XSVN vs. VETZ

Last updated Jun 4, 2026

XSVN (BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF) and VETZ (Academy Veteran Bond ETF) are both exchange-traded funds - XSVN is a Government Bonds fund tracking the Bloomberg US Treasury 7 Year Target Duration Index, while VETZ is a Mortgage Backed Securities fund actively managed by Academy. XSVN is passively managed, while VETZ is actively managed. Over the past year, XSVN returned 4.22% vs 6.86% for VETZ. A 0.78 correlation means they provide meaningful diversification when combined. XSVN charges 0.05%/yr vs 0.35%/yr for VETZ.

Performance

XSVN vs. VETZ - 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 Academy Veteran Bond ETF (VETZ). 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 VETZ's 0.42% return.

XSVN

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

VETZ

• 1D: -0.20%
• 1M: -0.25%
• YTD: 0.42%
• 6M: 0.83%
• 1Y: 6.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XSVN vs. VETZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
XSVN BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF	-0.57%	8.18%	-0.35%	3.30%
VETZ Academy Veteran Bond ETF	0.42%	8.02%	2.22%	3.97%

Correlation

The correlation between XSVN and VETZ is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (All Time) Calculated using the full available price history since Aug 3, 2023	0.78

The correlation between XSVN and VETZ has been stable across timeframes, ranging from 0.74 to 0.78 - a consistent structural relationship.

Return for Risk

XSVN vs. VETZ — 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

VETZ

VETZ Risk / Return Rank: 46
VETZ Sharpe Ratio Rank: 42
VETZ Sortino Ratio Rank: 43
VETZ Omega Ratio Rank: 40
VETZ Calmar Ratio Rank: 51
VETZ Martin Ratio Rank: 52

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. VETZ - 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 Academy Veteran Bond ETF (VETZ). 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	VETZ	Difference
Sharpe ratio: Return per unit of total volatility	0.91	1.44	-0.52
Sortino ratio: Return per unit of downside risk	1.38	2.16	-0.78
Omega ratio: Gain probability vs. loss probability	1.16	1.25	-0.10
Calmar ratio: Return relative to maximum drawdown	1.06	2.52	-1.46
Martin ratio: Return relative to average drawdown	3.18	8.75	-5.57
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. VETZ - Sharpe Ratio Comparison

The current XSVN Sharpe Ratio is 0.91, which is lower than the VETZ Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of XSVN and VETZ, 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	VETZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	1.44	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.84	-0.50

Drawdowns

XSVN vs. VETZ - Drawdown Comparison

The maximum XSVN drawdown since its inception was -9.45%, which is greater than VETZ's maximum drawdown of -5.16%. Use the drawdown chart below to compare losses from any high point for XSVN and VETZ.

Drawdown Indicators

	XSVN	VETZ	Difference
Max Drawdown Largest peak-to-trough decline	-9.45%	-5.16%	-4.29%
Max Drawdown (1Y) Largest decline over 1 year	-4.01%	-2.73%	-1.28%
Max Drawdown (3Y) Largest decline over 3 years	-7.09%	—	—
Current Drawdown Current decline from peak	-2.75%	-1.59%	-1.16%
Average Drawdown Average peak-to-trough decline	-2.55%	-1.30%	-1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.33%	0.79%	+0.54%

Volatility

XSVN vs. VETZ - Volatility Comparison

BondBloxx Bloomberg Seven Year Target Duration US Treasury ETF (XSVN) has a higher volatility of 1.54% compared to Academy Veteran Bond ETF (VETZ) at 1.36%. This indicates that XSVN's price experiences larger fluctuations and is considered to be riskier than VETZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XSVN	VETZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	1.36%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	3.22%	3.27%	-0.05%
Volatility (1Y) Calculated over the trailing 1-year period	4.65%	4.80%	-0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.19%	6.15%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.19%	6.15%	+1.04%

XSVN vs. VETZ - Expense Ratio Comparison

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

Dividends

XSVN vs. VETZ - Dividend Comparison

XSVN's dividend yield for the trailing twelve months is around 4.10%, less than VETZ's 6.18% yield.

Position	TTM	2025	2024	2023	2022
VETZ Academy Veteran Bond ETF	6.18%	6.14%	5.89%	1.88%	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

Can I hold both XSVN and VETZ in my portfolio?

XSVN and VETZ have a correlation of 0.74, 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 VETZ?

XSVN has higher volatility (1.54%) compared to VETZ (1.36%). In terms of maximum drawdown, XSVN dropped -9.45% vs VETZ's -5.16%.

Which ETF is better, XSVN or VETZ?

On 1-year performance, VETZ leads with 6.86% vs 4.22% for XSVN. On fees, XSVN is cheaper at 0.05% per year. On volatility, VETZ has been the lower-risk option at 1.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XSVN or VETZ?

Over the 1-year period, VETZ has performed better with a 6.86% return vs 4.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XSVN or VETZ?

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

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

VETZ has the higher dividend yield at 6.18%, compared with 4.10% for XSVN.

What is the main difference between XSVN and VETZ?

XSVN is categorized as Government Bonds, while VETZ is Mortgage Backed Securities. They also come from different issuers: BondBloxx and Academy. Their fees differ too: 0.05% for XSVN and 0.35% for VETZ.

Which has better risk-adjusted returns?

VETZ currently has the higher Sharpe Ratio (1.44 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.