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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

TLT vs VOO: how they differ

TLT and VOO hold 0% of their weight in the same names, and VOO returned more over the year.

iShares 20+ Year Treasury Bond ETF and Vanguard 500 Index Fund.

What they hold in common

By the books each fund has filed, TLT and VOO hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in TLTOnly in VOO
TREASURY BOND (2OLD) 4.16%NVIDIA Corp 7.53%
TREASURY BOND (OLD) 4.05%Apple Inc 6.61%
TREASURY BOND (OTR) 1.03%Microsoft Corp 4.31%
TREASURY BOND 0.02%Amazon.com Inc 3.63%
Alphabet Inc 3.26%
Broadcom Inc 2.78%
Alphabet Inc 2.60%
Micron Technology Inc 2.02%

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 Jun 30, 2026 and Sep 10, 2026.

TLT and VOO on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
TLT
iShares 20+ Year Treasury Bond ETF
VOO
Vanguard 500 Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it is20+ year TreasuriesS&P 500
Total return, 1 year−6.4%+17.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−23.9 pts+0.1 pts
Expense ratio0.15%0.03%
Holdings41506

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.

VOO in plain words

VOO is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 36.5%.

Questions people ask

Which returned more over the last year, TLT or VOO?
In the year to Sep 13, 2026, with distributions reinvested, TLT returned −6.4% and VOO returned +17.6%, so VOO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, TLT or VOO?
TLT charges 0.15% a year and VOO charges 0.03%, so VOO is cheaper. Fees come from each fund's prospectus.

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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.

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

A comparison is not a recommendation. Standards and sources