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BYLD vs TLT

iShares Yield Optimized Bond ETF vs iShares 20+ Year Treasury Bond ETF

BYLD

iShares Yield Optimized Bond ETF

Annual cost

0.13%

Fund size

$450M

TLT

iShares 20+ Year Treasury Bond ETF

Annual cost

0.15%

Fund size

$42.9B

Key differences

Both BYLD and TLT are fixed income ETFs. BYLD charges 0.13% a year and TLT 0.15%. The main difference: TLT is much larger than BYLD. Larger funds are usually more liquid and less likely to close.

  • TLT is much larger than BYLD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, BYLD has delivered higher annualized returns.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BYLDTLT
Annual cost (TER)0.13%0.15%
Fund size (AUM)$450M$42.9B
Since20142002
Dividend yield5.34%4.55%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.8%+4.1%
CAGR 3Y+6.7%-1.3%
CAGR 5Y+2.4%-6.2%
Sharpe 3Y0.65-0.28
Volatility 1Y3.86%9.68%
Max drawdown-14.75%-48.35%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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