TSYW vs. CMDY
TSYW (Roundhill Treasury Bond WeeklyPay ETF) and CMDY (iShares Bloomberg Roll Select Commodity Strategy ETF) are both exchange-traded funds - TSYW is a Leveraged Bonds fund actively managed by Roundhill, while CMDY is a Commodities fund tracking the Bloomberg Roll Select Commodity Total Return Index. TSYW is actively managed, while CMDY is passively managed. At a correlation of -0.32, they often move in opposite directions. TSYW charges 0.99%/yr vs 0.28%/yr for CMDY.
Performance
TSYW vs. CMDY - Performance Comparison
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Returns By Period
In the year-to-date period, TSYW achieves a -3.24% return, which is significantly lower than CMDY's 16.78% return.
TSYW
- 1D
- -0.09%
- 1M
- -1.54%
- 6M
- -3.84%
- YTD
- -3.24%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CMDY
- 1D
- -0.07%
- 1M
- -1.66%
- 6M
- 14.34%
- YTD
- 16.78%
- 1Y
- 24.63%
- 3Y*
- 11.79%
- 5Y*
- 9.43%
- 10Y*
- —
TSYW vs. CMDY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TSYW Roundhill Treasury Bond WeeklyPay ETF | -3.24% | -3.37% |
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 16.78% | 0.06% |
Correlation
The correlation between TSYW and CMDY is -0.32, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | -0.32 |
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Return for Risk
TSYW vs. CMDY — Risk / Return Rank
TSYW
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CMDY
TSYW vs. CMDY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Treasury Bond WeeklyPay ETF (TSYW) and iShares Bloomberg Roll Select Commodity Strategy ETF (CMDY). 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.
| TSYW | CMDY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.28 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.81 | — |
| Martin ratioReturn relative to average drawdown | — | 6.24 | — |
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Drawdowns
TSYW vs. CMDY - Drawdown Comparison
The maximum TSYW drawdown since its inception was -9.79%, smaller than the maximum CMDY drawdown of -31.19%. Use the drawdown chart below to compare losses from any high point for TSYW and CMDY.
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Drawdown Indicators
| TSYW | CMDY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.79% | -31.19% | +21.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.56% | — |
Current DrawdownCurrent decline from peak | -7.56% | -10.60% | +3.04% |
Average DrawdownAverage peak-to-trough decline | -4.29% | -13.11% | +8.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.11% | — |
Volatility
TSYW vs. CMDY - Volatility Comparison
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Volatility by Period
| TSYW | CMDY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.20% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.35% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.90% | 16.45% | -5.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.90% | 15.80% | -4.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.90% | 14.65% | -3.75% |
TSYW vs. CMDY - Expense Ratio Comparison
TSYW has a 0.99% expense ratio, which is higher than CMDY's 0.28% expense ratio.
Dividends
TSYW vs. CMDY - Dividend Comparison
TSYW's dividend yield for the trailing twelve months is around 8.92%, less than CMDY's 11.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CMDY iShares Bloomberg Roll Select Commodity Strategy ETF | 11.04% | 12.89% | 4.23% | 5.10% | 3.98% | 16.09% | 0.15% | 2.21% | 1.73% |
TSYW Roundhill Treasury Bond WeeklyPay ETF | 8.92% | 1.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TSYW and CMDY have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CMDY is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CMDY is cheaper with a 0.28% expense ratio, compared with 0.99% for TSYW.
CMDY has the higher dividend yield at 11.04%, compared with 8.92% for TSYW.
TSYW is categorized as Leveraged Bonds, while CMDY is Commodities. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.99% for TSYW and 0.28% for CMDY.
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