NUKX vs. TLTX

Last updated Jun 25, 2026

NUKX (Nicholas Nuclear Income ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - NUKX is a Derivative Income fund actively managed by Nicholas Wealth, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. NUKX charges 1.07%/yr vs 0.29%/yr for TLTX.

Performance

NUKX vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Nuclear Income ETF (NUKX) and Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NUKX

• 1D: -2.65%
• 1M: -7.62%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: 0.82%
• 1M: 2.89%
• YTD: 1.95%
• 6M: 1.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NUKX vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
NUKX Nicholas Nuclear Income ETF	-13.35%
TLTX Global X Treasury Bond Enhanced Income ETF	-1.45%

Correlation

The correlation between NUKX and TLTX is 0.42, 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 Mar 3, 2026	0.42

Return for Risk

NUKX vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Nuclear Income ETF (NUKX) 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

NUKX vs. TLTX - Drawdown Comparison

The maximum NUKX drawdown since its inception was -26.54%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for NUKX and TLTX.

Drawdown Indicators

	NUKX	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-26.54%	-6.35%	-20.19%
Current Drawdown Current decline from peak	-20.30%	-1.82%	-18.48%
Average Drawdown Average peak-to-trough decline	-9.12%	-2.29%	-6.83%

Volatility

Volatility by Period

	NUKX	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	52.18%	9.28%	+42.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.18%	9.28%	+42.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.18%	9.28%	+42.90%

NUKX vs. TLTX - Expense Ratio Comparison

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

Dividends

NUKX vs. TLTX - Dividend Comparison

NUKX's dividend yield for the trailing twelve months is around 4.95%, less than TLTX's 17.11% yield.

Position	TTM	2025
NUKX Nicholas Nuclear Income ETF	4.95%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	17.11%	7.54%

Frequently Asked Questions

Can I hold both NUKX and TLTX in my portfolio?

NUKX and TLTX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NUKX 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, NUKX or TLTX?

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

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

TLTX has the higher dividend yield at 17.11%, compared with 4.95% for NUKX.

What is the main difference between NUKX and TLTX?

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