QLTA vs. FBND
Compare and contrast key facts about iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Fidelity Total Bond ETF (FBND).
QLTA and FBND 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. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QLTA or FBND.
Correlation
The correlation between QLTA and FBND is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
QLTA vs. FBND - Performance Comparison
Key characteristics
QLTA:
0.79
FBND:
1.08
QLTA:
1.11
FBND:
1.55
QLTA:
1.14
FBND:
1.18
QLTA:
0.34
FBND:
0.62
QLTA:
2.08
FBND:
3.05
QLTA:
2.25%
FBND:
1.89%
QLTA:
6.13%
FBND:
5.41%
QLTA:
-22.32%
FBND:
-17.25%
QLTA:
-8.89%
FBND:
-3.57%
Returns By Period
In the year-to-date period, QLTA achieves a 1.64% return, which is significantly lower than FBND's 2.08% return. Over the past 10 years, QLTA has underperformed FBND with an annualized return of 2.06%, while FBND has yielded a comparatively higher 2.23% annualized return.
QLTA
1.64%
1.41%
0.30%
4.80%
-0.40%
2.06%
FBND
2.08%
0.66%
1.30%
5.82%
0.60%
2.23%
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QLTA vs. FBND - Expense Ratio Comparison
QLTA has a 0.15% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
QLTA vs. FBND — Risk-Adjusted Performance Rank
QLTA
FBND
QLTA vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Fidelity Total Bond ETF (FBND). 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. FBND - Dividend Comparison
QLTA's dividend yield for the trailing twelve months is around 4.24%, less than FBND's 4.67% 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% |
FBND Fidelity Total Bond ETF | 4.67% | 4.73% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
QLTA vs. FBND - Drawdown Comparison
The maximum QLTA drawdown since its inception was -22.32%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for QLTA and FBND. For additional features, visit the drawdowns tool.
Volatility
QLTA vs. FBND - Volatility Comparison
iShares Aaa - A Rated Corporate Bond ETF (QLTA) has a higher volatility of 2.54% compared to Fidelity Total Bond ETF (FBND) at 1.85%. This indicates that QLTA's price experiences larger fluctuations and is considered to be riskier than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.