METI.L vs. TLTI.L

Last updated Jun 5, 2026

METI.L (IncomeShares META Options ETP GBP) and TLTI.L (IncomeShares 20+ Year Treasury (TLT) Options ETP) are both Derivative Income funds from Leverage Shares. Both are actively managed. Both charge a 0.55% expense ratio.

Performance

METI.L vs. TLTI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in IncomeShares META Options ETP GBP (METI.L) and IncomeShares 20+ Year Treasury (TLT) Options ETP (TLTI.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

METI.L is traded in GBp, while TLTI.L is traded in USD. To make them comparable, the TLTI.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

METI.L

• 1D: 4.75%
• 1M: 6.66%
• YTD: -17.17%
• 6M: -16.92%
• 1Y: -21.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTI.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

METI.L vs. TLTI.L — Risk / Return Rank

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

METI.L

METI.L Risk / Return Rank: 4
METI.L Sharpe Ratio Rank: 3
METI.L Sortino Ratio Rank: 4
METI.L Omega Ratio Rank: 3
METI.L Calmar Ratio Rank: 4
METI.L Martin Ratio Rank: 4

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.

METI.L vs. TLTI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares META Options ETP GBP (METI.L) and IncomeShares 20+ Year Treasury (TLT) Options ETP (TLTI.L). 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.

	METI.L	TLTI.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	—	—
Sortino ratio: Return per unit of downside risk	-0.86	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.56	—	—
Martin ratio: Return relative to average drawdown	-1.06	—	—
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

	METI.L	TLTI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	—	—

Drawdowns

Drawdown Indicators

	METI.L	TLTI.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.37%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-38.70%	—	—
Current Drawdown Current decline from peak	-34.12%	—	—
Average Drawdown Average peak-to-trough decline	-16.47%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	20.38%	—	—

Volatility

Volatility by Period

	METI.L	TLTI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.69%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.01%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.67%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.67%	—	—

METI.L vs. TLTI.L - Expense Ratio Comparison

Both METI.L and TLTI.L have an expense ratio of 0.55%.

Dividends

METI.L vs. TLTI.L - Dividend Comparison

METI.L's dividend yield for the trailing twelve months is around 18.64%, while TLTI.L has not paid dividends to shareholders.

Position	TTM	2025	2024
METI.L IncomeShares META Options ETP GBP	18.64%	20.59%	3.05%
TLTI.L IncomeShares 20+ Year Treasury (TLT) Options ETP	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, METI.L or TLTI.L?

Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METI.L or TLTI.L?

METI.L and TLTI.L have the same expense ratio: 0.55% per year.