TLT vs FPAS
YTDYear to date
FPAS wins+1.7 pts
Past year
FPAS wins+4.5 pts
Fee
TLT winslower fee
Yield
TLT wins+0.1 pts
AUM
TLT2973.6× more
2–2level
TLT and FPAS · year-to-date · as of Nov 10, 2026 · AUM not scored
FPAS vs S&P 500
1W$24.33 · +0.2% last sessionDividend-adjusted total return. S&P 500 uses VOO.CompareS&P 500+ Peer avg+ Add a fund
Return1D1M3MYTD1Y3Y5YMAX
Total return+0.2%+2.2%+0.3%−0.6%+0.1%——+6.5%
Peer average−0.1%+2.4%+0.1%−0.4%−0.7%+12.5%−5.3%—
S&P 500 · VOO+2.3%−3.3%−2.1%+11.3%+13.6%+81.6%+75.4%+814.2%
FPA FPAS and Vanguard VOO · total return, dividends in · as of Nov 10, 2026
FPAS’s Holdings
TodayUS TREAS NTS 4Us Treas Nts 4.125% 06/30/3144.1%US TREAS NTS18.5%US TREAS NTS14.6%US TREAS NTS14.6%US TREAS NTS3.7%US TREAS NTS3.7%CASHUSD
US TREAS NTS 4Us Treas Nts 4.125% 06/30/3144.1%US TREAS NTS18.5%US TREAS NTS14.6%US TREAS NTS14.6%US TREAS NTS3.7%US TREAS NTS3.7%CASHU
FPA FPAS · 7 holdings · tile size = share of the fund · as of Nov 9, 2026
All 121 Treasuries ETFs
1W| # | Trend | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 | TLT | 20+ Year Treasury BondReadDesk | 0.15% | 4.8% | −2.3% | +0.3% | $48.7B | |
| 2 | IEF | 7-10 Year Treasury BondReadDesk | 0.15% | 4.1% | −1.3% | +0.3% | $44.6B | |
| 3 | GOVT | U.S. Treasury BondReadDesk | 0.05% | 3.8% | −0.1% | +0.2% | $43.2B | |
| 4 | VGIT | Intermediate-Term TreasuryReadDesk | 0.03% | 4.0% | −0.5% | +0.2% | $39.7B | |
| 5 | VGSH | Short-Term TreasuryReadDesk | 0.03% | 3.8% | +1.6% | +0.2% | $35.1B | |
| 6 | SHY | 1-3 Year Treasury BondReadDesk | 0.15% | 3.6% | +1.5% | +0.2% | $27.7B | |
| 7 | VTIP | Short-Term Inflation-Protected SecuritiesReadDesk | 0.03% | 4.8% | +0.4% | −0.3% | $20.9B | |
| 8 | SCHP | US TIPSReadDesk | 0.03% | 4.9% | +0.1% | −0.3% | $17.6B | |
| 9 | IEI | 3-7 Year Treasury BondReadDesk | 0.15% | 3.8% | −0.3% | new | $17.0B | |
| 10 | STIP | 0-5 Year TIPS BondReadDesk | 0.03% | 4.6% | +1.8% | −0.3% | $16.8B | |
| 11 | SCHO | Short-Term U.S. TreasuryReadDesk | 0.03% | 3.8% | +1.5% | +0.2% | $15.2B | |
| 12 | TIP | TIPS BondReadDesk | 0.18% | 4.3% | −0.1% | −0.3% | $14.5B | |
| 13 | SCHR | Intermediate-Term U.S. TreasuryReadDesk | 0.03% | 4.0% | −0.5% | +0.3% | $13.8B | |
| 14 | TLH | 10-20 Year Treasury BondReadDesk | 0.15% | 4.6% | −1.8% | +0.3% | $12.3B | |
| 15 | SPTI | State Street SPDR Portfolio Intermediate Term TreasuryReadDesk | 0.03% | 4.0% | −0.5% | +0.3% | $12.2B | |
| 16 | SPTL | State Street SPDR Portfolio Long Term TreasuryReadDesk | 0.03% | 4.4% | −2.0% | +0.3% | $11.7B |
1–16 of 121Page 1 of 8
Treasuries · current AUM · as of Nov 10, 2026
FPAS Payouts by Year
3YLatest payout, Oct 2026
$0.09
a share · every month
4.6% yield
4.6% yield
3 years added up
$2.19 a share
$2.19 a share
FPA FPAS · per-share distributions by ex-date · 2024–2026
FPAS’s Peers
YTD| # | Trend | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | TLT | iShares 20+ Year Treasury Bond ETFReadVersus | 0.15% | 4.8% | 0.0% | −2.3% | −4.4% | $48.7B | |
| 2 | IEF | iShares 7-10 Year Treasury Bond ETFReadVersus | 0.15% | 4.1% | −0.1% | −1.3% | −1.2% | $44.6B | |
| 3 | GOVT | iShares U.S. Treasury Bond ETFReadVersus | 0.05% | 3.8% | 0.0% | −0.1% | 0.0% | $43.2B | |
| 4 | VGIT | Vanguard Intermediate-Term Treasury ETFReadVersus | 0.03% | 4.0% | −0.1% | −0.5% | −0.1% | $39.7B | |
| 5 | VGSH | Vanguard Short-Term Treasury ETFReadVersus | 0.03% | 3.8% | −0.1% | +1.6% | +2.2% | $35.1B | |
| 6 | FPAS | FPA Short Duration Government ETFThis fund | 8.90% | 4.6% | +0.2% | −0.6% | +0.1% | $16.4M |
#63 of 103 this year · #120 cheapest of 121 · sorted by assetsOpen the Bonds & Cash table →
FPAS and its peer group · total return · as of Nov 10, 2026
Cards for This View
FPAS’s Top 10 Holdings
Today100.2%of FPAS sits in these 7
1US TREUs Treas Nts 4.125% 06/30/3144.12%
2US TREUs Treas Nts 4.125% 05/31/3118.48%
3US TREUs Treas Nts 5% 09/30/3114.64%
4US TREUs Treas Nts 4.375% 07/31/3114.64%
5US TREUs Treas Nts 4.375% 08/31/313.68%
6US TREUs Treas Nts 4.75% 10/31/313.66%
7CASHUSCashusd0.99%
FPA FPAS · weight in the fund · as of Nov 9, 2026
FPAS’s Holdings
TodayUS TREAS NTS 4Us Treas Nts 4.125% 06/30/3144.1%US TREAS NTS18.5%US TREAS NTS14.6%US TREAS NTS14.6%US TREAS NTS3.7%US TREAS NTS3.7%CASHUSD
US TREAS NTS 4Us Treas Nts 4.125% 06/30/3144.1%US TREAS NTS18.5%US TREAS NTS14.6%US TREAS NTS14.6%US TREAS NTS3.7%US TREAS NTS3.7%CASHU
FPA FPAS · 7 holdings · tile size = share of the fund · as of Nov 9, 2026
FPAS vs Peer Average
YTDFPASAvsBPeer average
1D+0.2%−0.1%
1M+2.2%+2.4%
3M+0.3%+0.1%
YTD−0.6%−0.4%
1Y+0.1%−0.7%
3Y[…]+12.5%
5Y[…]−5.3%
3–2FPAS wins
120 Treasuries peers · each row scaled to its leader