 4.10% | 4.06% | 4.17% | 3.49% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XSVN and SHV have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XSVN has higher volatility (1.54%) compared to SHV (0.05%). In terms of maximum drawdown, XSVN dropped -9.45% vs SHV's -0.45%.
On 3-year performance, SHV leads with 4.64% vs 2.75% for XSVN. On fees, XSVN is cheaper at 0.05% per year. On volatility, SHV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SHV has performed better with a 4.64% return vs 2.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XSVN is cheaper with a 0.05% expense ratio, compared with 0.15% for SHV.
XSVN has the higher dividend yield at 4.10%, compared with 3.83% for SHV.
XSVN tracks Bloomberg US Treasury 7 Year Target Duration Index, while SHV tracks ICE Short US Treasury Securities Index. They also come from different issuers: BondBloxx and iShares. Their fees differ too: 0.05% for XSVN and 0.15% for SHV.
SHV currently has the higher Sharpe Ratio (19.49 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.
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