MTYY vs. TLTX

Last updated Jun 24, 2026

MTYY (GraniteShares YieldBoost MSTR ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - MTYY is a Derivative Income fund actively managed by GraniteShares, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.05 correlation, their price movements are largely independent. MTYY charges 1.07%/yr vs 0.29%/yr for TLTX.

Performance

MTYY vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBoost MSTR ETF (MTYY) 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, MTYY achieves a -31.48% return, which is significantly lower than TLTX's 1.13% return.

MTYY

• 1D: -1.48%
• 1M: -12.36%
• YTD: -31.48%
• 6M: -34.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: -1.58%
• 1M: 2.06%
• YTD: 1.13%
• 6M: 1.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MTYY vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
MTYY GraniteShares YieldBoost MSTR ETF	-31.48%	-55.60%
TLTX Global X Treasury Bond Enhanced Income ETF	1.13%	0.65%

Correlation

The correlation between MTYY and TLTX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 23, 2025	0.05

Return for Risk

MTYY vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost MSTR ETF (MTYY) 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

MTYY vs. TLTX - Drawdown Comparison

The maximum MTYY drawdown since its inception was -69.58%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for MTYY and TLTX.

Drawdown Indicators

	MTYY	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-69.58%	-6.35%	-63.23%
Current Drawdown Current decline from peak	-69.58%	-2.62%	-66.96%
Average Drawdown Average peak-to-trough decline	-51.09%	-2.29%	-48.80%

Volatility

Volatility by Period

	MTYY	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	33.87%	9.26%	+24.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.87%	9.26%	+24.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.87%	9.26%	+24.61%

MTYY vs. TLTX - Expense Ratio Comparison

MTYY has a 1.07% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

MTYY vs. TLTX - Dividend Comparison

MTYY's dividend yield for the trailing twelve months is around 210.32%, more than TLTX's 17.25% yield.

Position	TTM	2025
MTYY GraniteShares YieldBoost MSTR ETF	210.32%	48.98%
TLTX Global X Treasury Bond Enhanced Income ETF	17.25%	7.54%

Frequently Asked Questions

Can I hold both MTYY and TLTX in my portfolio?

MTYY and TLTX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MTYY 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, MTYY or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 1.07% for MTYY.

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

MTYY has the higher dividend yield at 210.32%, compared with 17.25% for TLTX.

What is the main difference between MTYY and TLTX?

MTYY is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: GraniteShares and Global X. Their fees differ too: 1.07% for MTYY and 0.29% for TLTX.