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TLT vs MBB

Comparison between ISHARES 20+ YEAR TREASURY BOND ETF (TLT, ETF) and ISHARES MBS ETF (MBB, ETF).

5-Year PerformanceMBB has outperformed TLT, delivering a return of +0.3% compared to -7.8%

TLT vs MBB - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
TLT
$41B
MBB
$40B
Expense Ratio
TLT
0.15%
Winner
MBB
0.04%
Max Drawdown
TLT
52.10%
Winner
MBB
22.85%
Sharpe Ratio
TLT
-0.52
Winner
MBB
-0.01
5Y Beta
TLT
0.09
Winner
MBB
0.05
5Y Dividends CAGR
TLT
10.75%
Winner
MBB
14.93%

TLT vs MBB - Historical Returns

Returns include dividend reinvestment.

1M
TLT
-1.72%
Winner
MBB
-0.24%
3M
TLT
-2.24%
Winner
MBB
-0.32%
6M
TLT
-3.29%
Winner
MBB
-0.27%
1Y
TLT
-1.26%
Winner
MBB
+3.86%
5Y(CAGR)
TLT
-7.80%
Winner
MBB
+0.27%
10Y(CAGR)
TLT
-2.28%
Winner
MBB
+1.22%
Max(CAGR)
Winner
TLT
+3.52%
MBB
+2.64%

TLT vs MBB - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

YearTLTMBB
2026-2.35%+0.49%
2025+3.96%+8.48%
2024-7.53%+1.91%
2023+0.84%+4.52%
2022-29.39%-11.39%
2021-4.49%-1.44%
2020+16.83%+3.95%
2019+13.52%+5.99%
2018-0.53%+0.89%
2017+8.72%+2.43%
2016+0.45%+1.25%
2015-2.87%+1.13%
2014+26.91%+6.22%
2013-12.20%-1.98%
2012+4.20%+2.07%
2011+34.98%+6.01%
2010+9.14%+5.49%
2009-19.78%+4.73%
2008+32.03%+7.13%
2007+9.50%+4.99%
2006+0.84%N/A
2005+8.37%N/A
2004+10.01%N/A
2003+4.32%N/A
2002+9.75%N/A

TLT vs MBB 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 MBB was -17.64%, occurring on Oct 19, 2023. Recovery took 1185 trading sessions.

The current TLT drawdown is -41.78%. The current MBB drawdown is -1.69%.

RankTLTMBB
#1-48.35%
Aug 4, 2020 - Oct 19, 2023
-17.64%
Feb 9, 2021 - Oct 28, 2025
#2-26.58%
Dec 30, 2008 - Aug 18, 2011
-4.81%
Sep 25, 2012 - May 1, 2014
#3-20.48%
Jul 25, 2012 - Dec 10, 2014
-4.32%
Mar 9, 2020 - Mar 27, 2020
#4-17.88%
Jul 8, 2016 - Jul 2, 2019
-3.82%
Sep 17, 2008 - Nov 25, 2008
#5-15.80%
Jan 30, 2015 - Jun 9, 2016
-3.43%
Sep 27, 2016 - Aug 23, 2017
#6-15.73%
Mar 9, 2020 - Apr 21, 2020
-3.00%
May 20, 2008 - Sep 2, 2008
#7-15.69%
Jun 13, 2003 - Dec 15, 2004
-2.94%
Feb 27, 2026 - May 19, 2026
#8-10.91%
Oct 3, 2011 - Dec 19, 2011
-2.92%
Sep 7, 2017 - Dec 28, 2018
#9-10.82%
Jun 30, 2005 - Nov 24, 2006
-2.65%
Nov 4, 2010 - Apr 25, 2011
#10-10.41%
Dec 19, 2011 - May 17, 2012
-2.56%
May 8, 2007 - Aug 21, 2007
#11-8.63%
Apr 21, 2020 - Jul 30, 2020
-2.51%
Jan 22, 2008 - Mar 17, 2008
#12-8.24%
Aug 28, 2019 - Feb 20, 2020
-2.02%
May 20, 2009 - Jul 8, 2009
#13-8.03%
Dec 4, 2006 - Aug 31, 2007
-1.77%
Jan 8, 2009 - Mar 18, 2009
#14-7.49%
Mar 20, 2008 - Sep 4, 2008
-1.74%
Apr 15, 2015 - Sep 18, 2015
#15-6.68%
Sep 24, 2002 - Feb 20, 2003
-1.64%
Nov 30, 2009 - Feb 4, 2010

Correlation

Correlation between TLT and MBB is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86
-101

Dividend Comparison (2002 - 2026)

TLT vs MBB dividend yield comparison.

YearTLTMBB
20262.75%2.51%
20254.43%4.21%
20244.30%3.94%
20233.38%3.40%
20222.67%2.31%
20211.50%1.05%
20201.50%2.10%
20192.27%2.77%
20182.63%2.64%
20172.43%2.23%
20162.60%2.58%
20152.61%2.66%
20142.67%1.72%
20133.26%1.27%
20122.68%2.04%
20113.30%3.33%
20104.16%5.92%
20094.05%3.57%
20083.49%4.33%
20074.50%3.89%
20064.52%0.00%
20054.55%0.00%
20044.68%0.00%
20035.30%0.00%
20022.19%0.00%

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