TIP vs TLT: Which is better?

Quick Takeaway: TLT has a lower expense ratio (0.15%) than TIP (0.19%), making it more cost-effective for long-term buy-and-hold investors.

Comparison Matrix

Metric TIP (iShares TIPS Bond ETF) TLT (iShares 20+ Year Treasury Bond ETF)
Asset Class US Inflation-Protected Bond US Long-Term Treasury
Expense Ratio 0.19% 0.15%
Dividend Yield 3.80% 4.45%
AUM $18B $52B
Benchmark Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index ICE U.S. Treasury 20+ Year Index

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