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TUA vs TLT

Simplify Short Term Treasury Futures Strategy ETF vs iShares 20+ Year Treasury Bond ETF

TUA

Simplify Short Term Treasury Futures Strategy ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$802M

TLT

iShares 20+ Year Treasury Bond ETF

iShares

Annual cost

0.15%

Fund size

$42.9B

Key differences

  • TLT costs 0.10% less per year.
  • TLT is significantly larger than TUA — larger funds tend to be more liquid and less likely to close.
  • TUA is classified as alternative, while TLT is fixed income — different risk/return profiles.
  • TUA follows a active selection strategy; TLT uses index tracking.
  • TLT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TUATLT
Annual cost (TER)0.25%0.15%
Fund size (AUM)$802M$42.9B
Since20222002
Dividend yield3.63%4.57%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y-1.8%+5.4%
CAGR 3Y-2.2%-2.3%
CAGR 5YN/A-6.1%
Sharpe 3Y-0.58-0.35
Volatility 1Y6.85%9.95%
Max drawdown-15.85%-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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