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ULST vs TLH

State Street Ultra Short Term Bond ETF vs iShares 10-20 Year Treasury Bond ETF

ULST

State Street Ultra Short Term Bond ETF

Annual cost

0.20%

Fund size

$552M

TLH

iShares 10-20 Year Treasury Bond ETF

Annual cost

0.15%

Fund size

$11.4B

Key differences

Both ULST and TLH are fixed income ETFs. ULST charges 0.20% a year and TLH 0.15%. The main difference: ULST follows a active selection strategy; TLH uses index tracking.

  • ULST follows a active selection strategy; TLH uses index tracking.
  • TLH costs 0.05% less per year.
  • TLH is much larger than ULST. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, ULST has delivered higher annualized returns.
  • TLH has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ULSTTLH
Annual cost (TER)0.20%0.15%
Fund size (AUM)$552M$11.4B
Since20132007
Dividend yield4.22%4.39%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.9%+4.6%
CAGR 3Y+4.9%+1.1%
CAGR 5Y+3.5%-3.7%
Sharpe 3Y1.22-0.17
Volatility 1Y0.66%7.92%
Max drawdown-6.20%-41.14%

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

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