QLTB Baa-Ba Rated Corporate Bond Fund

  • ETF
  • QLTB
  • Category
  • High Yield Bonds
Share
Last Updated:

QLTB - Profile

Vitals

Investment Themes

Alternative ETFs in the High Yield Bonds Category

Sign Up for Pro to Unlock Data Sign Up
Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Description

The index measures the performance of the taxable Baa1 – Ba3 rated fixed-rate U.S. dollar-denominated corporate bond market. The index is market capitalization-weighted and caps individual issuers at 3% of the total market value.

Realtime Rating

QLTB - Realtime Rating

Sign Up for Pro to Unlock Data Sign Up

Realtime Rating Summary

QLTB is a passive ETF that seeks to replicate Barclays U.S. Corporate Baa – Ba Capped Index. The index measures the performance of the taxable Baa1 – Ba3 rated fixed-rate U.S. dollar-denominated corporate bond market. The index is market capitalization-weighted and caps individual issuers at 3% of the total market value.

The adjacent table gives investors an individual Realtime Rating for QLTB 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 High Yield 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.

QLTB Overall Realtime Rating:

A+ Overall Rated ETF:

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

Knowledge Center

Sector ETFs

Alternative ETFs

Vanguard Center

Emerging Market ETFs

MLP Center

QLTB In-Depth Analysis

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

Holdings

QLTB - Holdings

Filings Data as of: Apr 05, 2015
Sign Up for Pro to Unlock Data Sign Up

Top Ten Holdings

  1. At&T 5.5%
    0.52%
  2. At&T 6.3%
    0.48%
  3. Verizon Comms 6.55%
    0.46%
  4. At&T 3%
    0.40%
  5. Goldman Sachs Grp 6.75%
    0.39%
  6. At&T 4.3%
    0.38%
  7. Actavis Fdg Scs 4.2%
    0.33%
  8. Intesa Sanpaolo S P A 2.375%
    0.32%
  9. Heinz H J 4.25%
    0.29%
  10. Phillips 66 4.3%
    0.28%

Concentration Analysis

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

Number of Holdings
QLTB Rank:
QLTB 1468
Category Low
Category High
% Assets in Top 10
QLTB Rank:
QLTB 3.84%
Category Low
Category High

QLTB Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 78.11%
International Bonds 17.01%
Preferred Stock 0.1%
Convertibles 0.0%
Cash 4.77%
Other 0.0%

QLTB 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%

QLTB Bond Detailed Sector Breakdown

Bond Sector Percentage
Corporate Bond 90.17%
Cash And Equivalents 4.77%
Government 4.37%
Commercial Mortgage Backed 0.38%
Convertible 0.31%
Agency Mortgage Backed 0.0%
Asset 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%

QLTB Coupon Breakdown

Coupon Range Percentage
0% to 1% 2.7%
1% to 2% 3.23%
2% to 3% 6.77%
3% to 4% 13.86%
4% to 5% 22.3%
5% to 6% 19.2%
6% to 7% 17.15%
7% to 8% 6.21%
8% to 9% 2.91%
9% to 10% 0.68%
Greater Than 10% 0.11%

QLTB Credit Quality

Credit Percentage
AAA 0.0%
AA 0.0%
A 3.25%
BBB 65.68%
BB 25.96%
B 2.06%
Below B 0.0%
Not Rated 3.05%

QLTB Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 12.22%
3-5 Years 15.21%
5-7 Years 17.45%
7-10 Years 23.58%
10-15 Years 1.61%
15-20 Years 5.03%
20-30 Years 17.69%
30+ Years 2.33%
Expense

QLTB - Expenses & Fees

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

Sign Up for Pro to Unlock Data Sign Up

Expenses Ratio Analysis

Expense Ratio
QLTB Rank:
QLTB 0.30%
Category Low
Category High

Commission Free Trading in QLTB

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

Category Commission Free Trading

There are 18 other ETFs in the High Yield Bonds ETFdb Category that are also eligible for commission free trading:

Performance

QLTB - Performance

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

Sign Up for Pro to Unlock Data Sign Up
1 Week Return
QLTB Rank:
QLTB -0.19%
Category Low
Category High
4 Week Return
QLTB Rank:
QLTB -0.51%
Category Low
Category High
13 Week Return
QLTB Rank:
QLTB -0.48%
Category Low
Category High
26 Week Return
QLTB Rank:
QLTB 1.02%
Category Low
Category High
Year to Date Return
QLTB Rank:
QLTB 0.76%
Category Low
Category High
1 Year Return
QLTB Rank:
QLTB 3.42%
Category Low
Category High
3 Year Return
QLTB Rank:
No Ranking Available
Category Low
Category High
5 Year Return
QLTB Rank:
No Ranking Available
Category Low
Category High
Charts

QLTB - 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 QLTB relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

Valuation

QLTB - Valuation

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

Sign Up for Pro to Unlock Data Sign Up
P/E Ratio
QLTB Rank:
No Ranking Available
Category Low
Category High

As of Apr 24, 2015

Dividend

QLTB - Dividend

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

Sign Up for Pro to Unlock Data Sign Up
Annual Dividend Yield
QLTB Rank:
QLTB 1.42%
Category Low
Category High

As of Apr 24, 2015

Technicals

QLTB - Technicals

Sign Up for Pro to Unlock Data Sign Up

QLTB Volatility Analysis

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

5 Day Volatility
QLTB Rank:
QLTB 21.10%
Category Low
Category High
20 Day Volatility
QLTB Rank:
QLTB 6.06%
Category Low
Category High
50 Day Volatility
QLTB Rank:
QLTB 7.42%
Category Low
Category High
200 Day Volatility
QLTB Rank:
QLTB 6.25%
Category Low
Category High
Beta
QLTB Rank:
QLTB -0.65
Category Low
Category High
Standard Deviation
QLTB Rank:
QLTB 0.62%
Category Low
Category High

QLTB Technicals

  • 20 Day MA: $53.52
  • 60 Day MA: $53.32
  • MACD 15 Period: -0.35
  • MACD 100 Period: 0.12
  • Williams % Range 10 Day: 83.48
  • Williams % Range 20 Day: 83.48
  • RSI 10 Day: 41
  • RSI 20 Day: 46
  • RSI 30 Day: 49
  • Ultimate Oscillator: 33

QLTB Bollinger Bands

  • Lower Bollinger (10 Day): $52.82
  • Upper Bollinger (10 Day): $54.00
  • Lower Bollinger (20 Day): $53.03
  • Upper Bollinger (20 Day): $54.02
  • Lower Bollinger (30 Day): $52.96
  • Upper Bollinger (30 Day): $53.98

QLTB Support & Resistance

  • Support Level 1: $53.09
  • Support Level 2: $53.05
  • Resistance Level 1: $53.23
  • Resistance Level 2: $53.33

QLTB Stochastic

  • Stochastic Oscillator %D (1 Day): 21.67
  • Stochastic Oscillator %D (5 Day): 22.92
  • Stochastic Oscillator %K (1 Day): 30.65
  • Stochastic Oscillator %K (5 Day): 25.78
Fact Sheet

QLTB - 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.