ANV vs. TLTX

Last updated Jul 1, 2026

ANV (GraniteShares Autocallable NVDA ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - ANV 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 0.13 correlation, their price movements are largely independent. ANV charges 1.07%/yr vs 0.29%/yr for TLTX.

Performance

ANV vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares Autocallable NVDA ETF (ANV) and Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ANV

• 1D: 0.22%
• 1M: 0.76%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -0.33%
• 1M: 2.01%
• YTD: 1.80%
• 6M: 1.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANV vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
ANV GraniteShares Autocallable NVDA ETF	7.07%
TLTX Global X Treasury Bond Enhanced Income ETF	2.23%

Correlation

The correlation between ANV and TLTX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.13

Return for Risk

ANV vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares Autocallable NVDA ETF (ANV) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ANV vs. TLTX - Drawdown Comparison

The maximum ANV drawdown since its inception was -2.82%, smaller than the maximum TLTX drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for ANV and TLTX.

Drawdown Indicators

	ANV	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-2.82%	-6.35%	+3.53%
Current Drawdown Current decline from peak	0.00%	-1.97%	+1.97%
Average Drawdown Average peak-to-trough decline	-0.63%	-2.28%	+1.65%

Volatility

Volatility by Period

	ANV	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	10.66%	9.21%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.66%	9.21%	+1.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.66%	9.21%	+1.45%

ANV vs. TLTX - Expense Ratio Comparison

ANV has a 1.07% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

ANV vs. TLTX - Dividend Comparison

ANV's dividend yield for the trailing twelve months is around 5.51%, less than TLTX's 17.14% yield.

Position	TTM	2025
ANV GraniteShares Autocallable NVDA ETF	5.51%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	17.14%	7.54%

Frequently Asked Questions

Can I hold both ANV and TLTX in my portfolio?

ANV and TLTX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ANV or TLTX?

On fees, TLTX is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANV or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 1.07% for ANV.

Which ETF pays a higher dividend yield, ANV or TLTX?

TLTX has the higher dividend yield at 17.14%, compared with 5.51% for ANV.

What is the main difference between ANV and TLTX?

ANV is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: GraniteShares and Global X. Their fees differ too: 1.07% for ANV and 0.29% for TLTX.