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iShares 20+ Year Treasury Bond ETF (TLT)

ETF · Currency in USD · Last updated Jan 28, 2023

TLT is an exchange-traded fund (ETF) by iShares, a division of BlackRock, that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. The index is a benchmark that includes a range of U.S. government bonds with maturities of 20 years or more. The TLT ETF has a low expense ratio of 0.15% and is designed to provide investors with a way to gain exposure to the U.S. long-term government bond market.

ETF Info

ISINUS4642874329
CUSIP464287432
IssueriShares
Inception DateJul 26, 2002
RegionNorth America (U.S.)
CategoryGovernment Bonds
Expense Ratio0.15%
Index TrackedBarclays Capital U.S. 20+ Year Treasury Bond Index
ETF Home Pagewww.ishares.com
Asset ClassBond

Trading Data

Previous Close$106.71
Year Range$91.73 - $139.12
EMA (50)$104.43
EMA (200)$111.03
Average Volume$20.82M

TLTShare Price Chart


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TLTPerformance

The chart shows the growth of $10,000 invested in iShares 20+ Year Treasury Bond ETF in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $16,745 for a total return of roughly 67.45%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%SeptemberOctoberNovemberDecember2023
-10.06%
-1.17%
TLT (iShares 20+ Year Treasury Bond ETF)
Benchmark (^GSPC)

TLTCompare to other instruments

Search for stocks, ETFs, and funds to compare with TLT

TLTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD7.18%6.02%
1M6.56%6.30%
6M-8.14%-0.05%
1Y-22.26%-6.42%
5Y-0.87%7.22%
10Y1.41%10.51%

TLTMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-3.91%-1.63%-5.44%-9.42%-2.25%-1.27%2.43%-4.55%-8.24%-5.96%7.15%-2.62%
2021-3.63%-5.73%-5.25%2.50%0.00%4.42%3.72%-0.34%-2.91%2.47%2.77%-2.01%
20207.69%6.63%6.38%1.22%-1.76%0.34%4.43%-5.05%0.77%-3.39%1.66%-1.23%
20190.38%-1.38%5.57%-1.99%6.84%0.95%0.26%11.05%-2.68%-1.11%-0.41%-3.20%
2018-3.26%-3.04%2.86%-2.09%2.00%0.65%-1.44%1.31%-2.86%-2.93%1.79%5.85%
20170.81%1.58%-0.66%1.57%1.89%0.79%-0.66%3.41%-2.32%-0.04%0.74%1.81%
20165.57%3.09%-0.09%-0.74%0.81%6.93%2.10%-1.01%-1.51%-4.38%-8.21%-0.46%
20159.82%-6.14%1.09%-3.43%-2.37%-4.07%4.55%-0.69%1.97%-0.41%-0.87%-0.30%
20146.30%0.52%0.73%2.10%2.95%-0.25%0.66%4.72%-2.11%2.82%2.97%3.25%
2013-3.19%1.24%-0.42%4.68%-6.76%-3.27%-2.26%-1.34%0.66%1.43%-2.70%-1.87%
2012-0.33%-2.60%-4.24%4.83%9.03%-1.68%3.82%-1.32%-2.53%-0.48%1.38%-2.49%
2011-3.08%1.65%0.03%2.34%3.42%-2.32%4.41%9.67%13.21%-3.83%1.99%3.44%
20102.78%-0.34%-2.06%3.32%5.11%5.80%-0.95%8.39%-2.52%-4.47%-1.69%-3.70%

TLTSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current iShares 20+ Year Treasury Bond ETF Sharpe ratio is -1.08. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.00-1.50-1.00-0.500.00SeptemberOctoberNovemberDecember2023
-1.08
-0.27
TLT (iShares 20+ Year Treasury Bond ETF)
Benchmark (^GSPC)

TLTDividend History

iShares 20+ Year Treasury Bond ETF granted a 2.49% dividend yield in the last twelve months. The annual payout for that period amounted to $2.66 per share.


PeriodTTM2022202120202019201820172016201520142013201220112010
Dividend$2.66$2.66$2.22$2.37$3.07$3.20$3.09$3.10$3.15$3.36$3.32$3.25$4.00$3.92

Dividend yield

2.49%2.67%1.53%1.56%2.39%2.84%2.70%2.96%3.04%3.19%4.00%3.40%4.29%5.64%

TLTMonthly Dividends

The table displays the monthly dividend distributions for iShares 20+ Year Treasury Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2022$0.00$0.20$0.18$0.20$0.20$0.21$0.23$0.21$0.24$0.24$0.24$0.51
2021$0.00$0.18$0.17$0.19$0.20$0.20$0.19$0.18$0.19$0.18$0.19$0.35
2020$0.00$0.24$0.23$0.24$0.22$0.21$0.19$0.19$0.18$0.17$0.17$0.33
2019$0.00$0.27$0.25$0.28$0.26$0.27$0.26$0.26$0.26$0.25$0.25$0.46
2018$0.00$0.25$0.24$0.26$0.26$0.28$0.27$0.27$0.27$0.26$0.27$0.55
2017$0.00$0.26$0.23$0.25$0.25$0.26$0.26$0.27$0.26$0.25$0.26$0.52
2016$0.00$0.24$0.25$0.27$0.26$0.27$0.26$0.26$0.25$0.25$0.25$0.55
2015$0.00$0.28$0.25$0.27$0.26$0.26$0.26$0.27$0.26$0.26$0.27$0.51
2014$0.00$0.28$0.26$0.28$0.27$0.29$0.29$0.30$0.27$0.29$0.29$0.54
2013$0.00$0.26$0.25$0.26$0.26$0.28$0.25$0.27$0.28$0.28$0.29$0.64
2012$0.00$0.29$0.27$0.29$0.28$0.26$0.27$0.27$0.27$0.26$0.27$0.51
2011$0.00$0.32$0.30$0.39$0.40$0.35$0.32$0.33$0.32$0.31$0.30$0.67
2010$0.32$0.29$0.33$0.32$0.33$0.31$0.32$0.32$0.39$0.32$0.66

TLTDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember2023
-35.01%
-15.14%
TLT (iShares 20+ Year Treasury Bond ETF)
Benchmark (^GSPC)

TLTWorst Drawdowns

The table below shows the maximum drawdowns of the iShares 20+ Year Treasury Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the iShares 20+ Year Treasury Bond ETF is 44.14%, recorded on Oct 24, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.14%Aug 5, 2020560Oct 24, 2022
-20.49%Jul 26, 2012269Aug 21, 2013329Dec 10, 2014598
-17.88%Jul 11, 2016111Dec 14, 2016639Jul 2, 2019750
-17.1%Sep 1, 2010113Feb 10, 2011121Aug 4, 2011234
-15.81%Feb 2, 2015102Jun 26, 2015240Jun 9, 2016342
-15.73%Mar 10, 20207Mar 18, 202023Apr 21, 202030
-10.91%Oct 4, 201118Oct 27, 201136Dec 19, 201154
-10.41%Dec 20, 201161Mar 19, 201242May 17, 2012103
-8.63%Apr 22, 202032Jun 5, 202038Jul 30, 202070
-8.24%Aug 29, 201951Nov 8, 201969Feb 20, 2020120

TLTVolatility Chart

Current iShares 20+ Year Treasury Bond ETF volatility is 19.30%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%SeptemberOctoberNovemberDecember2023
19.30%
16.76%
TLT (iShares 20+ Year Treasury Bond ETF)
Benchmark (^GSPC)

TLTAlternatives


SymbolInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. Yield
AGGSep 22, 20030.05%3.19%1.42%2.09%
TBTMay 1, 20080.92%-13.11%-7.96%0.48%
TMFApr 16, 20091.09%21.00%-4.74%1.34%
VGLTNov 19, 20090.04%6.70%1.49%2.66%

Portfolios with iShares 20+ Year Treasury Bond ETF


Portfolio NameYTD Return10Y ReturnDiv. Yield10Y VolatilityMax. DrawdownSharpe RatioExpense Ratio
Aronson Family Taxable Portfolio7.12%6.89%2.84%12.22%-25.12%-0.370.19%
David Swensen Yale Endowment Portfolio7.33%6.82%3.09%11.56%-26.64%-0.500.13%
Golden Butterfly Portfolio6.04%6.06%1.33%8.20%-19.59%-0.350.20%
Harry Browne Permanent Portfolio5.04%4.38%1.34%6.97%-19.44%-0.570.18%
Ray Dalio All Weather Portfolio5.83%5.07%1.76%8.03%-24.28%-0.770.19%
Stocks/Bonds 40/60 Leveraged Portfolio14.10%13.96%1.44%21.39%-55.26%-0.930.65%