{"url":"https://etfiq.com/compare/any/tlt-vs-toak","section":"compare","title":"TLT vs TOAK: ETF Differences, Returns & Fees | ETFIQ","description":"TLT vs TOAK to Oct 27, 2026: one-year total return \u22126.9% against +3.6%, expense ratio 0.15% against 0.26%. One bond ETF and one alternatives ETF.","as_of":"Oct 27, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Are TLT and TOAK in the same category?","acceptedAnswer":{"@type":"Answer","text":"TLT is a bond ETF and TOAK is an alternatives ETF, so they do different jobs. The table compares what both publish: return, cost and holdings."}},{"@type":"Question","name":"Which returned more over the last year, TLT or TOAK?","acceptedAnswer":{"@type":"Answer","text":"In the year to Oct 27, 2026, with distributions reinvested, TLT returned \u22126.9% and TOAK +3.6%."}},{"@type":"Question","name":"Which is cheaper, TLT or TOAK?","acceptedAnswer":{"@type":"Answer","text":"TLT is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"TLT vs TOAK","item":"https://etfiq.com/compare/any/tlt-vs-toak"}]},{"@type":"WebPage","name":"TLT vs TOAK: ETF Differences, Returns & Fees","description":"TLT vs TOAK to Oct 27, 2026: one-year total return \u22126.9% against +3.6%, expense ratio 0.15% against 0.26%. One bond ETF and one alternatives ETF.","url":"https://etfiq.com/compare/any/tlt-vs-toak","dateModified":"2026-10-27","speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"}},{"@type":"Dataset","name":"ETFIQ comparison of TLT and TOAK","description":"TLT vs TOAK to Oct 27, 2026: one-year total return \u22126.9% against +3.6%, expense ratio 0.15% against 0.26%. One bond ETF and one alternatives ETF.","dateModified":"2026-10-27","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"url":"https://etfiq.com/compare/any/tlt-vs-toak","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/core.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/crypto.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"},{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":3,"name":"TLT vs TOAK","item":"https://etfiq.com/compare/any/tlt-vs-toak"}]},{"@type":"WebPage","name":"TLT vs TOAK: ETF Differences, Returns & Fees","description":"TLT vs TOAK to Oct 27, 2026: one-year total return \u22126.9% against +3.6%, expense ratio 0.15% against 0.26%. One bond ETF and one alternatives ETF.","url":"https://etfiq.com/compare/any/tlt-vs-toak","dateModified":"2026-10-27","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4329,"truncated":true,"content":"ETFIQ / Compare ETFs / TLT vs TOAK \n \n Data as of Oct 27, 2026.\n ETFIQ etfiq.com \u00b7 independent ETF data \n TLT vs TOAK: Differences, Returns & Fees\n Over the year to Oct 27, 2026, TLT returned \u22126.9% to TOAK's +3.6%, and TLT charges 0.15% to TOAK's 0.26%.\n Copy this for sharing \n TLT costs 0.11 points a year less; their one-year returns differ by 10.5 points.\n TLT and TOAK at a glance. As of Oct 27, 2026. Source: ETFIQ. TLT TOAK \n Expense ratio 0.15% 0.26% \n Net assets, TLT as of Oct 26, 2026 and TOAK as of May 31, 2026 $47.8bn $90m \n Total return, 1 year \u22126.9% +3.6% \n What it tracks ICE U.S. Tr","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, TLT against TOAK, data as of Oct 27, 2026. https://etfiq.com/compare/any/tlt-vs-toak","a":{"ticker":"TLT","name":"iShares 20+ Year Treasury Bond ETF","issuer":"iShares","desk":"core","as_of":"2026-10-27","verdict":"TLT tracks an index of 20+ year Treasuries and returned \u22126.9% over the past year.","url":"https://etfiq.com/funds/tlt","key_facts":[{"label":"Total return, 1 year","value":"\u22126.9%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Expense ratio","value":"0.15%","as_of":"2026-06-18","source":"485BPOS XBRL, Jun 18, 2026"},{"label":"Holdings","value":"47","as_of":"2026-10-26","source":"the issuer\u2019s daily holdings file"},{"label":"Below its high","value":"\u221242.1%","as_of":"2026-10-27","source":"ETFIQ"},{"label":"12-month yield, capital gains included, on its starting price","value":"4.2%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid monthly), ex-date Oct 1, 2026","value":"$0.3116","as_of":"2026-10-01","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$47.8bn","as_of":"2026-10-26","source":"the issuer\u2019s own daily fund list, as of Oct 26, 2026"}]},"b":{"ticker":"TOAK","name":"Manager Directed Portfolios Twin Oak Short Horizon Absolute Return ETF","issuer":"Manager Directed Portfolios","desk":"alternatives","as_of":"2026-10-27","verdict":"Over the year to Oct 27, 2026, TOAK returned 3.6%. When the S&P 500 fell, it fell 2% as much.","url":"https://etfiq.com/funds/toak","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.17","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.04","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"1.9%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"\u22120.1 pts","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$90m","as_of":"2026-05-31","source":"SEC N-PORT, whole fund, as filed for May 31, 2026"},{"label":"Expense ratio","value":"0.26%","as_of":"2026-09-25","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/any/tlt-vs-toak"}