QLTA vs. AGG
Compare and contrast key facts about iShares Aaa - A Rated Corporate Bond ETF (QLTA) and iShares Core U.S. Aggregate Bond ETF (AGG).
QLTA and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLTA is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Corporate Aaa - A Capped Index. It was launched on Feb 14, 2012. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003. Both QLTA and AGG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QLTA or AGG.
Correlation
The correlation between QLTA and AGG is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
QLTA vs. AGG - Performance Comparison
Key characteristics
QLTA:
0.79
AGG:
1.01
QLTA:
1.11
AGG:
1.46
QLTA:
1.14
AGG:
1.17
QLTA:
0.34
AGG:
0.44
QLTA:
2.08
AGG:
2.56
QLTA:
2.25%
AGG:
2.10%
QLTA:
6.13%
AGG:
5.37%
QLTA:
-22.32%
AGG:
-18.43%
QLTA:
-8.89%
AGG:
-7.03%
Returns By Period
In the year-to-date period, QLTA achieves a 1.64% return, which is significantly lower than AGG's 2.10% return. Over the past 10 years, QLTA has outperformed AGG with an annualized return of 2.06%, while AGG has yielded a comparatively lower 1.51% annualized return.
QLTA
1.64%
1.41%
0.30%
4.80%
-0.40%
2.06%
AGG
2.10%
0.29%
1.25%
5.38%
-0.81%
1.51%
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QLTA vs. AGG - Expense Ratio Comparison
QLTA has a 0.15% expense ratio, which is higher than AGG's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
QLTA vs. AGG — Risk-Adjusted Performance Rank
QLTA
AGG
QLTA vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Aaa - A Rated Corporate Bond ETF (QLTA) and iShares Core U.S. Aggregate Bond ETF (AGG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
QLTA vs. AGG - Dividend Comparison
QLTA's dividend yield for the trailing twelve months is around 4.24%, more than AGG's 3.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLTA iShares Aaa - A Rated Corporate Bond ETF | 4.24% | 4.11% | 3.39% | 2.79% | 1.96% | 2.25% | 2.99% | 3.09% | 2.67% | 2.59% | 2.99% | 2.32% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.83% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% |
Drawdowns
QLTA vs. AGG - Drawdown Comparison
The maximum QLTA drawdown since its inception was -22.32%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for QLTA and AGG. For additional features, visit the drawdowns tool.
Volatility
QLTA vs. AGG - Volatility Comparison
iShares Aaa - A Rated Corporate Bond ETF (QLTA) has a higher volatility of 2.54% compared to iShares Core U.S. Aggregate Bond ETF (AGG) at 1.77%. This indicates that QLTA's price experiences larger fluctuations and is considered to be riskier than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.