QLTC B-Ca Rated Corporate Bond Fund

  • ETF
  • QLTC
  • Category
  • High Yield Bonds
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Investment Themes

Alternative ETFs in the High Yield 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 measures the performance of the taxable B1 – Ca rated range of the 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

Realtime Rating

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Realtime Rating Summary

QLTC is a passive ETF that seeks to replicate Barclays U.S. Corporate B – Ca Capped Index. The index measures the performance of the taxable B1 – Ca rated range of the 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 QLTC 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.

QLTC Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C JNK
Expenses A CJNK
Performance
Volatility
Dividend
Concentration

Knowledge Center

QLTC In-Depth Analysis

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

Holdings

QLTC Holdings

Filings Data as of: Feb 02, 2016
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Top Ten Holdings

  1. Neptune Finco 144A 10.875%
    2.09%
  2. Endo Ltd / Endo Fin 144A 6%
    1.95%
  3. Numericable Grp Sa 144A 6%
    1.95%
  4. Wind Acquisition Fin Sa 144A 7.375%
    1.88%
  5. Convatec Fin Intl Sa 144A 8.25%
    1.76%
  6. Reynolds Grp Issuer 8.25%
    1.38%
  7. RLSPY 1.02%
    Royal Bank of Scotland Group (The) PLC
  8. First Data 144A 7%
    1.00%
  9. Ngpl Pipeco 144A 7.119%
    0.93%
  10. Family Tree Escrow 144A 5.75%
    0.78%

Concentration Analysis

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

Number of Holdings
Rank:
417
Category Low
Category High
% Assets in Top 10
Rank:
14.74%
Category Low
Category High

Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 1.02%
U.S. Bonds 77.27%
International Bonds 20.12%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 1.6%
Other 0.0%

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%

Bond Detailed Sector Breakdown

Bond Sector Percentage
Corporate Bond 94.5%
Convertible 2.09%
Cash And Equivalents 1.6%
Government 0.42%
Commercial Mortgage Backed 0.38%
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%

Coupon Breakdown

Coupon Range Percentage
0% to 1% 0.7%
1% to 2% 0.0%
2% to 3% 0.0%
3% to 4% 0.17%
4% to 5% 3.6%
5% to 6% 30.12%
6% to 7% 22.89%
7% to 8% 18.81%
8% to 9% 13.28%
9% to 10% 3.01%
Greater Than 10% 4.8%

Credit Quality

Credit Percentage
AAA 4.7%
AA 0.0%
A 0.0%
BBB 0.5%
BB 0.48%
B 69.01%
Below B 25.32%
Not Rated 0.0%

Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 9.2%
3-5 Years 20.75%
5-7 Years 40.85%
7-10 Years 25.01%
10-15 Years 1.1%
15-20 Years 0.33%
20-30 Years 0.08%
30+ Years 0.06%
Expense

QLTC Expenses & Fees

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

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Expenses Ratio Analysis

Expense Ratio
Rank:
0.35%
Category Low
Category High

Commission Free Trading

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

Category Commission Free Trading

There are 19 other ETFs in the High Yield Bonds ETFdb Category that are also eligible for commission free trading:

Performance

QLTC Performance

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

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1 Week Return
Rank:
-2.22%
Category Low
Category High
4 Week Return
Rank:
-3.13%
Category Low
Category High
13 Week Return
Rank:
-10.15%
Category Low
Category High
26 Week Return
Rank:
-13.57%
Category Low
Category High
Year to Date Return
Rank:
-4.72%
Category Low
Category High
1 Year Return
Rank:
-14.28%
Category Low
Category High
3 Year Return
Rank:
-7.67%
Category Low
Category High
5 Year Return
Rank:
No Ranking Available
Category Low
Category High
Charts

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

Valuation

QLTC Valuation

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

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

As of Feb 12, 2016

Dividend

QLTC Dividend

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

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Annual Dividend Yield
Rank:
9.39%
Category Low
Category High

As of Feb 12, 2016

Technicals

QLTC Technicals

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Volatility Analysis

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

5 Day Volatility
Rank:
16.69%
Category Low
Category High
20 Day Volatility
Rank:
16.05%
Category Low
Category High
50 Day Volatility
Rank:
13.60%
Category Low
Category High
200 Day Volatility
Rank:
11.59%
Category Low
Category High
Beta
Rank:
0.69
Category Low
Category High
Standard Deviation
Rank:
2.17%
Category Low
Category High

Technicals

  • 20 Day MA: $40.02
  • 60 Day MA: $41.62
  • MACD 15 Period: -0.73
  • MACD 100 Period: -3.60
  • Williams % Range 10 Day: 62.30
  • Williams % Range 20 Day: 79.55
  • RSI 10 Day: 37
  • RSI 20 Day: 36
  • RSI 30 Day: 36
  • Ultimate Oscillator: 38

Bollinger Bands

  • Lower Bollinger (10 Day): $38.34
  • Upper Bollinger (10 Day): $40.87
  • Lower Bollinger (20 Day): $38.61
  • Upper Bollinger (20 Day): $41.45
  • Lower Bollinger (30 Day): $38.68
  • Upper Bollinger (30 Day): $42.36

Support & Resistance

  • Support Level 1: $39.14
  • Support Level 2: $39.14
  • Resistance Level 1: $39.14
  • Resistance Level 2: $39.14

Stochastic

  • Stochastic Oscillator %D (1 Day): 38.92
  • Stochastic Oscillator %D (5 Day): 24.04
  • Stochastic Oscillator %K (1 Day): 39.09
  • Stochastic Oscillator %K (5 Day): 16.12
Fact Sheet

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.