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

ETF | Corporate Bond | NYSE Arca

Last Closing

USD 45.93

Change

-0.12 (-0.26)%

Market Cap

USD 0.10B

Volume

0.67M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to track the investment results of the Bloomberg Barclays U.S. Corporate Aaa - A Capped Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index is a subset of the Bloomberg Barclays 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.

Inception Date: 14/02/2012

Primary Benchmark: BBgBarc US Corp Aaa - A Cap TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.15%

Management Expense Ratio: 0.15 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-16 )

Largest Industry Peers for Corporate Bond

Symbol Name Mer Price(Change) Market Cap
LQD iShares iBoxx $ Investment Gra.. 0.15 %

+0.44 (+0.42%)

USD 28.03B
SPIB SPDR Barclays Intermediate Ter.. 0.08 %

+0.06 (+0.19%)

USD 8.25B
CORP PIMCO Investment Grade Corpora.. 0.20 %

+0.26 (+0.28%)

USD 1.10B
GIGB Goldman Sachs Access Investmen.. 0.14 %

+0.18 (+0.41%)

USD 0.73B
FLCO Franklin Liberty Investment Gr.. 0.35 %

+0.10 (+0.50%)

USD 0.35B
LQDH iShares Interest Rate Hedged C.. 0.10 %

+0.08 (+0.09%)

USD 0.32B
IBD Northern Lights Fund Trust IV .. 0.62 %

+0.03 (+0.13%)

USD 0.29B
KORP American Century Diversified C.. 0.45 %

+0.17 (+0.39%)

USD 0.24B
FCOR Fidelity® Corporate Bond ETF 0.42 %

+0.20 (+0.44%)

USD 0.21B
IGBH iShares Interest Rate Hedged L.. 0.20 %

+0.02 (+0.08%)

USD 0.11B

ETFs Containing QLTA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Corporate Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.57% 47% F 28% F
Dividend Return 0.96% 25% F 49% F
Total Return -3.61% 38% F 28% F
Trailing 12 Months  
Capital Gain -3.57% 36% F 33% F
Dividend Return 3.01% 7% C- 45% F
Total Return -0.56% 14% F 30% F
Trailing 5 Years  
Capital Gain -11.25% 44% F 36% F
Dividend Return 10.18% 25% F 40% F
Total Return -1.06% 25% F 29% F
Average Annual (5 Year Horizon)  
Capital Gain -3.32% 40% F 26% F
Dividend Return -1.43% 20% F 21% F
Total Return 1.90% 20% F 45% F
Risk Return Profile  
Volatility (Standard Deviation) 7.80% 67% D+ 85% B
Risk Adjusted Return -18.27% 13% F 17% F
Market Capitalization 0.10B 81% B- 56% F

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.