BBIB vs. TLTX

Last updated Jun 26, 2026

BBIB (JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. BBIB is passively managed, while TLTX is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. BBIB charges 0.04%/yr vs 0.29%/yr for TLTX.

Performance

BBIB vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) and Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBIB achieves a 0.11% return, which is significantly lower than TLTX's 2.00% return.

BBIB

• 1D: 0.08%
• 1M: 0.55%
• YTD: 0.11%
• 6M: 0.10%
• 1Y: 2.94%
• 3Y*: 3.66%
• 5Y*: —
• 10Y*: —

TLTX

• 1D: 0.05%
• 1M: 0.16%
• YTD: 2.00%
• 6M: 1.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBIB vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
BBIB JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF	0.11%	3.57%
TLTX Global X Treasury Bond Enhanced Income ETF	2.00%	6.02%

Correlation

The correlation between BBIB and TLTX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.50

Return for Risk

BBIB vs. TLTX — Risk / Return Rank

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

BBIB

BBIB Risk / Return Rank: 24
BBIB Sharpe Ratio Rank: 25
BBIB Sortino Ratio Rank: 25
BBIB Omega Ratio Rank: 23
BBIB Calmar Ratio Rank: 23
BBIB Martin Ratio Rank: 23

TLTX

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

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.

BBIB vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) 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.

	BBIB	TLTX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	—	—
Sortino ratio: Return per unit of downside risk	1.31	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	1.05	—	—
Martin ratio: Return relative to average drawdown	2.81	—	—

Drawdowns

BBIB vs. TLTX - Drawdown Comparison

The maximum BBIB drawdown since its inception was -6.36%, roughly equal to the maximum TLTX drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for BBIB and TLTX.

Drawdown Indicators

	BBIB	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-6.36%	-6.35%	-0.01%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.31%	—	—
Current Drawdown Current decline from peak	-1.52%	-1.78%	+0.26%
Average Drawdown Average peak-to-trough decline	-1.68%	-2.29%	+0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	—	—

Volatility

Volatility by Period

	BBIB	TLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.40%	9.26%	-5.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.73%	9.26%	-4.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	9.26%	-4.53%

BBIB vs. TLTX - Expense Ratio Comparison

BBIB has a 0.04% expense ratio, which is lower than TLTX's 0.29% expense ratio.

Dividends

BBIB vs. TLTX - Dividend Comparison

BBIB's dividend yield for the trailing twelve months is around 3.90%, less than TLTX's 17.10% yield.

Position	TTM	2025	2024	2023
BBIB JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF	3.90%	3.95%	3.76%	2.69%
TLTX Global X Treasury Bond Enhanced Income ETF	17.10%	7.54%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBIB and TLTX in my portfolio?

BBIB and TLTX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBIB or TLTX?

On fees, BBIB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBIB or TLTX?

BBIB is cheaper with a 0.04% expense ratio, compared with 0.29% for TLTX.

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

TLTX has the higher dividend yield at 17.10%, compared with 3.90% for BBIB.

What is the main difference between BBIB and TLTX?

They also come from different issuers: JPMorgan and Global X. Their fees differ too: 0.04% for BBIB and 0.29% for TLTX.