TLT vs TLTI
iShares 20+ Year Treasury Bond ETF compared with NEOS Enhanced Income 20+ Year Treasury Bond ETF on yield, payout growth, payment schedule, cost and risk.
TLT
iShares 20+ Year Treasury Bond ETF
TTM yield · Monthly
TLTI
NEOS Enhanced Income 20+ Year Treasury Bond ETF
TTM yield · Monthly
Quick take
- TLTI yields more today: 6.47% vs 4.78% (forward).
- Both pay every month.
- Over the last year TLTI delivered the higher total return: -4.0% vs -4.6% (price change plus payouts).
- TLT is cheaper to own: 0.15% vs 0.58% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | TLT | TLTI |
|---|---|---|
| Share price | $81.34 | $42.41 |
| TTM yield | 4.78% | 6.47% |
| Forward yield | 4.78% | 6.47% |
| Annual payout per share | $3.892 | $2.743 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 11, 2026 (est.) |
| Expense ratio | 0.15% | 0.58% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 96/100 | 98/100 |
| 1-year total return | -4.6% | -4.0% |
| 1-year price return | -9.0% | -9.9% |
| Size (market cap / AUM) | 46.2B | 18.1M |
| Years paying | 24.1 | 1.8 |
| Sector / category | Long Government | Long Government |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| TLT | TLTI | |
|---|---|---|
| Shares | 122.9 | 235.8 |
| Income per year | $478 | $647 |
| Income per month (avg) | $40 | $54 |
At forward yields, before taxes. Model TLT · Model TLTI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| TLT Oct 31, 2026 | Nov 3, 2026 | $0.3243 | Est. |
| TLT Nov 30, 2026 | Dec 3, 2026 | $0.3243 | Est. |
| TLT Dec 30, 2026 | Jan 2, 2027 | $0.3243 | Est. |
| TLTI Nov 11, 2026 | Nov 25, 2026 | $0.2286 | Est. |
| TLTI Dec 9, 2026 | Dec 23, 2026 | $0.2286 | Est. |
| TLTI Jan 6, 2027 | Jan 20, 2027 | $0.2286 | Est. |
Annual payouts per share
TLTTLTI
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, TLT or TLTI?
TLTI currently has the higher trailing yield: TLT yields 4.78% and TLTI yields 6.47%. Yield changes daily with price, so check the live figures above.
How often do TLT and TLTI pay?
TLT pays every month and TLTI pays every month. TLT's next ex-date is Oct 31, 2026 and TLTI's is Nov 11, 2026.
Is TLT or TLTI better for income?
It depends on what you are optimising for. TLT and TLTI differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.