ETF comparison
GOVT vs TLT
US Treasury (Intermediate) vs US Treasury (Long).
iShares U.S. Treasury Bond ETF · iShares 20+ Year Treasury Bond ETF
Holdings overlap
38 positions appear in both funds. Buying equal dollars of GOVT and TLT would leave roughly 11.4% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
GOVT is 10 bps cheaper than TLT. On a $100,000 position that's about $100/yr more in fees for TLT.
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 GOVT vs TLT.
Top shared holdings
38 shared in total| # | Holding | In GOVT | In TLT | Overlap |
|---|---|---|---|---|
| 1 | United States of America | 1.46% | 2.73% | 1.46% |
| 2 | United States of America | 1.48% | 1.02% | 1.02% |
| 3 | United States of America | 0.60% | 3.62% | 0.60% |
| 4 | United States of America | 0.59% | 3.80% | 0.59% |
| 5 | United States of America | 0.54% | 4.40% | 0.54% |
| 6 | United States of America | 0.52% | 3.94% | 0.52% |
| 7 | United States of America | 0.45% | 2.90% | 0.45% |
| 8 | United States of America | 0.43% | 4.46% | 0.43% |
| 9 | United States of America | 0.43% | 3.46% | 0.43% |
| 10 | United States of America | 0.82% | 0.39% | 0.39% |
| 11 | United States of America | 0.39% | 3.95% | 0.39% |
| 12 | United States of America | 0.38% | 2.54% | 0.38% |
Only in GOVT
176 total- United States of America 5.28%
- United States of America 2.95%
- United States of America 2.63%
- United States of America 2.08%
- United States of America 1.62%
- United States of America 1.46%
- United States of America 1.38%
- United States of America 1.37%
- United States of America 1.36%
- United States of America 1.20%
Only in TLT
8 total- United States of America 2.63%
- United States of America 2.35%
- United States of America 0.94%
- United States of America 0.42%
- United States of America 0.00%
- United States of America 0.00%
- United States of America 0.00%
- United States of America 0.00%
Related comparisons
More comparisons with GOVT
- GOVT vs IEF · iShares 7-10 Year Treasury Bond ETF 9.6%
- GOVT vs VCRB · Vanguard Core Bond ETF 7.7%
- GOVT vs TLH · iShares 10-20 Year Treasury Bond ETF 7.4%
- GOVT vs CGCP · Capital Group Core Plus Income ETF 6.6%
- GOVT vs JCPB · JPMorgan Core Plus Bond ETF 4.4%
- GOVT vs CORP · PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund 1.8%
More comparisons with TLT
- TLT vs BND · Vanguard Total Bond Market Index Fund ETF Shares 5.6%
- TLT vs EAGG · iShares ESG U.S. Aggregate Bond ETF 5.2%
- TLT vs SCHZ · Schwab U.S. Aggregate Bond ETF 5.2%
- TLT vs AGG · iShares Core U.S. Aggregate Bond ETF 5.1%
- TLT vs SPAB · State Street SPDR Portfolio Aggregate Bond ETF 4.9%
- TLT vs IUSB · iShares Core Universal USD Bond ETF 4.1%
Percentages are holdings overlap with the named fund.
Open GOVT 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.