HOII vs. TLTX

Last updated Jun 6, 2026

HOII (REX HOOD Growth & Income ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - HOII 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 0.19 correlation, their price movements are largely independent. HOII charges 0.99%/yr vs 0.29%/yr for TLTX.

Performance

HOII vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX HOOD Growth & Income ETF (HOII) 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, HOII achieves a -29.82% return, which is significantly lower than TLTX's 0.01% return.

HOII

• 1D: -6.61%
• 1M: 5.24%
• YTD: -29.82%
• 6M: -39.56%
• 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)

HOII vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
HOII REX HOOD Growth & Income ETF	-29.82%	-20.87%
TLTX Global X Treasury Bond Enhanced Income ETF	0.01%	-2.33%

Correlation

The correlation between HOII and TLTX is 0.19, 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 5, 2025	0.19

Return for Risk

HOII vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX HOOD Growth & Income ETF (HOII) 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

	HOII	TLTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.90	0.67	-1.57

Drawdowns

HOII vs. TLTX - Drawdown Comparison

The maximum HOII drawdown since its inception was -55.38%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for HOII and TLTX.

Drawdown Indicators

	HOII	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-55.38%	-6.35%	-49.03%
Current Drawdown Current decline from peak	-47.13%	-3.69%	-43.44%
Average Drawdown Average peak-to-trough decline	-36.96%	-2.28%	-34.68%

Volatility

Volatility by Period

	HOII	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	70.87%	9.12%	+61.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.87%	9.12%	+61.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.87%	9.12%	+61.75%

HOII vs. TLTX - Expense Ratio Comparison

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

Dividends

HOII vs. TLTX - Dividend Comparison

HOII's dividend yield for the trailing twelve months is around 20.73%, more than TLTX's 15.74% yield.

Position	TTM	2025
HOII REX HOOD Growth & Income ETF	20.73%	4.41%
TLTX Global X Treasury Bond Enhanced Income ETF	15.74%	7.54%

Frequently Asked Questions

Can I hold both HOII and TLTX in my portfolio?

HOII and TLTX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HOII 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, HOII or TLTX?

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

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

HOII has the higher dividend yield at 20.73%, compared with 15.74% for TLTX.

What is the main difference between HOII and TLTX?

HOII 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 HOII and 0.29% for TLTX.