Data as of Nov 4, 2026.

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RSBT vs TLT: Differences, Returns & Fees

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Over the year to Nov 4, 2026, RSBT returned +7.9% to TLT's −4.8%, and TLT charges 0.15% to RSBT's 1.01%.

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Net assets: $135m on Jul 31, 2026 for Return Stacked Bonds & Managed Futures ETF, and $48.3bn on Nov 3, 2026 for iShares 20+ Year Treasury Bond ETF.

At a glance
+7.9%
RSBT total return, 1 year
−4.8%
TLT total return, 1 year
1.01%
RSBT expense ratio
0.15%
TLT expense ratio

Pair scorecard

TLT costs 0.86 points a year less; their one-year returns differ by 12.7 points.

RSBT vs TLT: Differences, Returns & Fees
MeasureRSBTTLT
Return
Total return, 1 year+7.9%−4.8%
Total return, 52 weeks+8.0%
Drawdown
Below its high41.8%, high on Aug 4, 2020
Against its benchmark
What it tracksnot publishedICE U.S. Treasury 20+ Year Bond Index
Treasury bills, 52 weeks+3.7%
Against cash4.4 points ahead
Cost and size
Expense ratio1.01%0.15%
Net assets, RSBT as of Jul 31, 2026 and TLT as of Nov 3, 2026$135m$48.3bn
Holdings
Holdings in commonnot published
Risk
Correlation with the S&P 500’s weekly returns+0.52
Beta to the S&P 500+0.52: about 0.52% for each 1%
Its average week when the S&P 500 fellfell 0.80%
Down-week capture74.4%
Weeks the S&P 500 fell26 of 52, by 1.07% on average

Method

Side by side

RSBT Return Stacked Bonds & Managed Futures ETF TLT iShares 20+ Year Treasury Bond ETF
Where it sits Alternatives ETF Bond ETF
What it is Managed futures Tracks an index of 20+ year Treasuries
Total return, 1 year +7.9% −4.8%
Its benchmark over the same days not measured −4.7% (BBLB)
Gap to its benchmark not measured −0.1 pts vs BBLB
Expense ratio 1.01% 0.15%
Holdings not read by ETFIQ 47
Net assets, RSBT as of Jul 31, 2026 and TLT as of Nov 3, 2026 $135m $48.3bn

RSBT and TLT on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
RSBT

RSBT is a managed futures fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Nov 4, 2026, its weekly returns had a correlation of +0.52 with the S&P 500’s and a beta of +0.52, so for each 1% the index moved it moved about 0.52% the same way. The S&P 500 fell in 26 of those 52 weeks, by 1.07% on average. In the same weeks RSBT fell 0.80% on average, a down-week capture of 74.4%. Over the same 52 weeks RSBT returned +8.0% and a Treasury bill fund +3.7%, so it finished 4.4 percentage points ahead of cash.

TLT

TLT tracks an index of 20+ year Treasuries. Over the year to Nov 4, 2026 it returned −4.8% with distributions reinvested, against −4.7% for its benchmark, the ICE U.S. Treasury 20+ Year Bond Index. The prospectus expense ratio is 0.15% a year. It sat 41.8% below its high of Aug 4, 2020 on Nov 4, 2026.

Questions people ask

Are RSBT and TLT in the same category?
RSBT is an alternatives ETF and TLT is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, RSBT or TLT?
In the year to Nov 4, 2026, with distributions reinvested, RSBT returned +7.9% and TLT −4.8%.
Which is cheaper, RSBT or TLT?
TLT is cheaper, by 0.86 percentage points a year. That is about $86 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, RSBT against TLT, data as of Nov 4, 2026. https://etfiq.com/compare/any/rsbt-vs-tlt

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