IEF vs TLT: Which is better?

Quick Takeaway: Both IEF and TLT have the same expense ratio of 0.15%.

Comparison Matrix

Metric IEF (iShares 7-10 Year Treasury Bond ETF) TLT (iShares 20+ Year Treasury Bond ETF)
Asset Class US Intermediate Treasury US Long-Term Treasury
Expense Ratio 0.15% 0.15%
Dividend Yield 4.05% 4.45%
AUM $31B $52B
Benchmark ICE U.S. Treasury 7-10 Year Index ICE U.S. Treasury 20+ Year Index

Top 10 Holdings