XTRE vs. VTG

Last updated Jul 16, 2026

XTRE (BondBloxx Bloomberg Three Year Target Duration US Treasury ETF) and VTG (Vanguard Total Treasury ETF) are both Government Bonds funds - XTRE tracks the Bloomberg US Treasury 3 Year Target Duration Index while VTG tracks the Bloomberg U.S. Treasury Total Return Unhedged USD Index. Both are passively managed. Over the past year, XTRE returned 3.11% vs 3.53% for VTG. Their correlation of 0.90 suggests significant overlap in exposure. XTRE charges 0.05%/yr vs 0.03%/yr for VTG.

Performance

XTRE vs. VTG - 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 Vanguard Total Treasury ETF (VTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XTRE achieves a 0.24% return, which is significantly higher than VTG's -0.06% return.

XTRE

• 1D: 0.13%
• 1M: 0.11%
• 6M: 0.15%
• YTD: 0.24%
• 1Y: 3.11%
• 3Y*: 4.08%
• 5Y*: —
• 10Y*: —

VTG

• 1D: 0.20%
• 1M: -0.23%
• 6M: -0.38%
• YTD: -0.06%
• 1Y: 3.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XTRE vs. VTG - Yearly Performance Comparison

	2026 (YTD)	2025
XTRE BondBloxx Bloomberg Three Year Target Duration US Treasury ETF	0.24%	2.78%
VTG Vanguard Total Treasury ETF	-0.06%	3.07%

Correlation

The correlation between XTRE and VTG is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jul 9, 2025	0.90

The correlation between XTRE and VTG has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

Return for Risk

XTRE vs. VTG — Risk / Return Rank

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

XTRE

XTRE Risk / Return Rank: 49
XTRE Sharpe Ratio Rank: 51
XTRE Sortino Ratio Rank: 57
XTRE Omega Ratio Rank: 50
XTRE Calmar Ratio Rank: 49
XTRE Martin Ratio Rank: 39

VTG

VTG Risk / Return Rank: 31
VTG Sharpe Ratio Rank: 33
VTG Sortino Ratio Rank: 34
VTG Omega Ratio Rank: 31
VTG Calmar Ratio Rank: 30
VTG Martin Ratio Rank: 29

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. VTG - 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 Vanguard Total Treasury ETF (VTG). 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.

	XTRE	VTG	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.01	+0.44
Sortino ratio: Return per unit of downside risk	2.22	1.51	+0.71
Omega ratio: Gain probability vs. loss probability	1.26	1.18	+0.09
Calmar ratio: Return relative to maximum drawdown	2.05	1.23	+0.82
Martin ratio: Return relative to average drawdown	5.07	3.17	+1.90

XTRE vs. VTG - Sharpe Ratio Comparison

The current XTRE Sharpe Ratio is 1.45, which is higher than the VTG Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of XTRE and VTG, 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

XTRE vs. VTG - Drawdown Comparison

The maximum XTRE drawdown since its inception was -2.89%, roughly equal to the maximum VTG drawdown of -2.89%. Use the drawdown chart below to compare losses from any high point for XTRE and VTG.

Drawdown Indicators

	XTRE	VTG	Difference
Max Drawdown Largest peak-to-trough decline	-2.89%	-2.89%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-1.53%	-2.89%	+1.36%
Max Drawdown (3Y) Largest decline over 3 years	-2.00%	—	—
Current Drawdown Current decline from peak	-0.84%	-1.84%	+1.00%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.84%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.62%	1.11%	-0.49%

Volatility

XTRE vs. VTG - Volatility Comparison

The current volatility for BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) is 0.74%, while Vanguard Total Treasury ETF (VTG) has a volatility of 1.06%. This indicates that XTRE experiences smaller price fluctuations and is considered to be less risky than VTG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTRE	VTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	1.06%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	1.65%	2.66%	-1.01%
Volatility (1Y) Calculated over the trailing 1-year period	2.17%	3.53%	-1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.30%	3.53%	-0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.30%	3.53%	-0.23%

XTRE vs. VTG - Expense Ratio Comparison

XTRE has a 0.05% expense ratio, which is higher than VTG's 0.03% expense ratio. However, 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. VTG - Dividend Comparison

XTRE's dividend yield for the trailing twelve months is around 4.00%, more than VTG's 3.54% yield.

Position	TTM	2025	2024	2023	2022
VTG Vanguard Total Treasury ETF	3.54%	1.65%	0.00%	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 VTG in my portfolio?

XTRE and VTG have a correlation of 0.90, 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 VTG?

VTG has higher volatility (1.06%) compared to XTRE (0.74%). In terms of maximum drawdown, XTRE dropped -2.89% vs VTG's -2.89%.

Which ETF is better, XTRE or VTG?

On 1-year performance, VTG leads with 3.53% vs 3.11% for XTRE. On fees, VTG is cheaper at 0.03% per year. On volatility, XTRE has been the lower-risk option at 0.74%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XTRE or VTG?

Over the 1-year period, VTG has performed better with a 3.53% return vs 3.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XTRE or VTG?

VTG is cheaper with a 0.03% expense ratio, compared with 0.05% for XTRE.

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

XTRE has the higher dividend yield at 4.00%, compared with 3.54% for VTG.

What is the main difference between XTRE and VTG?

XTRE tracks Bloomberg US Treasury 3 Year Target Duration Index, while VTG tracks Bloomberg U.S. Treasury Total Return Unhedged USD Index. They also come from different issuers: BondBloxx and Vanguard. Their fees differ too: 0.05% for XTRE and 0.03% for VTG.

Which has better risk-adjusted returns?

XTRE currently has the higher Sharpe Ratio (1.45 vs 1.01), 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.