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QLTA vs FAAA

iShares Aaa - A Rated Corporate Bond ETF vs Fidelity AAA CLO ETF

QLTA

iShares Aaa - A Rated Corporate Bond ETF

Annual cost

0.15%

Fund size

$1.5B

FAAA

Fidelity AAA CLO ETF

Annual cost

0.00%

Fund size

$29M

Key differences

  • FAAA costs 0.15% less per year.
  • QLTA is significantly larger than FAAA — larger funds tend to be more liquid and less likely to close.
  • QLTA covers global markets; FAAA covers north america.
  • QLTA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QLTAFAAA
Annual cost (TER)0.15%0.00%
Fund size (AUM)$1.5B$29M
Since20122026
Dividend yield4.42%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.2%N/A
CAGR 3Y+4.7%N/A
CAGR 5Y+0.4%N/A
Sharpe 3Y0.21N/A
Volatility 1Y4.44%
Max drawdown-22.27%-0.56%

Similar to QLTA and FAAA