QLTA iShares Aaa - A Rated Corporate Bond ETF

  • ETF
  • QLTA
  • Category
  • Corporate Bonds
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QLTA - Profile

Vitals

Investment Themes

Alternative ETFs in the Corporate Bonds Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Description

The index is a subset of the 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. The index is market-capitalization weighted with a 3% cap on any one issuer and a pro rata distribution of any excess weight across the remaining issuers in the Underlying Index.

Realtime Rating

QLTA - Realtime Rating

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Realtime Rating Summary

QLTA is a passive ETF that seeks to replicate Barclays Capital U.S. Corporate Aaa - A Capped Index. The index is a subset of the 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. The index is market-capitalization weighted with a 3% cap on any one issuer and a pro rata distribution of any excess weight across the remaining issuers in the Underlying Index.

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.

QLTA Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B n/a
Expenses B+ n/a
Performance
Volatility
Dividend
Concentration

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QLTA In-Depth Analysis

The following tables and charts contain in-depth metrics for QLTA and compare it to similar peer ETFs within its ETFdb Category.

Holdings

QLTA - Holdings

Filings Data as of: Apr 05, 2015
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Top Ten Holdings

  1. General Elec Cap Corp Mtn Be 5.875%
    0.68%
  2. Medtronic 144A 3.5%
    0.63%
  3. Wells Fargo Co Mtn Be 2.15%
    0.61%
  4. Bk Amer Fdg 7.625%
    0.60%
  5. Bp Cap Mkts 1.846%
    0.57%
  6. Wal-Mart Stores 6.5%
    0.52%
  7. Goldman Sachs Grp 5.75%
    0.50%
  8. Merrill Lynch Co Inc Mtn Be 6.4%
    0.48%
  9. Microsoft 3.5%
    0.48%
  10. Wal-Mart Stores 5.625%
    0.45%

Concentration Analysis

This section compares how balanced and deep QLTA is relative to the peer group ETFdb Category.

Number of Holdings
QLTA Rank:
QLTA 806
Category Low
Category High
% Assets in Top 10
QLTA Rank:
QLTA 5.55%
Category Low
Category High

QLTA Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 76.97%
International Bonds 20.82%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 2.21%
Other 0.0%

QLTA Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

QLTA Bond Detailed Sector Breakdown

Bond Sector Percentage
Corporate Bond 95.55%
Cash And Equivalents 2.21%
Government 1.83%
Asset Backed 0.28%
Convertible 0.12%
Agency Mortgage Backed 0.0%
Commercial Mortgage Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Covered Bond 0.0%
Preferred 0.0%
Sector Swap 0.0%
Future Forward 0.0%
Bank Loan 0.0%
US Municipal Tax Advantaged 0.0%
Municipal Taxable 0.0%
Government Related 0.0%
Option Warrant 0.0%

QLTA Coupon Breakdown

Coupon Range Percentage
0% to 1% 4.65%
1% to 2% 14.89%
2% to 3% 21.77%
3% to 4% 16.29%
4% to 5% 13.95%
5% to 6% 13.61%
6% to 7% 9.49%
7% to 8% 2.3%
8% to 9% 0.75%
9% to 10% 0.0%
Greater Than 10% 0.09%

QLTA Credit Quality

Credit Percentage
AAA 1.7%
AA 20.43%
A 62.19%
BBB 13.4%
BB 0.0%
B 0.0%
Below B 0.0%
Not Rated 2.28%

QLTA Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 24.74%
3-5 Years 20.47%
5-7 Years 10.12%
7-10 Years 16.97%
10-15 Years 0.77%
15-20 Years 2.79%
20-30 Years 21.42%
30+ Years 0.51%
Expense

QLTA - Expenses & Fees

This section compares the cost efficiency of QLTA to peers in the same ETFdb Category.

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Expenses Ratio Analysis

Expense Ratio
QLTA Rank:
QLTA 0.15%
Category Low
Category High

Commission Free Trading in QLTA

QLTA is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 25 other ETFs in the Corporate Bonds ETFdb Category that are also eligible for commission free trading:

Performance

QLTA - Performance

This section shows how QLTA has performed relative to its peer group ETFdb Category.

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1 Week Return
QLTA Rank:
QLTA 0.44%
Category Low
Category High
4 Week Return
QLTA Rank:
QLTA 0.84%
Category Low
Category High
13 Week Return
QLTA Rank:
QLTA 1.11%
Category Low
Category High
26 Week Return
QLTA Rank:
QLTA 2.35%
Category Low
Category High
Year to Date Return
QLTA Rank:
QLTA 2.57%
Category Low
Category High
1 Year Return
QLTA Rank:
QLTA 5.96%
Category Low
Category High
3 Year Return
QLTA Rank:
QLTA 12.68%
Category Low
Category High
5 Year Return
QLTA Rank:
No Ranking Available
Category Low
Category High
Charts

QLTA - Charts

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.

Valuation

QLTA - Valuation

This section shows how the P/E multiple of QLTA compares to the peer group ETFdb Category.

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P/E Ratio
QLTA Rank:
No Ranking Available
Category Low
Category High

As of Apr 17, 2015

Dividend

QLTA - Dividend

This section shows how the dividend yield of QLTA compares to the peer group ETFdb Category.

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Annual Dividend Yield
QLTA Rank:
QLTA 2.34%
Category Low
Category High

As of Apr 17, 2015

Technicals

QLTA - Technicals

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QLTA Volatility Analysis

This section shows how the volatility of QLTA compares to the peer group ETFdb Category.

5 Day Volatility
QLTA Rank:
QLTA 18.19%
Category Low
Category High
20 Day Volatility
QLTA Rank:
QLTA 4.07%
Category Low
Category High
50 Day Volatility
QLTA Rank:
QLTA 5.16%
Category Low
Category High
200 Day Volatility
QLTA Rank:
QLTA 5.07%
Category Low
Category High
Beta
QLTA Rank:
QLTA -0.42
Category Low
Category High
Standard Deviation
QLTA Rank:
QLTA 0.84%
Category Low
Category High

QLTA Technicals

  • 20 Day MA: $52.55
  • 60 Day MA: $52.29
  • MACD 15 Period: 0.20
  • MACD 100 Period: 0.82
  • Williams % Range 10 Day: 22.03
  • Williams % Range 20 Day: 16.27
  • RSI 10 Day: 62
  • RSI 20 Day: 59
  • RSI 30 Day: 57
  • Ultimate Oscillator: 44

QLTA Bollinger Bands

  • Lower Bollinger (10 Day): $52.48
  • Upper Bollinger (10 Day): $52.82
  • Lower Bollinger (20 Day): $52.26
  • Upper Bollinger (20 Day): $52.84
  • Lower Bollinger (30 Day): $51.67
  • Upper Bollinger (30 Day): $53.03

QLTA Support & Resistance

  • Support Level 1: $52.63
  • Support Level 2: $52.47
  • Resistance Level 1: $52.91
  • Resistance Level 2: $53.03

QLTA Stochastic

  • Stochastic Oscillator %D (1 Day): 45.63
  • Stochastic Oscillator %D (5 Day): 63.21
  • Stochastic Oscillator %K (1 Day): 42.11
  • Stochastic Oscillator %K (5 Day): 57.96
Fact Sheet

QLTA - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.