CPIIvsTLTETF Comparison
ETF 1
CPII
American Beacon Ionic Inflation Protection ETF
This fund is part of
Inflation-linked Bonds
+0.21%
VS
American Beacon Ionic Inflation Protection ETF (CPII) belongs to the Inflation-linked Bonds segment. iShares 20+ Year Treasury Bond ETF (TLT) is part of the US Government Bonds segment. CPII's top 1 sector exposures are Sovereign. In contrast, TLT's top sector exposures are Sovereign and Non-Corporate. CPII is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.15% for TLT. CPII is up 3.9% year-to-date (YTD) with +$970K in YTD flows. TLT performs worse with -5.08% YTD performance, and +$3.12B in YTD flows. Run a side-by-side ETF comparison of CPII and TLT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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CPII vs TLT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CPII TLT | +0.69%-0.69% | +1.22%-3.86% | +3.90%-5.08% | +3.46%-8.34% | n/a+5.47% | n/a-34.32% |
| Flows | CPII TLT | -+$228M | -+$6.29B | +$970K+$3.12B | +$970K+$2.28B | -+$12.12B | -+$49.51B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CPII TLT | +2.71%+10.41% | +2.72%+9.32% | n/a+12.82% | n/a+15.43% |
| Max drawdown | CPII TLT | -0.95%-7.66% | -1.86%-12.42% | n/a-16.55% | n/a-43.68% |
| Max drawdown duration | CPII TLT | 22d89d | 114d229d | n/a760d | n/a1776d |
Trading data
CPII | TLT | |
Last sale 10/16/2026 at 1:30 PM | $19.12 | $80.05 |
| Previous close 10/15/2026 | $19.11 | $79.97 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 19, 2026
1-year trailing difference
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CPII
is actively managed and doesn’t replicate an indexCPII | TLT | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CPII | TLT | |
|---|---|---|
| Last price | $19.12 | $80.05 |
| 1D performance | +0.05% | +0.10% |
| AuM | $11.41 M | $47.01 B |
| E/R | 0.7% | 0.15% |
Characteristics
CPII | TLT | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | American Beacon | iShares |
| Benchmark | - | ICE U.S. Treasury 20+ Year Bond Index |
| N° of holdings | 8 | 48 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 28, 2022 | July 22, 2002 |
| ESG | No | No |
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Exposure
Countries
CPII
USA
99.45%
Other
0.55%
TLT
USA
99.66%
Other
0.34%
Sectors
CPII
Sovereign
99.45%
Other
0.55%
TLT
Sovereign
98.58%
Other
1.42%
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Diversification
CPII
Total weight of top 8 holdings out of 8
99.45%
TLT
Total weight of top 15 holdings out of 15
58.22%
Top 15 holdings
Data as of August 31, 2026
CPII
USA, TIPS 0.375% 15jul2027, USD (D-2027)
13.61%
USA, TIPS 0.125% 15apr2027, USD (X-2027)
13.51%
USA, TIPS 1.625% 15oct2027, USD (AE-2027)
12.77%
USA, TIPS 1.25% 15apr2028, USD (X-2028)
12.75%
USA, TIPS 0.75% 15jul2028, USD (D-2028)
12.13%
USA, TIPS 0.125% 15oct2026, USD (AE-2026)
12.09%
USA, TIPS 0.375% 15jan2027, USD (A-2027)
12.04%
USA, TIPS 0.5% 15jan2028, USD (A-2028)
10.54%
TLT
USA, Bonds 4.75% 15may2055, USD
4.51%
USA, Bonds 4.625% 15may2054, USD
4.28%
USA, Bonds 4.125% 15aug2053, USD
4.19%
USA, Bonds 4.75% 15feb2056, USD
4.14%
USA, Bonds 4.25% 15feb2054, USD
4.04%
USA, Bonds 5% 15may2056, USD
4.03%
USA, Bonds 4.75% 15nov2053, USD
3.98%
USA, Bonds 4.25% 15aug2054, USD
3.95%
USA, Bonds 4.625% 15nov2055, USD
3.85%
USA, Bonds 4.625% 15feb2055, USD
3.81%
USA, Bonds 4.5% 15nov2054, USD
3.80%
USA, Bonds 1.875% 15nov2051, USD
3.80%
USA, Bonds 2% 15aug2051, USD
3.35%
USA, Bonds 4.75% 15aug2055, USD
3.31%
USA, Bonds 3.625% 15may2053, USD
3.16%
Frequently asked questions about CPII and TLT
How have the CPII and TLT ETFs performed in 2026?
As of October 16, 2026, CPII is up 3.9% year-to-date (YTD), while TLT has lost -5.08%. That puts CPII better performer ahead so far this year.
Which ETF is attracting more investor money: CPII or TLT?
Year-to-date, the CPII ETF saw +$970K in flows, compared to +$3.12B for TLT.
Which ETF is more volatile: CPII or TLT?
Over the past year, CPII had a volatility of 2.72%, while TLT experienced 9.32%.
Which ETF is bigger: CPII or TLT?
As of October 16, 2026, CPII holds $11.41 M in assets under management (AUM), while TLT manages $47.01 B.
What sectors do the CPII and TLT ETFs invest in?
CPII leans toward sectors like Sovereign. Meanwhile, TLT focuses on Sovereign.
What are the top holdings of the CPII ETF and TLT ETF?
CPII top holdings include USA, TIPS 0.375% 15jul2027, USD (D-2027), USA, TIPS 0.125% 15apr2027, USD (X-2027) and USA, TIPS 1.625% 15oct2027, USD (AE-2027). TLT holds in its top three: USA, Bonds 4.75% 15may2055, USD, USA, Bonds 4.625% 15may2054, USD and USA, Bonds 4.125% 15aug2053, USD.
Which ETF is more diversified: CPII or TLT?
CPII has 8 securities. TLT has 48 securities and a top 15 weight of 58.22%.
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