GOVMvsTLTETF Comparison
VS
iShares 1-10 Year Treasury Bond ETF (GOVM) and iShares 20+ Year Treasury Bond ETF (TLT) belong to the same industry segment: US Government Bonds. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. GOVM is less expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.15% for TLT. Run a side-by-side ETF comparison of GOVM 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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GOVM 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. | GOVM TLT | +0.35%-0.69% | -0.81%-3.86% | n/a-5.08% | n/a-8.34% | n/a+5.47% | n/a-34.32% |
| Flows | GOVM TLT | -+$228M | -+$6.29B | -+$3.12B | -+$2.28B | -+$12.12B | -+$49.51B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GOVM TLT | +2.57%+10.41% | n/a+9.32% | n/a+12.82% | n/a+15.43% |
| Max drawdown | GOVM TLT | -1.99%-7.66% | n/a-12.42% | n/a-16.55% | n/a-43.68% |
| Max drawdown duration | GOVM TLT | 52d89d | n/a229d | n/a760d | n/a1776d |
Trading data
GOVM | TLT | |
Last sale 10/16/2026 at 1:30 PM | $24.51 | $79.46 |
| Previous close 10/16/2026 | $24.48 | $80.05 |
| Consolidated volume 10/16/2026 | ||
| 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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GOVM | 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
GOVM | TLT | |
|---|---|---|
| Last price | $24.51 | $79.46 |
| 1D performance | +0.12% | -0.74% |
| AuM | $4.90 M | $47.01 B |
| E/R | 0.05% | 0.15% |
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Exposure
Countries
GOVM
USA
98.2%
Other
1.8%
TLT
USA
99.66%
Other
0.34%
Sectors
GOVM
Sovereign
97.67%
Other
2.33%
TLT
Sovereign
98.58%
Other
1.42%
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Diversification
GOVM
Total weight of top 15 holdings out of 15
15.3%
TLT
Total weight of top 15 holdings out of 15
58.22%
Top 15 holdings
Data as of August 31, 2026
GOVM
USA, Notes 4.125% 15feb2036, USD (B-2036)
1.46%
USA, Notes 4.625% 15feb2035, USD (B-2035)
1.07%
USA, Notes 4.25% 15nov2034, USD (F-2034)
1.06%
USA, Notes 4.25% 15may2035, USD (C-2035)
1.03%
USA, Notes 4% 15nov2035, USD (F-2035)
1.02%
USA, Notes 4.375% 15may2034, USD (C-2034)
1.02%
USA, Notes 4.25% 15aug2035, USD (E-2035)
1.01%
USA, Notes 1.625% 15may2031, USD (C-2031)
1.01%
USA, Notes 1.375% 15nov2031, USD (F-2031)
0.96%
USA, Notes 2.875% 15may2032, USD (C-2032)
0.95%
USA, Notes 1.875% 15feb2032, USD (B-2032)
0.95%
USA, Notes 3.875% 15aug2034, USD (E-2034)
0.95%
USA, Notes 1.125% 15feb2031, USD (B-2031)
0.94%
USA, Notes 1.25% 15aug2031, USD (E-2031)
0.94%
USA, Notes 4% 15feb2034, USD (B-2034)
0.92%
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 GOVM and TLT
Which ETF is bigger: GOVM or TLT?
As of October 16, 2026, GOVM holds $4.90 M in assets under management (AUM), while TLT manages $47.01 B.
What sectors do the GOVM and TLT ETFs invest in?
GOVM leans toward sectors like Sovereign. Meanwhile, TLT focuses on Sovereign.
What are the top holdings of the GOVM ETF and TLT ETF?
GOVM top holdings include USA, Notes 4.125% 15feb2036, USD (B-2036), USA, Notes 4.625% 15feb2035, USD (B-2035) and USA, Notes 4.25% 15nov2034, USD (F-2034). 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: GOVM or TLT?
GOVM holds 196 securities with 15.3% of its assets in the top 15. TLT has 48 securities and a top 15 weight of 58.22%.
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