TLT vs TROT
iShares 20+ Year Treasury Bond ETF compared with Invesco MSCI Treasury Duration Rotation ETF on yield, payout growth, payment schedule, cost and risk.
TLT
iShares 20+ Year Treasury Bond ETF
TTM yield · Monthly
TROT
Invesco MSCI Treasury Duration Rotation ETF
TTM yield · Monthly
Quick take
- TLT yields more today: 4.78% vs 3.55% (forward).
- Both pay every month.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | TLT | TROT |
|---|---|---|
| Share price | $81.34 | $24.24 |
| TTM yield | 4.78% | 2.36% |
| Forward yield | 4.78% | 3.55% |
| Annual payout per share | $3.892 | $0.8595 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.15% | 0.15% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 96/100 | 97/100 |
| 1-year total return | -4.6% | — |
| 1-year price return | -9.0% | — |
| Size (market cap / AUM) | 46.2B | 1.0M |
| Years paying | 24.1 | 0.6 |
| 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 | TROT | |
|---|---|---|
| Shares | 122.9 | 412.5 |
| Income per year | $478 | $355 |
| Income per month (avg) | $40 | $30 |
At forward yields, before taxes. Model TLT · Model TROT
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. |
| TROT Nov 16, 2026 | Nov 30, 2026 | $0.0716 | Est. |
| TROT Dec 14, 2026 | Dec 28, 2026 | $0.0716 | Est. |
| TROT Jan 11, 2027 | Jan 25, 2027 | $0.0716 | Est. |
Annual payouts per share
TLTTROT
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 TROT?
TLT currently has the higher trailing yield: TLT yields 4.78% and TROT yields 2.36%. Yield changes daily with price, so check the live figures above.
How often do TLT and TROT pay?
TLT pays every month and TROT pays every month. TLT's next ex-date is Oct 31, 2026 and TROT's is Nov 16, 2026.
Is TLT or TROT better for income?
It depends on what you are optimising for. TLT and TROT 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.