QLTA vs. FLDR
Compare and contrast key facts about iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Fidelity Low Duration Bond Factor ETF (FLDR).
QLTA and FLDR 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 Bloomberg U.S. Corporate Aaa - A Capped Index. It was launched on Feb 14, 2012. FLDR is a passively managed fund by Fidelity that tracks the performance of the Fidelity Low Duration Investment Grade Factor Index. It was launched on Jun 12, 2018. Both QLTA and FLDR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
QLTA vs. FLDR - Performance Comparison
Loading graphics...
QLTA vs. FLDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
QLTA iShares Aaa - A Rated Corporate Bond ETF | -0.32% | 7.36% | 1.23% | 7.60% | -15.14% | -2.32% | 9.62% | 12.54% | 1.11% |
FLDR Fidelity Low Duration Bond Factor ETF | 0.65% | 5.41% | 5.71% | 6.32% | -0.33% | -0.18% | 2.01% | 4.52% | 0.94% |
Returns By Period
In the year-to-date period, QLTA achieves a -0.32% return, which is significantly lower than FLDR's 0.65% return.
QLTA
- 1D
- 0.51%
- 1M
- -1.78%
- YTD
- -0.32%
- 6M
- 0.33%
- 1Y
- 4.58%
- 3Y*
- 3.95%
- 5Y*
- 0.23%
- 10Y*
- 2.09%
FLDR
- 1D
- 0.12%
- 1M
- -0.15%
- YTD
- 0.65%
- 6M
- 1.86%
- 1Y
- 4.49%
- 3Y*
- 5.52%
- 5Y*
- 3.58%
- 10Y*
- —
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. FLDR - Expense Ratio Comparison
Both QLTA and FLDR have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
QLTA vs. FLDR — Risk / Return Rank
QLTA
FLDR
QLTA vs. FLDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Fidelity Low Duration Bond Factor ETF (FLDR). 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.
| QLTA | FLDR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 4.59 | -3.72 |
Sortino ratioReturn per unit of downside risk | 1.21 | 6.89 | -5.68 |
Omega ratioGain probability vs. loss probability | 1.16 | 2.22 | -1.06 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 5.98 | -4.28 |
Martin ratioReturn relative to average drawdown | 5.04 | 31.24 | -26.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QLTA | FLDR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 4.59 | -3.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 2.98 | -2.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.60 | -0.21 |
Correlation
The correlation between QLTA and FLDR is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
QLTA vs. FLDR - Dividend Comparison
QLTA's dividend yield for the trailing twelve months is around 4.38%, less than FLDR's 4.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLTA iShares Aaa - A Rated Corporate Bond ETF | 4.38% | 4.33% | 4.11% | 3.39% | 2.79% | 1.96% | 2.31% | 2.99% | 3.09% | 2.67% | 2.59% | 2.99% |
FLDR Fidelity Low Duration Bond Factor ETF | 4.54% | 4.66% | 5.50% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% | 0.00% | 0.00% | 0.00% |
Drawdowns
QLTA vs. FLDR - Drawdown Comparison
The maximum QLTA drawdown since its inception was -22.27%, which is greater than FLDR's maximum drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for QLTA and FLDR.
Loading graphics...
Drawdown Indicators
| QLTA | FLDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.27% | -12.23% | -10.04% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -0.76% | -2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -21.36% | -2.33% | -19.03% |
Max Drawdown (10Y)Largest decline over 10 years | -22.27% | — | — |
Current DrawdownCurrent decline from peak | -4.02% | -0.15% | -3.87% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -0.36% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.14% | +0.81% |
Volatility
QLTA vs. FLDR - Volatility Comparison
iShares Aaa - A Rated Corporate Bond ETF (QLTA) has a higher volatility of 2.20% compared to Fidelity Low Duration Bond Factor ETF (FLDR) at 0.42%. This indicates that QLTA's price experiences larger fluctuations and is considered to be riskier than FLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QLTA | FLDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.20% | 0.42% | +1.78% |
Volatility (6M)Calculated over the trailing 6-month period | 3.04% | 0.56% | +2.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.33% | 0.98% | +4.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.22% | 1.21% | +6.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.02% | 5.32% | +1.70% |