ARCM vs. TRSY

Last updated Jun 24, 2026

ARCM (Arrow Reserve Capital Management ETF) and TRSY (Xtrackers US 0-1 Year Treasury ETF) are both exchange-traded funds - ARCM is a Ultrashort Bond fund actively managed by Arrow Funds, while TRSY is a Government Bonds fund tracking the ICE U.S. Treasury Short Bond Index. ARCM is actively managed, while TRSY is passively managed. Over the past year, ARCM returned 3.60% vs 3.88% for TRSY. At a 0.20 correlation, their price movements are largely independent. ARCM charges 0.50%/yr vs 0.06%/yr for TRSY.

Performance

ARCM vs. TRSY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arrow Reserve Capital Management ETF (ARCM) and Xtrackers US 0-1 Year Treasury ETF (TRSY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARCM achieves a 1.47% return, which is significantly lower than TRSY's 1.63% return.

ARCM

• 1D: -0.02%
• 1M: 0.25%
• YTD: 1.47%
• 6M: 1.60%
• 1Y: 3.60%
• 3Y*: 4.66%
• 5Y*: 3.19%
• 10Y*: —

TRSY

• 1D: 0.00%
• 1M: 0.27%
• YTD: 1.63%
• 6M: 1.72%
• 1Y: 3.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARCM vs. TRSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ARCM Arrow Reserve Capital Management ETF	1.47%	4.11%	0.99%
TRSY Xtrackers US 0-1 Year Treasury ETF	1.63%	4.22%	1.49%

Correlation

The correlation between ARCM and TRSY is 0.07, 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 (1Y) Calculated over the trailing 1-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 9, 2024	0.20

The correlation between ARCM and TRSY shifts across timeframes, from 0.07 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ARCM vs. TRSY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARCM

ARCM Risk / Return Rank: 99
ARCM Sharpe Ratio Rank: 99
ARCM Sortino Ratio Rank: 99
ARCM Omega Ratio Rank: 99
ARCM Calmar Ratio Rank: 99
ARCM Martin Ratio Rank: 99

TRSY

TRSY Risk / Return Rank: 99
TRSY Sharpe Ratio Rank: 99
TRSY Sortino Ratio Rank: 99
TRSY Omega Ratio Rank: 99
TRSY Calmar Ratio Rank: 99
TRSY Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARCM vs. TRSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arrow Reserve Capital Management ETF (ARCM) and Xtrackers US 0-1 Year Treasury ETF (TRSY). 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.

	ARCM	TRSY	Difference
Sharpe ratio: Return per unit of total volatility	8.12	10.07	-1.96
Sortino ratio: Return per unit of downside risk	16.80	25.97	-9.18
Omega ratio: Gain probability vs. loss probability	4.22	6.16	-1.94
Calmar ratio: Return relative to maximum drawdown	28.99	58.82	-29.83
Martin ratio: Return relative to average drawdown	229.47	353.48	-124.01

ARCM vs. TRSY - Sharpe Ratio Comparison

The current ARCM Sharpe Ratio is 8.12, which is comparable to the TRSY Sharpe Ratio of 10.07. The chart below compares the historical Sharpe Ratios of ARCM and TRSY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARCM vs. TRSY - Drawdown Comparison

The maximum ARCM drawdown since its inception was -4.08%, which is greater than TRSY's maximum drawdown of -0.82%. Use the drawdown chart below to compare losses from any high point for ARCM and TRSY.

Drawdown Indicators

	ARCM	TRSY	Difference
Max Drawdown Largest peak-to-trough decline	-4.08%	-0.82%	-3.26%
Max Drawdown (1Y) Largest decline over 1 year	-0.12%	-0.07%	-0.05%
Max Drawdown (3Y) Largest decline over 3 years	-3.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-3.46%	—	—
Current Drawdown Current decline from peak	-0.04%	-0.02%	-0.02%
Average Drawdown Average peak-to-trough decline	-0.72%	-0.06%	-0.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.02%	0.01%	+0.01%

Volatility

ARCM vs. TRSY - Volatility Comparison

The current volatility for Arrow Reserve Capital Management ETF (ARCM) is 0.11%, while Xtrackers US 0-1 Year Treasury ETF (TRSY) has a volatility of 0.12%. This indicates that ARCM experiences smaller price fluctuations and is considered to be less risky than TRSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARCM	TRSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.11%	0.12%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	0.30%	0.24%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	0.45%	0.39%	+0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.02%	1.10%	+1.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.13%	1.10%	+2.03%

ARCM vs. TRSY - Expense Ratio Comparison

ARCM has a 0.50% expense ratio, which is higher than TRSY's 0.06% expense ratio.

Dividends

ARCM vs. TRSY - Dividend Comparison

ARCM's dividend yield for the trailing twelve months is around 3.73%, which matches TRSY's 3.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARCM Arrow Reserve Capital Management ETF	3.73%	4.13%	4.87%	4.26%	0.90%	0.02%	0.84%	2.32%	1.91%	0.62%
TRSY Xtrackers US 0-1 Year Treasury ETF	3.72%	4.00%	0.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARCM and TRSY in my portfolio?

ARCM and TRSY have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARCM or TRSY?

TRSY has higher volatility (0.12%) compared to ARCM (0.11%). In terms of maximum drawdown, ARCM dropped -4.08% vs TRSY's -0.82%.

Which ETF is better, ARCM or TRSY?

On 1-year performance, TRSY leads with 3.88% vs 3.60% for ARCM. On fees, TRSY is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARCM or TRSY?

Over the 1-year period, TRSY has performed better with a 3.88% return vs 3.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARCM or TRSY?

TRSY is cheaper with a 0.06% expense ratio, compared with 0.50% for ARCM.

Which ETF pays a higher dividend yield, ARCM or TRSY?

ARCM has the higher dividend yield at 3.73%, compared with 3.72% for TRSY.

What is the main difference between ARCM and TRSY?

ARCM is categorized as Ultrashort Bond, while TRSY is Government Bonds. They also come from different issuers: Arrow Funds and Xtrackers. Their fees differ too: 0.50% for ARCM and 0.06% for TRSY.

Which has better risk-adjusted returns?

TRSY currently has the higher Sharpe Ratio (10.07 vs 8.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.