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TLTX vs PFFV

Global X Treasury Bond Enhanced Income ETF vs Global X Variable Rate Preferred ETF

TLTX

Global X Treasury Bond Enhanced Income ETF

Global X Funds

Annual cost

0.29%

Fund size

$8M

PFFV

Global X Variable Rate Preferred ETF

Global X Funds

Annual cost

0.25%

Fund size

$302M

Key differences

  • PFFV is significantly larger than TLTX — larger funds tend to be more liquid and less likely to close.
  • TLTX is classified as alternative, while PFFV is fixed income — different risk/return profiles.
  • TLTX follows a option income strategy; PFFV uses index tracking.
  • PFFV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TLTXPFFV
Annual cost (TER)0.29%0.25%
Fund size (AUM)$8M$302M
Since20252020
Dividend yield8.13%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1YN/A+5.6%
CAGR 3YN/A+8.7%
CAGR 5YN/A+2.6%
Sharpe 3YN/A0.79
Volatility 1Y4.20%
Max drawdown-6.35%-18.95%

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

Similar to TLTX and PFFV