XEY vs. TLTX

Last updated Jul 3, 2026

XEY (GraniteShares YieldBOOST Ether ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both exchange-traded funds - XEY is a Derivative Income fund actively managed by GraniteShares, while TLTX is a Government Bonds fund actively managed by Global X. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. XEY charges 1.07%/yr vs 0.29%/yr for TLTX.

Performance

XEY vs. TLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Ether ETF (XEY) and Global X Treasury Bond Enhanced Income ETF (TLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XEY

• 1D: 1.01%
• 1M: -8.21%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TLTX

• 1D: 0.36%
• 1M: 0.41%
• 6M: 0.41%
• YTD: 0.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XEY vs. TLTX - Yearly Performance Comparison

	2026 (YTD)
XEY GraniteShares YieldBOOST Ether ETF	-10.97%
TLTX Global X Treasury Bond Enhanced Income ETF	-0.04%

Correlation

The correlation between XEY and TLTX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 28, 2026	0.24

Return for Risk

XEY vs. TLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Ether ETF (XEY) 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.

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.

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

Drawdowns

XEY vs. TLTX - Drawdown Comparison

The maximum XEY drawdown since its inception was -15.60%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for XEY and TLTX.

Drawdown Indicators

	XEY	TLTX	Difference
Max Drawdown Largest peak-to-trough decline	-15.60%	-6.35%	-9.25%
Current Drawdown Current decline from peak	-13.83%	-3.30%	-10.53%
Average Drawdown Average peak-to-trough decline	-6.15%	-2.29%	-3.86%

Volatility

Volatility by Period

	XEY	TLTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.25%	9.35%	+7.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.25%	9.35%	+7.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.25%	9.35%	+7.90%

XEY vs. TLTX - Expense Ratio Comparison

XEY has a 1.07% expense ratio, which is higher than TLTX's 0.29% expense ratio.

Dividends

XEY vs. TLTX - Dividend Comparison

XEY's dividend yield for the trailing twelve months is around 12.34%, less than TLTX's 17.37% yield.

Position	TTM	2025
TLTX Global X Treasury Bond Enhanced Income ETF	17.37%	7.54%
XEY GraniteShares YieldBOOST Ether ETF	12.34%	0.00%

Frequently Asked Questions

Can I hold both XEY and TLTX in my portfolio?

XEY and TLTX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XEY or TLTX?

On fees, TLTX is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XEY or TLTX?

TLTX is cheaper with a 0.29% expense ratio, compared with 1.07% for XEY.

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

TLTX has the higher dividend yield at 17.37%, compared with 12.34% for XEY.

What is the main difference between XEY and TLTX?

XEY is categorized as Derivative Income, while TLTX is Government Bonds. They also come from different issuers: GraniteShares and Global X. Their fees differ too: 1.07% for XEY and 0.29% for TLTX.