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

ETF | Corporate Bond |

Last Closing

USD 47.57

Change

+0.28 (+0.59)%

Market Cap

USD 1.60B

Volume

0.31M

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: 2024-11-04 )

Largest Industry Peers for Corporate Bond

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

+0.09 (+0.27%)

USD 9.43B
CORP PIMCO Investment Grade Corpora..

+0.43 (+0.45%)

USD 1.27B
GIGB Goldman Sachs Access Investmen..

+0.26 (+0.57%)

USD 0.85B
LQDH iShares Interest Rate Hedged C..

-0.45 (-0.48%)

USD 0.43B
KORP American Century Diversified C..

+0.28 (+0.60%)

USD 0.34B
IBD Northern Lights Fund Trust IV ..

-0.07 (-0.30%)

USD 0.33B
IGBH iShares Interest Rate Hedged L..

-0.09 (-0.37%)

USD 0.09B
IG Principal Exchange-Traded Fund..

+0.12 (+0.56%)

USD 0.09B
FCOR Fidelity® Corporate Bond ETF

+0.10 (+0.21%)

N/A
LQD iShares iBoxx $ Investment Gra..

+0.80 (+0.74%)

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 -1.16% 31% F 31% F
Dividend Return -28.55% 40% F 25% F
Total Return -29.72% 21% F 17% F
Trailing 12 Months  
Capital Gain 6.02% 50% F 37% F
Dividend Return -30.30% 30% F 25% F
Total Return -24.28% 29% F 16% F
Trailing 5 Years  
Capital Gain -12.65% 31% F 38% F
Dividend Return -17.66% 30% F 40% F
Total Return -30.31% 23% F 25% F
Average Annual (5 Year Horizon)  
Capital Gain -3.98% 30% F 17% F
Dividend Return -1.97% 15% F 15% F
Total Return 2.01% 16% F 47% F
Risk Return Profile  
Volatility (Standard Deviation) 7.31% 70% C- 84% B
Risk Adjusted Return -26.97% 5% F 10% F
Market Capitalization 1.60B 89% A- 64% 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.