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 16 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% | 452.48M | Nov 2023 | NFLT vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 437.78M | Oct 2017 | NFLT vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | NFLT vs VGMS | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | NFLT vs AINP | |
| American Century Multisector Income ETF | 0.36% | 247.75M | Jun 2021 | NFLT vs MUSI |
Best Risk-Adjusted Alternatives to NFLT
NFLT has a PortfoliosLab risk / return rank of 60. There are 20 ETFs in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 98 | 452.48M | Nov 2023 | NFLT vs SOFR | |
| Obra High Grade Structured Products ETF | 98 | 29.65M | Apr 2024 | NFLT vs OGSP | |
| Palmer Square Credit Opportunities ETF | 97 | 101.21M | Sep 2024 | NFLT vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | 96 | 56.41M | Jun 2025 | NFLT vs ABI | |
| JPMorgan Income ETF | 95 | 10.22B | Oct 2021 | NFLT vs JPIE |
Top Performing NFLT Alternatives (YTD)
NFLT is at 1.48% YTD. There are 19 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 4.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Man Active Income ETF | 4.94% | 20.24M | Sep 2025 | NFLT vs MANI | |
| Bluemonte Diversified Income ETF | 4.27% | 106.47M | Jun 2025 | NFLT vs BLUI | |
| VictoryShares Pioneer Asset-Based Income ETF | 3.41% | 56.41M | Jun 2025 | NFLT vs ABI | |
| Obra Opportunistic Structured Products ETF | 3.25% | 36.96M | Apr 2024 | NFLT vs OOSP | |
| Simplify Opportunistic Income ETF | 2.81% | 36.02M | Jun 2023 | NFLT vs CRDT |
Lowest Volatility Alternatives to NFLT
NFLT has 4.06% 1-year volatility. There are 40 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.89% | 452.48M | Nov 2023 | NFLT vs SOFR | |
| State Street IG Public & Private ABS ETF | 1.08% | 24.89M | Mar 2026 | NFLT vs PRAB | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.26% | 56.41M | Jun 2025 | NFLT vs ABI | |
| Obra High Grade Structured Products ETF | 1.53% | 29.65M | Apr 2024 | NFLT vs OGSP | |
| JPMorgan Income ETF | 1.64% | 10.22B | Oct 2021 | NFLT vs JPIE |
Lowest Drawdown Alternatives to NFLT
NFLT has a 1-year max drawdown of -2.42%. There are 17 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% | 452.48M | Nov 2023 | NFLT vs SOFR | |
| Obra High Grade Structured Products ETF | -0.44% | 29.65M | Apr 2024 | NFLT vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | NFLT vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | -0.95% | 56.41M | Jun 2025 | NFLT vs ABI | |
| JPMorgan Income ETF | -1.15% | 10.22B | Oct 2021 | NFLT vs JPIE |
Other ETFs from Virtus
The 10 most viewed Virtus ETFs shown here include PFFA, UTES, SEIX and span 13 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus InfraCap U.S. Preferred Stock ETF | Preferred Stock | 29 | 1.20% | 2.45B | May 2018 | NFLT vs PFFA | |
| Virtus Reaves Utilities ETF | Utilities Equities | 7 | -1.07% | 1.33B | Sep 2015 | NFLT vs UTES | |
| Virtus Seix Senior Loan ETF | Bank Loan, High Yield Bonds, Actively Managed | 96 | 2.94% | 251.21M | Apr 2019 | NFLT vs SEIX | |
| InfraCap REIT Preferred ETF | REIT, Preferred Stock | 23 | 2.67% | 120.46M | Feb 2017 | NFLT vs PFFR | |
| InfraCap MLP ETF | MLPs | 47 | 30.46% | 467.54M | Oct 2014 | NFLT vs AMZA | |
| Virtus Terranova U.S. Quality Momentum ETF | Quality Factor, Momentum, Large Cap Blend Equities | 34 | 8.43% | 240.41M | Nov 2020 | NFLT vs JOET | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | Emerging Markets Bonds | 89 | 5.65% | 49.68M | Dec 2022 | NFLT vs VEMY | |
| Virtus LifeSci Biotech Clinical Trials ETF | Health & Biotech Equities | 96 | 26.39% | 47.80M | Dec 2014 | NFLT vs BBC | |
| Virtus Private Credit ETF | Nontraditional Bonds | 1 | -11.53% | 30.31M | Feb 2019 | NFLT vs VPC | |
| Virtus LifeSci Biotech Products ETF | Health & Biotech Equities | 90 | 17.46% | 101.39M | Dec 2014 | NFLT vs BBP |
Often Compared With NFLT
Investors most often compare NFLT with OVB, HTRB, LQDH. These 20 comparison targets span 16 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