KIQQ vs. TLTX

Last updated Jun 6, 2026

KIQQ (KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - KIQQ is a Derivative Income fund actively managed by KraneShares, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. KIQQ charges 0.79%/yr vs 0.29%/yr for TLTX.

Performance

KIQQ vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF (KIQQ) and Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KIQQ

• 1D: -3.57%
• 1M: 0.99%
• 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)

KIQQ vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF	6.53%
TLTX Global X Treasury Bond Enhanced Income ETF	0.23%

Correlation

The correlation between KIQQ and TLTX is 0.31, 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 Jan 8, 2026	0.31

Return for Risk

KIQQ vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF (KIQQ) 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

	KIQQ	TLTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.16	0.67	+0.48

Drawdowns

KIQQ vs. TLTX - Drawdown Comparison

The maximum KIQQ drawdown since its inception was -8.89%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for KIQQ and TLTX.

Drawdown Indicators

	KIQQ	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-8.89%	-6.35%	-2.54%
Current Drawdown Current decline from peak	-4.01%	-3.69%	-0.32%
Average Drawdown Average peak-to-trough decline	-2.44%	-2.28%	-0.16%

Volatility

Volatility by Period

	KIQQ	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.55%	9.12%	+5.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.55%	9.12%	+5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.55%	9.12%	+5.43%

KIQQ vs. TLTX - Expense Ratio Comparison

KIQQ has a 0.79% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

KIQQ vs. TLTX - Dividend Comparison

KIQQ's dividend yield for the trailing twelve months is around 3.66%, less than TLTX's 15.74% yield.

Position	TTM	2025
KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF	3.66%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	15.74%	7.54%

Frequently Asked Questions

Can I hold both KIQQ and TLTX in my portfolio?

KIQQ and TLTX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KIQQ 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, KIQQ or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 0.79% for KIQQ.

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

TLTX has the higher dividend yield at 15.74%, compared with 3.66% for KIQQ.

What is the main difference between KIQQ and TLTX?

KIQQ is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: KraneShares and Global X. Their fees differ too: 0.79% for KIQQ and 0.29% for TLTX.