LFDR vs. TLTX

Last updated Jul 17, 2026

LFDR (LifeX Durable Income ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. Both are actively managed. Over the past year, LFDR returned 3.31% vs 3.72% for TLTX. A 0.66 correlation means they provide meaningful diversification when combined. LFDR charges 0.25%/yr vs 0.29%/yr for TLTX.

Performance

LFDR vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LifeX Durable Income ETF (LFDR) 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, LFDR achieves a -1.12% return, which is significantly higher than TLTX's -1.59% return.

LFDR

• 1D: -0.08%
• 1M: -1.72%
• 6M: -2.05%
• YTD: -1.12%
• 1Y: 3.31%
• 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)

LFDR vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
LFDR LifeX Durable Income ETF	-1.12%	4.60%
TLTX Global X Treasury Bond Enhanced Income ETF	-1.59%	6.02%

Correlation

The correlation between LFDR and TLTX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.66

The correlation between LFDR and TLTX has been stable across timeframes, ranging from 0.66 to 0.66 - a consistent structural relationship.

Return for Risk

LFDR vs. TLTX — Risk / Return Rank

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

LFDR

LFDR Risk / Return Rank: 16
LFDR Sharpe Ratio Rank: 17
LFDR Sortino Ratio Rank: 15
LFDR Omega Ratio Rank: 14
LFDR Calmar Ratio Rank: 16
LFDR Martin Ratio Rank: 16

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.

LFDR vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LifeX Durable Income ETF (LFDR) 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.

	LFDR	TLTX	Difference
Sharpe ratio: Return per unit of total volatility	0.41	0.40	+0.01
Sortino ratio: Return per unit of downside risk	0.65	0.64	+0.01
Omega ratio: Gain probability vs. loss probability	1.07	1.08	0.00
Calmar ratio: Return relative to maximum drawdown	0.49	0.59	-0.10
Martin ratio: Return relative to average drawdown	1.17	1.32	-0.15

LFDR vs. TLTX - Sharpe Ratio Comparison

The current LFDR Sharpe Ratio is 0.41, which is comparable to the TLTX Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of LFDR 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

LFDR vs. TLTX - Drawdown Comparison

The maximum LFDR drawdown since its inception was -7.77%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for LFDR and TLTX.

Drawdown Indicators

	LFDR	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-7.77%	-6.35%	-1.42%
Max Drawdown (1Y) Largest decline over 1 year	-6.75%	-6.35%	-0.40%
Current Drawdown Current decline from peak	-4.83%	-5.23%	+0.40%
Average Drawdown Average peak-to-trough decline	-3.00%	-2.38%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	2.83%	0.00%

Volatility

LFDR vs. TLTX - Volatility Comparison

The current volatility for LifeX Durable Income ETF (LFDR) is 2.26%, while Global X Treasury Bond Enhanced Income ETF (TLTX) has a volatility of 2.87%. This indicates that LFDR experiences smaller price fluctuations and is considered to be less risky than TLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFDR	TLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.26%	2.87%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	5.99%	6.92%	-0.93%
Volatility (1Y) Calculated over the trailing 1-year period	8.08%	9.24%	-1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.48%	9.24%	+0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.48%	9.24%	+0.24%

LFDR vs. TLTX - Expense Ratio Comparison

LFDR has a 0.25% expense ratio, which is lower than TLTX's 0.29% expense ratio.

Dividends

LFDR vs. TLTX - Dividend Comparison

LFDR's dividend yield for the trailing twelve months is around 8.32%, less than TLTX's 17.73% yield.

Position	TTM	2025
LFDR LifeX Durable Income ETF	8.32%	13.10%
TLTX Global X Treasury Bond Enhanced Income ETF	17.73%	7.54%

Frequently Asked Questions

Can I hold both LFDR and TLTX in my portfolio?

LFDR and TLTX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFDR or TLTX?

TLTX has higher volatility (2.87%) compared to LFDR (2.26%). In terms of maximum drawdown, LFDR dropped -7.77% vs TLTX's -6.35%.

Which ETF is better, LFDR or TLTX?

On 1-year performance, TLTX leads with 3.72% vs 3.31% for LFDR. On fees, LFDR is cheaper at 0.25% per year. On volatility, LFDR has been the lower-risk option at 2.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LFDR or TLTX?

Over the 1-year period, TLTX has performed better with a 3.72% return vs 3.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LFDR or TLTX?

LFDR is cheaper with a 0.25% expense ratio, compared with 0.29% for TLTX.

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

TLTX has the higher dividend yield at 17.73%, compared with 8.32% for LFDR.

What is the main difference between LFDR and TLTX?

They also come from different issuers: Stone Ridge and Global X. Their fees differ too: 0.25% for LFDR and 0.29% for TLTX.

Which has better risk-adjusted returns?

LFDR currently has the higher Sharpe Ratio (0.41 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.