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

In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and TLT −7.9%.

Which is cheaper, FDVV or TLT?

Neither: FDVV and TLT both charge 0.15% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

FDVV vs TLT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FDVV returned +13.5% to TLT's −7.9%; 0% of their weight is in the same names.

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Net assets: $10.2bn on Sep 30, 2026 for Fidelity High Dividend ETF, and $47.4bn on Oct 27, 2026 for iShares 20+ Year Treasury Bond ETF.

FDVV on its own →TLT on its own →

At a glance

+13.5%

FDVV total return, 1 year

−7.9%

TLT total return, 1 year

0.15%

FDVV expense ratio

0.15%

TLT expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 21.4 points; TLT is 4.5 times larger.

Points (pts) are percentage points.

FDVV vs TLT: Differences, Returns & Fees
Measure	FDVV	TLT
Return
Measure	FDVV	TLT
Total return, 1 year	+13.5%	−7.9%
Drawdown
Measure	FDVV	TLT
Below its high		42.6%, high on Aug 4, 2020
Benchmark
Measure	FDVV	TLT
What it tracks	Fidelity High Dividend Index	ICE U.S. Treasury 20+ Year Bond Index
Cost and size
Measure	FDVV	TLT
Expense ratio	0.15%	0.15%
Net assets, as of Sep 30, 2026	$10.2bn	$46.2bn
Holdings
Measure	FDVV	TLT
Holdings in common	0%
In the S&P 500, by weight	87%
Top ten holdings, share of the fund	33.8%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

What they share

By the books each fund has filed, FDVV and TLT hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FDVV TLT

Only in one fund ↓

Only in FDVV

NVIDIA CORP 6.57%

APPLE INC 6.18%

MICROSOFT CORP 4.88%

BROADCOM INC 3.11%

JPMORGAN CHASE and CO 2.76%

DELL TECHNOLOGIES INC 2.66%

BANK OF AMERICA CORPORATION 1.96%

COCA COLA CO 1.96%

Only in TLT

TREASURY BOND 4.32%

TREASURY BOND 4.12%

TREASURY BOND (OLD) 4.07%

TREASURY BOND 4.02%

TREASURY BOND 3.93%

TREASURY BOND 3.92%

TREASURY BOND 3.89%

TREASURY BOND 3.88%

Check overlap with more funds →

Side by side

FDVV Fidelity High Dividend ETF TLT iShares 20+ Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer Fidelity iShares

What it is Tracks an index of High Dividend Tracks an index of 20+ year Treasuries

Total return, 1 year +13.5% −7.9%

Its benchmark over the same days not measured −7.8% (BBLB)

Gap to its benchmark not measured −0.1 pts vs BBLB

Expense ratio 0.15% 0.15%

Holdings 95 47

Net assets, FDVV as of Sep 30, 2026 and TLT as of Oct 27, 2026 $10.2bn $47.4bn

FDVV and TLT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

FDVV

FDVV tracks an index of High Dividend. Over the year to Oct 28, 2026 it returned +13.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jul 31, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 95 positions, with the top ten at 33.8%.

TLT

TLT tracks an index of 20+ year Treasuries. Over the year to Oct 28, 2026 it returned −7.9% with distributions reinvested, against −7.8% for its benchmark, the ICE U.S. Treasury 20+ Year Bond Index. It sat 42.6% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FDVV or TLT?: In the year to Oct 28, 2026, with distributions reinvested, FDVV returned +13.5% and TLT −7.9%.
Which is cheaper, FDVV or TLT?: Neither: FDVV and TLT both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

FDVV vs VGLT EDV vs FDVV FDVV vs IUSB FDVV vs IEF SPHD vs TLT TLT vs VLUE SPYD vs TLT PVAL vs TLT

Where to next

FDVV on its own →TLT on its own →Hold both: look the portfolio through →Rankings →FDVV dividend history →FDVV holdings →TLT dividend history →TLT holdings →Standards and sources →

Sources and dates

FDVV filings on SEC EDGAR ↗

FDVV prospectus with the expense ratio (SEC) ↗

Fidelity website ↗

TLT filings on SEC EDGAR ↗

TLT prospectus with the expense ratio (SEC) ↗

iShares page for TLT ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, FDVV against TLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/fdvv-vs-tlt

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.