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SPTL vs TLT

State Street SPDR Portfolio Long Term Treasury ETF vs iShares 20+ Year Treasury Bond ETF

SPTL

State Street SPDR Portfolio Long Term Treasury ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$10.5B

TLT

iShares 20+ Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$42.9B

Key differences

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

Side-by-side comparison

SPTLTLT
Annual cost (TER)0.03%0.15%
Fund size (AUM)$10.5B$42.9B
Since20072002
Dividend yield4.20%4.57%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.7%+5.4%
CAGR 3Y-1.2%-2.3%
CAGR 5Y-5.1%-6.1%
Sharpe 3Y-0.31-0.35
Volatility 1Y9.08%9.95%
Max drawdown-46.20%-48.35%

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

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