NBFC vs. VGMS
NBFC (Flexible Credit Income ETF) and VGMS (Vanguard Multi-Sector Income Bond ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, NBFC returned 4.93% vs 4.87% for VGMS. Their 0.78 correlation means they have sometimes moved together and sometimes differently. NBFC charges 0.40%/yr vs 0.30%/yr for VGMS.
Performance
NBFC vs. VGMS - Performance Comparison
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Returns By Period
In the year-to-date period, NBFC achieves a 1.39% return, which is significantly higher than VGMS's 1.17% return.
NBFC
- 1D
- 0.07%
- 1M
- -0.52%
- 6M
- 0.65%
- YTD
- 1.39%
- 1Y
- 4.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 7.47%
VGMS
- 1D
- 0.01%
- 1M
- -0.55%
- 6M
- 0.55%
- YTD
- 1.17%
- 1Y
- 4.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.03K | $56.02K | $43.83K | |
| $2.48M | $2.33M | $2.03M |
NBFC vs. VGMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBFC Flexible Credit Income ETF | 1.39% | 6.27% |
VGMS Vanguard Multi-Sector Income Bond ETF | 1.17% | 5.51% |
Correlation
The correlation between NBFC and VGMS is 0.78, 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. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2025 | 0.78 |
The correlation between NBFC and VGMS has been stable across timeframes, ranging from 0.78 to 0.78 - a consistent structural relationship.
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Return for Risk
NBFC vs. VGMS — Risk / Return Rank
NBFC
VGMS
NBFC vs. VGMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flexible Credit Income ETF (NBFC) and Vanguard Multi-Sector Income Bond ETF (VGMS). 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.
| NBFC | VGMS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.10 | -0.13 |
| Martin ratioReturn relative to average drawdown | 8.16 | 9.26 | -1.10 |
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Drawdowns
NBFC vs. VGMS - Drawdown Comparison
The maximum NBFC drawdown since its inception was -3.99%, which is greater than VGMS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for NBFC and VGMS.
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Drawdown Indicators
| NBFC | VGMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.99% | -2.46% | -1.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -2.46% | -0.31% |
Current DrawdownCurrent decline from peak | -0.66% | -0.71% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -0.43% | -0.31% | -0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 0.56% | +0.11% |
Volatility
NBFC vs. VGMS - Volatility Comparison
Flexible Credit Income ETF (NBFC) and Vanguard Multi-Sector Income Bond ETF (VGMS) have volatilities of 0.73% and 0.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NBFC | VGMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.73% | 0.74% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.56% | 2.70% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.22% | 3.24% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.56% | 3.17% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.56% | 3.17% | +0.39% |
NBFC vs. VGMS - Expense Ratio Comparison
NBFC has a 0.40% expense ratio, which is higher than VGMS's 0.30% expense ratio.
Dividends
NBFC vs. VGMS - Dividend Comparison
NBFC's dividend yield for the trailing twelve months is around 7.27%, more than VGMS's 5.40% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NBFC Flexible Credit Income ETF | 7.27% | 7.71% | 3.95% |
VGMS Vanguard Multi-Sector Income Bond ETF | 4.96% | 2.94% | 0.00% |
Frequently Asked Questions
NBFC and VGMS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VGMS has higher volatility (0.74%) compared to NBFC (0.73%). In terms of maximum drawdown, NBFC dropped -3.99% vs VGMS's -2.46%.
On 1-year performance, NBFC leads with 4.93% vs 4.87% for VGMS. On fees, VGMS is cheaper at 0.30% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NBFC has performed better with a 4.93% return vs 4.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGMS is cheaper with a 0.30% expense ratio, compared with 0.40% for NBFC.
NBFC has the higher dividend yield at 7.27%, compared with 4.96% for VGMS.
They also come from different issuers: Neuberger and Vanguard. Their fees differ too: 0.40% for NBFC and 0.30% for VGMS.
NBFC currently has the higher Sharpe Ratio (1.70 vs 1.60), 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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