TLTX vs. EDGX

Last updated Jun 5, 2026

TLTX (Global X Treasury Bond Enhanced Income ETF) and EDGX (Global X U.S. 500 Income Edge ETF) are both exchange-traded funds - TLTX is a Government Bonds fund actively managed by Global X, while EDGX is a Derivative Income fund tracking the Solactive GBS United States 500 Index. TLTX is actively managed, while EDGX is passively managed. At a 0.46 correlation, their price movements are largely independent.

Performance

TLTX vs. EDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Treasury Bond Enhanced Income ETF (TLTX) and Global X U.S. 500 Income Edge ETF (EDGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLTX

• 1D: 0.61%
• 1M: 0.23%
• YTD: 0.25%
• 6M: -0.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EDGX

• 1D: 0.35%
• 1M: 4.34%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TLTX vs. EDGX - Yearly Performance Comparison

	2026 (YTD)
TLTX Global X Treasury Bond Enhanced Income ETF	-2.71%
EDGX Global X U.S. 500 Income Edge ETF	10.55%

Correlation

The correlation between TLTX and EDGX is 0.46, 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 Feb 19, 2026	0.46

Return for Risk

TLTX vs. EDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Treasury Bond Enhanced Income ETF (TLTX) and Global X U.S. 500 Income Edge ETF (EDGX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TLTX	EDGX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	3.15	-2.45

Drawdowns

TLTX vs. EDGX - Drawdown Comparison

The maximum TLTX drawdown since its inception was -6.35%, smaller than the maximum EDGX drawdown of -7.56%. Use the drawdown chart below to compare losses from any high point for TLTX and EDGX.

Drawdown Indicators

	TLTX	EDGX	Difference
Max Drawdown Largest peak-to-trough decline	-6.35%	-7.56%	+1.21%
Current Drawdown Current decline from peak	-3.46%	-0.14%	-3.32%
Average Drawdown Average peak-to-trough decline	-2.27%	-1.48%	-0.79%

Volatility

Volatility by Period

	TLTX	EDGX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.14%	13.02%	-3.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.14%	13.02%	-3.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.14%	13.02%	-3.88%

Dividends

TLTX vs. EDGX - Dividend Comparison

TLTX's dividend yield for the trailing twelve months is around 15.70%, more than EDGX's 2.43% yield.

Position	TTM	2025
EDGX Global X U.S. 500 Income Edge ETF	2.43%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	15.70%	7.54%

Frequently Asked Questions

Can I hold both TLTX and EDGX in my portfolio?

TLTX and EDGX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

TLTX has the higher dividend yield at 15.70%, compared with 2.43% for EDGX.

What is the main difference between TLTX and EDGX?

TLTX is categorized as Government Bonds, while EDGX is Derivative Income.