ATCL vs. TLDR

Last updated Jun 5, 2026

ATCL (REX Autocallable Income ETF) and TLDR (The Laddered T-Bill ETF) are both exchange-traded funds - ATCL is a Derivative Income fund actively managed by REX Shares, while TLDR is a Ultrashort Bond fund actively managed by REX Shares. Both are actively managed. At a correlation of -0.18, they often move in opposite directions. ATCL charges 0.65%/yr vs 0.20%/yr for TLDR.

Performance

ATCL vs. TLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Autocallable Income ETF (ATCL) and The Laddered T-Bill ETF (TLDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATCL

• 1D: 0.03%
• 1M: 1.01%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLDR

• 1D: -0.02%
• 1M: 0.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATCL vs. TLDR - Yearly Performance Comparison

	2026 (YTD)
ATCL REX Autocallable Income ETF	3.57%
TLDR The Laddered T-Bill ETF	0.90%

Correlation

The correlation between ATCL and TLDR is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 19, 2026	-0.18

Return for Risk

ATCL vs. TLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Autocallable Income ETF (ATCL) and The Laddered T-Bill ETF (TLDR). 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.

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

Sharpe Ratios by Period

	ATCL	TLDR	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	8.54	-7.11

Drawdowns

ATCL vs. TLDR - Drawdown Comparison

The maximum ATCL drawdown since its inception was -6.08%, which is greater than TLDR's maximum drawdown of -0.05%. Use the drawdown chart below to compare losses from any high point for ATCL and TLDR.

Drawdown Indicators

	ATCL	TLDR	Difference
Max Drawdown Largest peak-to-trough decline	-6.08%	-0.05%	-6.03%
Current Drawdown Current decline from peak	-0.29%	-0.02%	-0.27%
Average Drawdown Average peak-to-trough decline	-0.86%	-0.01%	-0.85%

Volatility

Volatility by Period

	ATCL	TLDR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.94%	0.40%	+8.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.94%	0.40%	+8.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.94%	0.40%	+8.54%

ATCL vs. TLDR - Expense Ratio Comparison

ATCL has a 0.65% expense ratio, which is higher than TLDR's 0.20% expense ratio.

Dividends

ATCL vs. TLDR - Dividend Comparison

ATCL's dividend yield for the trailing twelve months is around 3.37%, more than TLDR's 1.22% yield.

Position	TTM
ATCL REX Autocallable Income ETF	3.37%
TLDR The Laddered T-Bill ETF	1.22%

Frequently Asked Questions

Can I hold both ATCL and TLDR in my portfolio?

ATCL and TLDR have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ATCL or TLDR?

On fees, TLDR is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ATCL or TLDR?

TLDR is cheaper with a 0.20% expense ratio, compared with 0.65% for ATCL.

Which ETF pays a higher dividend yield, ATCL or TLDR?

ATCL has the higher dividend yield at 3.37%, compared with 1.22% for TLDR.

What is the main difference between ATCL and TLDR?

ATCL is categorized as Derivative Income, while TLDR is Ultrashort Bond. Their fees differ too: 0.65% for ATCL and 0.20% for TLDR.