QLTA vs. VTC
Compare and contrast key facts about iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Vanguard Total Corporate Bond ETF (VTC).
QLTA and VTC 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. VTC is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays U.S. Corporate Bond Index. It was launched on Nov 7, 2017. Both QLTA and VTC 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 VTC.
Correlation
The correlation between QLTA and VTC is 0.95, 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. VTC - Performance Comparison
Key characteristics
QLTA:
0.88
VTC:
1.03
QLTA:
1.30
VTC:
1.51
QLTA:
1.15
VTC:
1.18
QLTA:
0.34
VTC:
0.45
QLTA:
2.37
VTC:
3.03
QLTA:
2.11%
VTC:
1.91%
QLTA:
5.66%
VTC:
5.60%
QLTA:
-22.27%
VTC:
-22.05%
QLTA:
-9.20%
VTC:
-6.91%
Returns By Period
In the year-to-date period, QLTA achieves a 1.23% return, which is significantly lower than VTC's 1.30% return.
QLTA
1.23%
1.51%
-0.45%
4.30%
-0.40%
1.97%
VTC
1.30%
1.60%
0.09%
5.08%
-0.07%
N/A
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QLTA vs. VTC - Expense Ratio Comparison
QLTA has a 0.15% expense ratio, which is higher than VTC'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. VTC — Risk-Adjusted Performance Rank
QLTA
VTC
QLTA vs. VTC - 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 Corporate Bond ETF (VTC). 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. VTC - Dividend Comparison
QLTA's dividend yield for the trailing twelve months is around 4.10%, less than VTC's 4.50% 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% |
VTC Vanguard Total Corporate Bond ETF | 4.50% | 4.50% | 3.81% | 3.13% | 2.36% | 2.69% | 3.34% | 3.54% | 0.55% | 0.00% | 0.00% | 0.00% |
Drawdowns
QLTA vs. VTC - Drawdown Comparison
The maximum QLTA drawdown since its inception was -22.27%, roughly equal to the maximum VTC drawdown of -22.05%. Use the drawdown chart below to compare losses from any high point for QLTA and VTC. For additional features, visit the drawdowns tool.
Volatility
QLTA vs. VTC - Volatility Comparison
iShares Aaa - A Rated Corporate Bond ETF (QLTA) and Vanguard Total Corporate Bond ETF (VTC) have volatilities of 1.44% and 1.50%, 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.