# iShares 20+ Year Treasury Bond ETF (TLT) vs State Street SPDR S&P 500 ETF Trust (SPY) · total-return overlay

LOPJLB holding-return compare (5Y). Dividends and splits. Each path starts at 0% from the first adjusted close in the window.

- Interactive: https://www.lopjlb.com/vs/TLT/SPY
- API: `GET /bff/api/bigfive/compare-series?symbols=TLT%2CSPY&range=5y`

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| TLT | -33.50% | -43.69% | -3.01% |
| SPY | +82.61% | -24.49% | +13.34% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| TLT | -1.80% | -9.68% | -0.56% | -33.50% |
| SPY | +19.97% | +43.10% | +77.98% | +82.61% |

## Annual

| Year | TLT | SPY |
|---|---:|---:|
| YTD | -3.01% | +13.34% |
| 2025 | +3.98% | +18.01% |
| 2024 | -7.51% | +25.59% |
| 2023 | +0.85% | +26.73% |
| 2022 | -29.39% | -18.64% |
| 2021 | +1.35% | +5.92% |

---

Research context only. Not personalized investment advice.