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TLTX vs BWX

Global X Treasury Bond Enhanced Income ETF vs State Street SPDR Bloomberg International Treasury Bond ETF

TLTX

Global X Treasury Bond Enhanced Income ETF

Global X Funds

Annual cost

0.29%

Fund size

$8M

BWX

State Street SPDR Bloomberg International Treasury Bond ETF

State Street Investment Management

Annual cost

0.35%

Fund size

$1.5B

Key differences

  • TLTX costs 0.06% less per year.
  • BWX is significantly larger than TLTX — larger funds tend to be more liquid and less likely to close.
  • TLTX is classified as alternative, while BWX is fixed income — different risk/return profiles.
  • TLTX covers north america markets; BWX covers global ex us.
  • TLTX follows a option income strategy; BWX uses index tracking.
  • BWX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TLTXBWX
Annual cost (TER)0.29%0.35%
Fund size (AUM)$8M$1.5B
Since20252007
Dividend yield2.27%
Asset classalternativefixed income
Regionnorth americaglobal ex us
Strategyoption incomeindex tracking
CAGR 1YN/A-1.0%
CAGR 3YN/A+0.7%
CAGR 5YN/A-4.3%
Sharpe 3YN/A-0.27
Volatility 1Y7.81%
Max drawdown-6.35%-34.00%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to TLTX and BWX