XHLF — Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF

XHLF Price Performance — Growth of $10,000

Value of a $10,000 investment in XHLF over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

XHLF Drawdown

The "underwater" chart: XHLF's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Bondbloxx Bloomberg Six Month Target Duration US Treasury ETF is an ultra-short cash instrument issued by BondBloxx Investment Management with $2.01 billion in assets. It holds a C grade and ranks 7 of 9 within its category, placing it at #345 overall among 458 tracked ETFs. The fund’s 0.03% expense ratio is significantly lower than the category median of 0.15%, though its 3.80% dividend yield trails the peer median of 4.19%. Top ten holdings comprise 76.8% of assets, with the largest position being US T BILL ZCP 03/18/27 at 9.0%.

The fund’s price of $50.19 sits at 17.9% of its 52-week range, indicating it is near the lower end of recent trading levels. Short-term returns show modest gains, with a 1D return of +0.04% and a 1M return of +0.31%, while the 1Y return of +3.70% falls slightly below the category median of +3.80%. Longer-term performance is stronger, with a 3Y return of +14.07% and a YTD gain of +2.29%. The ETFValuer grade has remained unchanged at C across the last 35 tracked days, and price history is available for 3.0 years.

With a beta of 0.03 and annualized volatility of 0.30%, the fund exhibits very low sensitivity to market movements and price fluctuations. A max drawdown of -0.06% reflects minimal recent loss severity, though a Sharpe ratio of -4.28 suggests poor risk-adjusted returns relative to the risk-free rate. Liquidity is supported by an average daily volume of 344,515 shares, despite a bid/ask spread of 0.70%. These metrics collectively describe a stable but low-yielding asset class behavior.

AI-generated summary based on the data on this page.

XHLF Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 76.8% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XHLF's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

XHLF Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.70% and average daily volume is 345K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.01B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: XHLF is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

XHLF Performance History

How XHLF Compares to Other Ultra-Short / Cash ETFs