ESK vs. TLDR

Last updated Jun 23, 2026

ESK (REX-Osprey ETH + Staking ETF) and TLDR (The Laddered T-Bill ETF) are both exchange-traded funds - ESK is a Cryptocurrency 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 -0.16, they often move in opposite directions. ESK charges 0.75%/yr vs 0.20%/yr for TLDR.

Performance

ESK vs. TLDR - Performance Comparison

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

Returns By Period

ESK

• 1D: 0.00%
• 1M: -20.83%
• YTD: -44.38%
• 6M: -44.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLDR

• 1D: 0.00%
• 1M: 0.29%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESK vs. TLDR - Yearly Performance Comparison

	2026 (YTD)
ESK REX-Osprey ETH + Staking ETF	-44.82%
TLDR The Laddered T-Bill ETF	1.39%

Correlation

The correlation between ESK and TLDR is -0.16, 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 Jan 21, 2026	-0.16

Return for Risk

ESK vs. TLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX-Osprey ETH + Staking ETF (ESK) 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.

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

ESK vs. TLDR - Drawdown Comparison

The maximum ESK drawdown since its inception was -66.25%, which is greater than TLDR's maximum drawdown of -0.05%. Use the drawdown chart below to compare losses from any high point for ESK and TLDR.

Drawdown Indicators

	ESK	TLDR	Difference
Max Drawdown Largest peak-to-trough decline	-66.25%	-0.05%	-66.20%
Current Drawdown Current decline from peak	-64.43%	0.00%	-64.43%
Average Drawdown Average peak-to-trough decline	-41.53%	-0.01%	-41.52%

Volatility

Volatility by Period

	ESK	TLDR	Difference
Volatility (1Y) Calculated over the trailing 1-year period	66.82%	0.38%	+66.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.82%	0.38%	+66.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.82%	0.38%	+66.44%

ESK vs. TLDR - Expense Ratio Comparison

ESK has a 0.75% expense ratio, which is higher than TLDR's 0.20% expense ratio.

Dividends

ESK vs. TLDR - Dividend Comparison

ESK's dividend yield for the trailing twelve months is around 1.06%, less than TLDR's 1.36% yield.

Position	TTM	2025
ESK REX-Osprey ETH + Staking ETF	1.06%	0.30%
TLDR The Laddered T-Bill ETF	1.36%	0.00%

Frequently Asked Questions

Can I hold both ESK and TLDR in my portfolio?

ESK and TLDR have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ESK 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, ESK or TLDR?

TLDR is cheaper with a 0.20% expense ratio, compared with 0.75% for ESK.

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

TLDR has the higher dividend yield at 1.36%, compared with 1.06% for ESK.

What is the main difference between ESK and TLDR?

ESK is categorized as Cryptocurrency, while TLDR is Ultrashort Bond. Their fees differ too: 0.75% for ESK and 0.20% for TLDR.