QLTA vs. BND
Compare and contrast key facts about iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Vanguard Total Bond Market ETF (BND).
QLTA and BND 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. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both QLTA and BND 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 BND.
Correlation
The correlation between QLTA and BND is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QLTA vs. BND - Performance Comparison
Key characteristics
QLTA:
0.80
BND:
0.85
QLTA:
1.17
BND:
1.24
QLTA:
1.14
BND:
1.15
QLTA:
0.31
BND:
0.32
QLTA:
2.11
BND:
2.11
QLTA:
2.14%
BND:
2.08%
QLTA:
5.65%
BND:
5.17%
QLTA:
-22.27%
BND:
-18.84%
QLTA:
-9.30%
BND:
-8.37%
Returns By Period
The year-to-date returns for both stocks are quite close, with QLTA having a 1.12% return and BND slightly lower at 1.08%. Over the past 10 years, QLTA has outperformed BND with an annualized return of 1.88%, while BND has yielded a comparatively lower 1.34% annualized return.
QLTA
1.12%
0.74%
-0.84%
4.43%
-0.53%
1.88%
BND
1.08%
0.73%
-0.82%
4.54%
-0.67%
1.34%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QLTA vs. BND - Expense Ratio Comparison
QLTA has a 0.15% expense ratio, which is higher than BND's 0.03% 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. BND — Risk-Adjusted Performance Rank
QLTA
BND
QLTA vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Vanguard Total Bond Market ETF (BND). 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. BND - Dividend Comparison
QLTA's dividend yield for the trailing twelve months is around 4.10%, more than BND's 3.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLTA iShares Aaa - A Rated Corporate Bond ETF | 4.10% | 4.11% | 3.39% | 2.79% | 1.96% | 2.31% | 2.99% | 3.09% | 2.67% | 2.59% | 2.99% | 2.32% |
BND Vanguard Total Bond Market ETF | 3.67% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
QLTA vs. BND - Drawdown Comparison
The maximum QLTA drawdown since its inception was -22.27%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for QLTA and BND. For additional features, visit the drawdowns tool.
Volatility
QLTA vs. BND - Volatility Comparison
iShares Aaa - A Rated Corporate Bond ETF (QLTA) has a higher volatility of 1.45% compared to Vanguard Total Bond Market ETF (BND) at 1.34%. This indicates that QLTA's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.