SLDR vs. SDSI

Last updated Apr 17, 2026

SLDR (Global X Short-Term Treasury Ladder ETF) and SDSI (American Century Short Duration Strategic Income ETF) are both exchange-traded funds — SLDR is a Government Bonds fund tracking the FTSE US Treasury 1-3 Years Laddered Bond Index, while SDSI is a Short-Term Bond fund tracking the Bloomberg U.S. 1-3 Year Government/Credit Bond Index. Both are passively managed. Over the past year, SLDR returned 3.32% vs 6.15% for SDSI. A 0.59 correlation means they provide meaningful diversification when combined. SLDR charges 0.12%/yr vs 0.33%/yr for SDSI.

Performance

SLDR vs. SDSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Short-Term Treasury Ladder ETF (SLDR) and American Century Short Duration Strategic Income ETF (SDSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SLDR achieves a 0.28% return, which is significantly lower than SDSI's 0.84% return.

SLDR

• 1D: -0.03%
• 1M: 0.08%
• YTD: 0.28%
• 6M: 1.03%
• 1Y: 3.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDSI

• 1D: -0.05%
• 1M: 0.52%
• YTD: 0.84%
• 6M: 1.84%
• 1Y: 6.15%
• 3Y*: 5.67%
• 5Y*: —
• 10Y*: —

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

SLDR vs. SDSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SLDR Global X Short-Term Treasury Ladder ETF	0.28%	4.60%	0.61%
SDSI American Century Short Duration Strategic Income ETF	0.84%	6.54%	0.11%

Correlation

The correlation between SLDR and SDSI is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.59

The correlation between SLDR and SDSI has been stable across timeframes, ranging from 0.59 to 0.62 — a consistent structural relationship.

Return for Risk

SLDR vs. SDSI — Risk / Return Rank

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

SLDR

SLDR Risk / Return Rank: 79
SLDR Sharpe Ratio Rank: 74
SLDR Sortino Ratio Rank: 85
SLDR Omega Ratio Rank: 92
SLDR Calmar Ratio Rank: 71
SLDR Martin Ratio Rank: 75

SDSI

SDSI Risk / Return Rank: 93
SDSI Sharpe Ratio Rank: 94
SDSI Sortino Ratio Rank: 96
SDSI Omega Ratio Rank: 95
SDSI Calmar Ratio Rank: 88
SDSI Martin Ratio Rank: 92

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.

SLDR vs. SDSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Short-Term Treasury Ladder ETF (SLDR) and American Century Short Duration Strategic Income ETF (SDSI). 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.

	SLDR	SDSI	Difference
Sharpe ratio Return per unit of total volatility	2.69	3.64	-0.95
Sortino ratio Return per unit of downside risk	4.24	5.73	-1.49
Omega ratio Gain probability vs. loss probability	1.67	1.77	-0.10
Calmar ratio Return relative to maximum drawdown	3.94	5.51	-1.57
Martin ratio Return relative to average drawdown	15.83	25.14	-9.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SLDR vs. SDSI - Sharpe Ratio Comparison

The current SLDR Sharpe Ratio is 2.69, which is comparable to the SDSI Sharpe Ratio of 3.64. The chart below compares the historical Sharpe Ratios of SLDR and SDSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SLDR	SDSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.69	3.64	-0.95
Sharpe Ratio (All Time) Calculated using the full available price history	2.81	2.62	+0.19

Drawdowns

SLDR vs. SDSI - Drawdown Comparison

The maximum SLDR drawdown since its inception was -0.87%, smaller than the maximum SDSI drawdown of -1.29%. Use the drawdown chart below to compare losses from any high point for SLDR and SDSI.

Drawdown Indicators

	SLDR	SDSI	Difference
Max Drawdown Largest peak-to-trough decline	-0.87%	-1.29%	+0.42%
Max Drawdown (1Y) Largest decline over 1 year	-0.87%	-1.17%	+0.30%
Current Drawdown Current decline from peak	-0.31%	-0.09%	-0.22%
Average Drawdown Average peak-to-trough decline	-0.12%	-0.25%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.26%	-0.04%

Volatility

SLDR vs. SDSI - Volatility Comparison

The current volatility for Global X Short-Term Treasury Ladder ETF (SLDR) is 0.48%, while American Century Short Duration Strategic Income ETF (SDSI) has a volatility of 0.76%. This indicates that SLDR experiences smaller price fluctuations and is considered to be less risky than SDSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLDR	SDSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.48%	0.76%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	0.64%	1.19%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	1.25%	1.71%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.23%	2.31%	-1.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.23%	2.31%	-1.08%

SLDR vs. SDSI - Expense Ratio Comparison

SLDR has a 0.12% expense ratio, which is lower than SDSI's 0.33% expense ratio.

Dividends

SLDR vs. SDSI - Dividend Comparison

SLDR's dividend yield for the trailing twelve months is around 3.75%, less than SDSI's 4.96% yield.

	TTM	2025	2024	2023	2022
SLDR Global X Short-Term Treasury Ladder ETF	3.75%	3.80%	0.98%	0.00%	0.00%
SDSI American Century Short Duration Strategic Income ETF	4.96%	4.91%	5.49%	5.37%	0.98%