DYNB vs. VGMS

Last updated Jun 5, 2026

DYNB (Hartford Dynamic Bond ETF) and VGMS (Vanguard Multi-Sector Income Bond ETF) are both Multisector Bonds funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. DYNB charges 0.60%/yr vs 0.30%/yr for VGMS.

Performance

DYNB vs. VGMS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford Dynamic Bond ETF (DYNB) and Vanguard Multi-Sector Income Bond ETF (VGMS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYNB achieves a 0.40% return, which is significantly lower than VGMS's 1.29% return.

DYNB

• 1D: 0.18%
• 1M: 0.17%
• YTD: 0.40%
• 6M: 0.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VGMS

• 1D: 0.23%
• 1M: 0.38%
• YTD: 1.29%
• 6M: 1.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DYNB vs. VGMS - Yearly Performance Comparison

	2026 (YTD)	2025
DYNB Hartford Dynamic Bond ETF	0.40%	0.54%
VGMS Vanguard Multi-Sector Income Bond ETF	1.29%	1.55%

Correlation

The correlation between DYNB and VGMS is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 25, 2025	0.83

Return for Risk

DYNB vs. VGMS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Dynamic Bond ETF (DYNB) and Vanguard Multi-Sector Income Bond ETF (VGMS). 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.

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

Sharpe Ratios by Period

	DYNB	VGMS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	2.18	-1.70

Drawdowns

DYNB vs. VGMS - Drawdown Comparison

The maximum DYNB drawdown since its inception was -2.61%, which is greater than VGMS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for DYNB and VGMS.

Drawdown Indicators

	DYNB	VGMS	Difference
Max Drawdown Largest peak-to-trough decline	-2.61%	-2.46%	-0.15%
Current Drawdown Current decline from peak	-0.93%	-0.16%	-0.77%
Average Drawdown Average peak-to-trough decline	-0.63%	-0.31%	-0.32%

Volatility

Volatility by Period

	DYNB	VGMS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.87%	3.21%	-0.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.87%	3.21%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.87%	3.21%	-0.34%

DYNB vs. VGMS - Expense Ratio Comparison

DYNB has a 0.60% expense ratio, which is higher than VGMS's 0.30% expense ratio.

Dividends

DYNB vs. VGMS - Dividend Comparison

DYNB's dividend yield for the trailing twelve months is around 2.64%, less than VGMS's 5.15% yield.

Position	TTM	2025
DYNB Hartford Dynamic Bond ETF	2.64%	1.03%
VGMS Vanguard Multi-Sector Income Bond ETF	5.15%	2.94%

Frequently Asked Questions

Can I hold both DYNB and VGMS in my portfolio?

DYNB and VGMS have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DYNB or VGMS?

On fees, VGMS is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DYNB or VGMS?

VGMS is cheaper with a 0.30% expense ratio, compared with 0.60% for DYNB.

Which ETF pays a higher dividend yield, DYNB or VGMS?

VGMS has the higher dividend yield at 5.15%, compared with 2.64% for DYNB.

What is the main difference between DYNB and VGMS?

They also come from different issuers: Hartford Funds and Vanguard. Their fees differ too: 0.60% for DYNB and 0.30% for VGMS.