Skip to content
Beacon
Screener

SCHQ vs TLT

Schwab Long-Term U.S. Treasury ETF vs iShares 20+ Year Treasury Bond ETF

SCHQ

Schwab Long-Term U.S. Treasury ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$897M

TLT

iShares 20+ Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$42.9B

Key differences

  • SCHQ costs 0.12% less per year.
  • TLT is significantly larger than SCHQ — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SCHQ has delivered higher annualized returns.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCHQTLT
Annual cost (TER)0.03%0.15%
Fund size (AUM)$897M$42.9B
Since20192002
Dividend yield4.76%4.57%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.6%+5.4%
CAGR 3Y-1.3%-2.3%
CAGR 5Y-5.1%-6.1%
Sharpe 3Y-0.31-0.35
Volatility 1Y9.07%9.95%
Max drawdown-46.13%-48.35%

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

Similar to SCHQ and TLT