MAGO vs. TLTX

Last updated Jul 14, 2026

MAGO (Tuttle Capital Magnificent 7 Income Blast ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - MAGO is a Derivative Income fund actively managed by Tuttle, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.18 correlation, their price movements are largely independent. MAGO charges 0.99%/yr vs 0.29%/yr for TLTX.

Performance

MAGO vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) 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, MAGO achieves a 0.70% return, which is significantly higher than TLTX's -1.32% return.

MAGO

• 1D: 0.00%
• 1M: 4.08%
• 6M: 0.67%
• YTD: 0.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -0.13%
• 1M: -1.75%
• 6M: -1.26%
• YTD: -1.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAGO vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	0.70%	-0.88%
TLTX Global X Treasury Bond Enhanced Income ETF	-1.32%	-0.38%

Correlation

The correlation between MAGO and TLTX is 0.18, 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 Dec 30, 2025	0.18

Return for Risk

MAGO vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

MAGO vs. TLTX - Drawdown Comparison

The maximum MAGO drawdown since its inception was -18.21%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for MAGO and TLTX.

Drawdown Indicators

	MAGO	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-18.21%	-6.35%	-11.86%
Current Drawdown Current decline from peak	-6.17%	-4.98%	-1.19%
Average Drawdown Average peak-to-trough decline	-6.08%	-2.34%	-3.74%

Volatility

Volatility by Period

	MAGO	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.50%	9.29%	+15.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.50%	9.29%	+15.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.50%	9.29%	+15.21%

MAGO vs. TLTX - Expense Ratio Comparison

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

Dividends

MAGO vs. TLTX - Dividend Comparison

MAGO's dividend yield for the trailing twelve months is around 8.49%, less than TLTX's 17.68% yield.

Position	TTM	2025
MAGO Tuttle Capital Magnificent 7 Income Blast ETF	8.49%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	17.68%	7.54%

Frequently Asked Questions

Can I hold both MAGO and TLTX in my portfolio?

MAGO and TLTX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAGO 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, MAGO or TLTX?

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

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

TLTX has the higher dividend yield at 17.68%, compared with 8.49% for MAGO.

What is the main difference between MAGO and TLTX?

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