SLDR vs. SJLD

Last updated Jun 4, 2026

SLDR (Global X Short-Term Treasury Ladder ETF) and SJLD (SanJac Alpha Low Duration ETF) are both exchange-traded funds - SLDR is a Government Bonds fund tracking the FTSE US Treasury 1-3 Years Laddered Bond Index, while SJLD is a Short-Term Bond fund actively managed by SanJac Alpha. SLDR is passively managed, while SJLD is actively managed. Over the past year, SLDR returned 3.14% vs 4.97% for SJLD. At a 0.36 correlation, their price movements are largely independent. SLDR charges 0.12%/yr vs 0.35%/yr for SJLD.

Performance

SLDR vs. SJLD - Performance Comparison

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

Returns By Period

In the year-to-date period, SLDR achieves a 0.31% return, which is significantly lower than SJLD's 1.75% return.

SLDR

• 1D: -0.04%
• 1M: 0.13%
• YTD: 0.31%
• 6M: 0.69%
• 1Y: 3.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SJLD

• 1D: -0.04%
• 1M: 0.06%
• YTD: 1.75%
• 6M: 1.82%
• 1Y: 4.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLDR vs. SJLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SLDR Global X Short-Term Treasury Ladder ETF	0.31%	4.60%	0.61%
SJLD SanJac Alpha Low Duration ETF	1.75%	5.20%	0.91%

Correlation

The correlation between SLDR and SJLD is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.36

Return for Risk

SLDR vs. SJLD — Risk / Return Rank

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

SLDR

SLDR Risk / Return Rank: 81
SLDR Sharpe Ratio Rank: 78
SLDR Sortino Ratio Rank: 88
SLDR Omega Ratio Rank: 92
SLDR Calmar Ratio Rank: 73
SLDR Martin Ratio Rank: 74

SJLD

SJLD Risk / Return Rank: 87
SJLD Sharpe Ratio Rank: 78
SJLD Sortino Ratio Rank: 90
SJLD Omega Ratio Rank: 92
SJLD Calmar Ratio Rank: 86
SJLD Martin Ratio Rank: 91

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. SJLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Short-Term Treasury Ladder ETF (SLDR) and SanJac Alpha Low Duration ETF (SJLD). 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	SJLD	Difference
Sharpe ratio: Return per unit of total volatility	2.51	2.52	-0.01
Sortino ratio: Return per unit of downside risk	4.03	4.15	-0.12
Omega ratio: Gain probability vs. loss probability	1.62	1.62	0.00
Calmar ratio: Return relative to maximum drawdown	3.61	4.78	-1.17
Martin ratio: Return relative to average drawdown	13.93	21.98	-8.05
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. SJLD - Sharpe Ratio Comparison

The current SLDR Sharpe Ratio is 2.51, which is comparable to the SJLD Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of SLDR and SJLD, 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	SJLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.52	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	2.58	2.36	+0.23

Drawdowns

SLDR vs. SJLD - Drawdown Comparison

The maximum SLDR drawdown since its inception was -0.87%, smaller than the maximum SJLD drawdown of -1.04%. Use the drawdown chart below to compare losses from any high point for SLDR and SJLD.

Drawdown Indicators

	SLDR	SJLD	Difference
Max Drawdown Largest peak-to-trough decline	-0.87%	-1.04%	+0.17%
Max Drawdown (1Y) Largest decline over 1 year	-0.87%	-1.04%	+0.17%
Current Drawdown Current decline from peak	-0.28%	-0.08%	-0.20%
Average Drawdown Average peak-to-trough decline	-0.14%	-0.12%	-0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.23%	0.23%	0.00%

Volatility

SLDR vs. SJLD - Volatility Comparison

Global X Short-Term Treasury Ladder ETF (SLDR) has a higher volatility of 0.37% compared to SanJac Alpha Low Duration ETF (SJLD) at 0.31%. This indicates that SLDR's price experiences larger fluctuations and is considered to be riskier than SJLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SLDR	SJLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.37%	0.31%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	0.78%	1.17%	-0.39%
Volatility (1Y) Calculated over the trailing 1-year period	1.25%	1.99%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.24%	1.95%	-0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.24%	1.95%	-0.71%

SLDR vs. SJLD - Expense Ratio Comparison

SLDR has a 0.12% expense ratio, which is lower than SJLD's 0.35% expense ratio.

Dividends

SLDR vs. SJLD - Dividend Comparison

SLDR's dividend yield for the trailing twelve months is around 3.72%, less than SJLD's 3.96% yield.

Position	TTM	2025	2024
SJLD SanJac Alpha Low Duration ETF	3.96%	3.74%	1.26%
SLDR Global X Short-Term Treasury Ladder ETF	3.72%	3.80%	0.98%

Frequently Asked Questions

Can I hold both SLDR and SJLD in my portfolio?

SLDR and SJLD have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SLDR or SJLD?

SLDR has higher volatility (0.37%) compared to SJLD (0.31%). In terms of maximum drawdown, SLDR dropped -0.87% vs SJLD's -1.04%.

Which ETF is better, SLDR or SJLD?

On 1-year performance, SJLD leads with 4.97% vs 3.14% for SLDR. On fees, SLDR is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SLDR or SJLD?

Over the 1-year period, SJLD has performed better with a 4.97% return vs 3.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SLDR or SJLD?

SLDR is cheaper with a 0.12% expense ratio, compared with 0.35% for SJLD.

Which ETF pays a higher dividend yield, SLDR or SJLD?

SJLD has the higher dividend yield at 3.96%, compared with 3.72% for SLDR.

What is the main difference between SLDR and SJLD?

SLDR is categorized as Government Bonds, while SJLD is Short-Term Bond. They also come from different issuers: Global X and SanJac Alpha. Their fees differ too: 0.12% for SLDR and 0.35% for SJLD.

Which has better risk-adjusted returns?

SJLD currently has the higher Sharpe Ratio (2.52 vs 2.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.