TRSY vs. TLTX

Last updated Jun 5, 2026

TRSY (Xtrackers US 0-1 Year Treasury ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. TRSY is passively managed, while TLTX is actively managed. At a 0.07 correlation, their price movements are largely independent. TRSY charges 0.06%/yr vs 0.29%/yr for TLTX.

Performance

TRSY vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers US 0-1 Year Treasury ETF (TRSY) and Global X Treasury Bond Enhanced Income ETF (TLTX). 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 higher than TLTX's 0.25% return.

TRSY

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

TLTX

• 1D: 0.61%
• 1M: 0.23%
• YTD: 0.25%
• 6M: -0.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TRSY vs. TLTX - Yearly Performance Comparison

	2026 (YTD)	2025
TRSY Xtrackers US 0-1 Year Treasury ETF	1.48%	1.96%
TLTX Global X Treasury Bond Enhanced Income ETF	0.25%	5.40%

Correlation

The correlation between TRSY and TLTX is 0.07, 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 17, 2025	0.07

Return for Risk

TRSY vs. TLTX — 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

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. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers US 0-1 Year Treasury ETF (TRSY) and Global X Treasury Bond Enhanced Income ETF (TLTX). 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	TLTX	Difference
Sharpe ratio: Return per unit of total volatility	10.40	—	—
Sortino ratio: Return per unit of downside risk	28.08	—	—
Omega ratio: Gain probability vs. loss probability	6.63	—	—
Calmar ratio: Return relative to maximum drawdown	59.87	—	—
Martin ratio: Return relative to average drawdown	379.03	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TRSY	TLTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	10.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.89	0.70	+3.19

Drawdowns

TRSY vs. TLTX - Drawdown Comparison

The maximum TRSY drawdown since its inception was -0.82%, smaller than the maximum TLTX drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for TRSY and TLTX.

Drawdown Indicators

	TRSY	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-0.82%	-6.35%	+5.53%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	—	—
Current Drawdown Current decline from peak	-0.02%	-3.46%	+3.44%
Average Drawdown Average peak-to-trough decline	-0.06%	-2.27%	+2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	—	—

Volatility

Volatility by Period

	TRSY	TLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.38%	9.14%	-8.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.07%	9.14%	-8.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.07%	9.14%	-8.07%

TRSY vs. TLTX - Expense Ratio Comparison

TRSY has a 0.06% expense ratio, which is lower than TLTX's 0.29% expense ratio.

Dividends

TRSY vs. TLTX - Dividend Comparison

TRSY's dividend yield for the trailing twelve months is around 3.73%, less than TLTX's 15.70% yield.

Position	TTM	2025	2024
TLTX Global X Treasury Bond Enhanced Income ETF	15.70%	7.54%	0.00%
TRSY Xtrackers US 0-1 Year Treasury ETF	3.73%	4.00%	0.96%

Frequently Asked Questions

Can I hold both TRSY and TLTX in my portfolio?

TRSY and TLTX have a correlation of 0.07, 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 TLTX?

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 TLTX?

TRSY is cheaper with a 0.06% expense ratio, compared with 0.29% for TLTX.

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

TLTX has the higher dividend yield at 15.70%, compared with 3.73% for TRSY.

What is the main difference between TRSY and TLTX?

They also come from different issuers: Xtrackers and Global X. Their fees differ too: 0.06% for TRSY and 0.29% for TLTX.