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

Top 10 Holdings