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TLT vs LGOV

iShares 20+ Year Treasury Bond ETF vs First Trust Long Duration Opportunities ETF

TLT

iShares 20+ Year Treasury Bond ETF

Annual cost

0.15%

Fund size

$42.9B

LGOV

First Trust Long Duration Opportunities ETF

Annual cost

0.49%

Fund size

$664M

Key differences

Both TLT and LGOV are fixed income ETFs. TLT charges 0.15% a year and LGOV 0.49%. The main difference: TLT costs 0.34% less per year.

  • TLT costs 0.34% less per year.
  • TLT is much larger than LGOV. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, LGOV has delivered higher annualized returns.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TLTLGOV
Annual cost (TER)0.15%0.49%
Fund size (AUM)$42.9B$664M
Since20022019
Dividend yield4.55%4.25%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.1%+5.5%
CAGR 3Y-1.3%+2.8%
CAGR 5Y-6.2%-1.7%
Sharpe 3Y-0.28-0.04
Volatility 1Y9.68%7.02%
Max drawdown-48.35%-30.85%

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

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