Which is cheaper, TFJL or TLT?

TFJL charges 0.79% a year and TLT charges 0.15%, so TLT is cheaper. Fees come from each fund's prospectus.

Are TFJL and TLT the same kind of fund?

No. TFJL is a buffer ETF and TLT is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

TFJL vs TLT: how they differ

TFJL and TLT are measured over different days, and TLT charges 0.15% against 0.79%.

Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly and iShares 20+ Year Treasury Bond ETF.

TFJL and TLT on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	TFJL Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly	TLT iShares 20+ Year Treasury Bond ETF
Where it sits	Buffer ETF	Core index fund
Issuer	Innovator	iShares
What it is	Defined outcome, 5% to 100% on TLT	20+ year Treasuries
Total return, 1 year	not published	−6.4%
S&P 500 over the same days	not published	+17.5%
Gap to the S&P 500	not available	−23.9 pts
Expense ratio	0.79%	0.15%

TFJL in plain words

From its price on Sep 12, 2026, the fund can gain about 57.7% more before it reaches its cap. The fund's price can fall 0.2% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, TLT can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 93.6% of the 95.0% buffer still sits below today's TLT level. 19 days remained on Sep 12, 2026. On Sep 30, 2026 the period ends and a new cap is set.

TLT in plain words

TLT is a bond fund tracking the 20+ year Treasuries. Over the year to Sep 11, 2026 it returned −6.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. It sat 42.9% below its high of Aug 4, 2020 on Sep 11, 2026.

Questions people ask

Which is cheaper, TFJL or TLT?: TFJL charges 0.79% a year and TLT charges 0.15%, so TLT is cheaper. Fees come from each fund's prospectus.
Are TFJL and TLT the same kind of fund?: No. TFJL is a buffer ETF and TLT is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

TFJL against TLT, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, TFJL against TLT, data as of Sep 12, 2026. https://etfiq.com/compare/any/TFJL-TLT Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources