TLTP vs. VGIT
TLTP (Amplify Bloomberg U.S. Treasury Target High Income ETF) and VGIT (Vanguard Intermediate-Term Treasury ETF) are both Government Bonds funds - TLTP tracks the Bloomberg U.S. Treasury 20+ Year 12% Premium Covered Call 2.0 Index while VGIT tracks the Bloomberg U.S. Treasury 3-10 Year Index. Both are passively managed. Over the past year, TLTP returned 4.86% vs 3.03% for VGIT. A 0.79 correlation means they provide meaningful diversification when combined. TLTP charges 0.38%/yr vs 0.03%/yr for VGIT.
Performance
TLTP vs. VGIT - Performance Comparison
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Returns By Period
In the year-to-date period, TLTP achieves a -0.56% return, which is significantly lower than VGIT's -0.26% return.
TLTP
- 1D
- -0.13%
- 1M
- -1.55%
- 6M
- -1.68%
- YTD
- -0.56%
- 1Y
- 4.86%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VGIT
- 1D
- -0.03%
- 1M
- -0.24%
- 6M
- -0.26%
- YTD
- -0.26%
- 1Y
- 3.03%
- 3Y*
- 3.56%
- 5Y*
- -0.04%
- 10Y*
- 1.17%
TLTP vs. VGIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TLTP Amplify Bloomberg U.S. Treasury Target High Income ETF | -0.56% | 5.39% | -3.31% |
VGIT Vanguard Intermediate-Term Treasury ETF | -0.26% | 7.34% | -0.57% |
Correlation
The correlation between TLTP and VGIT is 0.77, 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 | 0.77 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | 0.79 |
The correlation between TLTP and VGIT has been stable across timeframes, ranging from 0.77 to 0.79 - a consistent structural relationship.
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Return for Risk
TLTP vs. VGIT — Risk / Return Rank
TLTP
VGIT
TLTP vs. VGIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg U.S. Treasury Target High Income ETF (TLTP) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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.
| TLTP | VGIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.16 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.07 | -0.23 |
| Martin ratioReturn relative to average drawdown | 2.12 | 2.69 | -0.57 |
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Drawdowns
TLTP vs. VGIT - Drawdown Comparison
The maximum TLTP drawdown since its inception was -8.54%, smaller than the maximum VGIT drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for TLTP and VGIT.
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Drawdown Indicators
| TLTP | VGIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.54% | -16.05% | +7.51% |
Max Drawdown (1Y)Largest decline over 1 year | -5.76% | -2.83% | -2.93% |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.34% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.02% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.05% | — |
Current DrawdownCurrent decline from peak | -3.93% | -2.19% | -1.74% |
Average DrawdownAverage peak-to-trough decline | -3.23% | -3.51% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 1.13% | +1.17% |
Volatility
TLTP vs. VGIT - Volatility Comparison
Amplify Bloomberg U.S. Treasury Target High Income ETF (TLTP) has a higher volatility of 2.08% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.10%. This indicates that TLTP's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TLTP | VGIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.08% | 1.10% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 5.36% | 2.57% | +2.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.27% | 3.37% | +3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.68% | 5.39% | +4.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.68% | 4.49% | +5.19% |
TLTP vs. VGIT - Expense Ratio Comparison
TLTP has a 0.38% expense ratio, which is higher than VGIT's 0.03% expense ratio.
Dividends
TLTP vs. VGIT - Dividend Comparison
TLTP's dividend yield for the trailing twelve months is around 13.42%, more than VGIT's 3.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLTP Amplify Bloomberg U.S. Treasury Target High Income ETF | 13.42% | 12.53% | 2.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.87% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
Frequently Asked Questions
TLTP and VGIT have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TLTP has higher volatility (2.08%) compared to VGIT (1.10%). In terms of maximum drawdown, TLTP dropped -8.54% vs VGIT's -16.05%.
On 1-year performance, TLTP leads with 4.86% vs 3.03% for VGIT. On fees, VGIT is cheaper at 0.03% per year. On volatility, VGIT has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TLTP has performed better with a 4.86% return vs 3.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGIT is cheaper with a 0.03% expense ratio, compared with 0.38% for TLTP.
TLTP has the higher dividend yield at 13.42%, compared with 3.87% for VGIT.
TLTP tracks Bloomberg U.S. Treasury 20+ Year 12% Premium Covered Call 2.0 Index, while VGIT tracks Bloomberg U.S. Treasury 3-10 Year Index. They also come from different issuers: Amplify and Vanguard. Their fees differ too: 0.38% for TLTP and 0.03% for VGIT.
VGIT currently has the higher Sharpe Ratio (0.91 vs 0.67), 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.
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