Which returned more over the last year, BITO or TLT?

In the year to Sep 13, 2026, with distributions reinvested, BITO returned −34.8% and TLT returned −6.4%, so TLT returned more. One year is one year; the longer windows are in the table.

Which is cheaper, BITO or TLT?

BITO charges 0.95% a year and TLT charges 0.15%, so TLT is cheaper. Fees come from each fund's prospectus.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BITO vs TLT: how they differ

BITO and TLT hold 0% of their weight in the same names, and TLT returned more over the year.

ProShares Bitcoin ETF and iShares 20+ Year Treasury Bond ETF.

What they hold in common

By the books each fund has filed, BITO and TLT hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in BITO	Only in TLT
CME BITCOIN FUT DIGITAL ASSETS 25/SEP/20 81.49%	TREASURY BOND (2OLD) 4.16%
COINBASE BIT FUT DIGITAL ASSETS 25/SEP/2 14.27%	TREASURY BOND (OLD) 4.05%
S&P CME BITCOIN FUTURES DAILY ROLL INDEX 4.24%	TREASURY BOND (OTR) 1.03%
	TREASURY BOND 0.02%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026 and Sep 11, 2026.

BITO and TLT on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	BITO ProShares Bitcoin ETF	TLT iShares 20+ Year Treasury Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	ProShares	iShares
What it is	Bitcoin	20+ year Treasuries
Total return, 1 year	−34.8%	−6.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−52.3 pts	−23.9 pts
Expense ratio	0.95%	0.15%
Holdings	3	41

BITO in plain words

BITO is a digital asset fund tracking the Bitcoin. Over the year to Sep 11, 2026 it returned −34.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.95% a year. It sat 40.3% below its high of Oct 6, 2025 on Sep 11, 2026.

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 returned more over the last year, BITO or TLT?: In the year to Sep 13, 2026, with distributions reinvested, BITO returned −34.8% and TLT returned −6.4%, so TLT returned more. One year is one year; the longer windows are in the table.
Which is cheaper, BITO or TLT?: BITO charges 0.95% a year and TLT charges 0.15%, so TLT is cheaper. Fees come from each fund's prospectus.

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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.

BITO against TLT, ETFIQ, data as of Sep 13, 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, BITO against TLT, data as of Sep 13, 2026. https://etfiq.com/compare/any/bito-vs-tlt Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources