NFLT vs. ABI
NFLT (Virtus Newfleet Multi-Sector Bond ETF) and ABI (VictoryShares Pioneer Asset-Based Income ETF) are both Multisector Bonds funds. At a 0.11 correlation, their price movements are largely independent. NFLT charges 0.50%/yr vs 0.65%/yr for ABI.
Performance
NFLT vs. ABI - Performance Comparison
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Returns By Period
In the year-to-date period, NFLT achieves a 1.50% return, which is significantly lower than ABI's 2.61% return.
NFLT
- 1D
- -0.16%
- 1M
- 0.47%
- YTD
- 1.50%
- 6M
- 1.58%
- 1Y
- 7.11%
- 3Y*
- 7.38%
- 5Y*
- 3.15%
- 10Y*
- 4.13%
ABI
- 1D
- -0.04%
- 1M
- 0.75%
- YTD
- 2.61%
- 6M
- 3.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFLT vs. ABI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NFLT Virtus Newfleet Multi-Sector Bond ETF | 1.50% | 4.47% |
ABI VictoryShares Pioneer Asset-Based Income ETF | 2.61% | 2.05% |
Correlation
The correlation between NFLT and ABI is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.11 |
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Return for Risk
NFLT vs. ABI — Risk / Return Rank
NFLT
ABI
NFLT vs. ABI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and VictoryShares Pioneer Asset-Based Income ETF (ABI). 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.
| NFLT | ABI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.33 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | — | — |
| Martin ratioReturn relative to average drawdown | 13.00 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NFLT | ABI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 3.98 | -3.14 |
Drawdowns
NFLT vs. ABI - Drawdown Comparison
The maximum NFLT drawdown since its inception was -15.17%, which is greater than ABI's maximum drawdown of -0.95%. Use the drawdown chart below to compare losses from any high point for NFLT and ABI.
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Drawdown Indicators
| NFLT | ABI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.17% | -0.95% | -14.22% |
Max Drawdown (1Y)Largest decline over 1 year | -2.42% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -15.17% | — | — |
Current DrawdownCurrent decline from peak | -0.33% | -0.04% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -0.19% | -1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | — | — |
Volatility
NFLT vs. ABI - Volatility Comparison
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Volatility by Period
| NFLT | ABI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.01% | 1.28% | +2.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.43% | 1.28% | +3.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 1.28% | +3.65% |
NFLT vs. ABI - Expense Ratio Comparison
NFLT has a 0.50% expense ratio, which is lower than ABI's 0.65% expense ratio.
Dividends
NFLT vs. ABI - Dividend Comparison
NFLT's dividend yield for the trailing twelve months is around 5.50%, more than ABI's 5.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABI VictoryShares Pioneer Asset-Based Income ETF | 5.18% | 3.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NFLT Virtus Newfleet Multi-Sector Bond ETF | 5.50% | 5.74% | 5.76% | 6.02% | 4.16% | 3.41% | 3.63% | 4.33% | 4.81% | 6.23% | 5.30% | 0.67% |
Frequently Asked Questions
NFLT and ABI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NFLT is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NFLT is cheaper with a 0.50% expense ratio, compared with 0.65% for ABI.
NFLT has the higher dividend yield at 5.50%, compared with 5.18% for ABI.
They also come from different issuers: Virtus and VictoryShares. Their fees differ too: 0.50% for NFLT and 0.65% for ABI.
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