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iShares Aaa - A Rated Corporate Bond ETF

QLTA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 14 2012
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$4,695,923
AUM
$933,164,093
Associated Index
Bloomberg U.S. Corporate Aaa - A Capped Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

BUD/46A
Anheuser-Busch InBev Finance Inc. - 4.90% NT REDEEM 01/02/2046 USD 1000
0.37%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.26%
PFE/53
Pfizer Investment Enterprises Pte. Ltd - 5.30% NT REDEEM 19/05/2053 USD 2000
0.23%
PFE/33
Pfizer Investment Enterprises Pte. Ltd - 4.75% NT REDEEM 19/05/2033 USD 2000
0.18%
MSFT5152920
MICROSOFT CORPORATION
0.16%
n/a
Microsoft 2.4 % Notes 2016-08.08.26 Global
0.15%
n/a
Anheuser Busch 5.55 % Notes 2019-23.01.49 Gtd Global
0.15%
WFC4969936
WELLS FARGO & COMPANY MTN
0.14%
MSFT4996721
MICROSOFT CORPORATION
0.14%
V25
Visa Inc - 3.15% NT REDEEM 14/12/2025 USD 2000
0.14%
Invest with QLTA

What is QLTA?

The iShares Aaa - A Rated Corporate Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Bloomberg U.S. Corporate Aaa - A Capped Index. The index is a subset of the Bloomberg 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.

ETFs related toQLTA

ETFs correlated to QLTA include LQD, VCEB, VTC

QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
USIG
BlackRock Institutional Trust Company N.A. - iShares Broad USD Investment Grade Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
IGLB
BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toQLTA

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with QLTA using Composer

FAQ

QLTA is a US Bonds ETF. The iShares Aaa - A Rated Corporate Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Bloomberg U.S. Corporate Aaa - A Capped Index. The index is a subset of the Bloomberg 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.

QLTA tracks the Bloomberg U.S. Corporate Aaa - A Capped Index.

No, QLTA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, QLTA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on QLTA is -0.0138%. This is the percent change in the value of QLTA over the most recent 1-month period. The 3-month return on QLTA is -0.0294%. This is the percent change in the value of QLTA over the most recent 3-month period.

The standard deviation of QLTA for the past year is 0.0892%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to QLTA include IGSB, SPIB, and VCLT.

ETFs correlated to QLTA include LQD, VCEB, and VTC.

ETFs that are inversely correlated to QLTA include TBX, PST, and TTT.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.