ETU vs. TLDR

Last updated Jun 23, 2026

ETU (T-Rex 2X Long Ether Daily Target ETF) and TLDR (The Laddered T-Bill ETF) are both exchange-traded funds - ETU is a Leveraged 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 -0.21, they often move in opposite directions. ETU charges 0.95%/yr vs 0.20%/yr for TLDR.

Performance

ETU vs. TLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Ether Daily Target ETF (ETU) and The Laddered T-Bill ETF (TLDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ETU

• 1D: 3.08%
• 1M: -32.85%
• YTD: -74.50%
• 6M: -74.81%
• 1Y: -72.96%
• 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)

ETU vs. TLDR - Yearly Performance Comparison

	2026 (YTD)
ETU T-Rex 2X Long Ether Daily Target ETF	-74.48%
TLDR The Laddered T-Bill ETF	1.39%

Correlation

The correlation between ETU and TLDR is -0.21, 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	-0.21

Return for Risk

ETU vs. TLDR — Risk / Return Rank

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

ETU

ETU Risk / Return Rank: 4
ETU Sharpe Ratio Rank: 5
ETU Sortino Ratio Rank: 6
ETU Omega Ratio Rank: 6
ETU Calmar Ratio Rank: 2
ETU Martin Ratio Rank: 3

TLDR

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.

ETU vs. TLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Ether Daily Target ETF (ETU) 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.

	ETU	TLDR	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	—	—
Sortino ratio: Return per unit of downside risk	-0.37	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.78	—	—
Martin ratio: Return relative to average drawdown	-1.12	—	—

Drawdowns

ETU vs. TLDR - Drawdown Comparison

The maximum ETU drawdown since its inception was -94.77%, which is greater than TLDR's maximum drawdown of -0.05%. Use the drawdown chart below to compare losses from any high point for ETU and TLDR.

Drawdown Indicators

	ETU	TLDR	Difference
Max Drawdown Largest peak-to-trough decline	-94.77%	-0.05%	-94.72%
Max Drawdown (1Y) Largest decline over 1 year	-93.62%	—	—
Current Drawdown Current decline from peak	-93.79%	0.00%	-93.79%
Average Drawdown Average peak-to-trough decline	-63.16%	-0.01%	-63.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	64.99%	—	—

Volatility

Volatility by Period

	ETU	TLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	94.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	138.07%	0.38%	+137.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.29%	0.38%	+145.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.29%	0.38%	+145.91%

ETU vs. TLDR - Expense Ratio Comparison

ETU has a 0.95% expense ratio, which is higher than TLDR's 0.20% expense ratio.

Dividends

ETU vs. TLDR - Dividend Comparison

ETU's dividend yield for the trailing twelve months is around 0.01%, less than TLDR's 1.36% yield.

Position	TTM	2025	2024
ETU T-Rex 2X Long Ether Daily Target ETF	0.01%	0.00%	0.05%
TLDR The Laddered T-Bill ETF	1.36%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ETU and TLDR in my portfolio?

ETU and TLDR have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ETU 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, ETU or TLDR?

TLDR is cheaper with a 0.20% expense ratio, compared with 0.95% for ETU.

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

TLDR has the higher dividend yield at 1.36%, compared with 0.01% for ETU.

What is the main difference between ETU and TLDR?

ETU is categorized as Leveraged Cryptocurrency, while TLDR is Ultrashort Bond. Their fees differ too: 0.95% for ETU and 0.20% for TLDR.