ATCL vs. TLTX

Last updated Jun 24, 2026

ATCL (REX Autocallable Income ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - ATCL is a Derivative Income fund actively managed by REX Shares, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.38 correlation, their price movements are largely independent. ATCL charges 0.65%/yr vs 0.29%/yr for TLTX.

Performance

ATCL vs. TLTX - Performance Comparison

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

Returns By Period

ATCL

• 1D: -0.32%
• 1M: -0.15%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -1.58%
• 1M: 2.06%
• YTD: 1.13%
• 6M: 1.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ATCL vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
ATCL REX Autocallable Income ETF	3.31%
TLTX Global X Treasury Bond Enhanced Income ETF	-1.49%

Correlation

The correlation between ATCL and TLTX is 0.38, 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 18, 2026	0.38

Return for Risk

ATCL vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Autocallable Income ETF (ATCL) 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

ATCL vs. TLTX - Drawdown Comparison

The maximum ATCL drawdown since its inception was -6.08%, roughly equal to the maximum TLTX drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for ATCL and TLTX.

Drawdown Indicators

	ATCL	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-6.08%	-6.35%	+0.27%
Current Drawdown Current decline from peak	-0.63%	-2.62%	+1.99%
Average Drawdown Average peak-to-trough decline	-0.80%	-2.29%	+1.49%

Volatility

Volatility by Period

	ATCL	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.30%	9.26%	-0.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.30%	9.26%	-0.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.30%	9.26%	-0.96%

ATCL vs. TLTX - Expense Ratio Comparison

ATCL has a 0.65% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

ATCL vs. TLTX - Dividend Comparison

ATCL's dividend yield for the trailing twelve months is around 4.58%, less than TLTX's 17.25% yield.

Position	TTM	2025
ATCL REX Autocallable Income ETF	4.58%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	17.25%	7.54%

Frequently Asked Questions

Can I hold both ATCL and TLTX in my portfolio?

ATCL and TLTX have a correlation of 0.38, 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 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, ATCL or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 0.65% for ATCL.

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

TLTX has the higher dividend yield at 17.25%, compared with 4.58% for ATCL.

What is the main difference between ATCL and TLTX?

ATCL is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: REX Shares and Global X. Their fees differ too: 0.65% for ATCL and 0.29% for TLTX.