ETF·NASDAQ
iShares 20+ Year Treasury Bond ETF (TLT)
- Net assets
- $46.23B
- Expense ratio
- 0.15%
- Yield
- 5.00%
- 52-week range
- $76.43 $92.19
The short version
Where TLT stands today, in four lines, and what CleaRank Financial AI makes of it.
TLT at a glance
iShares 20+ Year Treasury Bond ETF (TLT): Hold, 55/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($80.78 and $84.99).
- Fund Expense ratio 0.15%, $46.2B in net assets, -8.9% total return over 1 year.
Figures as of October 16, 2026.
CleaRank Financial AI
The iShares 20+ Year Treasury Bond ETF (TLT) is currently trading at $79.97, below its 50-day simple moving average of $80.78 and its 200-day simple moving average of $84.99.
This indicates a bearish trend in the short to medium term. The fund's strategy focuses on long-duration U.S. Treasury securities, making it a core holding for investors seeking exposure to the long end of the government bond market. Despite the bearish price action, the ETF's neutral 14-day RSI of 55.75 suggests that the market is not currently overextended in either direction, potentially offering a pause or consolidation phase.
Only on CleaRank
Figures we compute ourselves from TLT's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $79.97 is 1.0% below the 50-day simple moving average of $80.78.Price above its 200-day average ›
The price is 5.9% below the 200-day simple moving average of $84.99.50-day average above the 200-day ›
The 50-day average ($80.78) is 4.9% below the 200-day average ($84.99), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 22% of its 52-week range, between $76.43 and $92.19.
TLT share price
Pick a period: each tab shows how far TLT has moved over it, to the last close.
Today's trading
Where TLT sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
3/4Expense ratio at or below 0.20% ›
The fund charges 0.15% a year, $15.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $46.2B.Pays a distribution ›
The distribution yield is 5.00%.Positive return over one year ›
The fund family reports a one-year total return of -8.88%.
TLT Fund Facts
iShares 20+ Year Treasury Bond ETF is a fixed-income exchange-traded fund designed to provide targeted exposure to long-duration U.S. Treasury securities. The fund seeks to track the ICE U.S. Treasury 20+ Year Bond Index, holding publicly issued government bonds with remaining maturities of more than twenty years. Its portfolio is focused almost entirely on U.S. Treasury debt, making it a core instrument for investors and institutions seeking broad access to the long end of the government bond market.
Trailing total returns
| Period | TLT |
|---|---|
| YTD | -8.00% |
| 1 month | -5.27% |
| 3 months | -8.85% |
| 1 year | -8.88% |
| 3 years | -0.09% |
| 5 years | -8.44% |
| 10 years | -2.78% |
As of Oct 16, 2026, TLT has an expense ratio of 0.15%, $46.23B in net assets and a distribution yield of 5.00%.
Fund reference data as of Oct 16, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for TLT.
What the numbers say
CleaRank Financial AI's reading of TLT's holdings, performance and risks.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
2/3RSI not overbought or oversold ›
The 14-day RSI is 55.8, in neutral territory.RSI above 50 ›
An RSI of 55.8 is above the 50 midpoint, so buyers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of TLT
The score, the reasoning behind it, and what could move the price next.
At $79.97, TLT is trading below its 50-day simple moving average of $80.78 and its 200-day simple moving average of $84.99, indicating a bearish trend.
The 20-day exponential moving average is at $78.95, with the price trading above it, suggesting some short-term support. The 14-day RSI is at 55.75, which is in neutral territory, not indicating overbought or oversold conditions. The Stochastic indicator is at 85.51, suggesting it is nearing overbought levels, while the CCI is at 254.68, indicating strong positive momentum but potentially overextended. Volume was significantly above average, with 86,514,400 shares traded, 96.1% above the average volume.
Technical indicators
Momentum and trend for TLT, from its daily closes.
As of October 16, 2026, with TLT at $79.97, its 14-day RSI is 55.8 (neutral territory), its 50-day simple moving average is $80.78 and its 200-day is $84.99.
Calculated by CleaRank on daily closes as of October 16, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What TLT moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 16, 2026, TLT's 1-year correlation of daily returns is +0.14 with S&P 500 (SPY), +0.09 with Nasdaq 100 (QQQ), +0.07 with Bitcoin (BTC) and +0.10 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
TLT trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from TLT's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much TLT tends to move, against the market and on its own.
The long record
TLT's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
1/4Average daily move under 2% ›
The price has moved 0.67% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 47.6%, from August 2020 to October 2023; the price is still 43.3% below that peak.Most 1-year holds ended higher ›
44% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $8,040.66, against $42,525 in the S&P 500 (SPY).
TLT Drawdowns & Recovery
As of October 16, 2026, TLT's worst peak-to-trough fall over the last 10 years with dividends reinvested was -47.6% (August 2020 to October 2023); it is still 43.3% below that peak, and 44% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into TLT in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: TLT trailed the S&P 500 over this period: $8,040.66 against $42,525.
A $10,000 investment in TLT in October 2016 would be worth about $8,041 today with dividends reinvested, compared with about $42,525 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to TLT, and which have not.
Strongest month, August: an average of +1.23%, up in 6 of 10 years.
Weakest month, September: an average of -2.70%, up in 2 of 10 years.
This month, October: has averaged -2.24%, up in 2 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, TLT's strongest calendar month has been August (average +1.23%, up in 6 of 10 years) and its weakest September (average -2.70%, up in 2 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in TLT, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in TLT today could grow to about $10,243 by 2036 in the base case, with a 90th-percentile outcome near $18,690 and a 10th-percentile outcome around $5,614. The simulation models price only; at today's 5.00% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
TLT 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $80.74 for TLT by 2030 in the base case, from $79.97 today (1.0x over 4 years). The 10th-percentile path ends near $55.20. These are outcomes of a Monte Carlo simulation run on TLT's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $66.28 | $80.16 | $96.95 | |
| 2028 | $61.41 | $80.36 | $105 | |
| 2029 | $57.94 | $80.55 | $112 | |
| 2030 | $55.20 | $80.74 | $118 | |
| 2031 | $52.90 | $80.94 | $124 |
Method: a lognormal simulation of TLT's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 16, 2026.