Data as of Oct 28, 2026.
TLT vs VTV: Differences, Returns & Fees
Over the year to Oct 28, 2026, TLT returned −7.9% to VTV's +23.5%; 0% of their weight is in the same names.
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Net assets: $47.4bn on Oct 27, 2026 for iShares 20+ Year Treasury Bond ETF, and $184.2bn on Sep 30, 2026 for Vanguard Morningstar Value ETF.
Pair scorecard
VTV costs 0.12 points a year less; their one-year returns differ by 31.4 points; VTV is 4.0 times larger.
| Measure | TLT | VTV |
|---|---|---|
| Return | ||
| Total return, 1 year | −7.9% | +23.5% |
| Drawdown | ||
| Below its high | 42.6%, high on Aug 4, 2020 | |
| Benchmark | ||
| What it tracks | ICE U.S. Treasury 20+ Year Bond Index | Morningstar US Large Cap Value Index |
| Cost and size | ||
| Expense ratio | 0.15% | 0.03% |
| Net assets, as of Sep 30, 2026 | $46.2bn | $184.2bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 98% | |
| Top ten holdings, share of the fund | 23.6% | |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, TLT and VTV hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
TLT and VTV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
TLT
TLT tracks an index of 20+ year Treasuries. Over the year to Oct 28, 2026 it returned −7.9% with distributions reinvested, against −7.8% for its benchmark, the ICE U.S. Treasury 20+ Year Bond Index. The prospectus expense ratio is 0.15% a year. It sat 42.6% below its high of Aug 4, 2020 on Oct 28, 2026.
VTV
VTV tracks an index of US value. Over the year to Oct 28, 2026 it returned +23.5% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 300 positions, with the top ten at 23.6%.
Questions people ask
- Which returned more over the last year, TLT or VTV?
- In the year to Oct 28, 2026, with distributions reinvested, TLT returned −7.9% and VTV +23.5%.
- Which is cheaper, TLT or VTV?
- VTV is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, TLT against VTV, data as of Oct 28, 2026. https://etfiq.com/compare/any/tlt-vs-vtv
ETFIQ. (Oct 28, 2026). TLT against VTV. Retrieved from https://etfiq.com/compare/any/tlt-vs-vtv
[TLT against VTV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/tlt-vs-vtv)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.