TLT Performance — iShares 20+ Year Treasury Bond ETF
Data updated: 2026-07-24
TLT returned −0.25% year to date and +3.89% over one year to May 2026. Annualised returns are −1.98% over 3 years and −6.08% over 5 years. The fund trailed its Long-Term Government Bond category average: $100 invested three years ago grew to $94, against $104 for the category, and to $104 over one year, against $106. Volatility over the past three years was 13.72% a year. In the 12 months to May 2026 the fund lost a net $7.9B, and assets reached $42.91B.
TLT Growth of $100
What $100 invested in iShares 20+ Year Treasury Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Government Bond category average over the same months.
| Period | TLT | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $106 |
| 3 years (Jun 2023 – May 2026) | $94 | $104 |
| 5 years (Jun 2021 – May 2026) | $73 | $86 |
| Since data start (Sep 2019 – May 2026) | $71 | $89 |
TLT Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.25% |
| 1 year | +3.89% |
| 3 years (annualised) | −1.98% |
| 5 years (annualised) | −6.08% |
TLT Annual Returns
Calendar-year total returns of iShares 20+ Year Treasury Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −0.25% |
| 2025 | +4.17% |
| 2024 | −7.84% |
| 2023 | +2.97% |
| 2022 | −31.41% |
| 2021 | −4.76% |
| 2020 | +17.93% |
| 2019 (Sep–Dec) | −6.80% |
TLT Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.1% | +4.5% | −4.1% | −0.9% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.5% | +5.6% | −1.3% | −1.4% | −3.1% | +2.6% | −1.0% | −0.1% | +3.6% | +1.4% | +0.2% | −2.5% |
| 2024 | −2.3% | −2.2% | +0.9% | −6.4% | +2.9% | +1.7% | +3.6% | +2.2% | +1.9% | −5.4% | +1.9% | −6.2% |
| 2023 | +7.8% | −4.9% | +4.8% | +0.4% | −3.0% | +0.2% | −2.5% | −3.1% | −8.0% | −5.4% | +9.9% | +8.6% |
| 2022 | −3.9% | −1.6% | −5.4% | −9.5% | −2.2% | −1.4% | +2.6% | −4.6% | −8.2% | −6.3% | +7.3% | −2.8% |
| 2021 | −3.7% | −5.8% | −5.2% | +2.4% | +0.1% | +4.4% | +3.7% | −0.3% | −2.9% | +2.4% | +2.9% | −2.1% |
| 2020 | +7.0% | +6.9% | +7.1% | +1.1% | −2.1% | +0.2% | +4.4% | −4.6% | +0.5% | −3.1% | +1.3% | −1.2% |
| 2019 | — | — | — | — | — | — | — | — | −2.7% | −0.9% | −0.5% | −2.9% |
TLT Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.72%
- 3-year Sharpe ratio: -0.47 (vs 4.5% risk-free rate)
- Best month: +9.88% (Nov 2023)
- Worst month: −7.97% (Sep 2023)
TLT Fund Flows
Monthly money in and out of iShares 20+ Year Treasury Bond ETF, from SEC Form N-PORT.
- 12-month net flow: −$7.9B
- 12-month gross sales (incl. reinvestments): $47.3B
- Sales ÷ redemptions: 0.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.1B | $4.2B | −$91.4M |
| Apr 2026 | $3.5B | $2.7B | $823.8M |
| Mar 2026 | $5.6B | $6.4B | −$775.8M |
| Feb 2026 | $2.5B | $4.1B | −$1.6B |
| Jan 2026 | $2.3B | $4.5B | −$2.2B |
| Dec 2025 | $4.6B | $5.2B | −$627.8M |
| Nov 2025 | $3.4B | $3.3B | $107.8M |
| Oct 2025 | $4.2B | $3.8B | $331.8M |
| Sep 2025 | $5.6B | $5.8B | −$195.5M |
| Aug 2025 | $3.9B | $4.6B | −$749.2M |
| Jul 2025 | $4.7B | $4.5B | $170.1M |
| Jun 2025 | $3.0B | $6.1B | −$3.0B |
TLT Assets Under Management
Net assets of iShares 20+ Year Treasury Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $42.91B |
| 2026-02-28 | $45.43B |
| 2025-11-30 | $49.72B |
| 2025-08-31 | $47.48B |
| 2025-05-31 | $50.90B |
| 2025-02-28 | $53.27B |
| 2024-11-30 | $59.70B |
| 2024-08-31 | $62.04B |
| 2024-05-31 | $47.68B |
| 2024-02-29 | $49.84B |
| 2023-11-30 | $45.87B |
| 2023-08-31 | $40.73B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.