Defiance Treasury Alternative Yield ETF (TRES)
TRES is an actively managed ETF by Defiance. TRES launched on Jan 24, 2024 and has a 0.75% expense ratio.
ETF Info
| Issuer | Defiance |
|---|---|
| Inception Date | Jan 24, 2024 |
| Category | Government Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
TRES features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TRES vs. SGOV, TRES vs. SCHD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Defiance Treasury Alternative Yield ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 25.70% |
| 1 month | N/A | 3.51% |
| 6 months | N/A | 14.80% |
| 1 year | N/A | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of TRES, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.44% | -3.74% | -7.00% | -0.50% | -2.08% | 1.13% | 0.06% | -11.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of TRES is 82, placing it in the top 18% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Defiance Treasury Alternative Yield ETF (TRES) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Defiance Treasury Alternative Yield ETF provided a 5.38% dividend yield over the last twelve months, with an annual payout of $0.91 per share.
| Period | TTM |
|---|---|
| Dividend | $0.91 |
Dividend yield | 5.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Defiance Treasury Alternative Yield ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.26 | $0.17 | $0.17 | $0.16 | $0.15 | $0.00 | $0.91 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Defiance Treasury Alternative Yield ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Defiance Treasury Alternative Yield ETF was 14.40%, occurring on May 31, 2024. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.4% | Feb 2, 2024 | 83 | May 31, 2024 | — | — | — |
| -0.37% | Jan 26, 2024 | 1 | Jan 26, 2024 | 2 | Jan 30, 2024 | 3 |
Volatility
Volatility Chart
The current Defiance Treasury Alternative Yield ETF volatility is 0.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.