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TLT vs IBHI

iShares 20+ Year Treasury Bond ETF vs iShares iBonds 2029 Term High Yield and Income ETF

TLT

iShares 20+ Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$42.9B

IBHI

iShares iBonds 2029 Term High Yield and Income ETF

iShares

Annual cost

0.35%

Fund size

$430M

Key differences

  • TLT costs 0.20% less per year.
  • TLT is significantly larger than IBHI — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, IBHI has delivered higher annualized returns.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TLTIBHI
Annual cost (TER)0.15%0.35%
Fund size (AUM)$42.9B$430M
Since20022022
Dividend yield4.57%6.81%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.4%+8.2%
CAGR 3Y-2.3%+9.1%
CAGR 5Y-6.1%N/A
Sharpe 3Y-0.350.92
Volatility 1Y9.95%3.93%
Max drawdown-48.35%-13.65%

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

Similar to TLT and IBHI