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TBLL vs TLT

Invesco Short Term Treasury ETF vs iShares 20+ Year Treasury Bond ETF

TBLL

Invesco Short Term Treasury ETF

Annual cost

0.08%

Fund size

$2.5B

TLT

iShares 20+ Year Treasury Bond ETF

Annual cost

0.15%

Fund size

$42.9B

Key differences

Both TBLL and TLT are fixed income ETFs. TBLL charges 0.08% a year and TLT 0.15%. The main difference: TBLL costs 0.07% less per year.

  • TBLL costs 0.07% less per year.
  • TLT is much larger than TBLL. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, TBLL has delivered higher annualized returns.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TBLLTLT
Annual cost (TER)0.08%0.15%
Fund size (AUM)$2.5B$42.9B
Since20172002
Dividend yield3.81%4.55%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+3.9%+4.1%
CAGR 3Y+4.7%-1.3%
CAGR 5Y+3.4%-6.2%
Sharpe 3Y2.01-0.28
Volatility 1Y0.19%9.68%
Max drawdown-0.64%-48.35%

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

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