MUSI vs. VYM
Compare and contrast key facts about American Century Multisector Income ETF (MUSI) and Vanguard High Dividend Yield ETF (VYM).
MUSI and VYM 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. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MUSI or VYM.
Key characteristics
| MUSI | VYM | |
|---|---|---|
| YTD Return | 6.72% | 15.42% |
| 1Y Return | 12.53% | 21.53% |
| 3Y Return (Ann) | 0.82% | 10.02% |
| Sharpe Ratio | 2.25 | 1.97 |
| Daily Std Dev | 5.61% | 11.00% |
| Max Drawdown | -13.91% | -56.98% |
| Current Drawdown | -0.19% | -0.25% |
Correlation
The correlation between MUSI and VYM is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MUSI vs. VYM - Performance Comparison
In the year-to-date period, MUSI achieves a 6.72% return, which is significantly lower than VYM's 15.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MUSI vs. VYM - Expense Ratio Comparison
MUSI has a 0.36% expense ratio, which is higher than VYM's 0.06% expense ratio.
Risk-Adjusted Performance
MUSI vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Multisector Income ETF (MUSI) and Vanguard High Dividend Yield ETF (VYM). 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. VYM - Dividend Comparison
MUSI's dividend yield for the trailing twelve months is around 5.53%, more than VYM's 2.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUSI American Century Multisector Income ETF | 5.53% | 5.20% | 4.02% | 1.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYM Vanguard High Dividend Yield ETF | 2.19% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
MUSI vs. VYM - Drawdown Comparison
The maximum MUSI drawdown since its inception was -13.91%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for MUSI and VYM. For additional features, visit the drawdowns tool.
Volatility
MUSI vs. VYM - Volatility Comparison
The current volatility for American Century Multisector Income ETF (MUSI) is 1.17%, while Vanguard High Dividend Yield ETF (VYM) has a volatility of 3.27%. This indicates that MUSI experiences smaller price fluctuations and is considered to be less risky than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.