GIF vs. TLTX

Last updated Jun 6, 2026

GIF (REX Growth & Income Universe ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - GIF is a Derivative Income fund actively managed by REX, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. GIF charges 0.99%/yr vs 0.29%/yr for TLTX.

Performance

GIF vs. TLTX - Performance Comparison

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

Returns By Period

GIF

• 1D: -5.24%
• 1M: -9.43%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -0.23%
• 1M: -0.35%
• YTD: 0.01%
• 6M: -0.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GIF vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
GIF REX Growth & Income Universe ETF	-0.71%
TLTX Global X Treasury Bond Enhanced Income ETF	-2.99%

Correlation

The correlation between GIF and TLTX is 0.36, 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 27, 2026	0.36

Return for Risk

GIF vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Growth & Income Universe ETF (GIF) 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.

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

Sharpe Ratios by Period

	GIF	TLTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	0.67	-0.74

Drawdowns

GIF vs. TLTX - Drawdown Comparison

The maximum GIF drawdown since its inception was -12.61%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for GIF and TLTX.

Drawdown Indicators

	GIF	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-12.61%	-6.35%	-6.26%
Current Drawdown Current decline from peak	-11.67%	-3.69%	-7.98%
Average Drawdown Average peak-to-trough decline	-3.73%	-2.28%	-1.45%

Volatility

Volatility by Period

	GIF	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.85%	9.12%	+27.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.85%	9.12%	+27.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.85%	9.12%	+27.73%

GIF vs. TLTX - Expense Ratio Comparison

GIF has a 0.99% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

GIF vs. TLTX - Dividend Comparison

GIF's dividend yield for the trailing twelve months is around 9.40%, less than TLTX's 15.74% yield.

Position	TTM	2025
GIF REX Growth & Income Universe ETF	9.40%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	15.74%	7.54%

Frequently Asked Questions

Can I hold both GIF and TLTX in my portfolio?

GIF and TLTX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GIF 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, GIF or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 0.99% for GIF.

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

TLTX has the higher dividend yield at 15.74%, compared with 9.40% for GIF.

What is the main difference between GIF and TLTX?

GIF is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: REX and Global X. Their fees differ too: 0.99% for GIF and 0.29% for TLTX.