TLTX vs. XHLF
TLTX (Global X Treasury Bond Enhanced Income ETF) and XHLF (BondBloxx Bloomberg Six Month Target Duration US Treasury ETF) are both Government Bonds funds. TLTX is actively managed, while XHLF is passively managed. At a correlation of -0.04, they often move in opposite directions. TLTX charges 0.29%/yr vs 0.03%/yr for XHLF.
Performance
TLTX vs. XHLF - Performance Comparison
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Returns By Period
In the year-to-date period, TLTX achieves a 1.13% return, which is significantly lower than XHLF's 1.56% return.
TLTX
- 1D
- -1.58%
- 1M
- 2.06%
- YTD
- 1.13%
- 6M
- 1.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XHLF
- 1D
- 0.04%
- 1M
- 0.24%
- YTD
- 1.56%
- 6M
- 1.65%
- 1Y
- 3.82%
- 3Y*
- 4.58%
- 5Y*
- —
- 10Y*
- —
TLTX vs. XHLF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TLTX Global X Treasury Bond Enhanced Income ETF | 1.13% | 6.02% |
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 1.56% | 2.01% |
Correlation
The correlation between TLTX and XHLF is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025 | -0.04 |
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Return for Risk
TLTX vs. XHLF — Risk / Return Rank
TLTX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XHLF
TLTX vs. XHLF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Treasury Bond Enhanced Income ETF (TLTX) and BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF). 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 | XHLF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 10.94 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 96.46 | — |
| Martin ratioReturn relative to average drawdown | — | 639.88 | — |
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Drawdowns
TLTX vs. XHLF - Drawdown Comparison
The maximum TLTX drawdown since its inception was -6.35%, which is greater than XHLF's maximum drawdown of -0.11%. Use the drawdown chart below to compare losses from any high point for TLTX and XHLF.
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Drawdown Indicators
| TLTX | XHLF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.35% | -0.11% | -6.24% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.04% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.06% | — |
Current DrawdownCurrent decline from peak | -2.62% | 0.00% | -2.62% |
Average DrawdownAverage peak-to-trough decline | -2.29% | -0.01% | -2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.01% | — |
Volatility
TLTX vs. XHLF - Volatility Comparison
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Volatility by Period
| TLTX | XHLF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.22% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.26% | 0.32% | +8.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.26% | 0.42% | +8.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.26% | 0.42% | +8.84% |
TLTX vs. XHLF - Expense Ratio Comparison
TLTX has a 0.29% expense ratio, which is higher than XHLF's 0.03% expense ratio.
Dividends
TLTX vs. XHLF - Dividend Comparison
TLTX's dividend yield for the trailing twelve months is around 17.25%, more than XHLF's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TLTX Global X Treasury Bond Enhanced Income ETF | 17.25% | 7.54% | 0.00% | 0.00% | 0.00% |
XHLF BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | 3.84% | 3.98% | 4.96% | 4.50% | 0.86% |
Frequently Asked Questions
TLTX and XHLF have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XHLF is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XHLF is cheaper with a 0.03% expense ratio, compared with 0.29% for TLTX.
TLTX has the higher dividend yield at 17.25%, compared with 3.84% for XHLF.
They also come from different issuers: Global X and BondBloxx. Their fees differ too: 0.29% for TLTX and 0.03% for XHLF.
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