QLTA:NYE-iShares Aaa - A Rated Corporate Bond ETF (USD)

ETF | Corporate Bond |

Last Closing

USD 49.23

Change

-0.16 (-0.32)%

Market Cap

USD 1.42B

Volume

0.07M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. The underlying index is a subset of the Bloomberg U.S. Corporate Index, which measures the performance of the Aaa - A rated range of the fixed-rate, U.S. dollar-denominated taxable, corporate bond market.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for Corporate Bond

Symbol Name Price(Change) Market Cap
SPIB SPDR Barclays Intermediate Ter..

-0.06 (-0.18%)

USD 9.23B
CORP PIMCO Investment Grade Corpora..

-0.31 (-0.31%)

USD 1.27B
GIGB Goldman Sachs Access Investmen..

-0.14 (-0.28%)

USD 0.86B
LQDH iShares Interest Rate Hedged C..

+0.13 (+0.14%)

USD 0.39B
IBD Northern Lights Fund Trust IV ..

-0.03 (-0.12%)

USD 0.37B
KORP American Century Diversified C..

-0.11 (-0.23%)

USD 0.31B
IGBH iShares Interest Rate Hedged L..

+0.08 (+0.31%)

USD 0.09B
IG Principal Exchange-Traded Fund..

-0.05 (-0.22%)

USD 0.09B
FCOR Fidelity® Corporate Bond ETF

-0.16 (-0.33%)

N/A
LQD iShares iBoxx $ Investment Gra..

-0.47 (-0.41%)

N/A

ETFs Containing QLTA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Corporate Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.29% 43% F 34% F
Dividend Return 2.60% 21% F 53% F
Total Return 4.88% 29% F 34% F
Trailing 12 Months  
Capital Gain 7.42% 57% F 39% F
Dividend Return 3.36% 8% B- 49% F
Total Return 10.78% 36% F 37% F
Trailing 5 Years  
Capital Gain -9.88% 31% F 33% F
Dividend Return 10.33% 15% F 37% F
Total Return 0.44% 15% F 28% F
Average Annual (5 Year Horizon)  
Capital Gain -4.06% 29% F 20% F
Dividend Return -2.01% 14% F 16% F
Total Return 2.04% 23% F 45% F
Risk Return Profile  
Volatility (Standard Deviation) 7.17% 57% F 85% B
Risk Adjusted Return -28.06% 14% F 11% F
Market Capitalization 1.42B 89% A- 62% D

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.