TLTX vs. URA

Last updated Jun 4, 2026

TLTX (Global X Treasury Bond Enhanced Income ETF) and URA (Global X Uranium ETF) are both exchange-traded funds - TLTX is a Government Bonds fund actively managed by Global X, while URA is a Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index. TLTX is actively managed, while URA is passively managed. At a 0.15 correlation, their price movements are largely independent. TLTX charges 0.29%/yr vs 0.69%/yr for URA.

Performance

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

Returns By Period

In the year-to-date period, TLTX achieves a -0.36% return, which is significantly lower than URA's 17.67% return.

TLTX

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

URA

• 1D: -0.22%
• 1M: -7.23%
• YTD: 17.67%
• 6M: 7.07%
• 1Y: 59.25%
• 3Y*: 38.50%
• 5Y*: 21.33%
• 10Y*: 16.66%

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

TLTX vs. URA - Yearly Performance Comparison

	2026 (YTD)	2025
TLTX Global X Treasury Bond Enhanced Income ETF	-0.36%	5.40%
URA Global X Uranium ETF	17.67%	11.95%

Correlation

The correlation between TLTX and URA is 0.15, 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 17, 2025	0.15

Return for Risk

TLTX vs. URA — Risk / Return Rank

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

URA

URA Risk / Return Rank: 35
URA Sharpe Ratio Rank: 34
URA Sortino Ratio Rank: 36
URA Omega Ratio Rank: 32
URA Calmar Ratio Rank: 43
URA Martin Ratio Rank: 31

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. URA - 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 Uranium ETF (URA). 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	URA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.19	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	-0.05	+0.68

Drawdowns

TLTX vs. URA - Drawdown Comparison

The maximum TLTX drawdown since its inception was -6.35%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for TLTX and URA.

Drawdown Indicators

	TLTX	URA	Difference
Max Drawdown Largest peak-to-trough decline	-6.35%	-93.54%	+87.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-28.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-37.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.45%	—
Current Drawdown Current decline from peak	-4.05%	-42.94%	+38.89%
Average Drawdown Average peak-to-trough decline	-2.27%	-75.00%	+72.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.46%	—

Volatility

Volatility by Period

	TLTX	URA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.14%	50.13%	-40.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.14%	43.60%	-34.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.14%	37.72%	-28.58%

TLTX vs. URA - Expense Ratio Comparison

TLTX has a 0.29% expense ratio, which is lower than URA's 0.69% expense ratio.

Dividends

TLTX vs. URA - Dividend Comparison

TLTX's dividend yield for the trailing twelve months is around 15.79%, more than URA's 4.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TLTX Global X Treasury Bond Enhanced Income ETF	15.79%	7.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URA Global X Uranium ETF	4.15%	4.88%	2.86%	6.07%	0.76%	5.84%	1.69%	1.66%	0.44%	2.03%	7.28%	1.96%

Frequently Asked Questions

Can I hold both TLTX and URA in my portfolio?

TLTX and URA have a correlation of 0.15, 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 URA?

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 URA?

TLTX is cheaper with a 0.29% expense ratio, compared with 0.69% for URA.

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

TLTX has the higher dividend yield at 15.79%, compared with 4.15% for URA.

What is the main difference between TLTX and URA?

TLTX is categorized as Government Bonds, while URA is Commodity Producers Equities. Their fees differ too: 0.29% for TLTX and 0.69% for URA.