CMBO vs. TRSY

Last updated Jun 26, 2026

CMBO (Wayfinder Dynamic U.S. Interest Rate ETF) and TRSY (Xtrackers US 0-1 Year Treasury ETF) are both exchange-traded funds - CMBO is a Ultrashort Bond fund actively managed by Wayfinder, while TRSY is a Government Bonds fund tracking the ICE U.S. Treasury Short Bond Index. CMBO is actively managed, while TRSY is passively managed. At a 0.27 correlation, their price movements are largely independent. CMBO charges 0.15%/yr vs 0.06%/yr for TRSY.

Performance

CMBO vs. TRSY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wayfinder Dynamic U.S. Interest Rate ETF (CMBO) 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, CMBO achieves a 1.82% return, which is significantly higher than TRSY's 1.65% return.

CMBO

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.82%
• 6M: 1.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRSY

• 1D: 0.00%
• 1M: 0.27%
• YTD: 1.65%
• 6M: 1.72%
• 1Y: 3.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CMBO vs. TRSY - Yearly Performance Comparison

	2026 (YTD)	2025
CMBO Wayfinder Dynamic U.S. Interest Rate ETF	1.82%	0.55%
TRSY Xtrackers US 0-1 Year Treasury ETF	1.65%	0.65%

Correlation

The correlation between CMBO and TRSY is 0.27, 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 Nov 4, 2025	0.27

Return for Risk

CMBO vs. TRSY — Risk / Return Rank

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

CMBO

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

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: 100
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.

CMBO vs. TRSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wayfinder Dynamic U.S. Interest Rate ETF (CMBO) 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.

	CMBO	TRSY	Difference
Sharpe ratio: Return per unit of total volatility	—	10.07	—
Sortino ratio: Return per unit of downside risk	—	25.97	—
Omega ratio: Gain probability vs. loss probability	—	6.16	—
Calmar ratio: Return relative to maximum drawdown	—	58.82	—
Martin ratio: Return relative to average drawdown	—	353.48	—

Drawdowns

CMBO vs. TRSY - Drawdown Comparison

The maximum CMBO drawdown since its inception was -0.22%, smaller than the maximum TRSY drawdown of -0.82%. Use the drawdown chart below to compare losses from any high point for CMBO and TRSY.

Drawdown Indicators

	CMBO	TRSY	Difference
Max Drawdown Largest peak-to-trough decline	-0.22%	-0.82%	+0.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.07%	—
Current Drawdown Current decline from peak	0.00%	-0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.01%	-0.06%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	CMBO	TRSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.37%	0.39%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.37%	1.09%	-0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.37%	1.09%	-0.72%

CMBO vs. TRSY - Expense Ratio Comparison

CMBO has a 0.15% expense ratio, which is higher than TRSY's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CMBO vs. TRSY - Dividend Comparison

CMBO has not paid dividends to shareholders, while TRSY's dividend yield for the trailing twelve months is around 3.72%.

Position	TTM	2025	2024
CMBO Wayfinder Dynamic U.S. Interest Rate ETF	0.00%	0.00%	0.00%
TRSY Xtrackers US 0-1 Year Treasury ETF	3.72%	4.00%	0.96%

Frequently Asked Questions

Can I hold both CMBO and TRSY in my portfolio?

CMBO and TRSY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CMBO or TRSY?

On fees, TRSY is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CMBO or TRSY?

TRSY is cheaper with a 0.06% expense ratio, compared with 0.15% for CMBO.

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

TRSY has the higher dividend yield at 3.72%, compared with 0.00% for CMBO.

What is the main difference between CMBO and TRSY?

CMBO is categorized as Ultrashort Bond, while TRSY is Government Bonds. They also come from different issuers: Wayfinder and Xtrackers. Their fees differ too: 0.15% for CMBO and 0.06% for TRSY.