GOOP vs. TLTX

Last updated Jul 17, 2026

GOOP (Kurv Yield Premium Strategy Google ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - GOOP is a Derivative Income fund actively managed by Kurv, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. Over the past year, GOOP returned 74.04% vs 3.72% for TLTX. At a 0.15 correlation, their price movements are largely independent. GOOP charges 0.99%/yr vs 0.29%/yr for TLTX.

Performance

GOOP vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Yield Premium Strategy Google ETF (GOOP) 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, GOOP achieves a 10.49% return, which is significantly higher than TLTX's -1.59% return.

GOOP

• 1D: -4.94%
• 1M: -5.73%
• 6M: 5.36%
• YTD: 10.49%
• 1Y: 74.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -0.20%
• 1M: -3.45%
• 6M: -2.30%
• YTD: -1.59%
• 1Y: 3.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOOP vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
GOOP Kurv Yield Premium Strategy Google ETF	10.49%	57.77%
TLTX Global X Treasury Bond Enhanced Income ETF	-1.59%	6.02%

Correlation

The correlation between GOOP and TLTX is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.15

Return for Risk

GOOP vs. TLTX — Risk / Return Rank

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

GOOP

GOOP Risk / Return Rank: 83
GOOP Sharpe Ratio Rank: 91
GOOP Sortino Ratio Rank: 90
GOOP Omega Ratio Rank: 88
GOOP Calmar Ratio Rank: 77
GOOP Martin Ratio Rank: 71

TLTX

TLTX Risk / Return Rank: 16
TLTX Sharpe Ratio Rank: 17
TLTX Sortino Ratio Rank: 15
TLTX Omega Ratio Rank: 15
TLTX Calmar Ratio Rank: 18
TLTX Martin Ratio Rank: 17

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.

GOOP vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Yield Premium Strategy Google ETF (GOOP) 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.

	GOOP	TLTX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	0.40	+2.07
Sortino ratio: Return per unit of downside risk	3.39	0.64	+2.74
Omega ratio: Gain probability vs. loss probability	1.43	1.08	+0.35
Calmar ratio: Return relative to maximum drawdown	3.19	0.59	+2.60
Martin ratio: Return relative to average drawdown	10.16	1.32	+8.84

GOOP vs. TLTX - Sharpe Ratio Comparison

The current GOOP Sharpe Ratio is 2.48, which is higher than the TLTX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of GOOP and TLTX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GOOP vs. TLTX - Drawdown Comparison

The maximum GOOP drawdown since its inception was -27.49%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for GOOP and TLTX.

Drawdown Indicators

	GOOP	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-27.49%	-6.35%	-21.14%
Max Drawdown (1Y) Largest decline over 1 year	-23.32%	-6.35%	-16.97%
Current Drawdown Current decline from peak	-13.37%	-5.23%	-8.14%
Average Drawdown Average peak-to-trough decline	-6.52%	-2.38%	-4.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.31%	2.83%	+4.48%

Volatility

GOOP vs. TLTX - Volatility Comparison

Kurv Yield Premium Strategy Google ETF (GOOP) has a higher volatility of 11.45% compared to Global X Treasury Bond Enhanced Income ETF (TLTX) at 2.87%. This indicates that GOOP's price experiences larger fluctuations and is considered to be riskier than TLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOOP	TLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.45%	2.87%	+8.58%
Volatility (6M) Calculated over the trailing 6-month period	25.01%	6.92%	+18.09%
Volatility (1Y) Calculated over the trailing 1-year period	30.04%	9.24%	+20.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.48%	9.24%	+17.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.48%	9.24%	+17.24%

GOOP vs. TLTX - Expense Ratio Comparison

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

Dividends

GOOP vs. TLTX - Dividend Comparison

GOOP's dividend yield for the trailing twelve months is around 11.97%, less than TLTX's 17.73% yield.

Position	TTM	2025	2024	2023
GOOP Kurv Yield Premium Strategy Google ETF	11.97%	11.79%	13.73%	2.06%
TLTX Global X Treasury Bond Enhanced Income ETF	17.73%	7.54%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOOP and TLTX in my portfolio?

GOOP and TLTX have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOP or TLTX?

GOOP has higher volatility (11.45%) compared to TLTX (2.87%). In terms of maximum drawdown, GOOP dropped -27.49% vs TLTX's -6.35%.

Which ETF is better, GOOP or TLTX?

On 1-year performance, GOOP leads with 74.04% vs 3.72% for TLTX. On fees, TLTX is cheaper at 0.29% per year. On volatility, TLTX has been the lower-risk option at 2.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOP or TLTX?

Over the 1-year period, GOOP has performed better with a 74.04% return vs 3.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOP or TLTX?

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

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

TLTX has the higher dividend yield at 17.73%, compared with 11.97% for GOOP.

What is the main difference between GOOP and TLTX?

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

Which has better risk-adjusted returns?

GOOP currently has the higher Sharpe Ratio (2.48 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.