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CBOX vs XHLF

Calamos Tax-Aware Collateral ETF

CBOXCCboe

BondBloxx Bloomberg Six Month Target Duration US Treasury ETF

XHLFANYSE Arca

Overlap

0.0%by weight

Expense ratio

XHLF −0.16pt a year

CBOX0.19%XHLF0.03%

Avg volume · 30D

XHLF 3.5×the volume

CBOX88.4KXHLF309K

CBOX vs XHLF Performance

Jul 31, 2026 – Oct 30, 2026

+1.1%CBOX+0.9%XHLF

Jul 31, 2026 to Oct 30, 2026. CBOX +1.1%. XHLF +0.9%. Use the arrow keys to read each point.0%0.2%0.4%0.6%Jul 2026Sep 2026Oct 2026
Expense ratio
CBOX 0.19%
XHLF 0.03%, better
Fund size
CBOX $1.8B
XHLF $2.03B
1Y total return
CBOX No data
XHLF +3.6%
Yield (12M)
CBOX No data
XHLF 3.75%
Holdings
CBOX 2
XHLF 29
Avg volume (30D)
CBOX 88.4K sh
XHLF 309K sh, better
NAV per share
CBOX $102.15
XHLF $50.29
52W range

ETF.net Grade

CBOX: Cost 38, Risk 52, Mission not scored, Tradability 46, Holdings 24, Durability 42. XHLF: Cost 99, Risk 47, Mission 100, Tradability 79, Holdings 35, Durability 59.
Pillar letters and Scores for CBOX, XHLF, with each pillar’s weight
PillarCBOXXHLF
Cost30% weightD38A99Higher
Mission25% weightNot scoredA100
Risk15% weightC52HigherC47
Tradability15% weightC46A79Higher
Holdings10% weightF24D35Higher
Durability5% weightC42B59Higher

Rank among Cash & Ultra-Short Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CBOX and XHLF are both graded against the same 78 Cash & Ultra-Short Income funds, so their Grades compare head to head.

Cash & Ultra-Short Income⁠

Category · 78 funds
See all 78 ›

XHLF ranks 4th and CBOX 67th of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 4AVBILVanguard 0-3 Month Treasury Bill ETFScore 80
  2. Rank 4AXHLFBondBloxx Bloomberg Six Month Target Duration US Treasury ETFScore 80
  3. Rank 7ASGOViShares 0-3 Month Treasury Bond ETFScore 79
  4. Rank 66CXBOXRoundhill Box Spread ETFScore 42
  5. Rank 67CCBOXCalamos Tax-Aware Collateral ETFScore 40
  6. Rank 67CCMBOWayfinder Dynamic U.S. Interest Rate ETFScore 40

Our read on each fund

ETF.net Research

CBOXCCalamos Tax-Aware Collateral ETF

XHLFABondBloxx Bloomberg Six Month Target Duration US Treasury ETF

In short

CBOX No data

XHLF Most cash-parking funds pick a maturity bucket. XHLF picks a number: it blends Treasury bills to an average duration of about six months, resets to that target monthly, and charges three basis points to do it.

Stated mandate

CBOX No data

XHLF The Fund seeks to track the investment results of an index composed of U.S. Treasury securities.

Why people hold it

CBOX No data

  • XHLF Costs 0.03% a year, against a typical short-Treasury peer near 0.14%. In cash-like funds, where returns come from bills everyone owns, fee is the main lever.
  • Tracks an index built to hold an average duration of roughly six months, rebalanced monthly, so exposure stays anchored instead of drifting as bills mature.bondbloxxetf.com
  • Sits in the gap between 0-3 month bill funds and one-year funds. Its sibling XONE targets a one-year duration at the same 0.03%, so the two can be mixed to dial in duration.
  • US Treasury bills only, no credit bets hiding in the portfolio, run in a multi-billion-dollar fund that has stayed close to its index.

Worth knowing

CBOX No data

  • XHLF Six months of duration is not zero. Prices move a touch more when yields shift than in 0-3 month bill funds such as BIL or CLIP.
  • Income rides whatever Treasury bills happen to pay, and distributions arrive on an irregular rhythm rather than a fixed amount or schedule.
  • Volume is moderate next to the largest bill ETFs, so spreads can be a bit wider, which matters more on big tickets than small ones.

Full CBOX profile⁠

Full XHLF profile⁠

CBOX vs XHLF Holdings

How CBOX and XHLF differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CBOX and 0.0% of XHLF.

Level by level

  • Asset classEquity, Fixed Income0.0%
  • Holdings0 in both0.0%

Sector

No Sector split for CBOX and XHLF.

Country, concentration and asset class

Country by domicile

No country split for CBOX.

Concentration

Weight in the 10 largest Holdings

  • CBOX100.0%
  • XHLF79.1%

Securities held

  • CBOX1
  • XHLF29

Asset class

CBOX
Equity
XHLF
Fixed Income

Holdings

  • Only in CBOX1
  • In both0
  • Only in XHLF29

Only in CBOX

1 security, 99.8% of CBOX by weight

  • State Street SPDR S&P 500 ETF Trust99.77%

Only in XHLF

29 securities, 100% of XHLF by weight

  • Us T Bill Zcp 05/13/279.27%
  • Us T Bill Zcp 03/18/279.13%
  • Us T Bill Zcp 07/08/279.11%

Weight gaps

CBOX and XHLF share no securities.

All CBOX holdings⁠All XHLF holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CBOX vs XHLF Cost

Overpaying CBOX vs XHLF

$3,314

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CBOX 0.19%

    $3,952

  • XHLF 0.03%

    $638

$10,000
30 years

Cost over time

  • CBOX 0.19%
  • XHLF 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530CBOX $3,952XHLF $638

Year by year

YearCBOXXHLFOverpaying
10$347$55$292
20$1,351$216$1,135
30$3,952$638$3,314

Expense ratio

  • 0.19%CBOX
  • 0.03%XHLF, cheaper
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

XHLF cheapest of 78 funds

CBOX 42nd cheapest of 78 funds

CBOX vs XHLF Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CBOX No data
XHLF 3.75%
Payout (12M)
CBOX None
XHLF $1.89
Last payment
CBOX No data
XHLF $0.15
Ex-dividend
CBOX No data
XHLF Oct 1, 2026
Paid on
CBOX No data
XHLF Oct 6, 2026
Frequency
CBOX No data
XHLF Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CBOXAll CBOX payments⁠

No distribution history available.

XHLFMonthly · 45 paymentsAll XHLF payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.15; Mar 1, 2023 $0.14; Apr 3, 2023 $0.17; May 1, 2023 $0.14; Jun 1, 2023 $0.22; Jul 3, 2023 $0.15; Aug 1, 2023 $0.21; Sep 1, 2023 $0.22; Oct 2, 2023 $0.19; Nov 1, 2023 $0.22; Dec 1, 2023 $0.21; Dec 28, 2023 $0.23; Feb 1, 2024 $0.23; Mar 1, 2024 $0.20; Apr 1, 2024 $0.22; May 1, 2024 $0.21; Jun 3, 2024 $0.22; Jul 1, 2024 $0.21; Aug 1, 2024 $0.21; Sep 3, 2024 $0.21; Oct 1, 2024 $0.20; Nov 1, 2024 $0.20; Dec 2, 2024 $0.19; Dec 30, 2024 $0.19; Feb 3, 2025 $0.17; Mar 3, 2025 $0.17; Apr 1, 2025 $0.18; May 1, 2025 $0.15; Jun 2, 2025 $0.17; Jul 1, 2025 $0.16; Aug 1, 2025 $0.16; Sep 2, 2025 $0.17; Oct 1, 2025 $0.16; Nov 3, 2025 $0.20; Dec 1, 2025 $0.14; Dec 30, 2025 $0.16; Feb 2, 2026 $0.16; Mar 2, 2026 $0.14; Apr 1, 2026 $0.16; May 1, 2026 $0.15; Jun 1, 2026 $0.15; Jul 1, 2026 $0.15; Aug 3, 2026 $0.15; Sep 1, 2026 $0.16; Oct 1, 2026 $0.15. Use the arrow keys to read each point.$0$0.2520232026YTD

CBOX vs XHLF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CBOX No dataXHLF 0.3%
Return per unit of riskSharpe ratio, 3 years
CBOX No dataXHLF −0.52
Worst fallMax drawdown, 5 years
CBOX No dataXHLF −0.1%since Sep 2022
Market sensitivityBeta, 5 years
CBOX −0.0005XHLF 0.03

CBOX and XHLF in the news

All news⁠

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