- ISIN
- US26923G7079
- CUSIP
- 26923G707
- Issuer
- Virtus
- Inception Date
- Aug 10, 2015
- Region
- Developed Markets (Broad)
- Category
- Multisector Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $439M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
NFLT Performance Chart
Virtus Newfleet Multi-Sector Bond ETF (NFLT) is up 1.9% since the beginning of the year. NFLT is currently trading at $23 per share. Investors who bought $1,000 worth of NFLT shares 5 years ago would now be looking at an investment worth $1,167.
Loading charts...
Returns By Period
Virtus Newfleet Multi-Sector Bond ETF (NFLT) has returned 1.91% so far this year and 7.02% over the past 12 months. Over the last ten years, NFLT has returned 4.07% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Virtus Newfleet Multi-Sector Bond ETF
- 1D
- 0.02%
- 1M
- 0.90%
- YTD
- 1.91%
- 6M
- 1.87%
- 1Y
- 7.02%
- 3Y*
- 7.47%
- 5Y*
- 3.14%
- 10Y*
- 4.07%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NFLT Monthly Returns History
Based on dividend-adjusted daily data since Aug 11, 2015, NFLT's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Mar 2020 at -9.6%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, NFLT closed higher 53% of trading days. The best single day was Apr 7, 2020 with a return of +3.0%, while the worst single day was Mar 19, 2020 at -3.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.74% | 0.69% | -1.60% | 1.37% | 0.65% | 0.07% | 1.91% | ||||||
| 2025 | 1.14% | 1.17% | -0.51% | -0.41% | 1.48% | 1.59% | 0.24% | 1.14% | 1.06% | 0.52% | 0.82% | 0.21% | 8.77% |
| 2024 | 0.60% | -0.05% | 0.76% | -1.13% | 1.30% | 0.84% | 1.75% | 1.45% | 1.53% | -1.45% | 1.29% | -0.93% | 6.05% |
| 2023 | 3.09% | -1.50% | 1.11% | 0.95% | -0.64% | 0.56% | 1.01% | -0.07% | -1.52% | -1.30% | 4.41% | 2.90% | 9.16% |
| 2022 | -1.47% | -1.20% | -1.64% | -2.37% | -1.09% | -3.40% | 2.72% | -1.00% | -3.55% | 0.44% | 3.08% | -0.20% | -9.49% |
| 2021 | -0.52% | -0.46% | -0.70% | 1.17% | 0.54% | 0.85% | 0.10% | 0.46% | -0.28% | -0.05% | -0.93% | 1.02% | 1.18% |
Benchmark Metrics
Virtus Newfleet Multi-Sector Bond ETF has an annualized alpha of 3.25%, beta of 0.07, and R2 of 0.07 versus S&P 500 Index. Calculated based on daily prices since August 11, 2015.
- This ETF participated in 23.09% of S&P 500 Index downside but only 22.05% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.07 may look defensive, but with R2 of 0.07 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.07 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.25%
- Beta
- 0.07
- R²
- 0.07
- Upside Capture
- 22.05%
- Downside Capture
- 23.09%
Expense Ratio
NFLT has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
NFLT ranks 57 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFLT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.78 | +0.13 |
| Martin ratioReturn relative to average drawdown | 12.69 | 12.44 | +0.25 |
Dividends
Dividend History
Virtus Newfleet Multi-Sector Bond ETF provided a 5.49% dividend yield over the last twelve months, with an annual payout of $1.26 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.26 | $1.32 | $1.29 | $1.35 | $0.91 | $0.86 | $0.93 | $1.07 | $1.13 | $1.57 | $1.34 | $0.17 |
Dividend yield | 5.49% | 5.74% | 5.76% | 6.02% | 4.16% | 3.41% | 3.63% | 4.33% | 4.81% | 6.23% | 5.30% | 0.67% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Newfleet Multi-Sector Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.06 | $0.10 | $0.09 | $0.10 | $0.10 | $0.11 | $0.56 | ||||||
| 2025 | $0.07 | $0.11 | $0.10 | $0.12 | $0.11 | $0.11 | $0.10 | $0.11 | $0.11 | $0.10 | $0.13 | $0.15 | $1.32 |
| 2024 | $0.08 | $0.11 | $0.09 | $0.12 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.10 | $0.11 | $0.15 | $1.29 |
| 2023 | $0.08 | $0.12 | $0.09 | $0.11 | $0.11 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.15 | $0.15 | $1.35 |
| 2022 | $0.04 | $0.08 | $0.06 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.09 | $0.08 | $0.12 | $0.91 |
| 2021 | $0.05 | $0.08 | $0.07 | $0.06 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.09 | $0.86 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Virtus Newfleet Multi-Sector Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Virtus Newfleet Multi-Sector Bond ETF was 15.17%, occurring on Mar 19, 2020. Recovery took 89 trading sessions.
The current Virtus Newfleet Multi-Sector Bond ETF drawdown is 0.49%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -15.17%Mar 2020 | 23d | 4mo 10d | 5mo 3dFeb 2020 - Jul 2020 |
Bear market2022 | -13.42%Oct 2022 | 1y 1mo | 1y 7mo | 2y 8moSep 2021 - May 2024 |
Rate-hike selloffLate 2018 | -3.72%Dec 2018 | 11mo 16d | 2mo 17d | 1y 1moJan 2018 - Mar 2019 |
2016 pullback2016 | -3.37%Jan 2016 | 2mo 18d | 2mo 2d | 4mo 20dNov 2015 - Mar 2016 |
2025 selloff2025 | -2.89%Apr 2025 | 1mo 11d | 1mo 6d | 2mo 17dMar 2025 - May 2025 |
Drawdown Indicators
| NFLT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.17% | -56.78% | +41.61% |
Max Drawdown (1Y)Largest decline over 1 year | -2.42% | -9.10% | +6.68% |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | -18.90% | +15.66% |
Max Drawdown (5Y)Largest decline over 5 years | -13.42% | -25.43% | +12.01% |
Max Drawdown (10Y)Largest decline over 10 years | -15.17% | -33.92% | +18.75% |
Current DrawdownCurrent decline from peak | -0.49% | -1.80% | +1.31% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -10.71% | +8.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 2.03% | -1.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with NFLT
Add Virtus Newfleet Multi-Sector Bond ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with NFLT