CMBO vs. FLTR
CMBO (Wayfinder Dynamic U.S. Interest Rate ETF) and FLTR (VanEck IG Floating Rate ETF) are both exchange-traded funds - CMBO is a Ultrashort Bond fund actively managed by Wayfinder, while FLTR is a Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. CMBO is actively managed, while FLTR is passively managed. At a 0.08 correlation, their price movements are largely independent. CMBO charges 0.15%/yr vs 0.14%/yr for FLTR.
Performance
CMBO vs. FLTR - Performance Comparison
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Returns By Period
In the year-to-date period, CMBO achieves a 1.82% return, which is significantly lower than FLTR's 2.23% return.
CMBO
- 1D
- 0.00%
- 1M
- 0.30%
- YTD
- 1.82%
- 6M
- 1.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FLTR
- 1D
- 0.04%
- 1M
- 0.42%
- YTD
- 2.23%
- 6M
- 2.36%
- 1Y
- 5.30%
- 3Y*
- 6.13%
- 5Y*
- 4.55%
- 10Y*
- 3.50%
CMBO vs. FLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CMBO Wayfinder Dynamic U.S. Interest Rate ETF | 1.82% | 0.55% |
FLTR VanEck IG Floating Rate ETF | 2.23% | 0.92% |
Correlation
The correlation between CMBO and FLTR is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025 | 0.08 |
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Return for Risk
CMBO vs. FLTR — Risk / Return Rank
CMBO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FLTR
CMBO vs. FLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wayfinder Dynamic U.S. Interest Rate ETF (CMBO) and VanEck IG Floating Rate ETF (FLTR). 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.
| CMBO | FLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 3.08 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 16.96 | — |
| Martin ratioReturn relative to average drawdown | — | 99.46 | — |
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Drawdowns
CMBO vs. FLTR - Drawdown Comparison
The maximum CMBO drawdown since its inception was -0.22%, smaller than the maximum FLTR drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for CMBO and FLTR.
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Drawdown Indicators
| CMBO | FLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.22% | -17.84% | +17.62% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.31% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -3.06% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.84% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -0.67% | +0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.05% | — |
Volatility
CMBO vs. FLTR - Volatility Comparison
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Volatility by Period
| CMBO | FLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.66% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.37% | 0.81% | -0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.37% | 2.13% | -1.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.37% | 5.00% | -4.63% |
CMBO vs. FLTR - Expense Ratio Comparison
CMBO has a 0.15% expense ratio, which is higher than FLTR's 0.14% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CMBO vs. FLTR - Dividend Comparison
CMBO has not paid dividends to shareholders, while FLTR's dividend yield for the trailing twelve months is around 4.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMBO Wayfinder Dynamic U.S. Interest Rate ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLTR VanEck IG Floating Rate ETF | 4.71% | 4.97% | 5.93% | 6.07% | 2.29% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% |
Frequently Asked Questions
CMBO and FLTR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLTR is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLTR is cheaper with a 0.14% expense ratio, compared with 0.15% for CMBO.
FLTR has the higher dividend yield at 4.71%, compared with 0.00% for CMBO.
CMBO is categorized as Ultrashort Bond, while FLTR is Corporate Bonds. They also come from different issuers: Wayfinder and VanEck. Their fees differ too: 0.15% for CMBO and 0.14% for FLTR.
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