SPY vs TLT: Which is better?
Quick Takeaway: SPY has a lower expense ratio (0.09%) than TLT (0.15%), making it more cost-effective for long-term buy-and-hold investors.
Comparison Matrix
| Metric | SPY (SPDR S&P 500 ETF Trust) | TLT (iShares 20+ Year Treasury Bond ETF) |
|---|---|---|
| Asset Class | US Large Cap | US Long-Term Treasury |
| Expense Ratio | 0.09% | 0.15% |
| Dividend Yield | 1.45% | 4.45% |
| AUM | $490B | $52B |
| Benchmark | S&P 500 | ICE U.S. Treasury 20+ Year Index |