T. Rowe Price Multi-Sector Income ETF (TMSF) 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 TMSF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TMSF
TMSF charges 0.37% annually. There are 5 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% | 385.96M | Nov 2023 | TMSF vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 447.63M | Oct 2017 | TMSF vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | TMSF vs VGMS | |
| American Century Multisector Income ETF | 0.36% | 216.87M | Jun 2021 | TMSF vs MUSI | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | TMSF vs AINP |
Best Risk-Adjusted Alternatives to TMSF
Among 35 ETFs in the Multisector Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 98 | 385.96M | Nov 2023 | TMSF vs SOFR | |
| Palmer Square Credit Opportunities ETF | 96 | 101.21M | Sep 2024 | TMSF vs PSQO | |
| Obra High Grade Structured Products ETF | 96 | 29.65M | Apr 2024 | TMSF vs OGSP | |
| Angel Oak Income ETF | 93 | 1.03B | Nov 2022 | TMSF vs CARY | |
| JPMorgan Income ETF | 93 | 9.52B | Oct 2021 | TMSF vs JPIE |
Top Performing TMSF Alternatives (YTD)
TMSF is at 1.77% YTD. There are 14 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 4.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Man Active Income ETF | 4.19% | 20.24M | Sep 2025 | TMSF vs MANI | |
| Bluemonte Diversified Income ETF | 3.65% | 100.93M | Jun 2025 | TMSF vs BLUI | |
| VictoryShares Pioneer Asset-Based Income ETF | 2.85% | 56.45M | Jun 2025 | TMSF vs ABI | |
| Obra Opportunistic Structured Products ETF | 2.66% | 36.96M | Apr 2024 | TMSF vs OOSP | |
| TCW Multisector Credit Income ETF | 2.59% | 50.94M | Nov 2024 | TMSF vs MUSE |
Lowest Volatility Alternatives to TMSF
TMSF has 2.93% 1-year volatility. There are 19 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% | 385.96M | Nov 2023 | TMSF vs SOFR | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.27% | 56.45M | Jun 2025 | TMSF vs ABI | |
| Palmer Square Credit Opportunities ETF | 1.54% | 101.21M | Sep 2024 | TMSF vs PSQO | |
| JPMorgan Income ETF | 1.61% | 9.52B | Oct 2021 | TMSF vs JPIE | |
| Obra High Grade Structured Products ETF | 1.69% | 29.65M | Apr 2024 | TMSF vs OGSP |
Lowest Drawdown Alternatives to TMSF
Among 35 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% | 385.96M | Nov 2023 | TMSF vs SOFR | |
| Obra High Grade Structured Products ETF | -0.50% | 29.65M | Apr 2024 | TMSF vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | TMSF vs PSQO | |
| JPMorgan Income ETF | -1.15% | 9.52B | Oct 2021 | TMSF vs JPIE | |
| PGIM Short Duration Multi-Sector Bond ETF | -1.19% | — | Jul 2023 | TMSF vs PSDM |
Other ETFs from T. Rowe Price
The 10 most viewed T. Rowe Price ETFs shown here include TCAF, TFLR, TDVG and span 7 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Capital Appreciation Equity ETF | Large Cap Blend Equities | 39 | 4.55% | 7.13B | Jun 2023 | TMSF vs TCAF | |
| T. Rowe Price Floating Rate ETF | Bank Loan | 77 | 1.27% | 625.68M | Nov 2022 | TMSF vs TFLR | |
| T. Rowe Price Dividend Growth ETF | Large Cap Growth Equities, Dividend | 56 | 8.04% | 1.36B | Aug 2020 | TMSF vs TDVG | |
| T. Rowe Price Ultra Short-Term Bond ETF | Ultrashort Bond | 99 | 1.83% | 1.17B | Sep 2021 | TMSF vs TBUX | |
| T. Rowe Price Blue Chip Growth ETF | Large Cap Growth Equities | 21 | -1.72% | 2.16B | Aug 2020 | TMSF vs TCHP | |
| T. Rowe Price US Equity Research ETF | Large Cap Blend Equities | 59 | 8.79% | 3.56B | Jun 2021 | TMSF vs TSPA | |
| T. Rowe Price Growth Stock ETF | Large Cap Growth Equities | 23 | 0.74% | 1.01B | Aug 2020 | TMSF vs TGRW | |
| T. Rowe Price International Equity ETF | Foreign Large Cap Equities | 41 | 9.19% | 1.52B | Jun 2023 | TMSF vs TOUS | |
| T. Rowe Price U.S. High Yield ETF | High Yield Bonds | 55 | 1.84% | 818.81M | Oct 2022 | TMSF vs THYF | |
| T. Rowe Price Growth ETF | Large Cap Growth Equities | 23 | 0.18% | 1.24B | Jun 2023 | TMSF vs TGRT |
Often Compared With TMSF
Investors most often compare TMSF with GGOV, IAGG, JOJO. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare TMSF with Any Fund or Stock
Compare TMSF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TMSF with funds that move differently
T. Rowe Price Multi-Sector Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TMSF.
Explore TMSF Diversifiers