iShares 20+ Year Treasury Bond ETF (TLT)
Long Treasuries ETF
iShares 20+ Year Treasury Bond ETF (TLT) is a Long Treasuries ETF from iShares. As of October 23, 2026, TLT closed at $81.34. It charges a 0.15% expense ratio, or $15 a year per $10,000 invested. Including dividends it returned -6.9% over the past year and -7.6% a year over five years.
- Assets under management: $46.2 billion
- Dividend yield: 2.65%
- Annualized return since 2002: 3.5%
- Worst peak-to-trough drop: -48%
TLT price chart
1Y price change: -11.0% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| TLT | +1.5% | -3.4% | -6.9% | +3.1% | -7.6% | -2.0% | +3.5% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2002.
TLT key facts
- Expense ratio
- 0.15%
- $15/yr per $10K
- Assets (AUM)
- $46.2B
- Dividend yield
- 2.65%
- Annualized return
- 3.5%
- since 2002
- Volatility
- 14%
- annualized
- Max drawdown
- -48%
- 52-week range
- $76.43 – $92.18
- Fund family
- iShares
TLT dividend
- Dividend yield
- 2.65%
- Annual dividend
- $2.15
- Years of increases
- 4
- 5-yr dividend growth
- 10.3%
- per year
- Payments per year
- 12
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
Similar ETFs
| Name | Today | 1Y | Yield |
|---|---|---|---|
 SPY State Street SPDR S&P 500 ETF Trust | -0.52% | +14% | 0.75% |
 VOO Vanguard S&P 500 ETF | -0.53% | +14% | 1.06% |
 IVV iShares Core S&P 500 ETF | -0.54% | +14% | 0.75% |
 SPYM State Street SPDR Portfolio S&P 500 ETF | -0.53% | +14% | 1.02% |
 RSP Invesco S&P 500 Equal Weight ETF | -0.77% | +15% | 1.47% |
 VTI Vanguard Morningstar Total Stock Market ETF | -0.50% | +14% | 1.06% |
 ITOT iShares Core S&P Total U.S. Stock Market ETF | -0.50% | +14% | 0.75% |
 SCHB Schwab U.S. Broad Market ETF | -0.48% | +14% | 1.05% |
TLT news
- China's Treasury Pile Is Shrinking on Paper. The Custody Data Tell a Different Story · Oct 19, 2026
- Treasuries Rallied as Tech Slid, and the Crowded Bet Against Bonds Felt It · Oct 19, 2026
- Investors Have Poured $2.15 Billion Into One ETF This Month. Those Bets Are Paying Off. · Oct 15, 2026
- Bond Market Mayhem: History Says This Is the 1 Thing That Matters Most for Investors · Oct 14, 2026
- Bonds Reclaim Haven Status · Oct 22, 2026
TLT ETF FAQ
What is TLT's expense ratio?
TLT has an expense ratio of 0.15%: $15 a year on a $10,000 investment.
What is TLT's dividend yield?
TLT yields 2.65% based on its trailing distributions of $2.15 per share.
What is TLT's historical return?
With dividends reinvested, TLT returned -6.9% over one year, -7.6% a year over five years, -2.0% a year over ten years through October 23, 2026.
How much can TLT fall?
TLT's largest peak-to-trough decline since 2002 was -48%. Past drawdowns don't cap future ones.
Sources: fund data and prices from Yahoo Finance (delayed); FI Handbook calculations. Last close October 23, 2026.