XTRE vs. TRSY

Last updated Jun 5, 2026

XTRE (BondBloxx Bloomberg Three Year Target Duration US Treasury ETF) and TRSY (Xtrackers US 0-1 Year Treasury ETF) are both Government Bonds funds - XTRE tracks the Bloomberg US Treasury 3 Year Target Duration Index while TRSY tracks the ICE U.S. Treasury Short Bond Index. Both are passively managed. Over the past year, XTRE returned 3.02% vs 3.95% for TRSY. At a 0.24 correlation, their price movements are largely independent. XTRE charges 0.05%/yr vs 0.06%/yr for TRSY.

Performance

XTRE vs. TRSY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) and Xtrackers US 0-1 Year Treasury ETF (TRSY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XTRE achieves a 0.02% return, which is significantly lower than TRSY's 1.48% return.

XTRE

• 1D: 0.08%
• 1M: -0.02%
• YTD: 0.02%
• 6M: 0.29%
• 1Y: 3.02%
• 3Y*: 3.90%
• 5Y*: —
• 10Y*: —

TRSY

• 1D: -0.02%
• 1M: 0.30%
• YTD: 1.48%
• 6M: 1.76%
• 1Y: 3.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XTRE vs. TRSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XTRE BondBloxx Bloomberg Three Year Target Duration US Treasury ETF	0.02%	6.05%	-0.11%
TRSY Xtrackers US 0-1 Year Treasury ETF	1.48%	4.22%	1.07%

Correlation

The correlation between XTRE and TRSY 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 (All Time) Calculated using the full available price history since Oct 10, 2024	0.24

Return for Risk

XTRE vs. TRSY — Risk / Return Rank

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

XTRE

XTRE Risk / Return Rank: 41
XTRE Sharpe Ratio Rank: 41
XTRE Sortino Ratio Rank: 45
XTRE Omega Ratio Rank: 41
XTRE Calmar Ratio Rank: 41
XTRE Martin Ratio Rank: 38

TRSY

TRSY Risk / Return Rank: 100
TRSY Sharpe Ratio Rank: 99
TRSY Sortino Ratio Rank: 100
TRSY Omega Ratio Rank: 100
TRSY Calmar Ratio Rank: 100
TRSY Martin Ratio Rank: 100

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.

XTRE vs. TRSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) and Xtrackers US 0-1 Year Treasury ETF (TRSY). 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.

	XTRE	TRSY	Difference
Sharpe ratio: Return per unit of total volatility	1.43	10.40	-8.97
Sortino ratio: Return per unit of downside risk	2.20	28.08	-25.88
Omega ratio: Gain probability vs. loss probability	1.26	6.63	-5.37
Calmar ratio: Return relative to maximum drawdown	1.99	59.87	-57.88
Martin ratio: Return relative to average drawdown	5.78	379.03	-373.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XTRE vs. TRSY - Sharpe Ratio Comparison

The current XTRE Sharpe Ratio is 1.43, which is lower than the TRSY Sharpe Ratio of 10.40. The chart below compares the historical Sharpe Ratios of XTRE and TRSY, 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

	XTRE	TRSY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	10.40	-8.97
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	3.89	-2.79

Drawdowns

XTRE vs. TRSY - Drawdown Comparison

The maximum XTRE drawdown since its inception was -2.89%, which is greater than TRSY's maximum drawdown of -0.82%. Use the drawdown chart below to compare losses from any high point for XTRE and TRSY.

Drawdown Indicators

	XTRE	TRSY	Difference
Max Drawdown Largest peak-to-trough decline	-2.89%	-0.82%	-2.07%
Max Drawdown (1Y) Largest decline over 1 year	-1.53%	-0.07%	-1.46%
Max Drawdown (3Y) Largest decline over 3 years	-2.00%	—	—
Current Drawdown Current decline from peak	-1.05%	-0.02%	-1.03%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.06%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	0.01%	+0.52%

Volatility

XTRE vs. TRSY - Volatility Comparison

BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) has a higher volatility of 0.63% compared to Xtrackers US 0-1 Year Treasury ETF (TRSY) at 0.11%. This indicates that XTRE's price experiences larger fluctuations and is considered to be riskier than TRSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTRE	TRSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.63%	0.11%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	1.50%	0.24%	+1.26%
Volatility (1Y) Calculated over the trailing 1-year period	2.14%	0.38%	+1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.32%	1.07%	+2.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.32%	1.07%	+2.25%

XTRE vs. TRSY - Expense Ratio Comparison

XTRE has a 0.05% expense ratio, which is lower than TRSY's 0.06% 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

XTRE vs. TRSY - Dividend Comparison

XTRE's dividend yield for the trailing twelve months is around 4.00%, more than TRSY's 3.73% yield.

Position	TTM	2025	2024	2023	2022
TRSY Xtrackers US 0-1 Year Treasury ETF	3.73%	4.00%	0.96%	0.00%	0.00%
XTRE BondBloxx Bloomberg Three Year Target Duration US Treasury ETF	4.00%	3.85%	4.19%	3.97%	1.16%

Frequently Asked Questions

Can I hold both XTRE and TRSY in my portfolio?

XTRE and TRSY 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.

Which is riskier, XTRE or TRSY?

XTRE has higher volatility (0.63%) compared to TRSY (0.11%). In terms of maximum drawdown, XTRE dropped -2.89% vs TRSY's -0.82%.

Which ETF is better, XTRE or TRSY?

On 1-year performance, TRSY leads with 3.95% vs 3.02% for XTRE. On fees, XTRE is cheaper at 0.05% per year. On volatility, TRSY has been the lower-risk option at 0.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XTRE or TRSY?

Over the 1-year period, TRSY has performed better with a 3.95% return vs 3.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XTRE or TRSY?

XTRE is cheaper with a 0.05% expense ratio, compared with 0.06% for TRSY.

Which ETF pays a higher dividend yield, XTRE or TRSY?

XTRE has the higher dividend yield at 4.00%, compared with 3.73% for TRSY.

What is the main difference between XTRE and TRSY?

XTRE tracks Bloomberg US Treasury 3 Year Target Duration Index, while TRSY tracks ICE U.S. Treasury Short Bond Index. They also come from different issuers: BondBloxx and Xtrackers. Their fees differ too: 0.05% for XTRE and 0.06% for TRSY.

Which has better risk-adjusted returns?

TRSY currently has the higher Sharpe Ratio (10.40 vs 1.43), 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.