XSVN vs. TLTX

Last updated Aug 4, 2026

XSVN (BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. XSVN is passively managed, while TLTX is actively managed. Over the past year, XSVN returned 0.90% vs -0.57% for TLTX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. XSVN charges 0.05%/yr vs 0.29%/yr for TLTX.

Performance

XSVN vs. TLTX - 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 Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XSVN achieves a -1.18% return, which is significantly higher than TLTX's -3.02% return.

XSVN

• 1D: 0.20%
• 1M: -1.14%
• 6M: -0.81%
• YTD: -1.18%
• 1Y: 0.90%
• 3Y*: 3.12%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.18%

TLTX

• 1D: 0.10%
• 1M: -3.42%
• 6M: -2.60%
• YTD: -3.02%
• 1Y: -0.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 2.69%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TLTX Global X Treasury Bond Enhanced Income ETF	$182.44K	$196.39K	$333.12K
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	$2.74M	$3.08M	$3.27M

XSVN vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	-1.18%	4.37%
TLTX Global X Treasury Bond Enhanced Income ETF	-3.02%	6.02%

Correlation

The correlation between XSVN and TLTX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.60
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.57

The correlation between XSVN and TLTX has been stable across timeframes, ranging from 0.57 to 0.60 - a consistent structural relationship.

Return for Risk

XSVN vs. TLTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XSVN

XSVN Risk / Return Rank: 14
XSVN Sharpe Ratio Rank: 15
XSVN Sortino Ratio Rank: 13
XSVN Omega Ratio Rank: 13
XSVN Calmar Ratio Rank: 14
XSVN Martin Ratio Rank: 14

TLTX

TLTX Risk / Return Rank: 9
TLTX Sharpe Ratio Rank: 10
TLTX Sortino Ratio Rank: 9
TLTX Omega Ratio Rank: 9
TLTX Calmar Ratio Rank: 10
TLTX Martin Ratio Rank: 9

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XSVN vs. TLTX - 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 Global X Treasury Bond Enhanced Income ETF (TLTX). 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.

	XSVN	TLTX	Difference
Sharpe ratio: Return per unit of total volatility	0.20	-0.06	+0.26
Sortino ratio: Return per unit of downside risk	0.32	-0.02	+0.34
Omega ratio: Gain probability vs. loss probability	1.04	1.00	+0.04
Calmar ratio: Return relative to maximum drawdown	0.22	-0.09	+0.31
Martin ratio: Return relative to average drawdown	0.52	-0.19	+0.71

XSVN vs. TLTX - Sharpe Ratio Comparison

The current XSVN Sharpe Ratio is 0.20, which is higher than the TLTX Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of XSVN and TLTX, 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

XSVN vs. TLTX - Drawdown Comparison

The maximum XSVN drawdown since its inception was -9.45%, which is greater than TLTX's maximum drawdown of -6.70%. Use the drawdown chart below to compare losses from any high point for XSVN and TLTX.

Drawdown Indicators

	XSVN	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-9.45%	-6.70%	-2.75%
Max Drawdown (1Y) Largest decline over 1 year	-4.01%	-6.70%	+2.69%
Max Drawdown (3Y) Largest decline over 3 years	-6.61%	—	—
Current Drawdown Current decline from peak	-3.34%	-6.60%	+3.26%
Average Drawdown Average peak-to-trough decline	-2.55%	-2.51%	-0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	3.06%	-1.35%

Volatility

XSVN vs. TLTX - Volatility Comparison

The current volatility for BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) is 1.20%, while Global X Treasury Bond Enhanced Income ETF (TLTX) has a volatility of 2.91%. This indicates that XSVN experiences smaller price fluctuations and is considered to be less risky than TLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSVN	TLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	2.91%	-1.71%
Volatility (6M) Calculated over the trailing 6-month period	3.56%	7.29%	-3.73%
Volatility (1Y) Calculated over the trailing 1-year period	4.43%	9.46%	-5.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.10%	9.42%	-2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.10%	9.42%	-2.32%

XSVN vs. TLTX - Expense Ratio Comparison

XSVN has a 0.05% expense ratio, which is lower than TLTX's 0.29% expense ratio.

Dividends

XSVN vs. TLTX - Dividend Comparison

XSVN's dividend yield for the trailing twelve months is around 4.05%, less than TLTX's 19.28% yield.

Position	TTM	2025	2024	2023	2022
TLTX Global X Treasury Bond Enhanced Income ETF	19.28%	7.54%	0.00%	0.00%	0.00%
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	4.05%	4.06%	4.17%	3.49%	1.04%

Frequently Asked Questions

Can I hold both XSVN and TLTX in my portfolio?

XSVN and TLTX have a correlation of 0.60, 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 TLTX?

TLTX has higher volatility (2.91%) compared to XSVN (1.20%). In terms of maximum drawdown, XSVN dropped -9.45% vs TLTX's -6.70%.

Which ETF is better, XSVN or TLTX?

On 1-year performance, XSVN leads with 0.90% vs -0.57% for TLTX. On fees, XSVN is cheaper at 0.05% per year. On volatility, XSVN has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XSVN or TLTX?

Over the 1-year period, XSVN has performed better with a 0.90% return vs -0.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XSVN or TLTX?

XSVN is cheaper with a 0.05% expense ratio, compared with 0.29% for TLTX.

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

TLTX has the higher dividend yield at 19.28%, compared with 4.05% for XSVN.

What is the main difference between XSVN and TLTX?

They also come from different issuers: BondBloxx and Global X. Their fees differ too: 0.05% for XSVN and 0.29% for TLTX.

Which has better risk-adjusted returns?

XSVN currently has the higher Sharpe Ratio (0.20 vs -0.06), 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.