Key facts, as of
As of November 2, 2026, iShares 20+ Year Treasury Bond ETF (TLT) trades at $81.93, down 9.3% over the past year. Its 52-week range runs from $76.43 to $90.86; the price is 9.8% below that high. It is 54.4% below its all-time high of $179.70, reached in March 2020. Over the 10 years to the end of October 2026, with dividends reinvested, it returned −16.9%, against +316.3% for the S&P 500 (SPY). It sits 3.1% below its 200-day average of $84.59. Its 30-day volatility is 10.1% annualized, which we rate low risk.
Cite: Portfolio Terminal, "iShares 20+ Year Treasury Bond ETF (TLT) stock analysis", 2026-11-02. https://portfolio-terminal.com/analyse/tlt
Where it trades today
trading 38% of the way up its 52-week range
How the price has moved
How far it is from its record
iShares 20+ Year Treasury Bond ETF (TLT) is 54.4% below its all-time high of $179.70, reached in March 2020. Over the 10 years to the end of October 2026, with dividends reinvested, it returned −16.9%, against +316.3% for the S&P 500 (SPY).
The read, from its own figures
What its numbers say
- TLT closes above its 50-day average ($80.50) while the 50-day is still under the 200-day ($84.59): a rebound inside a longer decline, not yet an uptrend.
- At $81.93, TLT is 9.8% below its 1-year high of $90.86, set on February 27, 2026, and 7.2% above its 1-year low of $76.43 (October 7, 2026).
- Over the past month TLT rose 5.7%, from $77.48 to $81.93.
- TLT's 30-day volatility, 10.1% a year, works out to a typical daily move of about 0.6%.
What would change the read
- The rebound holds while it closes above the 50-day average, $80.50 (−1.7%); it becomes an uptrend when the 50-day climbs 5.1% to cross the 200-day at $84.59.
- A close above $90.86 (+10.9%) would be a new 1-year high; below $76.43 (−6.7%), a new 1-year low.
How it is computed
- Prices are Yahoo Finance's daily candles for TLT, the same ones the chart below draws; the P/E, forward P/E and beta are Yahoo Finance quote fields.
- The averages are simple means of the last 50 and 200 closes; the 1-year high and low are the highest high and lowest low of the last 252 sessions; the 30-day volatility is the standard deviation of the past month's daily returns, annualized with the square root of 252.
- Every sentence here is written by code from those figures, refreshed daily; nobody edits it for TLT by hand. It describes what the price and the multiples have done, not what they will do, and it is not advice.
Sources
What this fund is
The underlying index consists of publicly-issued U.S. Treasury securities that have a remaining maturity greater than twenty years and have $300 million or more of outstanding face value, excluding amounts held by the Federal Reserve System (the “Fed”). The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in U.S. Treasury securities that manager believes will help the fund track the underlying index.
At 0.15% a year, $10,000 left for 30 years at 7% before fees would end $3,352 lower than with no fee, counting what the fee would have earned. Compare it with other funds
What the chart is saying
Back above its 50-day average, still under the long-term trend.
recovering- Price is 1.8% above its 50-day average and 3.1% below its 200-day.
- RSI at 64 is neither stretched nor washed out.
- The nearest ceiling is $84.15 (+2.7%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
What is the risk level of TLT?
Based on 30-day volatility of 10.1%, TLT has LOW risk.
How far is TLT from its all-time high?
iShares 20+ Year Treasury Bond ETF is 54.4% below its all-time high of $179.70, reached in March 2020. Over the 10 years to the end of October 2026, with dividends reinvested, it returned −16.9%, against +316.3% for the S&P 500 (SPY).
Compare TLT with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.
