AHD vs. TLTX
AHD (GraniteShares Autocallable HOOD ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - AHD is a Derivative Income fund actively managed by GraniteShares, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a correlation of -0.03, they often move in opposite directions.
Performance
AHD vs. TLTX - Performance Comparison
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Returns By Period
AHD
- 1D
- 0.96%
- 1M
- 1.49%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
TLTX
- 1D
- -0.86%
- 1M
- -3.55%
- 6M
- -1.78%
- YTD
- -1.70%
- 1Y
- 3.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.16%
AHD vs. TLTX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AHD GraniteShares Autocallable HOOD ETF | 7.76% |
TLTX Global X Treasury Bond Enhanced Income ETF | 0.47% |
Correlation
The correlation between AHD and TLTX is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 19, 2026 | -0.03 |
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Return for Risk
AHD vs. TLTX — Risk / Return Rank
AHD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
TLTX
AHD vs. TLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable HOOD ETF (AHD) and Global X Treasury Bond Enhanced Income ETF (TLTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AHD | TLTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.06 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.48 | — |
| Martin ratioReturn relative to average drawdown | — | 1.05 | — |
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Drawdowns
AHD vs. TLTX - Drawdown Comparison
The maximum AHD drawdown since its inception was -4.06%, smaller than the maximum TLTX drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for AHD and TLTX.
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Drawdown Indicators
| AHD | TLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.06% | -6.35% | +2.29% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.35% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.34% | +5.34% |
Average DrawdownAverage peak-to-trough decline | -0.87% | -2.41% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.88% | — |
Volatility
AHD vs. TLTX - Volatility Comparison
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Volatility by Period
| AHD | TLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.02% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.98% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.42% | 9.28% | +8.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.42% | 9.25% | +8.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.42% | 9.25% | +8.17% |
Dividends
AHD vs. TLTX - Dividend Comparison
AHD's dividend yield for the trailing twelve months is around 4.62%, less than TLTX's 19.02% yield.
| Position | TTM | 2025 |
|---|---|---|
AHD GraniteShares Autocallable HOOD ETF | 4.62% | 0.00% |
TLTX Global X Treasury Bond Enhanced Income ETF | 19.02% | 7.54% |
Frequently Asked Questions
AHD and TLTX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TLTX has the higher dividend yield at 19.02%, compared with 4.62% for AHD.
AHD is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: GraniteShares and Global X.
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