iShares Aaa - A Rated Corporate Bond ETF
$45.66−0.06 (−0.14%)
- 0.15%
- $1.19B
- −0.9%
- 4.68%
- 271K sh
- low $44.43high $48.75
The ETF.net QLTA Grade
A
Score 80 out of 100
- 4 of 49
Score 80 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A78 out of 100Rank 10 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 34 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 6 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A89 out of 100Rank 5 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A83 out of 100Rank 5 of 49
Our read on QLTA
In short
A"Investment grade" spans a lot of ground, and its bottom rung sits one downgrade from junk. QLTA cuts that rung out and holds only Aaa through A corporate bonds: the credit-quality purist of the corporate bond aisle, running since 2012.
Stated mandate
The fund seeks to track an index of U.S.-dollar investment-grade corporate bonds rated Aaa through A.
Why people hold it
Worth knowing
QLTA Holdings
- Bonds
- 3,539
- 2%
- USD Cash
Sectors
- Banking37.8%
- Health Care12.1%
- Electric8.2%
- Consumer Discretionary7.8%
- Consumer Non-Cyclical5.6%
- Capital Goods5.5%
- Communications5.0%
- Insurance4.6%
- Energy4.6%
- Transportation2.5%
- Brokerage/Asset Managers/Exchanges2.2%
- Reits1.9%
- Basic Industry1.6%
- Natural Gas0.5%
Geography
- United States85.56%
- United Kingdom3.72%
- Canada3.16%
- Japan3.11%
- Australia1.00%
- Spain0.79%
- Singapore0.72%
- Netherlands0.49%
- 1.45%
QLTA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
QLTA$9,909
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QLTA |
|---|---|
| Year to date | −1.2% |
| 1 month | +2.4% |
| 3 months | −0.2% |
| 1 year | −0.9% |
| 3 years | +5.7% |
| 5 years | −0.4% |
| 10 years | +1.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QLTA |
|---|---|---|
| 2026 YTD | −1.2% | |
| 2025 | +7.4% | |
| 2024 | +1.2% | |
| 2023 | +7.6% | |
| 2022 | −15.1% | |
| 2021 | −2.3% | |
| 2020 | +9.6% |
QLTA in the news
QLTA Dividends
- 4.68%
- $2.15
- $0.18 per share
- Monthly
QLTA Risk
- 6.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.21
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −21.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
QLTA Cost
Overpaying vs SPBO, tied cheapest in Investment Grade Corporate
$2,499
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
QLTA 0.15%
$3,137
SPBO 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | QLTA | SPBO | Overpaying |
|---|---|---|---|
| 10 | $274 | $55 | $219 |
| 20 | $1,071 | $216 | $855 |
| 30 | $3,137 | $638 | $2,499 |
Other funds in Investment Grade Corporate
- AVTCVanguard Total Corporate Bond ETFExpense ratio 0.03%1 year return −0.6%
- AGIGBGoldman Sachs Access Investment Grade Corporate Bond ETFExpense ratio 0.08%1 year return −0.5%
- AIGEBiShares Investment Grade Systematic Bond ETFExpense ratio 0.18%1 year return −0.4%
- ALQDiShares iBoxx $ Investment Grade Corporate Bond ETFExpense ratio 0.14%1 year return −1.8%
- ASKORNorthern Trust Credit-Scored US Corporate Bond ETFExpense ratio 0.15%1 year return +0.7%
