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

ETF | Corporate Bond |

Last Closing

USD 47.71

Change

+0.14 (+0.29)%

Market Cap

USD 1.60B

Volume

0.21M

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)

Compare
Relative Returns (From:    To: 2024-11-05 )

Largest Industry Peers for Corporate Bond

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

+0.06 (+0.18%)

USD 9.43B
CORP PIMCO Investment Grade Corpora..

+0.37 (+0.38%)

USD 1.27B
GIGB Goldman Sachs Access Investmen..

+0.15 (+0.33%)

USD 0.85B
LQDH iShares Interest Rate Hedged C..

+0.25 (+0.27%)

USD 0.43B
KORP American Century Diversified C..

+0.09 (+0.19%)

USD 0.34B
IBD Northern Lights Fund Trust IV ..

+0.09 (+0.38%)

USD 0.33B
IGBH iShares Interest Rate Hedged L..

+0.08 (+0.35%)

USD 0.09B
IG Principal Exchange-Traded Fund..

+0.06 (+0.31%)

USD 0.09B
FCOR Fidelity® Corporate Bond ETF

+0.32 (+0.68%)

N/A
LQD iShares iBoxx $ Investment Gra..

+0.52 (+0.48%)

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 -0.87% 21% F 30% F
Dividend Return -28.55% 40% F 27% F
Total Return -29.43% 21% F 17% F
Trailing 12 Months  
Capital Gain 5.67% 50% F 35% F
Dividend Return -30.11% 30% F 28% F
Total Return -24.44% 29% F 16% F
Trailing 5 Years  
Capital Gain -11.89% 31% F 38% F
Dividend Return -17.76% 30% F 42% F
Total Return -29.66% 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.