MINY vs. TLTX

Last updated Jun 13, 2026

MINY (YieldMax Strategic Metals & Mining Portfolio Option Income ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - MINY is a Derivative Income fund actively managed by YieldMax, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. MINY charges 1.01%/yr vs 0.29%/yr for TLTX.

Performance

MINY vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY) and Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MINY

• 1D: 2.04%
• 1M: -10.23%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -0.09%
• 1M: 1.40%
• YTD: 0.43%
• 6M: 1.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MINY vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	-12.79%
TLTX Global X Treasury Bond Enhanced Income ETF	-2.59%

Correlation

The correlation between MINY and TLTX is 0.43, 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 Feb 27, 2026	0.43

Return for Risk

MINY vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Strategic Metals & Mining Portfolio Option Income ETF (MINY) 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

MINY vs. TLTX - Drawdown Comparison

The maximum MINY drawdown since its inception was -19.23%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for MINY and TLTX.

Drawdown Indicators

	MINY	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-19.23%	-6.35%	-12.88%
Current Drawdown Current decline from peak	-13.39%	-3.29%	-10.10%
Average Drawdown Average peak-to-trough decline	-8.81%	-2.30%	-6.51%

Volatility

Volatility by Period

	MINY	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	37.06%	9.08%	+27.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.06%	9.08%	+27.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.06%	9.08%	+27.98%

MINY vs. TLTX - Expense Ratio Comparison

MINY has a 1.01% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

MINY vs. TLTX - Dividend Comparison

MINY's dividend yield for the trailing twelve months is around 9.29%, less than TLTX's 15.67% yield.

Position	TTM	2025
MINY YieldMax Strategic Metals & Mining Portfolio Option Income ETF	9.29%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	15.67%	7.54%

Frequently Asked Questions

Can I hold both MINY and TLTX in my portfolio?

MINY and TLTX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MINY 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, MINY or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 1.01% for MINY.

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

TLTX has the higher dividend yield at 15.67%, compared with 9.29% for MINY.

What is the main difference between MINY and TLTX?

MINY is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: YieldMax and Global X. Their fees differ too: 1.01% for MINY and 0.29% for TLTX.