TLTvsIEFETF Comparison
VS
iShares 20+ Year Treasury Bond ETF (TLT) and iShares 7-10 Year Treasury Bond ETF (IEF) belong to the same industry segment: US Government Bonds. Both ETFs have the same top 2 sector exposures: Sovereign and Non-Corporate. Both TLT and IEF have the same Total Expense Ratio (TER) of 0.15%. TLT is down -6.43% year-to-date (YTD) with +$5.84B in YTD flows. IEF performs better with -3.86% YTD performance, and -$1.04B in YTD flows. Run a side-by-side ETF comparison of TLT and IEF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
TLT vs IEF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TLT IEF | -2.17%-1.02% | -5.08%-3.09% | -6.43%-3.86% | -9.16%-4.02% | +3.97%+10.61% | -35.35%-9.17% |
| Flows | TLT IEF | +$2.63B+$157M | +$9.66B-$3.93B | +$5.84B-$1.04B | +$5.26B+$6.09B | +$14.83B+$16.04B | +$52.27B+$33.75B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TLT IEF | +9.98%+5.04% | +9.23%+4.75% | +12.81%+6.17% | +15.41%+7.64% |
| Max drawdown | TLT IEF | -7.66%-4.27% | -12.42%-6.81% | -16.55%-6.88% | -43.68%-20.43% |
| Max drawdown duration | TLT IEF | 87d50d | 227d227d | 758d319d | 1774d1774d |
Trading data
TLT | IEF | |
Last sale 10/15/2026 at 3:17 PM | $80.13 | $90.36 |
| Previous close 10/14/2026 | $78.89 | $89.71 |
| Consolidated volume 10/14/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 15, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
TLT | IEF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/15/2026 at 3:17 PM
Live
Closed
TLT | IEF | |
|---|---|---|
| Last price | $80.13 | $90.36 |
| 1D performance | +1.57% | +0.72% |
| AuM | $49.02 B | $41.29 B |
| E/R | 0.15% | 0.15% |
Advertisement
Exposure
Countries
TLT
USA
99.66%
Other
0.34%
IEF
USA
96.87%
Other
3.13%
Sectors
TLT
Sovereign
98.58%
Other
1.42%
IEF
Sovereign
95.76%
Other
4.24%
Advertisement
Diversification
TLT
Total weight of top 15 holdings out of 15
58.22%
IEF
Total weight of top 15 holdings out of 15
100.18%
Top 15 holdings
Data as of August 31, 2026
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%
IEF
USA, Notes 4.125% 15feb2036, USD (B-2036)
9.32%
USA, Notes 4.375% 15may2036, USD (C-2036)
8.83%
USA, Notes 4.625% 15feb2035, USD (B-2035)
8.76%
USA, Notes 4.25% 15nov2034, USD (F-2034)
8.74%
USA, Notes 4% 15nov2035, USD (F-2035)
8.63%
USA, Notes 4.375% 15may2034, USD (C-2034)
8.42%
USA, Notes 4.25% 15may2035, USD (C-2035)
8.32%
USA, Notes 4.25% 15aug2035, USD (E-2035)
8.27%
USA, Notes 4% 15feb2034, USD (B-2034)
8.13%
USA, Notes 4.5% 15nov2033, USD (F-2033)
7.02%
USA, Notes 3.875% 15aug2034, USD (E-2034)
6.74%
US91282CRF04
3.83%
USA, Notes 3.875% 15aug2033, USD (E-2033)
3.30%
BlackRock Cash Funds - Treasury
1.11%
USA, Bonds 4.5% 15feb2036, USD
0.77%
Frequently asked questions about TLT and IEF
How have the TLT and IEF ETFs performed in 2026?
As of October 14, 2026, TLT is down -6.43% year-to-date (YTD), while IEF has lost -3.86%. That puts IEF better performer ahead so far this year.
Which ETF is attracting more investor money: TLT or IEF?
Year-to-date, the TLT ETF saw +$5.84B in flows, compared to -$1.04B for IEF.
Which ETF is more volatile: TLT or IEF?
Over the past year, TLT had a volatility of 9.23%, while IEF experienced 4.75%.
Which ETF is bigger: TLT or IEF?
As of October 14, 2026, TLT holds $49.02 B in assets under management (AUM), while IEF manages $41.29 B.
What sectors do the TLT and IEF ETFs invest in?
TLT leans toward sectors like Sovereign. Meanwhile, IEF focuses on Sovereign.
What are the top holdings of the TLT ETF and IEF ETF?
TLT top holdings include USA, Bonds 4.75% 15may2055, USD, USA, Bonds 4.625% 15may2054, USD and USA, Bonds 4.125% 15aug2053, USD. IEF holds in its top three: USA, Notes 4.125% 15feb2036, USD (B-2036), USA, Notes 4.375% 15may2036, USD (C-2036) and USA, Notes 4.625% 15feb2035, USD (B-2035).
Which ETF is more diversified: TLT or IEF?
TLT holds 48 securities with 58.22% of its assets in the top 15. IEF has 17 securities and a top 15 weight of 100.18%.
Advertisement
Latest news about TLT & IEF
Beyond TLT: Treasury ETFs For the Long Duration Trade
October 13, 2026
TLT
The Weekly ETF Market Monitor (September 28-October 2, 2026)
October 2, 2026
TLT
What Happens if You Buy and Hold a Leveraged ETF?
May 20, 2026
TLT
Advertisement
Two Strategies Bond ETFs Can Use to Boost Monthly Income
September 24, 2025
TLT
Two Strategies Bond ETFs Can Use to Boost Monthly Income
September 24, 2025
TLT
U.S. Yield Curve Normalization Signals Economic Resilience
December 16, 2024
TLT
Investors Hate TreasuryDirect: These Treasury ETFs Offer a Solution
November 19, 2024
IEF
Advertisement
