LLDR vs TLTI
Global X Long-Term Treasury Ladder ETF vs NEOS Enhanced Income 20+ Year Treasury Bond ETF
Which is better, LLDR or TLTI?
Nearly the same fund. LLDR costs less.
LLDR has a lower expense ratio. LLDR led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | LLDR | TLTI |
|---|---|---|
| Expense Ratio | 0.12%Best | 0.58% |
| AUM | $37M | $20M |
| Dividend Yield | 5.05% | 6.66% |
| Holdings | 202 | 8 |
| YTD Return | -5.85%Best | -9.32% |
| 1Y Return | -7.76%Best | -12.09% |
| Volatility (annualized) | 8.4%Best | 9.7% |
| Max Drawdown | -11.2%Best | -14.9% |
| $10,000 over 1.8 years | $9,503Best | $8,992 |
| Fund Family | Global X by mirae Asset | NEOS |
| Category | Fixed Income | Fixed Income |
| Style | Long Term Government Bond | Long Term Government Bond |
| Inception | Sep 9, 2024 | Dec 12, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 11, 2024 to Oct 14, 2026 (1.8 years).
LLDR vs TLTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
LLDR vs TLTI Performance
Global X Long-Term Treasury Ladder ETF (LLDR) is an ETF from Global X by mirae Asset and NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) is an ETF from NEOS. Over the past year LLDR returned -7.76% while TLTI returned -12.09%. Year to date, LLDR is down 5.85% versus a loss of 9.32% for TLTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TLTI has been the more volatile fund, with annualized monthly volatility of 9.7% compared with 8.4% for LLDR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -11.2% for LLDR and -14.9% for TLTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
LLDR charges 0.12% per year while TLTI charges 0.58%. On a $10,000 position that is $12 vs $58 annually, a gap of $46 per year that compounds over a long holding period. On income, LLDR currently yields 5.05% against 6.66% for TLTI.
You are not choosing between two funds in isolation.
Whichever of LLDR and TLTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LLDR or TLTI?
LLDR has an expense ratio of 0.12% while TLTI charges 0.58%. LLDR is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, LLDR or TLTI?
Over the past year LLDR returned -7.76% vs -12.09% for TLTI, so LLDR leads on 1-year performance. Over the longest common window we track (2 years), LLDR annualized -2.79% vs -5.73% for TLTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LLDR or TLTI?
TLTI has been the more volatile fund at 9.7% annualized versus 8.4% for LLDR. Worst drawdown: LLDR -11.2% vs TLTI -14.9%.
Should I hold both LLDR and TLTI?
LLDR and TLTI have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, LLDR or TLTI?
LLDR yields 5.05% while TLTI yields 6.66%, so TLTI currently pays the higher dividend yield.
Is TLTI better than LLDR?
LLDR has a lower expense ratio. LLDR led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.