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ETF comparison

GLD vs TLT

Gold vs US Treasury (Long).

SPDR Gold Shares · iShares 20+ Year Treasury Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

0 positions appear in both funds. Buying equal dollars of GLD and TLT would leave roughly 0.0% of each dollar exposed to the same underlying securities.

GLD unmatched 0.0% Shared 0.0% TLT unmatched 99.4%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In GLD only
0 positions
Shared
0 positions
In TLT only
46 positions

Holdings data for GLD covers 0.0% of fund weight. The remainder lacks matchable identifiers in the N-PORT filing.

Side by side

GLD

SPDR Gold Shares

State Street · Gold

73 composite / 100
Expense ratio
0.40%
Net assets
$141.70B
TTM yield
0.00%
Top-10 conc.
—
TLT

iShares 20+ Year Treasury Bond ETF

iShares · US Treasury (Long)

83 composite / 100
Expense ratio
0.15%
Net assets
$46.23B
TTM yield
4.78%
Top-10 conc.
41.9%

Sub-score comparison

60
Cost
85
66
Tax efficiency
56
100
Liquidity
100
N/A
Concentration
N/A
—
Tracking quality
—
GLD sub-score TLT

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

TLT is 25 bps cheaper than GLD. On a $100,000 position that's about $250/yr more in fees for GLD.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with GLD vs TLT.

Top shared holdings

0 shared in total

No shared holdings between these funds.

Only in GLD

0 total

Every GLD position is also held by TLT.

Only in TLT

46 total
  • United States of America 4.84%
  • United States of America 4.75%
  • United States of America 4.58%
  • United States of America 4.50%
  • United States of America 4.46%
  • United States of America 4.40%
  • United States of America 4.25%
  • United States of America 4.03%
  • United States of America 3.86%
  • United States of America 3.80%

Percentages are holdings overlap with the named fund.

Open GLD or TLT at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.