DIA vs TLT

Comparison between SPDR Dow Jones Industrial Average ETF (DIA, ETF) and ISHARES 20+ YEAR TREASURY BOND ETF (TLT, ETF).

5-Year PerformanceDIA has outperformed TLT, delivering a return of +9.3% compared to -6.1%

DIA vs TLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DIA(ETF)	TLT(ETF)
Net Assets	$42B	$43B
Expense Ratio	0.16%	0.15%
Max Drawdown	53.78%	51.76%
Sharpe Ratio	1.40	-0.08
5Y Beta	0.80	0.06
P/E Ratio	23.62	N/A
Forward P/E	20.37	N/A
PEG Ratio	0.76	N/A
5Y Dividends CAGR	4.94%	14.06%
5Y EPS CAGR	13.70%	N/A
Debt to Equity	8.52%	N/A
P/S Ratio	3.04	N/A
P/B Ratio	5.27	N/A

Net Assets

DIA

$42B

Winner

TLT

$43B

Expense Ratio

DIA

0.16%

Winner

TLT

0.15%

Max Drawdown

DIA

53.78%

Winner

TLT

51.76%

Sharpe Ratio

Winner

DIA

1.40

TLT

-0.08

5Y Beta

DIA

0.80

Winner

TLT

0.06

P/E Ratio

DIA

23.62

TLT

N/A

Forward P/E

DIA

20.37

TLT

N/A

PEG Ratio

DIA

0.76

TLT

N/A

5Y Dividends CAGR

DIA

4.94%

Winner

TLT

14.06%

5Y EPS CAGR

DIA

13.70%

TLT

N/A

Debt to Equity

DIA

8.52%

TLT

N/A

P/S Ratio

DIA

3.04

TLT

N/A

P/B Ratio

DIA

5.27

TLT

N/A

DIA vs TLT - Historical Returns

Returns include dividend reinvestment.

Period	DIA	TLT
1 month	+3.58%	-0.60%
3 months	-0.64%	-0.56%
6 months	+6.40%	-1.72%
1 year	+21.73%	+3.54%
5 years(CAGR)	+9.26%	-6.10%
10 years(CAGR)	+13.05%	-1.41%
Max(CAGR)	+8.25%	+3.68%

Winner

DIA

+3.58%

TLT

-0.60%

DIA

-0.64%

Winner

TLT

-0.56%

Winner

DIA

+6.40%

TLT

-1.72%

Winner

DIA

+21.73%

TLT

+3.54%

5Y(CAGR)

Winner

DIA

+9.26%

TLT

-6.10%

10Y(CAGR)

Winner

DIA

+13.05%

TLT

-1.41%

Max(CAGR)

Winner

DIA

+8.25%

TLT

+3.68%

DIA vs TLT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DIA	TLT
2026	+3.02%	+0.39%
2025	+15.16%	+3.96%
2024	+14.75%	-7.53%
2023	+16.06%	+0.84%
2022	-7.61%	-29.39%
2021	+22.22%	-4.49%
2020	+8.27%	+16.83%
2019	+24.60%	+13.52%
2018	-3.99%	-0.53%
2017	+27.49%	+8.72%
2016	+18.21%	+0.45%
2015	+0.07%	-2.87%
2014	+10.73%	+26.91%
2013	+26.55%	-12.20%
2012	+8.36%	+4.20%
2011	+7.33%	+34.98%
2010	+12.30%	+9.14%
2009	+19.10%	-19.78%
2008	-31.16%	+32.03%
2007	+8.83%	+9.50%
2006	+17.40%	+0.84%
2005	+1.79%	+8.37%
2004	+5.22%	+10.01%
2003	+23.93%	+4.32%
2002	-15.62%	+9.75%
2001	-4.73%	N/A
2000	-4.50%	N/A
1999	+8.46%	N/A

DIA vs TLT Drawdown Comparison

The maximum drawdown for DIA was -51.88%, occurring on Mar 9, 2009. Recovery took 1078 trading sessions.

The maximum drawdown for TLT was -48.35%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current DIA drawdown is -0.77%. The current TLT drawdown is -40.15%.

Rank	DIA	TLT
#1	-51.88% Oct 9, 2007 - Jan 19, 2012	-48.35% Aug 4, 2020 - Oct 19, 2023
#2	-36.69% Feb 12, 2020 - Nov 9, 2020	-26.58% Dec 30, 2008 - Aug 18, 2011
#3	-35.00% Jan 14, 2000 - Dec 21, 2004	-20.48% Jul 25, 2012 - Dec 10, 2014
#4	-20.75% Jan 4, 2022 - Nov 29, 2023	-17.88% Jul 8, 2016 - Jul 2, 2019
#5	-18.14% Oct 3, 2018 - Apr 18, 2019	-15.80% Jan 30, 2015 - Jun 9, 2016
#6	-15.96% Dec 4, 2024 - Jul 3, 2025	-15.73% Mar 9, 2020 - Apr 21, 2020
#7	-13.86% May 19, 2015 - Apr 14, 2016	-15.69% Jun 13, 2003 - Dec 15, 2004
#8	-11.19% Jan 26, 2018 - Sep 18, 2018	-10.91% Oct 3, 2011 - Dec 19, 2011
#9	-9.76% Feb 10, 2026 - Mar 27, 2026	-10.82% Jun 30, 2005 - Nov 24, 2006
#10	-8.55% May 1, 2012 - Aug 10, 2012	-10.41% Dec 19, 2011 - May 17, 2012
#11	-8.37% Mar 4, 2005 - Nov 21, 2005	-8.63% Apr 21, 2020 - Jul 30, 2020
#12	-8.00% May 10, 2006 - Sep 15, 2006	-8.24% Aug 28, 2019 - Feb 20, 2020
#13	-7.70% Jul 19, 2007 - Sep 27, 2007	-8.03% Dec 4, 2006 - Aug 31, 2007
#14	-7.56% Oct 5, 2012 - Jan 15, 2013	-7.49% Mar 20, 2008 - Sep 4, 2008
#15	-7.14% Dec 31, 2013 - Apr 1, 2014	-6.68% Sep 24, 2002 - Feb 20, 2003

Correlation

Correlation between DIA and TLT is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (1999 - 2026)

DIA vs TLT dividend yield comparison.

Year	DIA	TLT
2026	0.40%	1.50%
2025	1.43%	4.43%
2024	1.61%	4.30%
2023	1.81%	3.38%
2022	1.91%	2.67%
2021	1.58%	1.50%
2020	1.87%	1.50%
2019	1.85%	2.27%
2018	2.24%	2.63%
2017	1.97%	2.43%
2016	2.26%	2.60%
2015	2.33%	2.61%
2014	2.02%	2.67%
2013	2.08%	3.26%
2012	2.54%	2.68%
2011	2.44%	3.30%
2010	2.39%	4.16%
2009	2.70%	4.05%
2008	3.35%	3.49%
2007	2.17%	4.50%
2006	2.04%	4.52%
2005	2.10%	4.55%
2004	2.05%	4.68%
2003	1.84%	5.30%
2002	2.08%	2.19%
2001	1.56%	0.00%
2000	1.47%	0.00%
1999	0.26%	0.00%