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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
51.2 %

46 positions appear in both funds. Buying equal dollars of TLT and VGLT would leave roughly 51.2% of each dollar exposed to the same underlying securities.

TLT unmatched 46.9% Shared 51.2% VGLT unmatched 46.9%

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
0 positions
Shared
46 positions
In VGLT only
53 positions

Side by side

TLT

iShares 20+ Year Treasury Bond ETF

iShares · US Treasury (Long)

83 composite / 100
Expense ratio
0.15%
Net assets
$47.52B
TTM yield
4.41%
Top-10 conc.
40.2%
VGLT

Vanguard Long-Term Treasury Index Fund ETF Shares

Vanguard · US Treasury (Long)

88 composite / 100
Expense ratio
0.030%
Net assets
$16.40B
whole fund, 3 share classes
TTM yield
4.45%
Top-10 conc.
20.8%

Sub-score comparison

85
Cost
97
57
Tax efficiency
57
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

46 shared in total
# Holding In TLT In VGLT Overlap
1 United States of America 3.37% 2.18% 2.18%
2 United States of America 4.46% 2.15% 2.15%
3 United States of America 2.95% 2.13% 2.13%
4 United States of America 3.80% 2.10% 2.10%
5 United States of America 3.94% 2.09% 2.09%
6 United States of America 3.71% 2.09% 2.09%
7 United States of America 3.92% 2.09% 2.09%
8 United States of America 4.40% 2.04% 2.04%
9 United States of America 3.75% 2.00% 2.00%
10 United States of America 4.03% 1.99% 1.99%
11 United States of America 3.94% 1.96% 1.96%
12 United States of America 4.18% 1.80% 1.80%

Only in TLT

0 total

Every TLT position is also held by VGLT.

Only in VGLT

53 total
  • United States Treasury Note/Bond 1.51%
  • United States Treasury Note/Bond 1.39%
  • United States Treasury Note/Bond 1.38%
  • United States Treasury Note/Bond 1.37%
  • United States Treasury Note/Bond 1.37%
  • United States Treasury Note/Bond 1.35%
  • United States Treasury Note/Bond 1.34%
  • United States Treasury Note/Bond 1.34%
  • United States Treasury Note/Bond 1.31%
  • United States Treasury Note/Bond 1.31%

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.