TLT vs IWB

Comparison between ISHARES 20+ YEAR TREASURY BOND ETF (TLT, ETF) and ISHARES RUSSELL 1000 ETF (IWB, ETF).

5-Year PerformanceIWB has outperformed TLT, delivering a return of +12.5% compared to -6.1%

TLT vs IWB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TLT(ETF)	IWB(ETF)
Net Assets	$43B	$43B
Expense Ratio	0.15%	0.15%
Max Drawdown	51.76%	56.43%
Sharpe Ratio	-0.08	1.99
5Y Beta	0.06	0.98
P/E Ratio	N/A	27.79
Forward P/E	N/A	21.51
5Y Dividends CAGR	14.06%	9.65%
5Y EPS CAGR	N/A	25.49%
Debt to Equity	N/A	39.40%
P/S Ratio	N/A	3.09
P/B Ratio	N/A	4.84

Net Assets

TLT

$43B

Winner

IWB

$43B

Expense Ratio

TLT

0.15%

IWB

0.15%

Max Drawdown

Winner

TLT

51.76%

IWB

56.43%

Sharpe Ratio

TLT

-0.08

Winner

IWB

1.99

5Y Beta

Winner

TLT

0.06

IWB

0.98

P/E Ratio

TLT

N/A

IWB

27.79

Forward P/E

TLT

N/A

IWB

21.51

5Y Dividends CAGR

Winner

TLT

14.06%

IWB

9.65%

5Y EPS CAGR

TLT

N/A

IWB

25.49%

Debt to Equity

TLT

N/A

IWB

39.40%

P/S Ratio

TLT

N/A

IWB

3.09

P/B Ratio

TLT

N/A

IWB

4.84

TLT vs IWB - Historical Returns

Returns include dividend reinvestment.

Period	TLT	IWB
1 month	-0.60%	+8.52%
3 months	-0.56%	+6.03%
6 months	-1.72%	+10.03%
1 year	+3.54%	+30.94%
5 years(CAGR)	-6.10%	+12.51%
10 years(CAGR)	-1.41%	+15.17%
Max(CAGR)	+3.68%	+8.52%

TLT

-0.60%

Winner

IWB

+8.52%

TLT

-0.56%

Winner

IWB

+6.03%

TLT

-1.72%

Winner

IWB

+10.03%

TLT

+3.54%

Winner

IWB

+30.94%

5Y(CAGR)

TLT

-6.10%

Winner

IWB

+12.51%

10Y(CAGR)

TLT

-1.41%

Winner

IWB

+15.17%

Max(CAGR)

TLT

+3.68%

Winner

IWB

+8.52%

TLT vs IWB - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	TLT	IWB
2026	+0.39%	+7.73%
2025	+3.96%	+17.40%
2024	-7.53%	+25.08%
2023	+0.84%	+27.04%
2022	-29.39%	-19.70%
2021	-4.49%	+28.10%
2020	+16.83%	+19.74%
2019	+13.52%	+31.11%
2018	-0.53%	-5.57%
2017	+8.72%	+20.58%
2016	+0.45%	+13.69%
2015	-2.87%	+0.86%
2014	+26.91%	+14.05%
2013	-12.20%	+29.59%
2012	+4.20%	+14.77%
2011	+34.98%	+0.22%
2010	+9.14%	+14.18%
2009	-19.78%	+24.67%
2008	+32.03%	-36.70%
2007	+9.50%	+5.37%
2006	+0.84%	+13.49%
2005	+8.37%	+7.04%
2004	+10.01%	+10.98%
2003	+4.32%	+25.31%
2002	+9.75%	-22.03%
2001	N/A	-8.93%
2000	N/A	-4.97%

TLT vs IWB Drawdown Comparison

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

The maximum drawdown for IWB was -55.38%, occurring on Mar 9, 2009. Recovery took 1119 trading sessions.

The current TLT drawdown is -40.15%.

Rank	TLT	IWB
#1	-48.35% Aug 4, 2020 - Oct 19, 2023	-55.38% Oct 9, 2007 - Mar 19, 2012
#2	-26.58% Dec 30, 2008 - Aug 18, 2011	-48.25% Sep 1, 2000 - Oct 13, 2006
#3	-20.48% Jul 25, 2012 - Dec 10, 2014	-34.60% Feb 19, 2020 - Aug 10, 2020
#4	-17.88% Jul 8, 2016 - Jul 2, 2019	-25.20% Jan 3, 2022 - Dec 14, 2023
#5	-15.80% Jan 30, 2015 - Jun 9, 2016	-19.72% Sep 20, 2018 - Apr 12, 2019
#6	-15.73% Mar 9, 2020 - Apr 21, 2020	-19.09% Feb 19, 2025 - Jun 26, 2025
#7	-15.69% Jun 13, 2003 - Dec 15, 2004	-14.25% May 21, 2015 - Jun 2, 2016
#8	-10.91% Oct 3, 2011 - Dec 19, 2011	-9.97% Jan 26, 2018 - Jul 25, 2018
#9	-10.82% Jun 30, 2005 - Nov 24, 2006	-9.86% Apr 2, 2012 - Aug 16, 2012
#10	-10.41% Dec 19, 2011 - May 17, 2012	-9.45% Jul 19, 2007 - Oct 5, 2007
#11	-8.63% Apr 21, 2020 - Jul 30, 2020	-9.33% Sep 2, 2020 - Nov 11, 2020
#12	-8.24% Aug 28, 2019 - Feb 20, 2020	-8.86% Jan 27, 2026 - Apr 15, 2026
#13	-8.03% Dec 4, 2006 - Aug 31, 2007	-8.43% Jul 16, 2024 - Sep 19, 2024
#14	-7.49% Mar 20, 2008 - Sep 4, 2008	-7.58% Sep 18, 2014 - Oct 31, 2014
#15	-6.68% Sep 24, 2002 - Feb 20, 2003	-7.30% Sep 14, 2012 - Jan 2, 2013

Correlation

Correlation between TLT and IWB is 0.58 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.58

-101

Dividend Comparison (2000 - 2026)

TLT vs IWB dividend yield comparison.

Year	TLT	IWB
2026	1.50%	0.22%
2025	4.43%	1.00%
2024	4.30%	1.14%
2023	3.38%	1.31%
2022	2.67%	1.56%
2021	1.50%	1.09%
2020	1.50%	1.37%
2019	2.27%	1.71%
2018	2.63%	2.06%
2017	2.43%	1.64%
2016	2.60%	1.89%
2015	2.61%	1.95%
2014	2.67%	1.70%
2013	3.26%	1.68%
2012	2.68%	2.05%
2011	3.30%	1.93%
2010	4.16%	1.67%
2009	4.05%	1.94%
2008	3.49%	2.49%
2007	4.50%	1.68%
2006	4.52%	1.57%
2005	4.55%	1.92%
2004	4.68%	1.73%
2003	5.30%	1.42%
2002	2.19%	1.54%
2001	0.00%	1.14%
2000	0.00%	0.64%