ETF comparison
PYLD vs TLT
US Aggregate Bond vs US Treasury (Long).
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund · iShares 20+ Year Treasury Bond ETF
Holdings overlap
1 positions appear in both funds. Buying equal dollars of PYLD and TLT would leave roughly 0.6% 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
TLT is 49 bps cheaper than PYLD. On a $100,000 position that's about $490/yr more in fees for PYLD.
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 PYLD vs TLT.
Top shared holdings
1 shared in total| # | Holding | In PYLD | In TLT | Overlap |
|---|---|---|---|---|
| 1 | United States Treasury | 0.60% | 2.63% | 0.60% |
Only in PYLD
1,756 total- UMBS, TBA 7.01%
- UMBS, TBA 6.55%
- UMBS, TBA 4.83%
- Fannie Mae 2.97%
- UMBS, TBA 1.78%
- UMBS, TBA 1.42%
- United States Treasury 1.20%
- Freddie Mac 1.06%
- REPUBLIC OF PERU 0.89%
- RD MICHIGAN PROP OWNER I 0.84%
Only in TLT
45 total- 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 4.15%
- United States of America 4.04%
- United States of America 4.03%
- United States of America 3.95%
- United States of America 3.94%
- United States of America 3.86%
Related comparisons
More comparisons with PYLD
- PYLD vs DFCF · Dimensional Core Fixed Income ETF 0.6%
- PYLD vs ICSH · iShares Ultra Short Duration Bond Active ETF 0.3%
- PYLD vs VMBS · Vanguard Mortgage-Backed Securities Index Fund ETF Shares 0.2%
- PYLD vs MBB · iShares MBS ETF 0.2%
- PYLD vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.1%
- PYLD vs GOVT · iShares U.S. Treasury Bond ETF 0.0%
More comparisons with TLT
- TLT vs AGGY · WisdomTree Yield Enhanced U.S. Aggregate Bond Fund 0.6%
- TLT vs BOND · PIMCO Active Bond Exchange-Traded Fund 0.5%
- TLT vs TLH · iShares 10-20 Year Treasury Bond ETF 0.4%
- TLT vs VWOB · Vanguard Emerging Markets Government Bond Index Fund ETF Shares 0.0%
- TLT vs DFCF · Dimensional Core Fixed Income ETF 0.0%
- TLT vs ANGL · VanEck Fallen Angel High Yield Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open PYLD 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.