TLT vs TYA
iShares 20+ Year Treasury Bond ETF compared with Simplify Intermediate Term Treasury Futures Strategy ETF on yield, payout growth, payment schedule, cost and risk.
TLT
iShares 20+ Year Treasury Bond ETF
TTM yield · Monthly
TYA
Simplify Intermediate Term Treasury Futures Strategy ETF
TTM yield · Monthly
Quick take
- TLT yields more today: 4.73% vs 3.82% (forward).
- Both pay every month.
- Over the last year TLT delivered the higher total return: -0.6% vs -8.2% (price change plus payouts).
- TLT is cheaper to own: 0.15% vs 0.25% expense ratio.
- TLT has the steadier distribution: consistency 96/100 vs 55/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | TLT | TYA |
|---|---|---|
| Share price | $82.20 | $12.05 |
| TTM yield | 4.73% | 3.82% |
| Forward yield | 4.73% | 3.82% |
| Annual payout per share | $3.89 | $0.46 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 25, 2026 (est.) |
| Expense ratio | 0.15% | 0.25% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 96/100 | 55/100 |
| 1-year total return | -0.6% | -8.2% |
| 1-year price return | -5.1% | -11.5% |
| Size (market cap / AUM) | 47.0B | 65.0M |
| Years paying | 24.0 | 4.9 |
| 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 | TYA | |
|---|---|---|
| Shares | 121.7 | 829.9 |
| Income per year | $473 | $382 |
| Income per month (avg) | $39 | $32 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| TLT Oct 1, 2026 | Oct 4, 2026 | $0.3242 | Est. |
| TLT Oct 31, 2026 | Nov 3, 2026 | $0.3242 | Est. |
| TLT Nov 30, 2026 | Dec 3, 2026 | $0.3242 | Est. |
| TYA Sep 25, 2026 | Oct 9, 2026 | $0.0383 | Est. |
| TYA Oct 25, 2026 | Nov 8, 2026 | $0.0383 | Est. |
| TYA Nov 24, 2026 | Dec 8, 2026 | $0.0383 | Est. |
Annual payouts per share
TLTTYA
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 TYA?
TLT currently has the higher trailing yield: TLT yields 4.73% and TYA yields 3.82%. Yield changes daily with price, so check the live figures above.
How often do TLT and TYA pay?
TLT pays every month and TYA pays every month. TLT's next ex-date is Oct 1, 2026 and TYA's is Sep 25, 2026.
Is TLT or TYA better for income?
It depends on what you are optimising for. TLT and TYA 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.