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

In the year to Sep 13, 2026, with distributions reinvested, TBJL returned −6.9% and TLT returned −6.4%, so TLT returned more. One year is one year; the longer windows are in the table.

Which is cheaper, TBJL or TLT?

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

Are TBJL and TLT the same kind of fund?

No. TBJL 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 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

TBJL vs TLT: how they differ

Over the year TBJL and TLT finished level, −6.9% against −6.4%, and TLT charges 0.15% against 0.79%.

Innovator 20+ Year Treasury Bond 9 Buffer ETF - Jul and iShares 20+ Year Treasury Bond ETF.

TBJL and TLT on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	TBJL Innovator 20+ Year Treasury Bond 9 Buffer ETF - Jul	TLT iShares 20+ Year Treasury Bond ETF
Where it sits	Buffer ETF	Core index fund
Issuer	Innovator	iShares
What it is	Defined outcome, 9% on TLT	20+ year Treasuries
Total return, 1 year	−6.9%	−6.4%
S&P 500 over the same days	−6.4%	+17.5%
Gap to the S&P 500	−0.6 pts	−23.9 pts
Expense ratio	0.79%	0.15%
Holdings	not filed	41

TBJL in plain words

From its price on Sep 13, 2026, the fund can gain about 60.0% more before it reaches its cap. Protection left, in index points: 2.6% of the 9.0% buffer still sits below today's TLT level. 292 days remained on Sep 13, 2026. On Jun 30, 2027 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 returned more over the last year, TBJL or TLT?: In the year to Sep 13, 2026, with distributions reinvested, TBJL returned −6.9% and TLT returned −6.4%, so TLT returned more. One year is one year; the longer windows are in the table.
Which is cheaper, TBJL or TLT?: TBJL charges 0.79% a year and TLT charges 0.15%, so TLT is cheaper. Fees come from each fund's prospectus.
Are TBJL and TLT the same kind of fund?: No. TBJL 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.

Other comparisons

Where to next

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.

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

A comparison is not a recommendation. Standards and sources