Franklin Multisector Income ETF (MULT) belongs to the Multisector Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MULT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MULT
MULT charges 0.39% annually. There are 6 ETFs in the Multisector Bonds category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.20% | 432.36M | Nov 2023 | MULT vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 460.40M | Oct 2017 | MULT vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | MULT vs VGMS | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | MULT vs AINP | |
| American Century Multisector Income ETF | 0.36% | 216.87M | Jun 2021 | MULT vs MUSI |
Best Risk-Adjusted Alternatives to MULT
Among 34 ETFs in the Multisector Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 97 | 432.36M | Nov 2023 | MULT vs SOFR | |
| Palmer Square Credit Opportunities ETF | 96 | 101.21M | Sep 2024 | MULT vs PSQO | |
| Obra High Grade Structured Products ETF | 95 | 29.65M | Apr 2024 | MULT vs OGSP | |
| Angel Oak Income ETF | 94 | 1.03B | Nov 2022 | MULT vs CARY | |
| JPMorgan Income ETF | 93 | 9.10B | Oct 2021 | MULT vs JPIE |
Top Performing MULT Alternatives (YTD)
MULT is at 0.83% YTD. There are 34 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 3.27%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Bluemonte Diversified Income ETF | 3.27% | 100.93M | Jun 2025 | MULT vs BLUI | |
| VictoryShares Pioneer Asset-Based Income ETF | 2.61% | 56.54M | Jun 2025 | MULT vs ABI | |
| Simplify Opportunistic Income ETF | 2.58% | 36.80M | Jun 2023 | MULT vs CRDT | |
| Obra Opportunistic Structured Products ETF | 2.41% | 36.96M | Apr 2024 | MULT vs OOSP | |
| TCW Multisector Credit Income ETF | 2.30% | 50.94M | Nov 2024 | MULT vs MUSE |
Lowest Volatility Alternatives to MULT
MULT has 2.95% 1-year volatility. There are 21 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.84% | 432.36M | Nov 2023 | MULT vs SOFR | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.28% | 56.54M | Jun 2025 | MULT vs ABI | |
| Palmer Square Credit Opportunities ETF | 1.55% | 101.21M | Sep 2024 | MULT vs PSQO | |
| JPMorgan Income ETF | 1.59% | 9.10B | Oct 2021 | MULT vs JPIE | |
| Obra High Grade Structured Products ETF | 1.74% | 29.65M | Apr 2024 | MULT vs OGSP |
Lowest Drawdown Alternatives to MULT
Among 34 ETFs in the Multisector Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | -0.41% | 432.36M | Nov 2023 | MULT vs SOFR | |
| Obra High Grade Structured Products ETF | -0.50% | 29.65M | Apr 2024 | MULT vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | MULT vs PSQO | |
| JPMorgan Income ETF | -1.15% | 9.10B | Oct 2021 | MULT vs JPIE | |
| PGIM Short Duration Multi-Sector Bond ETF | -1.19% | — | Jul 2023 | MULT vs PSDM |
Other ETFs from Franklin
The 2 most viewed Franklin ETFs shown here include SOEZ, XUDV and span 2 categories. AUM among these funds goes as high as $67M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin Solana ETF | Cryptocurrency | — | -40.75% | 9.25M | Dec 2025 | MULT vs SOEZ | |
| Franklin U.S. Dividend Booster Index ETF | Dividend | 77 | 19.02% | 66.88M | Jan 2025 | MULT vs XUDV |
Often Compared With MULT
Investors most often compare MULT with XAGG, JOJO, RDFI. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Income Opportunities ETF | Multisector Bonds | — | 1.93% | — | Nov 2025 | MULT vs XAGG | |
| ATAC Credit Rotation ETF | Multisector Bonds | 42 | 2.29% | 5.89M | Jul 2021 | MULT vs JOJO | |
| Rareview Dynamic Fixed Income ETF | Multisector Bonds | 31 | 1.30% | 58.18M | Oct 2020 | MULT vs RDFI | |
| Thornburg Multi Sector Bond ETF | Multisector Bonds | — | — | 79.46M | Feb 2025 | MULT vs TMB | |
| DoubleLine Multi-Sector Income ETF | Multisector Bonds | 90 | 1.46% | — | Nov 2024 | MULT vs DMX |
Compare MULT with Any Fund or Stock
Compare MULT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MULT with funds that move differently
Franklin Multisector Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MULT.
Explore MULT Diversifiers