XTWY vs. TLTX
XTWY (BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF) and TLTX (Global X Treasury Bond Enhanced Income ETF) are both Government Bonds funds. XTWY is passively managed, while TLTX is actively managed. A 0.65 correlation means they provide meaningful diversification when combined. XTWY charges 0.12%/yr vs 0.29%/yr for TLTX.
Performance
XTWY vs. TLTX - Performance Comparison
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Returns By Period
In the year-to-date period, XTWY achieves a 0.98% return, which is significantly lower than TLTX's 1.13% return.
XTWY
- 1D
- 0.11%
- 1M
- 2.79%
- YTD
- 0.98%
- 6M
- 0.48%
- 1Y
- 3.85%
- 3Y*
- -3.26%
- 5Y*
- —
- 10Y*
- —
TLTX
- 1D
- -1.58%
- 1M
- 2.06%
- YTD
- 1.13%
- 6M
- 1.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XTWY vs. TLTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XTWY BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 0.98% | 4.92% |
TLTX Global X Treasury Bond Enhanced Income ETF | 1.13% | 6.02% |
Correlation
The correlation between XTWY and TLTX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025 | 0.65 |
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Return for Risk
XTWY vs. TLTX — Risk / Return Rank
XTWY
TLTX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XTWY vs. TLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF (XTWY) 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.
| XTWY | TLTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.06 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | — | — |
| Martin ratioReturn relative to average drawdown | 0.94 | — | — |
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Drawdowns
XTWY vs. TLTX - Drawdown Comparison
The maximum XTWY drawdown since its inception was -25.92%, which is greater than TLTX's maximum drawdown of -6.35%. Use the drawdown chart below to compare losses from any high point for XTWY and TLTX.
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Drawdown Indicators
| XTWY | TLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.92% | -6.35% | -19.57% |
Max Drawdown (1Y)Largest decline over 1 year | -9.48% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -22.16% | — | — |
Current DrawdownCurrent decline from peak | -14.11% | -2.62% | -11.49% |
Average DrawdownAverage peak-to-trough decline | -12.25% | -2.29% | -9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.09% | — | — |
Volatility
XTWY vs. TLTX - Volatility Comparison
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Volatility by Period
| XTWY | TLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.87% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.38% | 9.26% | +2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 9.26% | +8.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.54% | 9.26% | +8.28% |
XTWY vs. TLTX - Expense Ratio Comparison
XTWY has a 0.13% expense ratio, which is lower than TLTX's 0.29% expense ratio.
Dividends
XTWY vs. TLTX - Dividend Comparison
XTWY's dividend yield for the trailing twelve months is around 4.63%, less than TLTX's 17.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
TLTX Global X Treasury Bond Enhanced Income ETF | 17.25% | 7.54% | 0.00% | 0.00% | 0.00% |
XTWY BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 4.63% | 4.56% | 4.65% | 3.86% | 1.08% |
Frequently Asked Questions
XTWY and TLTX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XTWY is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XTWY is cheaper with a 0.12% expense ratio, compared with 0.29% for TLTX.
TLTX has the higher dividend yield at 17.25%, compared with 4.63% for XTWY.
They also come from different issuers: BondBloxx and Global X. Their fees differ too: 0.12% for XTWY and 0.29% for TLTX.
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