TRSY vs. TLDR

Last updated Aug 1, 2026

TRSY (Xtrackers US 0-1 Year Treasury ETF) and TLDR (The Laddered T-Bill ETF) are both exchange-traded funds - TRSY is a Government Bonds fund tracking the ICE U.S. Treasury Short Bond Index, while TLDR is a Ultrashort Bond fund actively managed by REX Shares. TRSY is passively managed, while TLDR is actively managed. Their 0.37 correlation means their historical movements had little consistent relationship. TRSY charges 0.06%/yr vs 0.20%/yr for TLDR.

Performance

TRSY vs. TLDR - Performance Comparison

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

Returns By Period

TRSY

• 1D: 0.00%
• 1M: 0.27%
• 6M: 1.78%
• YTD: 2.03%
• 1Y: 3.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.31%

TLDR

• 1D: 0.02%
• 1M: 0.33%
• 6M: 1.76%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
TLDR The Laddered T-Bill ETF	$4.55M	$2.20M	$886.93K
TRSY Xtrackers US 0-1 Year Treasury ETF	$2.06M	$1.33M	$1.09M

TRSY vs. TLDR - Yearly Performance Comparison

	2026 (YTD)
TRSY Xtrackers US 0-1 Year Treasury ETF	1.83%
TLDR The Laddered T-Bill ETF	1.82%

Correlation

The correlation between TRSY and TLDR is 0.37, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.37

Return for Risk

TRSY vs. TLDR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TRSY

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

TLDR

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TRSY vs. TLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers US 0-1 Year Treasury ETF (TRSY) and The Laddered T-Bill ETF (TLDR). 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.

	TRSY	TLDR	Difference
Sharpe ratio: Return per unit of total volatility	9.99	—	—
Sortino ratio: Return per unit of downside risk	26.69	—	—
Omega ratio: Gain probability vs. loss probability	6.33	—	—
Calmar ratio: Return relative to maximum drawdown	59.26	—	—
Martin ratio: Return relative to average drawdown	359.44	—	—

Drawdowns

TRSY vs. TLDR - Drawdown Comparison

The maximum TRSY drawdown since its inception was -0.82%, which is greater than TLDR's maximum drawdown of -0.06%. Use the drawdown chart below to compare losses from any high point for TRSY and TLDR.

Drawdown Indicators

	TRSY	TLDR	Difference
Max Drawdown Largest peak-to-trough decline	-0.82%	-0.06%	-0.76%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	—	—
Current Drawdown Current decline from peak	-0.02%	-0.04%	+0.02%
Average Drawdown Average peak-to-trough decline	-0.06%	-0.01%	-0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	—	—

Volatility

Volatility by Period

	TRSY	TLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.40%	0.42%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.07%	0.42%	+0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.07%	0.42%	+0.65%

TRSY vs. TLDR - Expense Ratio Comparison

TRSY has a 0.06% expense ratio, which is lower than TLDR's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TRSY vs. TLDR - Dividend Comparison

TRSY's dividend yield for the trailing twelve months is around 3.65%, more than TLDR's 1.76% yield.

Position	TTM	2025	2024
TLDR The Laddered T-Bill ETF	1.76%	0.00%	0.00%
TRSY Xtrackers US 0-1 Year Treasury ETF	3.29%	4.00%	0.96%

Frequently Asked Questions

Can I hold both TRSY and TLDR in my portfolio?

TRSY and TLDR have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TRSY or TLDR?

On fees, TRSY is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TRSY or TLDR?

TRSY is cheaper with a 0.06% expense ratio, compared with 0.20% for TLDR.

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

TRSY has the higher dividend yield at 3.29%, compared with 1.76% for TLDR.

What is the main difference between TRSY and TLDR?

TRSY is categorized as Government Bonds, while TLDR is Ultrashort Bond. They also come from different issuers: Xtrackers and REX Shares. Their fees differ too: 0.06% for TRSY and 0.20% for TLDR.