PortfoliosLab logoPortfoliosLab logo

Thornburg Multi Sector Bond ETF (TMB) 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 TMB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TMB

TMB charges 0.55% annually. There are 25 ETFs in the Multisector Bonds category with lower expense ratios, going as low as 0.20%.


Best Risk-Adjusted Alternatives to TMB

Among 36 ETFs in the Multisector Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.


Top Performing TMB Alternatives (YTD)

Among 45 ETFs in the Multisector Bonds category with YTD return data, the top-performing alternatives shown here go as high as 4.80%.


Lowest Volatility Alternatives to TMB

TMB has 3.31% 1-year volatility. There are 29 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 0.86%.


Lowest Drawdown Alternatives to TMB

Among 36 ETFs in the Multisector Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.41%.


Other ETFs from Thornburg

The 3 most viewed Thornburg ETFs shown here include TXUE, TXUG, TPLS and span 2 categories. AUM among these funds goes as high as $251M.


Often Compared With TMB

Investors most often compare TMB with CMDT, IVES, DBC. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
PIMCO Commodity Strategy Active Exchange-Traded Fu...Commodities
67
17.48%
750.61MMay 2023TMB vs CMDT
Dan IVES Wedbush AI Revolution ETFTechnology Equities
39
16.26%
1.09BJun 2025TMB vs IVES
Invesco DB Commodity Index Tracking FundCommodities
56
27.28%
1.60BFeb 2006TMB vs DBC
First Trust Global Tactical Commodity Strategy Fun...Commodities
77
25.30%
2.84BOct 2013TMB vs FTGC
United States Brent Oil Fund LPOil & Gas
42
65.18%
883.37MJun 2010TMB vs BNO
FolioBeyond Enhanced Fixed Income Premium ETFMultisector Bonds
81
2.51%
9.95MJan 2025TMB vs FIXP
RJ Eagle Vertical Income ETFMultisector Bonds
2.19%
13.69MOct 2025TMB vs RJVI
Eaton Vance Income Opportunities ETFMultisector Bonds
2.48%
Nov 2025TMB vs XAGG
Simplify Commodities Strategy No K-1 ETFCommodities
15
5.26%
77.13MMar 2023TMB vs HARD
SPDR Bloomberg Enhanced Roll Yield Commodity Strat...Commodities
71
23.57%
1.04BSep 2024TMB vs CERY
Obra Opportunistic Structured Products ETFMultisector Bonds
77
2.98%
36.96MApr 2024TMB vs OOSP
Franklin Multisector Income ETFMultisector Bonds
1.23%
15.00MAug 2025TMB vs MULT
iShares Commodity Curve Carry Strategy ETFCommodities27.00MSep 2020TMB vs CCRV
iShares GSCI Commodity Dynamic Roll Strategy ETFCommodities
52
30.19%
1.12BOct 2014TMB vs COMT
PGIM Short Duration Multi-Sector Bond ETFMultisector Bonds
93
1.66%
Jul 2023TMB vs PSDM
Bastion Energy ETFEnergy Equities
85
17.67%
Jun 2025TMB vs BESF
ATAC Credit Rotation ETFMultisector Bonds
31
0.50%
5.89MJul 2021TMB vs JOJO
Sterling Capital Multi-Strategy Income ETFMultisector Bonds
2.31%
159.64MDec 2025TMB vs SCMC
Invesco DB Energy FundOil & Gas
57
68.39%
85.45MJan 2007TMB vs DBE
iShares S&P GSCI Commodity-Indexed TrustCommodities
54
33.95%
853.88MJul 2006TMB vs GSG

Compare TMB with Any Fund or Stock

Compare TMB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair TMB with funds that move differently

Thornburg Multi Sector Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TMB.

Explore TMB Diversifiers