ZTWO vs. XHLF
Compare and contrast key facts about F/M 2-Year Investment Grade Corporate Bond ETF (ZTWO) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF).
ZTWO and XHLF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZTWO is a passively managed fund by F/m that tracks the performance of the ICE 2-Year US Target Maturity Corporate Index - Benchmark TR Gross. It was launched on Jan 10, 2024. XHLF is a passively managed fund by BondBloxx that tracks the performance of the Bloomberg US Treasury 6 Month Duration Index. It was launched on Sep 13, 2022. Both ZTWO and XHLF 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: ZTWO or XHLF.
Correlation
The correlation between ZTWO and XHLF is 0.35, 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.
Performance
ZTWO vs. XHLF - Performance Comparison
Key characteristics
ZTWO:
3.71
XHLF:
12.13
ZTWO:
6.14
XHLF:
37.68
ZTWO:
1.84
XHLF:
8.48
ZTWO:
9.25
XHLF:
85.18
ZTWO:
26.51
XHLF:
474.93
ZTWO:
0.22%
XHLF:
0.01%
ZTWO:
1.58%
XHLF:
0.42%
ZTWO:
-0.64%
XHLF:
-0.11%
ZTWO:
0.00%
XHLF:
0.00%
Returns By Period
In the year-to-date period, ZTWO achieves a 0.62% return, which is significantly higher than XHLF's 0.47% return.
ZTWO
0.62%
0.47%
2.23%
5.76%
N/A
N/A
XHLF
0.47%
0.31%
2.26%
4.98%
N/A
N/A
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ZTWO vs. XHLF - Expense Ratio Comparison
ZTWO has a 0.15% expense ratio, which is higher than XHLF'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%.
Risk-Adjusted Performance
ZTWO vs. XHLF — Risk-Adjusted Performance Rank
ZTWO
XHLF
ZTWO vs. XHLF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for F/M 2-Year Investment Grade Corporate Bond ETF (ZTWO) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF). 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.
Dividends
ZTWO vs. XHLF - Dividend Comparison
ZTWO's dividend yield for the trailing twelve months is around 4.97%, more than XHLF's 4.84% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
ZTWO F/M 2-Year Investment Grade Corporate Bond ETF | 4.97% | 4.58% | 0.00% | 0.00% |
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 4.84% | 4.97% | 4.51% | 0.86% |
Drawdowns
ZTWO vs. XHLF - Drawdown Comparison
The maximum ZTWO drawdown since its inception was -0.64%, which is greater than XHLF's maximum drawdown of -0.11%. Use the drawdown chart below to compare losses from any high point for ZTWO and XHLF. For additional features, visit the drawdowns tool.
Volatility
ZTWO vs. XHLF - Volatility Comparison
F/M 2-Year Investment Grade Corporate Bond ETF (ZTWO) has a higher volatility of 0.33% compared to BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) at 0.11%. This indicates that ZTWO's price experiences larger fluctuations and is considered to be riskier than XHLF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.