|Day Lo||-||Day Hi||-|
This ETF is the first product of its kind in the Corporate Bonds ETFdb Category to focus exclusively on debt securities with a specific credit rating. The underlying portfolio is well-balanced; less than a quarter of total assets are allocated to the top ten holdings alone. QLTA's holdings consist of the highest rated investment grade bonds; all of underlying debt securities are rated Aaa-A based on the median rating assigned by the three primary rating agencies, including Moody's, Fitch, and Standard & Poor's. LQD is by far the biggest and most popular ETF in the corporate bonds space, however, this product is less-than-ideal for investors looking to focus on the high-quality segment of the corporate debt market. From a credit rating perspective, roughly more than half of LQD's holdings would not meet the standards for inclusion in QLTA. As such, QLTA is a viable instrument with a fairly cheap expense ratio that can help investors round out their fixed income component by adding a tilt towards higher-quality debt.
The adjacent table gives investors an individual Realtime Rating for QLTA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Corporate Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||0.4%|
|Agency Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||2.71%|
|1% to 2%||14.02%|
|2% to 3%||26.55%|
|3% to 4%||19.27%|
|4% to 5%||16.2%|
|5% to 6%||11.7%|
|6% to 7%||5.55%|
|7% to 8%||1.48%|
|8% to 9%||0.55%|
|9% to 10%||0.0%|
|Greater Than 10%||0.11%|
|Less Than 1 Year||0.0%|
This ETF is not currently available for commission free trading on any platforms.
There are 23 other ETFs in the Corporate Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of QLTA relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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