QLTA vs. VCIT
Compare and contrast key facts about iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT).
QLTA and VCIT 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. VCIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5-10 Year Corp Index. It was launched on Nov 19, 2009. Both QLTA and VCIT 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 VCIT.
Correlation
The correlation between QLTA and VCIT is 0.04, 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. VCIT - Performance Comparison
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Key characteristics
QLTA:
0.80
VCIT:
1.25
QLTA:
1.09
VCIT:
1.73
QLTA:
1.13
VCIT:
1.21
QLTA:
0.34
VCIT:
0.69
QLTA:
2.03
VCIT:
3.92
QLTA:
2.27%
VCIT:
1.69%
QLTA:
6.12%
VCIT:
5.52%
QLTA:
-22.32%
VCIT:
-20.56%
QLTA:
-8.97%
VCIT:
-3.00%
Returns By Period
In the year-to-date period, QLTA achieves a 1.56% return, which is significantly lower than VCIT's 2.30% return. Over the past 10 years, QLTA has underperformed VCIT with an annualized return of 1.99%, while VCIT has yielded a comparatively higher 2.76% annualized return.
QLTA
1.56%
1.26%
0.85%
4.87%
-0.59%
1.99%
VCIT
2.30%
2.05%
2.13%
6.85%
1.11%
2.76%
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QLTA vs. VCIT - Expense Ratio Comparison
QLTA has a 0.15% expense ratio, which is higher than VCIT's 0.04% 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. VCIT — Risk-Adjusted Performance Rank
QLTA
VCIT
QLTA vs. VCIT - 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 Intermediate-Term Corporate Bond ETF (VCIT). 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.
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Dividends
QLTA vs. VCIT - Dividend Comparison
QLTA's dividend yield for the trailing twelve months is around 4.25%, less than VCIT's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QLTA iShares Aaa - A Rated Corporate Bond ETF | 4.25% | 4.11% | 3.39% | 2.79% | 1.96% | 2.25% | 2.99% | 3.09% | 2.67% | 2.59% | 2.99% | 2.32% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.51% | 4.43% | 3.72% | 3.04% | 2.88% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% | 3.34% |
Drawdowns
QLTA vs. VCIT - Drawdown Comparison
The maximum QLTA drawdown since its inception was -22.32%, which is greater than VCIT's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for QLTA and VCIT. For additional features, visit the drawdowns tool.
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Volatility
QLTA vs. VCIT - Volatility Comparison
iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) have volatilities of 1.65% and 1.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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