QLTC offers exposure to the "junk" bond space by investing in an index which holds B-Ca rated fixed-rate U.S. dollar-denominated corporate bonds. The high yield bond space has been cracked wide open by ETFs, as these products have offered numerous ways for investors to take advantage of this space. High yields can be a great addition to a yield-starved portfolio, as they can offer yields into the double digits for those willing to take on the risks that come along with it. The high returns come from riskier bond choices who have to pay out higher ratios to compensate investors for high risks. This means that the holdings of these ETFs will have higher chances of defaults, and could potentially leave investors out to dry. But for those who have done their homework on the holdings of a particular "junk" bond fund have the ability to generate strong returns from these powerful products. This ETF in particular is comprised of bonds that bear substantial credit risk; investors looking to tap into safer high-yield bonds should consider QLTA and QLTB instead.
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.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.
|Commercial Mortgage Backed||0.2%|
|Cash And Equivalents||0.07%|
|Agency Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||1.05%|
|1% to 2%||0.0%|
|2% to 3%||0.36%|
|3% to 4%||0.18%|
|4% to 5%||5.54%|
|5% to 6%||27.56%|
|6% to 7%||22.66%|
|7% to 8%||18.47%|
|8% to 9%||12.58%|
|9% to 10%||4.11%|
|Greater Than 10%||5.03%|
|Less Than 1 Year||0.0%|
This ETF is not currently available for commission free trading on any platforms.
There are 18 other ETFs in the High Yield 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 QLTC 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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