GBTC vs TLT

Grayscale Bitcoin Trust vs iShares 20+ Year Treasury Bond ETF

Quick take
  • TLT has the lower expense ratio at 0.15% vs 1.50% for GBTC.
  • TLT pays a higher dividend yield (4.57%).

Side-by-side metrics

MetricGBTCTLT
Expense ratio
Annual fee. Lower is better.
1.50%0.15%
Dividend yield
Trailing 12-month yield.
0.00%4.57%
AUM
Assets under management — bigger funds are typically more liquid.
$11.52B$42.91B
YTD return
-7.40%0.24%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.002.37
P/E ratio
Last price
$62.28$85.65
Inception
Issuer
GrayscaleiShares

GBTC top holdings

Holdings data unavailable for GBTC.

TLT top holdings

Holdings data unavailable for TLT.

About GBTC

GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $11.5B in assets under management, an expense ratio of 1.50%.

About TLT

TLT (iShares 20+ Year Treasury Bond ETF) is Long-dated US Treasuries (20+ years). Managed by iShares, the fund carries $42.9B in assets under management, an expense ratio of 0.15%, a dividend yield of 4.57%.