TRSY vs. BUCK

Last updated Jun 5, 2026

TRSY (Xtrackers US 0-1 Year Treasury ETF) and BUCK (Simplify Treasury Option Income ETF) are both Government Bonds funds. TRSY is passively managed, while BUCK is actively managed. Over the past year, TRSY returned 3.95% vs 7.46% for BUCK. At a correlation of -0.04, they often move in opposite directions. TRSY charges 0.06%/yr vs 0.35%/yr for BUCK.

Performance

TRSY vs. BUCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers US 0-1 Year Treasury ETF (TRSY) and Simplify Treasury Option Income ETF (BUCK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TRSY achieves a 1.48% return, which is significantly lower than BUCK's 1.99% return.

TRSY

• 1D: -0.02%
• 1M: 0.30%
• YTD: 1.48%
• 6M: 1.76%
• 1Y: 3.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUCK

• 1D: 0.09%
• 1M: 0.43%
• YTD: 1.99%
• 6M: 1.92%
• 1Y: 7.46%
• 3Y*: 5.27%
• 5Y*: —
• 10Y*: —

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

TRSY vs. BUCK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TRSY Xtrackers US 0-1 Year Treasury ETF	1.48%	4.22%	1.07%
BUCK Simplify Treasury Option Income ETF	1.99%	4.13%	1.43%

Correlation

The correlation between TRSY and BUCK is -0.03, 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 (1Y) Calculated over the trailing 1-year period	-0.03
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024	-0.04

Return for Risk

TRSY vs. BUCK — Risk / Return Rank

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

TRSY

TRSY Risk / Return Rank: 100
TRSY Sharpe Ratio Rank: 99
TRSY Sortino Ratio Rank: 100
TRSY Omega Ratio Rank: 100
TRSY Calmar Ratio Rank: 100
TRSY Martin Ratio Rank: 100

BUCK

BUCK Risk / Return Rank: 85
BUCK Sharpe Ratio Rank: 76
BUCK Sortino Ratio Rank: 81
BUCK Omega Ratio Rank: 85
BUCK Calmar Ratio Rank: 91
BUCK Martin Ratio Rank: 95

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.

TRSY vs. BUCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers US 0-1 Year Treasury ETF (TRSY) and Simplify Treasury Option Income ETF (BUCK). 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.

	TRSY	BUCK	Difference
Sharpe ratio: Return per unit of total volatility	10.40	2.42	+7.98
Sortino ratio: Return per unit of downside risk	28.08	3.60	+24.48
Omega ratio: Gain probability vs. loss probability	6.63	1.51	+5.12
Calmar ratio: Return relative to maximum drawdown	59.87	5.73	+54.14
Martin ratio: Return relative to average drawdown	379.03	30.33	+348.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRSY vs. BUCK - Sharpe Ratio Comparison

The current TRSY Sharpe Ratio is 10.40, which is higher than the BUCK Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of TRSY and BUCK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TRSY	BUCK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	10.40	2.42	+7.98
Sharpe Ratio (All Time) Calculated using the full available price history	3.89	1.48	+2.42

Drawdowns

TRSY vs. BUCK - Drawdown Comparison

The maximum TRSY drawdown since its inception was -0.82%, smaller than the maximum BUCK drawdown of -5.43%. Use the drawdown chart below to compare losses from any high point for TRSY and BUCK.

Drawdown Indicators

	TRSY	BUCK	Difference
Max Drawdown Largest peak-to-trough decline	-0.82%	-5.43%	+4.61%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	-1.31%	+1.24%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.43%	—
Current Drawdown Current decline from peak	-0.02%	0.00%	-0.02%
Average Drawdown Average peak-to-trough decline	-0.06%	-0.49%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	0.25%	-0.24%

Volatility

TRSY vs. BUCK - Volatility Comparison

The current volatility for Xtrackers US 0-1 Year Treasury ETF (TRSY) is 0.11%, while Simplify Treasury Option Income ETF (BUCK) has a volatility of 0.70%. This indicates that TRSY experiences smaller price fluctuations and is considered to be less risky than BUCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TRSY	BUCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.11%	0.70%	-0.59%
Volatility (6M) Calculated over the trailing 6-month period	0.24%	1.52%	-1.28%
Volatility (1Y) Calculated over the trailing 1-year period	0.38%	3.14%	-2.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.07%	3.48%	-2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.07%	3.48%	-2.41%

TRSY vs. BUCK - Expense Ratio Comparison

TRSY has a 0.06% expense ratio, which is lower than BUCK's 0.35% expense ratio.

Dividends

TRSY vs. BUCK - Dividend Comparison

TRSY's dividend yield for the trailing twelve months is around 3.73%, less than BUCK's 7.41% yield.

Position	TTM	2025	2024	2023	2022
BUCK Simplify Treasury Option Income ETF	7.41%	7.59%	8.84%	4.84%	0.59%
TRSY Xtrackers US 0-1 Year Treasury ETF	3.73%	4.00%	0.96%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TRSY and BUCK in my portfolio?

TRSY and BUCK have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TRSY or BUCK?

BUCK has higher volatility (0.70%) compared to TRSY (0.11%). In terms of maximum drawdown, TRSY dropped -0.82% vs BUCK's -5.43%.

Which ETF is better, TRSY or BUCK?

On 1-year performance, BUCK leads with 7.46% vs 3.95% for TRSY. On fees, TRSY is cheaper at 0.06% per year. On volatility, TRSY has been the lower-risk option at 0.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TRSY or BUCK?

Over the 1-year period, BUCK has performed better with a 7.46% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TRSY or BUCK?

TRSY is cheaper with a 0.06% expense ratio, compared with 0.35% for BUCK.

Which ETF pays a higher dividend yield, TRSY or BUCK?

BUCK has the higher dividend yield at 7.41%, compared with 3.73% for TRSY.

What is the main difference between TRSY and BUCK?

They also come from different issuers: Xtrackers and Simplify. Their fees differ too: 0.06% for TRSY and 0.35% for BUCK.

Which has better risk-adjusted returns?

TRSY currently has the higher Sharpe Ratio (10.40 vs 2.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.