Correlation
The correlation between XTWO and SCHO is 0.04, 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.
XTWO vs. SCHO
Compare and contrast key facts about Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) and Schwab Short-Term U.S. Treasury ETF (SCHO).
XTWO and SCHO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SCHO is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Treasury (1-3 Y) (Inception 4/30/1996). It was launched on Aug 5, 2010. Both XTWO and SCHO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XTWO or SCHO.
Performance
XTWO vs. SCHO - Performance Comparison
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Key characteristics
XTWO:
3.31
SCHO:
3.25
XTWO:
5.35
SCHO:
5.30
XTWO:
1.73
SCHO:
1.72
XTWO:
5.60
SCHO:
6.01
XTWO:
14.73
SCHO:
16.71
XTWO:
0.41%
SCHO:
0.35%
XTWO:
1.80%
SCHO:
1.80%
XTWO:
-1.73%
SCHO:
-5.69%
XTWO:
-0.28%
SCHO:
-0.23%
Returns By Period
In the year-to-date period, XTWO achieves a 2.20% return, which is significantly lower than SCHO's 2.51% return.
XTWO
2.20%
-0.28%
2.46%
5.89%
N/A
N/A
N/A
SCHO
2.51%
-0.23%
2.39%
5.79%
2.97%
1.17%
1.49%
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XTWO vs. SCHO - Expense Ratio Comparison
Both XTWO and SCHO have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
XTWO vs. SCHO — Risk-Adjusted Performance Rank
XTWO
SCHO
XTWO vs. SCHO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) and Schwab Short-Term U.S. Treasury ETF (SCHO). 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.
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Dividends
XTWO vs. SCHO - Dividend Comparison
XTWO's dividend yield for the trailing twelve months is around 4.46%, more than SCHO's 4.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XTWO Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF | 4.46% | 4.54% | 4.07% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHO Schwab Short-Term U.S. Treasury ETF | 4.22% | 4.29% | 3.76% | 1.34% | 0.41% | 1.27% | 2.26% | 1.78% | 1.12% | 0.82% | 0.68% | 0.47% |
Drawdowns
XTWO vs. SCHO - Drawdown Comparison
The maximum XTWO drawdown since its inception was -1.73%, smaller than the maximum SCHO drawdown of -5.69%. Use the drawdown chart below to compare losses from any high point for XTWO and SCHO.
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Volatility
XTWO vs. SCHO - Volatility Comparison
Bondbloxx Bloomberg Two Year Target Duration US Treasury ETF (XTWO) has a higher volatility of 0.53% compared to Schwab Short-Term U.S. Treasury ETF (SCHO) at 0.49%. This indicates that XTWO's price experiences larger fluctuations and is considered to be riskier than SCHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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