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ETF comparison

TLT vs VGLT

Both US Treasury (Long).

iShares 20+ Year Treasury Bond ETF · Vanguard Long-Term Treasury Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
51.3 %

45 positions appear in both funds. Buying equal dollars of TLT and VGLT would leave roughly 51.3% of each dollar exposed to the same underlying securities.

TLT unmatched 47.0% Shared 51.3% VGLT unmatched 47.0%

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 TLT only
1 positions
Shared
45 positions
In VGLT only
52 positions

Side by side

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%
VGLT

Vanguard Long-Term Treasury Index Fund ETF Shares

Vanguard · US Treasury (Long)

88 composite / 100
Expense ratio
0.030%
Net assets
$14.84B
whole fund, 3 share classes
TTM yield
4.84%
Top-10 conc.
21.5%

Sub-score comparison

85
Cost
97
56
Tax efficiency
56
100
Liquidity
100
N/A
Concentration
N/A
—
Tracking quality
—
TLT sub-score VGLT

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

Cost difference

VGLT is 12 bps cheaper than TLT. On a $100,000 position that's about $120/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 TLT vs VGLT.

Top shared holdings

45 shared in total
# Holding In TLT In VGLT Overlap
1 United States of America 3.95% 2.22% 2.22%
2 United States of America 2.90% 2.21% 2.21%
3 United States of America 4.46% 2.21% 2.21%
4 United States of America 4.40% 2.17% 2.17%
5 United States of America 3.80% 2.17% 2.17%
6 United States of America 2.54% 2.17% 2.17%
7 United States of America 4.50% 2.14% 2.14%
8 United States of America 3.46% 2.13% 2.13%
9 United States of America 4.03% 2.04% 2.04%
10 United States of America 3.94% 2.04% 2.04%
11 United States of America 4.58% 1.83% 1.83%
12 United States of America 3.62% 1.64% 1.64%

Only in TLT

1 total
  • United States of America 0.54%

Only in VGLT

52 total
  • United States Treasury Note/Bond 1.54%
  • United States Treasury Note/Bond 1.41%
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 1.40%
  • United States Treasury Note/Bond 1.37%
  • United States Treasury Note/Bond 1.35%
  • United States Treasury Note/Bond 1.35%
  • United States Treasury Note/Bond 1.34%
  • United States Treasury Note/Bond 1.33%

Percentages are holdings overlap with the named fund.

Open TLT or VGLT 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.