- Issuer
- Virtus
- Inception Date
- Dec 5, 2016
- Region
- Global (Broad)
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $31M
Share Price Chart
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Performance
VSHY Performance Chart
Virtus Newfleet Short Duration High Yield Bond ETF (VSHY) is up 2.3% since the beginning of the year. VSHY is currently trading at $22 per share.
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Returns By Period
Virtus Newfleet Short Duration High Yield Bond ETF (VSHY) has returned 2.30% so far this year and 6.50% over the past 12 months.
Virtus Newfleet Short Duration High Yield Bond ETF
- 1D
- -0.39%
- 1M
- 0.62%
- YTD
- 2.30%
- 6M
- 2.46%
- 1Y
- 6.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
VSHY Monthly Returns History
Based on dividend-adjusted daily data since Nov 28, 2023, VSHY's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, an investment would double in approximately 9.1 years.
Historically, 78% of months were positive and 22% were negative. The best month was Dec 2023 with a return of +3.2%, while the worst month was Apr 2024 at -1.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, VSHY closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +2.4%, while the worst single day was Apr 10, 2025 at -1.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.72% | 0.25% | -1.06% | 1.44% | 0.57% | 0.37% | 2.30% | ||||||
| 2025 | 1.00% | 0.62% | -0.88% | -0.62% | 1.89% | 1.35% | 0.31% | 1.08% | 0.87% | 0.33% | 0.58% | 0.17% | 6.87% |
| 2024 | -0.12% | 0.31% | 1.48% | -1.30% | 1.36% | 0.58% | 2.29% | 1.40% | 1.05% | -0.45% | 1.64% | -0.43% | 8.03% |
| 2023 | 0.57% | 3.17% | 3.76% |
Benchmark Metrics
Virtus Newfleet Short Duration High Yield Bond ETF has an annualized alpha of 4.26%, beta of 0.19, and R2 of 0.44 versus S&P 500 Index. Calculated based on daily prices since November 28, 2023.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (28.18%) than losses (16.12%) - typical of diversified or defensive assets.
- Beta of 0.19 may look defensive, but with R2 of 0.44 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 0.44 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 4.26%
- Beta
- 0.19
- R²
- 0.44
- Upside Capture
- 28.18%
- Downside Capture
- 16.12%
Expense Ratio
VSHY has an expense ratio of 0.40%, placing it in the medium range.
Return for Risk
Risk / Return Rank
VSHY ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Virtus Newfleet Short Duration High Yield Bond ETF (VSHY) 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.
| VSHY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.76 | 2.78 | +0.98 |
| Martin ratioReturn relative to average drawdown | 14.01 | 12.44 | +1.58 |
Dividends
Dividend History
Virtus Newfleet Short Duration High Yield Bond ETF provided a 6.36% dividend yield over the last twelve months, with an annual payout of $1.38 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.38 | $1.34 | $1.48 | $0.29 |
Dividend yield | 6.36% | 6.14% | 6.81% | 1.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Newfleet Short Duration High Yield 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 | $0.11 | $0.10 | $0.11 | $0.11 | $0.12 | $0.61 | ||||||
| 2025 | $0.01 | $0.08 | $0.11 | $0.12 | $0.12 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.17 | $1.34 |
| 2024 | $0.01 | $0.11 | $0.12 | $0.14 | $0.12 | $0.13 | $0.13 | $0.13 | $0.17 | $0.07 | $0.12 | $0.23 | $1.48 |
| 2023 | $0.29 | $0.29 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Virtus Newfleet Short Duration High Yield 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 Short Duration High Yield Bond ETF was 4.55%, occurring on Apr 8, 2025. Recovery took 29 trading sessions.
The current Virtus Newfleet Short Duration High Yield Bond ETF drawdown is 0.39%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -4.55%Apr 2025 | 1mo 6d | 1mo 12d | 2mo 18dMar 2025 - May 2025 |
2024 pullback2024 | -2.07%Dec 2024 | 21d | 2mo 4d | 2mo 25dNov 2024 - Feb 2025 |
2024 pullback2024 | -1.86%Apr 2024 | 24d | 27d | 1mo 21dMar 2024 - May 2024 |
2026 pullback2026 | -1.73%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
2025 pullback2025 | -1.09%Nov 2025 | 20d | 16d | 1mo 6dOct 2025 - Dec 2025 |
Drawdown Indicators
| VSHY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.55% | -56.78% | +52.23% |
Max Drawdown (1Y)Largest decline over 1 year | -1.73% | -9.10% | +7.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.39% | -1.80% | +1.41% |
Average DrawdownAverage peak-to-trough decline | -0.41% | -10.71% | +10.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 2.03% | -1.57% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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