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TBLL vs SPTL

Invesco Short Term Treasury ETF vs State Street SPDR Portfolio Long Term Treasury ETF

TBLL

Invesco Short Term Treasury ETF

Invesco

Annual cost

0.08%

Fund size

$2.9B

SPTL

State Street SPDR Portfolio Long Term Treasury ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$10.5B

Key differences

  • SPTL costs 0.05% less per year.
  • SPTL is significantly larger than TBLL — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, TBLL has delivered higher annualized returns.
  • SPTL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TBLLSPTL
Annual cost (TER)0.08%0.03%
Fund size (AUM)$2.9B$10.5B
Since20172007
Dividend yield3.82%4.20%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.0%+5.7%
CAGR 3Y+4.7%-1.2%
CAGR 5Y+3.3%-5.1%
Sharpe 3Y2.09-0.31
Volatility 1Y0.19%9.08%
Max drawdown-0.64%-46.20%

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

Similar to TBLL and SPTL