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

In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and TLT −7.9%.

Which is cheaper, IWB or TLT?

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

Data as of Oct 28, 2026.

Across categories

IWB vs TLT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IWB returned +13.1% to TLT's −7.9%; 0% of their weight is in the same names.

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Net assets: $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF, and $47.4bn on Oct 27, 2026 for iShares 20+ Year Treasury Bond ETF.

IWB on its own →TLT on its own →

At a glance

+13.1%

IWB total return, 1 year

−7.9%

TLT total return, 1 year

0.15%

IWB expense ratio

0.15%

TLT expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 21.0 points.

Points (pts) are percentage points.

IWB vs TLT: Differences, Returns & Fees
Measure	IWB	TLT
Return
Measure	IWB	TLT
Total return, 1 year	+13.1%	−7.9%
Drawdown
Measure	IWB	TLT
Below its high		42.6%, high on Aug 4, 2020
Benchmark
Measure	IWB	TLT
What it tracks	Russell 1000 Index	ICE U.S. Treasury 20+ Year Bond Index
Cost and size
Measure	IWB	TLT
Expense ratio	0.15%	0.15%
Net assets, as of Oct 26, 2026	$48.7bn	$47.8bn
Holdings
Measure	IWB	TLT
Holdings in common	0%
In the S&P 500, by weight	92%
Top ten holdings, share of the fund	35.3%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWB TLT

Only in one fund ↓

Only in IWB

NVIDIA 7.15%

APPLE 7.06%

MICROSOFT 5.56%

AMAZON.COM INC 3.46%

ALPHABET CLASS A 2.63%

BROADCOM INC 2.24%

ALPHABET CLASS C 2.12%

META PLATFORMS CLASS A 1.92%

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

IWB iShares Russell 1000 ETF TLT iShares 20+ Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the Russell 1000 Tracks an index of 20+ year Treasuries

Total return, 1 year +13.1% −7.9%

Its benchmark over the same days +13.2% (VONE) −7.8% (BBLB)

Gap to its benchmark −0.1 pts vs VONE −0.1 pts vs BBLB

Expense ratio 0.15% 0.15%

Holdings 1025 47

Net assets, IWB as of Oct 28, 2026 and TLT as of Oct 27, 2026 $49.1bn $47.4bn

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

Alert

About each fund

IWB

IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 35.3%.

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, IWB or TLT?: In the year to Oct 28, 2026, with distributions reinvested, IWB returned +13.1% and TLT −7.9%.
Which is cheaper, IWB or TLT?: Neither: IWB and TLT both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

EDV vs IWB IWB vs VGLT IWB vs VGIT IWB vs MBB TLT vs USMV QUAL vs TLT SCHB vs TLT SCHX vs TLT

Where to next

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

Sources and dates

IWB and TLT filings on SEC EDGAR ↗

IWB prospectus with the expense ratio (SEC) ↗

iShares page for IWB ↗

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

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