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ICVT vs TLT

iShares Convertible Bond ETF vs iShares 20+ Year Treasury Bond ETF

ICVT

iShares Convertible Bond ETF

Annual cost

0.20%

Fund size

$7.1B

TLT

iShares 20+ Year Treasury Bond ETF

Annual cost

0.15%

Fund size

$42.9B

Key differences

Both ICVT and TLT are fixed income ETFs. ICVT charges 0.20% a year and TLT 0.15%. The main difference: TLT costs 0.05% less per year.

  • TLT costs 0.05% less per year.
  • TLT is much larger than ICVT. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, ICVT has delivered higher annualized returns.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ICVTTLT
Annual cost (TER)0.20%0.15%
Fund size (AUM)$7.1B$42.9B
Since20152002
Dividend yield1.33%4.55%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+32.5%+3.9%
CAGR 3Y+18.4%-1.9%
CAGR 5Y+6.7%-6.2%
Sharpe 3Y1.19-0.33
Volatility 1Y15.11%9.60%
Max drawdown-33.25%-48.35%

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

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