TLTX vs. IBTE

Last updated Jun 4, 2026

TLTX (Global X Treasury Bond Enhanced Income ETF) and IBTE (iShares iBonds Dec 2024 Term Treasury ETF) are both Government Bonds funds. TLTX is actively managed, while IBTE is passively managed. TLTX charges 0.29%/yr vs 0.07%/yr for IBTE.

Performance

TLTX vs. IBTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Treasury Bond Enhanced Income ETF (TLTX) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLTX

• 1D: -0.37%
• 1M: -0.19%
• YTD: -0.36%
• 6M: -1.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBTE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TLTX vs. IBTE - Yearly Performance Comparison

	2026 (YTD)
TLTX Global X Treasury Bond Enhanced Income ETF	-0.60%
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%

Return for Risk

TLTX vs. IBTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Treasury Bond Enhanced Income ETF (TLTX) and iShares iBonds Dec 2024 Term Treasury ETF (IBTE). 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	IBTE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	—	—

Drawdowns

TLTX vs. IBTE - Drawdown Comparison

The maximum TLTX drawdown since its inception was -6.35%, which is greater than IBTE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TLTX and IBTE.

Drawdown Indicators

	TLTX	IBTE	Difference
Max Drawdown Largest peak-to-trough decline	-6.35%	0.00%	-6.35%
Current Drawdown Current decline from peak	-4.05%	0.00%	-4.05%
Average Drawdown Average peak-to-trough decline	-2.27%	0.00%	-2.27%

Volatility

Volatility by Period

	TLTX	IBTE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.14%	0.00%	+9.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.14%	0.00%	+9.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.14%	0.00%	+9.14%

TLTX vs. IBTE - Expense Ratio Comparison

TLTX has a 0.29% expense ratio, which is higher than IBTE's 0.07% expense ratio.

Dividends

TLTX vs. IBTE - Dividend Comparison

TLTX's dividend yield for the trailing twelve months is around 15.79%, while IBTE has not paid dividends to shareholders.

Position	TTM	2025
IBTE iShares iBonds Dec 2024 Term Treasury ETF	0.00%	0.00%
TLTX Global X Treasury Bond Enhanced Income ETF	15.79%	7.54%

Frequently Asked Questions

Which ETF is better, TLTX or IBTE?

On fees, IBTE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TLTX or IBTE?

IBTE is cheaper with a 0.07% expense ratio, compared with 0.29% for TLTX.

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

TLTX has the higher dividend yield at 15.79%, compared with 0.00% for IBTE.

What is the main difference between TLTX and IBTE?

They also come from different issuers: Global X and iShares. Their fees differ too: 0.29% for TLTX and 0.07% for IBTE.