Correlation
The correlation between NAMFX and MUNI is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
NAMFX vs. MUNI
Compare and contrast key facts about Virtus Newfleet Multi-Sector Intermediate Bond Fund (NAMFX) and PIMCO Intermediate Municipal Bond Active ETF (MUNI).
NAMFX is managed by Virtus. It was launched on Dec 14, 1989. MUNI is an actively managed fund by PIMCO. It was launched on Nov 30, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAMFX or MUNI.
Performance
NAMFX vs. MUNI - Performance Comparison
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Key characteristics
NAMFX:
1.96
MUNI:
0.54
NAMFX:
2.83
MUNI:
0.63
NAMFX:
1.37
MUNI:
1.10
NAMFX:
2.06
MUNI:
0.54
NAMFX:
6.90
MUNI:
1.55
NAMFX:
0.94%
MUNI:
1.28%
NAMFX:
3.52%
MUNI:
4.42%
NAMFX:
-26.56%
MUNI:
-11.15%
NAMFX:
-0.37%
MUNI:
-2.12%
Returns By Period
In the year-to-date period, NAMFX achieves a 1.63% return, which is significantly higher than MUNI's -0.34% return. Over the past 10 years, NAMFX has outperformed MUNI with an annualized return of 3.19%, while MUNI has yielded a comparatively lower 2.14% annualized return.
NAMFX
1.63%
0.71%
1.65%
6.84%
4.49%
3.37%
3.19%
MUNI
-0.34%
-0.04%
-1.27%
2.36%
2.53%
1.00%
2.14%
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NAMFX vs. MUNI - Expense Ratio Comparison
NAMFX has a 1.00% expense ratio, which is higher than MUNI's 0.35% expense ratio.
Risk-Adjusted Performance
NAMFX vs. MUNI — Risk-Adjusted Performance Rank
NAMFX
MUNI
NAMFX vs. MUNI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Intermediate Bond Fund (NAMFX) and PIMCO Intermediate Municipal Bond Active ETF (MUNI). 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.
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Dividends
NAMFX vs. MUNI - Dividend Comparison
NAMFX's dividend yield for the trailing twelve months is around 6.10%, more than MUNI's 3.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAMFX Virtus Newfleet Multi-Sector Intermediate Bond Fund | 6.10% | 6.12% | 4.96% | 4.50% | 3.46% | 3.52% | 4.13% | 4.52% | 4.29% | 4.23% | 4.74% | 6.28% |
MUNI PIMCO Intermediate Municipal Bond Active ETF | 3.45% | 3.50% | 3.63% | 2.13% | 1.62% | 1.92% | 2.44% | 2.57% | 2.37% | 2.37% | 2.20% | 1.91% |
Drawdowns
NAMFX vs. MUNI - Drawdown Comparison
The maximum NAMFX drawdown since its inception was -26.56%, which is greater than MUNI's maximum drawdown of -11.15%. Use the drawdown chart below to compare losses from any high point for NAMFX and MUNI.
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Volatility
NAMFX vs. MUNI - Volatility Comparison
The current volatility for Virtus Newfleet Multi-Sector Intermediate Bond Fund (NAMFX) is 0.73%, while PIMCO Intermediate Municipal Bond Active ETF (MUNI) has a volatility of 0.86%. This indicates that NAMFX experiences smaller price fluctuations and is considered to be less risky than MUNI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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