Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
TLT vs USHY: how they differ
TLT and USHY hold 0% of their weight in the same names, and USHY returned more over the year.
iShares 20+ Year Treasury Bond ETF and iShares Broad USD High Yield Corporate Bond ETF.
What they hold in common
By the books each fund has filed, TLT and USHY hold 0% of their money in the same securities at the same weight.
| Only in TLT | Only in USHY |
|---|---|
| TREASURY BOND (2OLD) 4.16% | BLK CSH FND TREASURY SL AGENCY 1.17% |
| TREASURY BOND (OLD) 4.05% | 1261229 BC LTD 144A 0.49% |
| TREASURY BOND (OTR) 1.03% | MERIDIAN ARC HOLDCO LLC 144A 0.38% |
| TREASURY BOND 0.02% | PR RNO PROPERTY OWNER 1 LLC 144A 0.29% |
| GALAXY HELIOS DATA CENTERS II LLC 144A 0.24% | |
| SV RNO PROPERTY OWNER 1 LLC 144A 0.24% | |
| WULF COMPUTE LLC 144A 0.24% | |
| CORE SCIENTIFIC FINANCE I LLC 144A 0.23% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| TLT iShares 20+ Year Treasury Bond ETF | USHY iShares Broad USD High Yield Corporate Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | 20+ year Treasuries | Broad USD High Yield Corporate Bond |
| Total return, 1 year | −6.4% | +3.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −23.9 pts | −14.2 pts |
| Expense ratio | 0.15% | 0.08% |
| Holdings | 41 | 1871 |
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.
USHY in plain words
USHY is a bond fund tracking the Broad USD High Yield Corporate Bond. Over the year to Sep 11, 2026 it returned +3.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year.
Questions people ask
- Which returned more over the last year, TLT or USHY?
- In the year to Sep 13, 2026, with distributions reinvested, TLT returned −6.4% and USHY returned +3.3%, so USHY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, TLT or USHY?
- TLT charges 0.15% a year and USHY charges 0.08%, so USHY is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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.
Cite this page. ETFIQ, TLT against USHY, data as of Sep 13, 2026. https://etfiq.com/compare/any/tlt-vs-ushy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources