MUSI vs. KORP
Compare and contrast key facts about American Century Multisector Income ETF (MUSI) and American Century Diversified Corporate Bond ETF (KORP).
MUSI and KORP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MUSI is an actively managed fund by American Century. It was launched on Jun 29, 2021. KORP is an actively managed fund by American Century Investments. It was launched on Jan 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MUSI or KORP.
Correlation
The correlation between MUSI and KORP is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MUSI vs. KORP - Performance Comparison
Key characteristics
MUSI:
0.99
KORP:
0.50
MUSI:
1.42
KORP:
0.75
MUSI:
1.18
KORP:
1.09
MUSI:
0.82
KORP:
0.39
MUSI:
4.16
KORP:
1.58
MUSI:
1.13%
KORP:
1.73%
MUSI:
4.71%
KORP:
5.43%
MUSI:
-13.91%
KORP:
-14.90%
MUSI:
-2.02%
KORP:
-4.85%
Returns By Period
In the year-to-date period, MUSI achieves a -0.37% return, which is significantly higher than KORP's -1.28% return.
MUSI
-0.37%
-0.99%
1.75%
4.28%
N/A
N/A
KORP
-1.28%
-2.36%
-0.44%
2.48%
0.96%
N/A
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MUSI vs. KORP - Expense Ratio Comparison
MUSI has a 0.36% expense ratio, which is higher than KORP's 0.29% expense ratio.
Risk-Adjusted Performance
MUSI vs. KORP — Risk-Adjusted Performance Rank
MUSI
KORP
MUSI vs. KORP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Multisector Income ETF (MUSI) and American Century Diversified Corporate Bond ETF (KORP). 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.
Dividends
MUSI vs. KORP - Dividend Comparison
MUSI's dividend yield for the trailing twelve months is around 6.03%, more than KORP's 5.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
MUSI American Century Multisector Income ETF | 6.03% | 6.01% | 5.20% | 4.02% | 1.63% | 0.00% | 0.00% | 0.00% |
KORP American Century Diversified Corporate Bond ETF | 5.15% | 5.09% | 4.43% | 2.89% | 1.86% | 3.22% | 3.19% | 3.26% |
Drawdowns
MUSI vs. KORP - Drawdown Comparison
The maximum MUSI drawdown since its inception was -13.91%, smaller than the maximum KORP drawdown of -14.90%. Use the drawdown chart below to compare losses from any high point for MUSI and KORP. For additional features, visit the drawdowns tool.
Volatility
MUSI vs. KORP - Volatility Comparison
The current volatility for American Century Multisector Income ETF (MUSI) is 1.16%, while American Century Diversified Corporate Bond ETF (KORP) has a volatility of 1.56%. This indicates that MUSI experiences smaller price fluctuations and is considered to be less risky than KORP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.