Virtus Newfleet Multi-Sector Bond ETF (NFLT) 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 NFLT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NFLT
NFLT charges 0.50% annually. There are 14 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 | NFLT vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 460.40M | Oct 2017 | NFLT vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | NFLT vs VGMS | |
| American Century Multisector Income ETF | 0.36% | 216.87M | Jun 2021 | NFLT vs MUSI | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | NFLT vs AINP |
Best Risk-Adjusted Alternatives to NFLT
NFLT has a PortfoliosLab risk / return rank of 57. There are 20 ETFs in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 97 | 432.36M | Nov 2023 | NFLT vs SOFR | |
| Palmer Square Credit Opportunities ETF | 96 | 101.21M | Sep 2024 | NFLT vs PSQO | |
| Obra High Grade Structured Products ETF | 95 | 29.65M | Apr 2024 | NFLT vs OGSP | |
| Angel Oak Income ETF | 94 | 1.03B | Nov 2022 | NFLT vs CARY | |
| JPMorgan Income ETF | 93 | 9.10B | Oct 2021 | NFLT vs JPIE |
Top Performing NFLT Alternatives (YTD)
NFLT is at 1.50% YTD. There are 14 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 | NFLT vs BLUI | |
| VictoryShares Pioneer Asset-Based Income ETF | 2.61% | 56.54M | Jun 2025 | NFLT vs ABI | |
| Simplify Opportunistic Income ETF | 2.58% | 36.80M | Jun 2023 | NFLT vs CRDT | |
| Obra Opportunistic Structured Products ETF | 2.41% | 36.96M | Apr 2024 | NFLT vs OOSP | |
| TCW Multisector Credit Income ETF | 2.30% | 50.94M | Nov 2024 | NFLT vs MUSE |
Lowest Volatility Alternatives to NFLT
NFLT has 4.01% 1-year volatility. There are 37 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 | NFLT vs SOFR | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.28% | 56.54M | Jun 2025 | NFLT vs ABI | |
| Palmer Square Credit Opportunities ETF | 1.55% | 101.21M | Sep 2024 | NFLT vs PSQO | |
| JPMorgan Income ETF | 1.59% | 9.10B | Oct 2021 | NFLT vs JPIE | |
| Obra High Grade Structured Products ETF | 1.74% | 29.65M | Apr 2024 | NFLT vs OGSP |
Lowest Drawdown Alternatives to NFLT
NFLT has a 1-year max drawdown of -2.42%. There are 16 ETFs in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | -0.41% | 432.36M | Nov 2023 | NFLT vs SOFR | |
| Obra High Grade Structured Products ETF | -0.50% | 29.65M | Apr 2024 | NFLT vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | NFLT vs PSQO | |
| JPMorgan Income ETF | -1.15% | 9.10B | Oct 2021 | NFLT vs JPIE | |
| PGIM Short Duration Multi-Sector Bond ETF | -1.19% | — | Jul 2023 | NFLT vs PSDM |
Other ETFs from Virtus
The 10 most viewed Virtus ETFs shown here include SEIX, VEMY, SDCP and span 10 categories. AUM among these funds goes as high as $257M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | Bank Loan | 93 | 2.09% | 257.27M | Apr 2019 | NFLT vs SEIX | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | Emerging Markets Bonds | 90 | 5.89% | 21.37M | Dec 2022 | NFLT vs VEMY | |
| Virtus Newfleet Short Duration Core Plus Bond ETF | Short-Term Bond | 91 | 1.06% | 12.78M | Nov 2023 | NFLT vs SDCP | |
| Virtus WMC International Dividend ETF | Dividend | 67 | 7.96% | 13.38M | Oct 2017 | NFLT vs VWID | |
| Virtus SEIX AAA Private Credit CLO ETF | CLO | 99 | 1.97% | — | Dec 2024 | NFLT vs PCLO | |
| Virtus AlphaSimplex Managed Futures ETF | Systematic Trend | 51 | 9.39% | 31.09M | May 2024 | NFLT vs ASMF | |
| Virtus AlphaSimplex Global Macro ETF | Tactical Allocation | — | 22.52% | — | Aug 2025 | NFLT vs ASGM | |
| Virtus Newfleet Short Duration High Yield Bond ETF | High Yield Bonds | 65 | 1.75% | 30.49M | Dec 2016 | NFLT vs VSHY | |
| Virtus KAR Mid-Cap ETF | Mid Cap Growth Equities | 10 | 1.86% | 46.80M | Oct 2024 | NFLT vs KMID | |
| Virtus U.S. Dividend ETF | Large Cap Blend Equities, Dividend | — | 19.93% | 17.86M | Dec 2025 | NFLT vs VUS |
Often Compared With NFLT
Investors most often compare NFLT with HTRB, OVB, BOND. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare NFLT with Any Fund or Stock
Compare NFLT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NFLT with funds that move differently
Virtus Newfleet Multi-Sector Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NFLT.
Explore NFLT Diversifiers