(TLT) iShares 20+ Year Treasury - Ratings and Ratios

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US4642874329

Treasury Bonds, Government Securities

Risk via 10d forecast
Volatility 9.80%
Value at Risk 5%th 16.7%
Relative Tail Risk 3.59%
Reward TTM
Sharpe Ratio -0.05
Alpha -1.87
Character TTM
Hurst Exponent 0.558
Beta 0.070
Beta Downside -0.002
Drawdowns 3y
Max DD 22.44%
Mean DD 9.63%
Median DD 10.09%

Description: TLT iShares 20+ Year Treasury September 29, 2025

The iShares 20+ Year Treasury Bond ETF (TLT) is required to allocate at least 80 % of its net assets to the securities that compose its benchmark index, and at least 90 % to U.S. Treasury obligations that the manager believes will best replicate that index’s performance. The index tracks public U.S. Treasury securities with a remaining maturity of 20 years or more.

Key quantitative attributes (as of the most recent reporting period) include an expense ratio of 0.15 %, an average effective duration of roughly 20 years, and a weighted-average yield near 4.2 %. The fund manages roughly $80 billion in assets, making it one of the largest long-duration government-bond ETFs. Because its price is highly sensitive to changes in the Federal Reserve’s policy rate and long-term inflation expectations, TLT’s performance tends to diverge sharply from equities during periods of rising rates.

Investors should treat the ETF’s high duration as a double-edged sword: it can deliver sizable capital gains if long-term yields fall, but it also amplifies losses when yields rise. Consequently, the fund’s risk profile is more appropriate for portfolios that can tolerate significant short-term volatility in exchange for exposure to the long end of the Treasury curve.

For a deeper, data-driven assessment of how TLT fits into a broader fixed-income strategy, you might explore the analytics available on ValueRay.

TLT ETF Overview

Market Cap in USD 50,556m
Category Long Government
TER 0.15%
IPO / Inception 2002-07-22
Return 12m vs S&P 500 -9.92%
Analyst Rating -

TLT Dividends

Metric Value
Dividend Yield 4.36%
Yield on Cost 5y 2.80%
Yield CAGR 5y 12.24%
Payout Consistency 94.3%
Payout Ratio -

TLT Growth Ratios

Metric Value
CAGR 3y -1.15%
CAGR/Max DD Calmar Ratio -0.05
CAGR/Mean DD Pain Ratio -0.12
Current Volume 25777.9k
Average Volume 30033.6k

What is the price of TLT shares?

As of November 21, 2025, the stock is trading at USD 88.88 with a total of 25,777,900 shares traded.
Over the past week, the price has changed by -1.38%, over one month by -2.57%, over three months by +3.70% and over the past year by +2.35%.

Is TLT a buy, sell or hold?

iShares 20+ Year Treasury has no consensus analysts rating.

What are the forecasts/targets for the TLT price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 96.1 8.1%

TLT Fundamental Data Overview November 15, 2025

Market Cap USD = 50.56b (50.56b USD * 1.0 USD.USD)
Beta = 2.36
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 50.56b USD (50.56b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 50.56b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 50.56b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.27% (E(50.56b)/V(50.56b) * Re(6.27%) + (debt-free company))
Discount Rate = 6.27% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for TLT ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle