|Day Lo||-||Day Hi||-|
This ETF offers exposure to long-term Treasuries, an asset class that has minimal credit risk but that may offer attractive current returns thanks to the extended duration and exposure to interest rate risk. TLO is probably too targeted to be a core holding in any long-term portfolio, but could be a useful tool for investors seeking to lengthen the effective duration of their fixed income portfolio. This fund should perform well if interest rates are falling, but may struggle if the Fed engages in a rate hike campaign. TLO is extremely efficient from a cost perspective, though investors should be careful in establishing a position as to avoid significant bid-ask spreads in this fund. There are a number of ETFs offering generally similar exposure; VGLT and TLT feature durations, expenses, and performance patterns that will not differ significantly from this fund from State Street.
The adjacent table gives investors an individual Realtime Rating for TLO on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Government Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||0.1%|
|Agency Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||0.0%|
|1% to 2%||0.0%|
|2% to 3%||42.2%|
|3% to 4%||30.28%|
|4% to 5%||18.45%|
|5% to 6%||4.12%|
|6% to 7%||4.84%|
|7% to 8%||0.0%|
|8% to 9%||0.0%|
|9% to 10%||0.0%|
|Greater Than 10%||0.0%|
|Less Than 1 Year||0.0%|
This ETF is currently available for commission free trading on the following platforms: (Charles Schwab)
There are 13 other ETFs in the Government Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of TLO relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.