TLTX vs. SDIV

Last updated Jun 25, 2026

TLTX (Global X Treasury Bond Enhanced Income ETF) and SDIV (Global X SuperDividend ETF) are both exchange-traded funds - TLTX is a Government Bonds fund actively managed by Global X, while SDIV is a Global Equities fund tracking the Solactive Global SuperDividend Index. TLTX is actively managed, while SDIV is passively managed. At a 0.30 correlation, their price movements are largely independent. TLTX charges 0.29%/yr vs 0.58%/yr for SDIV.

Performance

TLTX vs. SDIV - 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 SuperDividend ETF (SDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TLTX achieves a 1.95% return, which is significantly lower than SDIV's 4.50% return.

TLTX

• 1D: 0.82%
• 1M: 2.89%
• YTD: 1.95%
• 6M: 1.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDIV

• 1D: -0.21%
• 1M: -3.05%
• YTD: 4.50%
• 6M: 4.46%
• 1Y: 19.79%
• 3Y*: 14.86%
• 5Y*: -0.78%
• 10Y*: 0.05%

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

TLTX vs. SDIV - Yearly Performance Comparison

	2026 (YTD)	2025
TLTX Global X Treasury Bond Enhanced Income ETF	1.95%	6.02%
SDIV Global X SuperDividend ETF	4.50%	8.40%

Correlation

The correlation between TLTX and SDIV is 0.30, 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 Jul 16, 2025	0.30

Return for Risk

TLTX vs. SDIV — Risk / Return Rank

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

TLTX

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

SDIV

SDIV Risk / Return Rank: 52
SDIV Sharpe Ratio Rank: 51
SDIV Sortino Ratio Rank: 48
SDIV Omega Ratio Rank: 47
SDIV Calmar Ratio Rank: 61
SDIV Martin Ratio Rank: 53

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.

TLTX vs. SDIV - 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 SuperDividend ETF (SDIV). 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.

	TLTX	SDIV	Difference
Sharpe ratio: Return per unit of total volatility	—	1.57	—
Sortino ratio: Return per unit of downside risk	—	2.17	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.71	—
Martin ratio: Return relative to average drawdown	—	8.28	—

Drawdowns

TLTX vs. SDIV - Drawdown Comparison

The maximum TLTX drawdown since its inception was -6.35%, smaller than the maximum SDIV drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for TLTX and SDIV.

Drawdown Indicators

	TLTX	SDIV	Difference
Max Drawdown Largest peak-to-trough decline	-6.35%	-56.90%	+50.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.90%	—
Current Drawdown Current decline from peak	-1.82%	-18.91%	+17.09%
Average Drawdown Average peak-to-trough decline	-2.29%	-18.58%	+16.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.40%	—

Volatility

Volatility by Period

	TLTX	SDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.72%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.28%	12.69%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.28%	16.86%	-7.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.28%	18.93%	-9.65%

TLTX vs. SDIV - Expense Ratio Comparison

TLTX has a 0.29% expense ratio, which is lower than SDIV's 0.58% expense ratio.

Dividends

TLTX vs. SDIV - Dividend Comparison

TLTX's dividend yield for the trailing twelve months is around 17.11%, more than SDIV's 9.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SDIV Global X SuperDividend ETF	9.36%	9.59%	11.33%	11.73%	14.17%	8.95%	7.96%	8.73%	9.22%	6.66%	6.95%	7.33%
TLTX Global X Treasury Bond Enhanced Income ETF	17.11%	7.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TLTX and SDIV in my portfolio?

TLTX and SDIV have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TLTX or SDIV?

On fees, TLTX is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TLTX or SDIV?

TLTX is cheaper with a 0.29% expense ratio, compared with 0.58% for SDIV.

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

TLTX has the higher dividend yield at 17.11%, compared with 9.36% for SDIV.

What is the main difference between TLTX and SDIV?

TLTX is categorized as Government Bonds, while SDIV is Global Equities. Their fees differ too: 0.29% for TLTX and 0.58% for SDIV.