LMBS vs. VABS
Compare and contrast key facts about First Trust Low Duration Mortgage Opportunities ETF (LMBS) and Virtus Newfleet ABS/MBS ETF (VABS).
LMBS and VABS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LMBS is an actively managed fund by First Trust. It was launched on Nov 4, 2014. VABS is an actively managed fund by Virtus Investment Partners. It was launched on Feb 9, 2021.
Performance
LMBS vs. VABS - Performance Comparison
Loading graphics...
LMBS vs. VABS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 0.70% | 7.05% | 5.15% | 6.10% | -3.07% | -1.26% |
VABS Virtus Newfleet ABS/MBS ETF | 0.70% | 5.40% | 7.59% | 7.61% | -5.24% | 0.45% |
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with LMBS at 0.70% and VABS at 0.70%.
LMBS
- 1D
- 0.04%
- 1M
- -0.68%
- YTD
- 0.70%
- 6M
- 2.00%
- 1Y
- 5.59%
- 3Y*
- 5.70%
- 5Y*
- 2.96%
- 10Y*
- 2.84%
VABS
- 1D
- -0.05%
- 1M
- -0.39%
- YTD
- 0.70%
- 6M
- 1.62%
- 1Y
- 4.48%
- 3Y*
- 6.26%
- 5Y*
- 3.20%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LMBS vs. VABS - Expense Ratio Comparison
LMBS has a 0.68% expense ratio, which is higher than VABS's 0.39% expense ratio.
Return for Risk
LMBS vs. VABS — Risk / Return Rank
LMBS
VABS
LMBS vs. VABS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Low Duration Mortgage Opportunities ETF (LMBS) and Virtus Newfleet ABS/MBS ETF (VABS). 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.
| LMBS | VABS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.19 | 2.03 | +0.16 |
Sortino ratioReturn per unit of downside risk | 2.92 | 2.80 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.43 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 3.26 | 4.13 | -0.87 |
Martin ratioReturn relative to average drawdown | 13.88 | 10.78 | +3.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LMBS | VABS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 2.03 | +0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.17 | 1.40 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.13 | 1.37 | -0.25 |
Correlation
The correlation between LMBS and VABS is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
LMBS vs. VABS - Dividend Comparison
LMBS's dividend yield for the trailing twelve months is around 4.09%, less than VABS's 5.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.09% | 4.08% | 4.28% | 3.96% | 2.22% | 2.04% | 2.27% | 2.55% | 2.76% | 2.73% | 2.84% | 3.03% |
VABS Virtus Newfleet ABS/MBS ETF | 5.21% | 4.94% | 5.05% | 4.13% | 2.47% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LMBS vs. VABS - Drawdown Comparison
The maximum LMBS drawdown since its inception was -6.49%, smaller than the maximum VABS drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for LMBS and VABS.
Loading graphics...
Drawdown Indicators
| LMBS | VABS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.49% | -7.12% | +0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -1.72% | -1.05% | -0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -6.16% | -7.12% | +0.96% |
Max Drawdown (10Y)Largest decline over 10 years | -6.49% | — | — |
Current DrawdownCurrent decline from peak | -0.87% | -0.63% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -0.81% | -1.46% | +0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | 0.40% | 0.00% |
Volatility
LMBS vs. VABS - Volatility Comparison
First Trust Low Duration Mortgage Opportunities ETF (LMBS) has a higher volatility of 0.88% compared to Virtus Newfleet ABS/MBS ETF (VABS) at 0.61%. This indicates that LMBS's price experiences larger fluctuations and is considered to be riskier than VABS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LMBS | VABS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.88% | 0.61% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 1.37% | 1.13% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.57% | 2.22% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.55% | 2.29% | +0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 2.27% | +0.11% |