GLPI vs. TLT
GLPI (Gaming and Leisure Properties, Inc.) is a stock, while TLT (iShares 20+ Year Treasury Bond ETF) is Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. Over the past 10 years, GLPI returned 10.07%/yr vs -1.66%/yr for TLT. At a 0.05 correlation, their price movements are largely independent.
Performance
GLPI vs. TLT - Performance Comparison
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Returns By Period
In the year-to-date period, GLPI achieves a 4.80% return, which is significantly higher than TLT's -0.27% return. Over the past 10 years, GLPI has outperformed TLT with an annualized return of 10.07%, while TLT has yielded a comparatively lower -1.66% annualized return.
GLPI
- 1D
- -0.67%
- 1M
- -2.62%
- YTD
- 4.80%
- 6M
- 9.12%
- 1Y
- 6.43%
- 3Y*
- 3.55%
- 5Y*
- 5.99%
- 10Y*
- 10.07%
TLT
- 1D
- -0.40%
- 1M
- 0.81%
- YTD
- -0.27%
- 6M
- -2.02%
- 1Y
- 4.93%
- 3Y*
- -1.80%
- 5Y*
- -6.31%
- 10Y*
- -1.66%
GLPI vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLPI Gaming and Leisure Properties, Inc. | 4.80% | -0.80% | 3.95% | 0.92% | 13.49% | 22.10% | 4.18% | 42.88% | -5.89% | 29.78% |
TLT iShares 20+ Year Treasury Bond ETF | -0.27% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -1.61% | 9.18% |
Correlation
The correlation between GLPI and TLT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2013 | 0.05 |
The correlation between GLPI and TLT shifts across timeframes, from 0.05 (all time) to 0.27 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
GLPI vs. TLT — Risk / Return Rank
GLPI
TLT
GLPI vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gaming and Leisure Properties, Inc. (GLPI) and iShares 20+ Year Treasury Bond ETF (TLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| GLPI | TLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.09 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.52 | 0.65 | -0.13 |
| Martin ratioReturn relative to average drawdown | 1.29 | 1.63 | -0.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLPI | TLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | 0.51 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | -0.40 | +0.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.35 | -0.11 | +0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.26 | +0.11 |
Drawdowns
GLPI vs. TLT - Drawdown Comparison
The maximum GLPI drawdown since its inception was -69.44%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for GLPI and TLT.
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Drawdown Indicators
| GLPI | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.44% | -48.35% | -21.09% |
Max Drawdown (1Y)Largest decline over 1 year | -12.39% | -7.58% | -4.81% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -19.18% | +4.28% |
Max Drawdown (5Y)Largest decline over 5 years | -17.12% | -43.70% | +26.58% |
Max Drawdown (10Y)Largest decline over 10 years | -69.44% | -48.35% | -21.09% |
Current DrawdownCurrent decline from peak | -5.99% | -40.44% | +34.45% |
Average DrawdownAverage peak-to-trough decline | -8.30% | -13.82% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | 3.04% | +1.95% |
Volatility
GLPI vs. TLT - Volatility Comparison
Gaming and Leisure Properties, Inc. (GLPI) has a higher volatility of 3.71% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 2.76%. This indicates that GLPI's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLPI | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 2.76% | +0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.58% | 6.50% | +6.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.34% | 9.77% | +7.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.76% | 15.87% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.80% | 14.91% | +13.89% |
Dividends
GLPI vs. TLT - Dividend Comparison
GLPI's dividend yield for the trailing twelve months is around 6.77%, more than TLT's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLPI Gaming and Leisure Properties, Inc. | 6.77% | 6.94% | 6.31% | 6.38% | 5.38% | 5.96% | 5.33% | 6.36% | 7.95% | 6.76% | 7.58% | 7.84% |
TLT iShares 20+ Year Treasury Bond ETF | 4.59% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
GLPI and TLT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLPI has higher volatility (3.71%) compared to TLT (2.76%). In terms of maximum drawdown, GLPI dropped -69.44% vs TLT's -48.35%.
TLT currently has the higher Sharpe Ratio (0.51 vs 0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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