Which returned more over the last year, QLTA or SPBO?

In the year to Oct 9, 2026, with distributions reinvested, QLTA returned −2.4% and SPBO −1.8%.

Which is cheaper, QLTA or SPBO?

SPBO is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

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QLTA vs SPBO: Differences, Returns & Fees

QLTA's duration was 6.5 years on Jul 31, 2026 and SPBO's 6.9 on Jun 30, 2026; SPBO charges 0.03% to QLTA's 0.15%. Net assets: $1.2bn on Oct 9, 2026 for iShares Aaa - A Rated Corporate Bond ETF, and $2.1bn on Oct 8, 2026 for State Street SPDR Portfolio Corporate Bond ETF.

SPBO costs 0.12 points a year less; their one-year returns differ by 0.6 points; SPBO is 1.8 times larger.

QLTA vs SPBO: Differences, Returns & Fees
	QLTA	SPBO
Expense ratio	0.15%	0.03%
Net assets, as of Oct 8, 2026	$1.2bn	$2.1bn
Total return, 1 year	−2.4%	−1.8%
What it tracks	Bloomberg U.S. Corporate Aaa - A Capped Index	Bloomberg U.S. Corporate Bond Index ?
Holdings in common	36%
Below its high	6.6%, high on Aug 6, 2020	4.0%, high on Feb 26, 2026

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.

−2.4%

QLTA total return, 1 year

−1.8%

SPBO total return, 1 year

0.15%

QLTA expense ratio

0.03%

SPBO expense ratio

What they hold in common

By the books each fund has filed, QLTA and SPBO hold 36% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

half

36% in common

Positions both hold, largest shared weight first

Holding QLTA SPBO

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.21% 0.20%

Wells Fargo & Co, due Jul 25, 2034 0.13% 0.14%

Bank of America Corp, due Dec 20, 2028 0.13% 0.16%

Amazon.com Inc, due Mar 13, 2036 0.15% 0.12%

Wells Fargo & Co, due Oct 23, 2034 0.11% 0.13%

Meta Platforms Inc, due Nov 15, 2032 0.10% 0.12%

Wells Fargo & Co, due Apr 24, 2034 0.11% 0.10%

Bank of America Corp, due Jan 23, 2035 0.10% 0.10%

Pfizer Investment Enterprises Pte Ltd, due May 19, 2063 0.10% 0.10%

Pfizer Investment Enterprises Pte Ltd, due May 19, 2053 0.15% 0.09%

Goldman Sachs Group Inc/The, due Feb 24, 2033 0.10% 0.09%

Meta Platforms Inc, due Nov 15, 2045 0.11% 0.09%

Only in QLTA

Broadcom Inc, due Nov 15, 2035 0.22%

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2036 0.14%

Broadcom Inc, due Oct 15, 2034 0.11%

Goldman Sachs Group Inc/The, due Jul 21, 2032 0.11%

Goldman Sachs Group Inc/The, due Jul 21, 2037 0.11%

Citigroup Inc, due Mar 31, 2031 0.11%

Meta Platforms Inc, due Aug 15, 2034 0.11%

Wells Fargo & Co, due Apr 23, 2031 0.10%

Only in SPBO

BAT Capital Corp, due Aug 2, 2043 0.18%

CVS Health Corp, due Jun 1, 2044 0.16%

Verizon Communications Inc, due Mar 22, 2028 0.15%

Amgen Inc, due Feb 1, 2039 0.14%

AT&T Inc, due Aug 15, 2056 0.13%

T-Mobile USA Inc, due Apr 15, 2030 0.13%

Barclays PLC, due Jun 27, 2034 0.12%

Intel Corp, due Feb 10, 2028 0.11%

Check overlap with more funds →

On the same fields

QLTA

iShares Aaa - A Rated Corporate Bond ETF

SPBO

State Street SPDR Portfolio Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares State Street

What it is Tracks an index Tracks an index

Total return, 1 year −2.4% −1.8%

Its benchmark over the same days not published −1.9% (VTC)

Gap to its benchmark not available +0.1 pts vs VTC

Expense ratio 0.15% 0.03%

Holdings 3514 4403

Net assets, QLTA as of Oct 9, 2026 and SPBO as of Oct 8, 2026 $1.2bn $2.1bn

QLTA and SPBO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About QLTA

QLTA tracks an index. Over the year to Oct 9, 2026 it returned −2.4% with distributions reinvested. The prospectus expense ratio is 0.15% a year. It sat 6.6% below its high of Aug 6, 2020 on Oct 9, 2026.

About SPBO

SPBO tracks an index. Over the year to Oct 9, 2026 it returned −1.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Corporate Bond Index ?. The prospectus expense ratio is 0.03% a year. It sat 4.0% below its high of Feb 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, QLTA or SPBO?: In the year to Oct 9, 2026, with distributions reinvested, QLTA returned −2.4% and SPBO −1.8%.
Which is cheaper, QLTA or SPBO?: SPBO is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

QLTA vs SUSC QLTA vs VCEB BSCX vs QLTA CORP vs QLTA BSCX vs SPBO BSCW vs SPBO CORP vs SPBO CGMS vs SPBO

QLTA on its own →SPBO on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

QLTA filings on SEC EDGAR ↗QLTA prospectus with the expense ratio (SEC) ↗iShares page for QLTA ↗SPBO filings on SEC EDGAR ↗SPBO prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, QLTA against SPBO, data as of Oct 9, 2026. https://etfiq.com/compare/any/qlta-vs-spbo

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.