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GTO vs TLH

Invesco Total Return Bond ETF vs iShares 10-20 Year Treasury Bond ETF

GTO

Invesco Total Return Bond ETF

Invesco

Annual cost

0.35%

Fund size

$2.3B

TLH

iShares 10-20 Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$12.1B

Key differences

  • TLH costs 0.20% less per year.
  • TLH is significantly larger than GTO — larger funds tend to be more liquid and less likely to close.
  • GTO follows a active selection strategy; TLH uses index tracking.
  • Over the last 3 years, GTO has delivered higher annualized returns.
  • TLH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOTLH
Annual cost (TER)0.35%0.15%
Fund size (AUM)$2.3B$12.1B
Since20162007
Dividend yield4.75%4.39%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.9%+5.8%
CAGR 3Y+5.0%+0.8%
CAGR 5Y+0.2%-3.4%
Sharpe 3Y0.29-0.19
Volatility 1Y3.47%8.14%
Max drawdown-20.75%-41.14%

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

Similar to GTO and TLH