XTWO vs. RPIFX
Compare and contrast key facts about Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) and T. Rowe Price Institutional Floating Rate Fund (RPIFX).
XTWO is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg US Treasury 2 Year Target Duration Index. It was launched on Sep 13, 2022. RPIFX is managed by T. Rowe Price. It was launched on Jan 30, 2008.
Performance
XTWO vs. RPIFX - Performance Comparison
Loading graphics...
XTWO vs. RPIFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XTWO Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF | 0.27% | 5.17% | 3.92% | 4.27% | 0.17% |
RPIFX T. Rowe Price Institutional Floating Rate Fund | -0.94% | 6.71% | 8.47% | 10.13% | 0.47% |
Returns By Period
In the year-to-date period, XTWO achieves a 0.27% return, which is significantly higher than RPIFX's -0.94% return.
XTWO
- 1D
- 0.09%
- 1M
- -0.52%
- YTD
- 0.27%
- 6M
- 1.41%
- 1Y
- 3.79%
- 3Y*
- 3.99%
- 5Y*
- —
- 10Y*
- —
RPIFX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- -0.94%
- 6M
- 0.62%
- 1Y
- 5.04%
- 3Y*
- 6.99%
- 5Y*
- 5.01%
- 10Y*
- 4.79%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XTWO vs. RPIFX - Expense Ratio Comparison
XTWO has a 0.05% expense ratio, which is lower than RPIFX's 0.57% expense ratio.
Return for Risk
XTWO vs. RPIFX — Risk / Return Rank
XTWO
RPIFX
XTWO vs. RPIFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) and T. Rowe Price Institutional Floating Rate Fund (RPIFX). 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.
| XTWO | RPIFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.44 | 2.00 | +0.44 |
Sortino ratioReturn per unit of downside risk | 3.86 | 3.60 | +0.27 |
Omega ratioGain probability vs. loss probability | 1.51 | 1.69 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 4.19 | 2.68 | +1.51 |
Martin ratioReturn relative to average drawdown | 15.27 | 10.49 | +4.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XTWO | RPIFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 2.00 | +0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.85 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.27 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.78 | 1.27 | +0.51 |
Correlation
The correlation between XTWO and RPIFX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
XTWO vs. RPIFX - Dividend Comparison
XTWO's dividend yield for the trailing twelve months is around 4.10%, less than RPIFX's 6.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XTWO Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF | 4.10% | 4.24% | 4.54% | 4.07% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RPIFX T. Rowe Price Institutional Floating Rate Fund | 6.63% | 7.22% | 7.77% | 6.53% | 4.12% | 3.94% | 4.29% | 5.12% | 5.16% | 4.32% | 4.31% | 4.45% |
Drawdowns
XTWO vs. RPIFX - Drawdown Comparison
The maximum XTWO drawdown since its inception was -1.73%, smaller than the maximum RPIFX drawdown of -25.10%. Use the drawdown chart below to compare losses from any high point for XTWO and RPIFX.
Loading graphics...
Drawdown Indicators
| XTWO | RPIFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.73% | -25.10% | +23.37% |
Max Drawdown (1Y)Largest decline over 1 year | -0.91% | -1.92% | +1.01% |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.67% | — |
Current DrawdownCurrent decline from peak | -0.52% | -1.15% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -0.40% | -1.35% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 0.52% | -0.27% |
Volatility
XTWO vs. RPIFX - Volatility Comparison
The current volatility for Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) is 0.56%, while T. Rowe Price Institutional Floating Rate Fund (RPIFX) has a volatility of 0.72%. This indicates that XTWO experiences smaller price fluctuations and is considered to be less risky than RPIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XTWO | RPIFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.56% | 0.72% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 0.90% | 1.76% | -0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.56% | 2.80% | -1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.20% | 2.73% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.20% | 3.79% | -1.59% |