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

In the year to Oct 28, 2026, with distributions reinvested, TLT returned −7.9% and XOP +62.5%.

Which is cheaper, TLT or XOP?

TLT is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

TLT vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, TLT returned −7.9% to XOP's +62.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $47.4bn for iShares 20+ Year Treasury Bond ETF and $4.6bn for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

TLT on its own →XOP on its own →

At a glance

−7.9%

TLT total return, 1 year

+62.5%

XOP total return, 1 year

0.15%

TLT expense ratio

0.35%

XOP expense ratio

Pair scorecard

TLT costs 0.20 points a year less; their one-year returns differ by 70.4 points; TLT is 10.3 times larger.

TLT vs XOP: Differences, Returns & Fees
Measure	TLT	XOP
Return
Measure	TLT	XOP
Total return, 1 year	−7.9%	+62.5%
Drawdown
Measure	TLT	XOP
Below its high	42.6%, high on Aug 4, 2020	24.8%, high on Jun 23, 2014
Benchmark
Measure	TLT	XOP
What it tracks	ICE U.S. Treasury 20+ Year Bond Index	S&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Measure	TLT	XOP
Expense ratio	0.15%	0.35%
Net assets, as of Oct 27, 2026	$47.4bn	$4.6bn
Holdings
Measure	TLT	XOP
Holdings in common	0%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, TLT and XOP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first TLT XOP

Only in one fund ↓

Only in TLT

TREASURY BOND 4.32%

TREASURY BOND 4.12%

TREASURY BOND (OLD) 4.07%

TREASURY BOND 4.02%

TREASURY BOND 3.93%

TREASURY BOND 3.92%

TREASURY BOND 3.89%

TREASURY BOND 3.88%

Only in XOP

RANGE RESOURCES CORP 3.48%

APA CORP 2.92%

MURPHY OIL CORP 2.89%

OVINTIV INC 2.85%

EOG RESOURCES INC 2.82%

EXXONMOBIL HOLDINGS CORP 2.82%

MARATHON PETROLEUM CORP 2.81%

CONOCOPHILLIPS 2.79%

Check overlap with more funds →

Side by side

TLT iShares 20+ Year Treasury Bond ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF

Where it sits Bond ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index of 20+ year Treasuries Tracks the S&P Oil & Gas Exploration & Production

Total return, 1 year −7.9% +62.5%

Its benchmark over the same days −7.8% (BBLB) not measured

Gap to its benchmark −0.1 pts vs BBLB not measured

Expense ratio 0.15% 0.35%

Holdings 47 52

Net assets, as of Oct 27, 2026 $47.4bn $4.6bn

TLT and XOP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

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.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, TLT or XOP?: In the year to Oct 28, 2026, with distributions reinvested, TLT returned −7.9% and XOP +62.5%.
Which is cheaper, TLT or XOP?: TLT is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

TLT vs VDE IYE vs TLT TLT vs XLE KRE vs TLT VGLT vs XOP EDV vs XOP VCIT vs XOP VCSH vs XOP

Where to next

TLT on its own →XOP on its own →Hold both: look the portfolio through →Rankings →TLT dividend history →TLT holdings →XOP dividend history →XOP holdings →Standards and sources →

Sources and dates

TLT filings on SEC EDGAR ↗

TLT prospectus with the expense ratio (SEC) ↗

iShares page for TLT ↗

XOP filings on SEC EDGAR ↗

XOP prospectus with the expense ratio (SEC) ↗

State Street website ↗

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 XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/tlt-vs-xop

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.