ABI vs. MULT

Last updated Aug 2, 2026

ABI (VictoryShares Pioneer Asset-Based Income ETF) and MULT (Franklin Multisector Income ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.48 correlation means their historical movements had little consistent relationship. ABI charges 0.65%/yr vs 0.39%/yr for MULT.

Performance

ABI vs. MULT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Pioneer Asset-Based Income ETF (ABI) and Franklin Multisector Income ETF (MULT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABI achieves a 3.41% return, which is significantly higher than MULT's 0.70% return.

ABI

• 1D: 0.00%
• 1M: 0.32%
• 6M: 2.35%
• YTD: 3.41%
• 1Y: 4.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.04%

MULT

• 1D: -0.22%
• 1M: -0.64%
• 6M: 0.44%
• YTD: 0.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ABI VictoryShares Pioneer Asset-Based Income ETF	$2.87K	$2.82K	$5.12K
MULT Franklin Multisector Income ETF	$6.84K	$5.44K	$4.97K

ABI vs. MULT - Yearly Performance Comparison

	2026 (YTD)	2025
ABI VictoryShares Pioneer Asset-Based Income ETF	3.41%	0.84%
MULT Franklin Multisector Income ETF	0.70%	2.14%

Correlation

The correlation between ABI and MULT is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 28, 2025	0.48

Return for Risk

ABI vs. MULT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ABI

ABI Risk / Return Rank: 96
ABI Sharpe Ratio Rank: 98
ABI Sortino Ratio Rank: 98
ABI Omega Ratio Rank: 98
ABI Calmar Ratio Rank: 95
ABI Martin Ratio Rank: 93

MULT

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ABI vs. MULT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Pioneer Asset-Based Income ETF (ABI) and Franklin Multisector Income ETF (MULT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	ABI	MULT	Difference
Sharpe ratio: Return per unit of total volatility	4.15	—	—
Sortino ratio: Return per unit of downside risk	6.31	—	—
Omega ratio: Gain probability vs. loss probability	2.02	—	—
Calmar ratio: Return relative to maximum drawdown	5.50	—	—
Martin ratio: Return relative to average drawdown	16.70	—	—

Drawdowns

ABI vs. MULT - Drawdown Comparison

The maximum ABI drawdown since its inception was -0.95%, smaller than the maximum MULT drawdown of -1.70%. Use the drawdown chart below to compare losses from any high point for ABI and MULT.

Drawdown Indicators

	ABI	MULT	Difference
Max Drawdown Largest peak-to-trough decline	-0.95%	-1.70%	+0.75%
Max Drawdown (1Y) Largest decline over 1 year	-0.95%	—	—
Current Drawdown Current decline from peak	0.00%	-0.68%	+0.68%
Average Drawdown Average peak-to-trough decline	-0.16%	-0.32%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.31%	—	—

Volatility

Volatility by Period

	ABI	MULT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.26%	2.93%	-1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.24%	2.93%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.24%	2.93%	-1.69%

ABI vs. MULT - Expense Ratio Comparison

ABI has a 0.65% expense ratio, which is higher than MULT's 0.39% expense ratio.

Dividends

ABI vs. MULT - Dividend Comparison

ABI's dividend yield for the trailing twelve months is around 6.19%, more than MULT's 3.82% yield.

Position	TTM	2025
ABI VictoryShares Pioneer Asset-Based Income ETF	6.19%	3.01%
MULT Franklin Multisector Income ETF	3.82%	1.56%

Frequently Asked Questions

Can I hold both ABI and MULT in my portfolio?

ABI and MULT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ABI or MULT?

On fees, MULT is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ABI or MULT?

MULT is cheaper with a 0.39% expense ratio, compared with 0.65% for ABI.

Which ETF pays a higher dividend yield, ABI or MULT?

ABI has the higher dividend yield at 6.19%, compared with 3.82% for MULT.

What is the main difference between ABI and MULT?

They also come from different issuers: VictoryShares and Franklin. Their fees differ too: 0.65% for ABI and 0.39% for MULT.