NASDAQ · Long Government · USD · ETF

iShares 20+ Year Treasury Bond ETF (TLT) ETF Analysis

TLT

Expense ratio 0.15% Yield 5% Assets $46.23B Since July 22, 2002 Family iShares

Last Updated: October 21, 2026

$80.24

+$0.11 (+0.14%)

October 21, 2026 · Market close

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Price History

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Key facts

As of October 21, 2026, the annualized return for TLT over 10 years is −2.18%.

TLT charges an expense ratio of 0.15%.

TLT has $46.23B in net assets.

TLT Annualized Returns

With dividends reinvested · as of October 21, 2026

Period	Total return	Annualized	$100 becomes	$300 becomes
1 year	−8.74%	−8.74%	$91.26	$273.79
3 years	+9.55%	+3.09%	$109.55	$328.64
5 years	−32.67%	−7.61%	$67.33	$201.98
10 years	−19.79%	−2.18%	$80.21	$240.64

Returns are total returns computed from daily closes, with dividends reinvested. As of October 21, 2026.

TLT Return by Calendar Year

2016 and 2026 are partial years

+18.15%−31.23%−4.73%

2016*2017201820192020202120222023202420252026*

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Year	Return
2026 (partial year)	−4.73%
2025	+4.25%
2024	−8.05%
2023	+2.77%
2022	−31.23%
2021	−4.60%
2020	+18.15%
2019	+14.12%
2018	−1.61%
2017	+9.18%
2016 (partial year)	−13.64%

TLT Monthly Returns

−10%+12%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−0.0	+4.6	−4.2	−0.8	+0.5	+1.2	−4.5	+0.7	−5.4	+3.6	—	—
2025	+0.5	+5.7	−1.2	−1.4	−3.2	+2.7	−1.1	+0.0	+3.6	+1.4	+0.3	−2.7
2024	−2.2	−2.3	+0.8	−6.5	+2.9	+1.8	+3.6	+2.1	+2.0	−5.5	+2.0	−6.4
2023	+7.6	−4.9	+4.8	+0.3	−3.0	+0.2	−2.5	−3.1	−8.0	−5.5	+9.9	+8.7
2022	−3.9	−1.6	−5.4	−9.4	−2.3	−1.3	+2.4	−4.6	−8.2	−6.0	+7.2	−2.6
2021	−3.6	−5.7	−5.2	+2.5	+0.0	+4.4	+3.7	−0.3	−2.9	+2.5	+2.8	−2.0
2020	+7.7	+6.6	+6.4	+1.2	−1.8	+0.3	+4.4	−5.0	+0.8	−3.4	+1.7	−1.2
2019	+0.4	−1.4	+5.6	−2.0	+6.8	+1.0	+0.3	+11.0	−2.7	−1.1	−0.4	−3.2
2018	−3.3	−3.0	+2.9	−2.1	+2.0	+0.6	−1.4	+1.3	−2.9	−2.9	+1.8	+5.9
2017	+0.8	+1.6	−0.7	+1.6	+1.9	+0.8	−0.7	+3.4	−2.3	−0.0	+0.7	+1.8

Monthly total returns with dividends reinvested; each cell prints its signed value.

TLT Volatility & Risk

Volatility: 10 yrs · Beta: 3 yrs

Annualized volatility: 14.83%
Beta (3y): 2.31
Best year: +18.15%
Worst year: −31.23%

Volatility is the annualized standard deviation of daily returns. As of October 21, 2026.

Analysis

Data-derived

Fund Overview

iShares 20+ Year Treasury Bond ETF (TLT) is an exchange-traded fund in the Long Government category. iShares is the fund family on file. The inception date on file is July 22, 2002. Total net assets stand at $46.23B. Annual costs run at an expense ratio of 0.15%. On a $10,000 position that is $15.00 a year.

Performance Analysis

The most recent close on file for TLT is $80.24, dated October 21, 2026. The trailing one-year total return is −8.74%. Across 10 years the annualized return works out at −2.18%. The trailing distribution yield is 5%.

2026 is still running; the total return is −4.73% year to date. Across the complete calendar years on file, 2020 returned +18.15% and 2022 returned −31.23%. Of the 9 complete calendar years on file, 5 finished higher.

Price & Risk Profile

The 52-week range on file runs from $76.43 to $92.19. The latest close sits 4.98% above that 52-week low. Daily returns over the trailing 10 years annualize to a volatility of 14.83%. Beta against the wider market is reported at 2.31. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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