XTWO

GradeBNew York Stock Exchange Arca

BondBloxx Bloomberg Two Year Target Duration US Treasury ETF

Treasury & Government Bond · BondBloxx · Inception 2022-09-13

$48.28−0.13 (−0.27%)

As of Sep 23, 2026, 2:19 PM EDT

Expense ratio: 0.05%
Fund size: $273M
1Y return: +1.5%
Yield · Last 12 months: 3.95%
Volume · 30D: 0.1M sh
NAV per share: $48.40
52W range: low $48.37high $49.69

67/ 100

Rank 6 of 15 in Treasuries (1-3 Year)⁠

Confidence High

F< 25

D≥ 25

C≥ 40

B≥ 55

A≥ 70

Cost
BScore 68
Category rank6/15 · top 40%
Mission
AScore 100
Category rank13/14 · bottom quartile
Risk
DScore 36
Category rank13/15 · bottom quartile
Tradability
BScore 63
Category rank5/15 · top 33%
Holdings
CScore 48
Category rank12/15 · bottom quartile
Durability
CScore 49
Category rank10/15 · mid-pack

Graded as of Sep 22, 2026

Our read on XTWO

ETF.net Research

BMost short-Treasury funds buy a maturity range and let their rate sensitivity wander. XTWO came out of the first suite built the other way: hold US Treasuries to a set two-year duration target, for five basis points.

Stated mandate

The Fund seeks to track an index of U.S. Treasury securities with durations between 1 and 3 years.

Why people hold it

01Costs 0.05% a year, a third of the typical fee in the short-Treasury crowd.
02Targets a duration, not a maturity bucket. Its index is designed to sit near two years of rate sensitivity instead of drifting lower as the bonds inside it age.bondbloxxetf.com
03Launched in 2022 as part of the first target-duration Treasury lineup, spanning six months to twenty years, so you can dial duration up or down inside one family.bondbloxxetf.com
04US Treasuries only, no corporate credit in the mix, and income goes out monthly.

Worth knowing

01One of the less-traded names in its group and modest in size next to SHY or VGSH, so spreads can be wider than the household-name alternatives.
02Two years of duration is not cash. Prices still move when rates do, roughly twice as much as a one-year position, though far less than long bonds.bondbloxxetf.com
03The index-tracking giants (VGSH, SCHO, SPTS) come in a couple of basis points cheaper. You are paying a hair more for the fixed duration target.

XTWO Holdings

As of Sep 22, 2026, 9:55 PM

Asset class: Bonds
Holdings: —
Top-10 weight: 15%
Largest holding: US TREAS NTS 4.625% 04/30/291.6%

Sectors

Financials100.0%

Geography

United States100.00%

The fund’s holdings, weight-ordered — page 1 of 7.
#	Ticker	Company	Weight %	Shares	Market value	In ETFs
001	—	US TREAS NTS 4.625% 04/30/29	1.57%	4,147,500	$4M	25
002	—	US TREAS NTS 4.125% 11/30/29	1.57%	4,234,400	$4M	32
003	—	US TREAS NTS 4.25% 06/30/29	1.56%	4,196,000	$4M	34
004	—	US TREAS NTS 4.125% 10/31/29	1.54%	4,154,800	$4M	37
005	—	US TREAS NTS 4% 07/31/29	1.54%	4,204,700	$4M	32
006	—	US TREAS NTS 3.5% 09/30/29	1.52%	4,154,800	$4M	30
007	—	US TREAS NTS 4.5% 05/31/29	1.51%	4,030,800	$4M	33
008	—	US TREAS NTS 3.625% 08/31/29	1.51%	4,165,000	$4M	31
009	—	US TREAS NTS 4.125% 03/31/29	1.47%	3,925,200	$4M	30
010	—	US TREAS NTS 4.25% 02/28/29	1.41%	3,810,900	$4M	26
011	—	US TREAS NTS 2.75% 02/15/28	1.38%	3,774,500	$4M	29
012	—	US TREAS NTS 3.125% 11/15/28	1.37%	3,756,100	$4M	30
013	—	US TREAS NTS 3.75% 05/15/28	1.36%	3,647,000	$4M	30
014	—	US TREAS NTS 1.125% 08/31/28	1.35%	3,872,000	$4M	32
015	—	US TREAS NTS 3.5% 10/15/28	1.35%	3,650,000	$4M	22

Showing 1–15 of 94 holdings

XTWO Performance

XTWO$10,154

$11,723

Sep 22, 2025 – Sep 22, 2026

Trailing total return for XTWO. Periods over one year show the average yearly return.
Period	XTWO
Year to date	+0.4%
1 month	−0.6%
3 months	+0.1%
1 year	+1.5%
3 years	+4.1%per year
5 yearsFund is under 5 years old	—per year
10 yearsFund is under 10 years old	—per year

As of the Sep 22, 2026 close, with distributions reinvested.

Annual total returns for XTWO
Year	Return bar	XTWO
2026 YTD		+0.4%
2025		+5.2%
2024		+3.9%
2023		+4.3%
2022		+0.2%

History from Sep 15, 2022

XTWO in the news

ETF.net Research hasn’t filed on XTWO yet — coverage lands here as it’s written.

XTWO Dividends

: 3.95%Last 12 months
Payout per share: $1.91Last 12 months

Last payment: $0.15 per share
Paid on: Sep 4, 2026
: Sep 1, 2026
Frequency: Monthly

Distribution history

2023–2026

Ex-date	Pay date	Amount per share
Sep 1, 2026	Sep 4, 2026	$0.15
Aug 3, 2026	Aug 6, 2026	$0.15
Jul 1, 2026	Jul 7, 2026	$0.15
Jun 1, 2026	Jun 4, 2026	$0.16
May 1, 2026	May 6, 2026	$0.16
Apr 1, 2026	Apr 7, 2026	$0.17
Mar 2, 2026	Mar 5, 2026	$0.14
Feb 2, 2026	Feb 5, 2026	$0.17
Dec 30, 2025	Jan 5, 2026	$0.16
Dec 1, 2025	Dec 4, 2025	$0.17
Nov 3, 2025	Nov 6, 2025	$0.17
Oct 1, 2025	Oct 6, 2025	$0.15

XTWO Risk

: 1.7%; Annualised · 36 months to Aug 2026; How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
: −0.26; vs 3-month T-bills · to Aug 2026; How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
: −1.7%; 48 months · trough Jul 2023; How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
: 0.25; vs its asset-class index; How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

XTWO Cost

Expense ratio0.05%

XTWO0.05%

Cheapest0.03%Priciest0.35%

The middle half of Treasuries (1-3 Year) funds
Median 0.15%

4 of the 15 Treasuries (1-3 Year) funds charge less.

XTWO costs $5.00 a year on $10,000. The median Treasuries (1-3 Year) fund costs $15.00.

XTWO

The ETF.net XTWO Grade

Cost

Mission

Risk

Tradability

Holdings

Durability

Why people hold it

Worth knowing

Growth of $10,000Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Trailing returnsReturns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Annual returnsCalendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Distribution history