ETF Evaluator: Global X Long-Term Treasury Ladder ETF () Follow This ETF

Global X Long-Term Treasury Ladder ETF Overview

Global X Long-Term Treasury Ladder ETF (LLDR) is a passively managed Taxable Bond Long Government exchange-traded fund (ETF). Global X Funds launched the ETF in 2024.

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE U.S. Treasury 10-30 Years Laddered Bond. The fund invests at least 80% of its total assets, plus borrowings for investment purposes (if any), in the securities of the index. The index is designed to measure the performance of a strategy commonly referred to as bond “laddering” as applied to public obligations of the U.S. Treasury that have maturities between 10 and 30 years as of the last business day of February of each year.

About Global X Long-Term Treasury Ladder ETF (LLDR)

There are 2 members of the management team with an average tenure of 1.89 years: Nam To (2024) and Sandy Lu (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and FTSE US Treasury 10-30Y Ladd Bd TR USD index with a weighting of 100%. Global X Long-Term Treasury Ladder ETF has 99 securities in its portfolio. The top 10 holdings constitute 22.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Global X Long-Term Treasury Ladder ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Global X Long-Term Treasury Ladder ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.9% (99.9% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Global X Long-Term Treasury Ladder ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $37 million in total assets, which is below the $4 billion average for the Long Government category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

LLDR Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Global X Long-Term Treasury Ladder ETF expense ratio is low compared to funds in the Long Government category. Global X Long-Term Treasury Ladder ETF has an expense ratio of 0.12%, which is 48% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Global X Long-Term Treasury Ladder ETF has a portfolio turnover rate of 11%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 60% for the Long Government category.

Recently, in the month of July 2026, Global X Long-Term Treasury Ladder ETF returned -3.8%, which earned it a grade of B, as the Long Government category had an average return of -4.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Global X Long-Term Treasury Ladder ETF has a trailing yield of 4.77%, which is below the 5.37% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Global X Long-Term Treasury Ladder ETF Grades

Year to date, the ETF has returned -3.2%, 0.1 percentage points better than the category, which translates into a grade of C. The fund has returned -0.2% over the past year (grade of C).

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