HTRB vs. NFLT
HTRB (Hartford Total Return Bond ETF) and NFLT (Virtus Newfleet Multi-Sector Bond ETF) are both exchange-traded funds - HTRB is a Intermediate Core-Plus Bond fund actively managed by Hartford, while NFLT is a Multisector Bonds fund actively managed by Virtus. Both are actively managed. Over the past 5 years, HTRB returned -0.13%/yr vs 2.99%/yr for NFLT. Their 0.50 correlation means they have sometimes moved together and sometimes differently. HTRB charges 0.29%/yr vs 0.50%/yr for NFLT.
Performance
HTRB vs. NFLT - Performance Comparison
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Returns By Period
In the year-to-date period, HTRB achieves a -0.63% return, which is significantly lower than NFLT's 1.48% return.
HTRB
- 1D
- -0.32%
- 1M
- -1.39%
- 6M
- -0.94%
- YTD
- -0.63%
- 1Y
- 2.16%
- 3Y*
- 4.49%
- 5Y*
- -0.13%
- 10Y*
- —
- ALL TIME*
- 2.04%
NFLT
- 1D
- 0.00%
- 1M
- -0.58%
- 6M
- 0.73%
- YTD
- 1.48%
- 1Y
- 4.92%
- 3Y*
- 6.96%
- 5Y*
- 2.99%
- 10Y*
- 3.83%
- ALL TIME*
- 4.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.66M | $5.95M | $7.92M | |
| $2.33M | $1.94M | $2.09M |
HTRB vs. NFLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HTRB Hartford Total Return Bond ETF | -0.63% | 7.38% | 2.35% | 7.15% | -14.36% | -0.80% | 8.87% | 10.39% | -0.88% | 0.97% |
NFLT Virtus Newfleet Multi-Sector Bond ETF | 1.48% | 8.77% | 6.05% | 9.16% | -9.49% | 1.18% | 8.02% | 10.13% | -2.68% | 1.12% |
Correlation
The correlation between HTRB and NFLT is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2017 | 0.50 |
The correlation between HTRB and NFLT shifts across timeframes, from 0.50 (all time) to 0.64 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
HTRB vs. NFLT — Risk / Return Rank
HTRB
NFLT
HTRB vs. NFLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hartford Total Return Bond ETF (HTRB) and Virtus Newfleet Multi-Sector Bond ETF (NFLT). 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.
| HTRB | NFLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.24 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 2.22 | -1.14 |
| Martin ratioReturn relative to average drawdown | 2.71 | 9.06 | -6.35 |
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Drawdowns
HTRB vs. NFLT - Drawdown Comparison
The maximum HTRB drawdown since its inception was -19.48%, which is greater than NFLT's maximum drawdown of -15.17%. Use the drawdown chart below to compare losses from any high point for HTRB and NFLT.
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Drawdown Indicators
| HTRB | NFLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.48% | -15.17% | -4.31% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -2.42% | -0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -5.29% | -3.15% | -2.14% |
Max Drawdown (5Y)Largest decline over 5 years | -19.48% | -13.42% | -6.06% |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.17% | — |
Current DrawdownCurrent decline from peak | -2.42% | -0.92% | -1.50% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -2.08% | -2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 0.59% | +0.53% |
Volatility
HTRB vs. NFLT - Volatility Comparison
Hartford Total Return Bond ETF (HTRB) has a higher volatility of 1.15% compared to Virtus Newfleet Multi-Sector Bond ETF (NFLT) at 0.97%. This indicates that HTRB's price experiences larger fluctuations and is considered to be riskier than NFLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HTRB | NFLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 0.97% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.03% | 3.19% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 4.06% | -0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.12% | 4.49% | +1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.54% | 4.92% | +0.62% |
HTRB vs. NFLT - Expense Ratio Comparison
HTRB has a 0.29% expense ratio, which is lower than NFLT's 0.50% expense ratio.
Dividends
HTRB vs. NFLT - Dividend Comparison
HTRB's dividend yield for the trailing twelve months is around 4.75%, less than NFLT's 5.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTRB Hartford Total Return Bond ETF | 4.75% | 4.66% | 4.45% | 3.87% | 3.08% | 4.22% | 4.79% | 6.30% | 2.37% | 0.96% | 0.00% | 0.00% |
NFLT Virtus Newfleet Multi-Sector Bond ETF | 5.48% | 5.74% | 5.76% | 6.02% | 4.16% | 3.41% | 3.63% | 4.33% | 4.81% | 6.23% | 5.30% | 0.67% |
Frequently Asked Questions
HTRB and NFLT have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HTRB has higher volatility (1.15%) compared to NFLT (0.97%). In terms of maximum drawdown, HTRB dropped -19.48% vs NFLT's -15.17%.
On 5-year performance, NFLT leads with 2.99% vs -0.13% for HTRB. On fees, HTRB is cheaper at 0.29% per year. On volatility, NFLT has been the lower-risk option at 0.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NFLT has performed better with a 2.99% return vs -0.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HTRB is cheaper with a 0.29% expense ratio, compared with 0.50% for NFLT.
NFLT has the higher dividend yield at 5.48%, compared with 4.75% for HTRB.
HTRB is categorized as Intermediate Core-Plus Bond, while NFLT is Multisector Bonds. They also come from different issuers: Hartford and Virtus. Their fees differ too: 0.29% for HTRB and 0.50% for NFLT.
NFLT currently has the higher Sharpe Ratio (1.32 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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