LTTI vs. TLTX

Last updated Jun 4, 2026

LTTI (FT Vest 20+ Year Treasury & Target Income ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - LTTI is a Derivative Income fund actively managed by FT Vest, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. LTTI charges 0.65%/yr vs 0.29%/yr for TLTX.

Performance

LTTI vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest 20+ Year Treasury & Target Income ETF (LTTI) 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, LTTI achieves a -1.05% return, which is significantly lower than TLTX's -0.36% return.

LTTI

• 1D: -0.18%
• 1M: 0.28%
• YTD: -1.05%
• 6M: -2.14%
• 1Y: 4.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -0.37%
• 1M: -0.19%
• YTD: -0.36%
• 6M: -1.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LTTI vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
LTTI FT Vest 20+ Year Treasury & Target Income ETF	-1.05%	4.91%
TLTX Global X Treasury Bond Enhanced Income ETF	-0.36%	5.40%

Correlation

The correlation between LTTI and TLTX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 17, 2025	0.68

Return for Risk

LTTI vs. TLTX — Risk / Return Rank

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

LTTI

LTTI Risk / Return Rank: 17
LTTI Sharpe Ratio Rank: 17
LTTI Sortino Ratio Rank: 16
LTTI Omega Ratio Rank: 16
LTTI Calmar Ratio Rank: 17
LTTI 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.

LTTI vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest 20+ Year Treasury & Target Income ETF (LTTI) 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.

	LTTI	TLTX	Difference
Sharpe ratio Return per unit of total volatility	0.50	—	—
Sortino ratio Return per unit of downside risk	0.78	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.64	—	—
Martin ratio Return relative to average drawdown	1.57	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LTTI	TLTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.63	-0.53

Drawdowns

LTTI vs. TLTX - Drawdown Comparison

The maximum LTTI drawdown since its inception was -9.02%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for LTTI and TLTX.

Drawdown Indicators

	LTTI	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-9.02%	-6.35%	-2.67%
Max Drawdown (1Y) Largest decline over 1 year	-7.08%	—	—
Current Drawdown Current decline from peak	-4.69%	-4.05%	-0.64%
Average Drawdown Average peak-to-trough decline	-3.65%	-2.27%	-1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.86%	—	—

Volatility

Volatility by Period

	LTTI	TLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.06%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.92%	9.14%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.28%	9.14%	+1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.28%	9.14%	+1.14%

LTTI vs. TLTX - Expense Ratio Comparison

LTTI has a 0.65% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

LTTI vs. TLTX - Dividend Comparison

LTTI's dividend yield for the trailing twelve months is around 9.21%, less than TLTX's 15.79% yield.

Position	TTM	2025
LTTI FT Vest 20+ Year Treasury & Target Income ETF	9.21%	7.08%
TLTX Global X Treasury Bond Enhanced Income ETF	15.79%	7.54%

Frequently Asked Questions

Can I hold both LTTI and TLTX in my portfolio?

LTTI and TLTX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LTTI 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, LTTI or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 0.65% for LTTI.

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

TLTX has the higher dividend yield at 15.79%, compared with 9.21% for LTTI.

What is the main difference between LTTI and TLTX?

LTTI is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: FT Vest and Global X. Their fees differ too: 0.65% for LTTI and 0.29% for TLTX.