ASEC vs. MUSI
ASEC (American Century Securitized Credit ETF) and MUSI (American Century Multisector Income ETF) are both exchange-traded funds - ASEC is a Mortgage Backed Securities fund actively managed by American Century, while MUSI is a Multisector Bonds fund actively managed by American Century. Both are actively managed. Their 0.17 correlation means their historical movements had little consistent relationship. ASEC charges 0.29%/yr vs 0.36%/yr for MUSI.
Performance
ASEC vs. MUSI - Performance Comparison
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Returns By Period
ASEC
- 1D
- 0.06%
- 1M
- -0.05%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MUSI
- 1D
- 0.07%
- 1M
- -1.12%
- 6M
- -0.06%
- YTD
- 0.29%
- 1Y
- 3.89%
- 3Y*
- 6.19%
- 5Y*
- 2.04%
- 10Y*
- —
- ALL TIME*
- 2.04%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $734.43 | $3.06K | $464.20K | |
| $856.45K | $806.20K | $845.17K |
ASEC vs. MUSI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ASEC American Century Securitized Credit ETF | -0.09% |
MUSI American Century Multisector Income ETF | -0.31% |
Correlation
The correlation between ASEC and MUSI is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.17 |
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Return for Risk
ASEC vs. MUSI — Risk / Return Rank
ASEC
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MUSI
ASEC vs. MUSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Securitized Credit ETF (ASEC) and American Century Multisector Income ETF (MUSI). 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.
| ASEC | MUSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.20 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.40 | — |
| Martin ratioReturn relative to average drawdown | — | 4.55 | — |
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Drawdowns
ASEC vs. MUSI - Drawdown Comparison
The maximum ASEC drawdown since its inception was -0.46%, smaller than the maximum MUSI drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for ASEC and MUSI.
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Drawdown Indicators
| ASEC | MUSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.46% | -13.91% | +13.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.78% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.91% | — |
Current DrawdownCurrent decline from peak | -0.20% | -1.44% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -0.18% | -4.12% | +3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.86% | — |
Volatility
ASEC vs. MUSI - Volatility Comparison
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Volatility by Period
| ASEC | MUSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.89% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.79% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.39% | 3.41% | -2.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.39% | 4.84% | -3.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.39% | 4.81% | -3.42% |
ASEC vs. MUSI - Expense Ratio Comparison
ASEC has a 0.29% expense ratio, which is lower than MUSI's 0.36% expense ratio.
Dividends
ASEC vs. MUSI - Dividend Comparison
ASEC's dividend yield for the trailing twelve months is around 0.46%, less than MUSI's 5.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ASEC American Century Securitized Credit ETF | 0.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MUSI American Century Multisector Income ETF | 5.47% | 5.74% | 6.00% | 5.20% | 4.02% | 1.62% |
Frequently Asked Questions
ASEC and MUSI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ASEC is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ASEC is cheaper with a 0.29% expense ratio, compared with 0.36% for MUSI.
MUSI has the higher dividend yield at 5.47%, compared with 0.46% for ASEC.
ASEC is categorized as Mortgage Backed Securities, while MUSI is Multisector Bonds. Their fees differ too: 0.29% for ASEC and 0.36% for MUSI.
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