NFLT vs. BLUI

Last updated Jun 24, 2026

NFLT (Virtus Newfleet Multi-Sector Bond ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. Over the past year, NFLT returned 7.05% vs 7.60% for BLUI. At a 0.45 correlation, their price movements are largely independent. NFLT charges 0.50%/yr vs 0.75%/yr for BLUI.

Performance

NFLT vs. BLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Newfleet Multi-Sector Bond ETF (NFLT) and Bluemonte Diversified Income ETF (BLUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NFLT achieves a 1.82% return, which is significantly lower than BLUI's 3.65% return.

NFLT

• 1D: -0.09%
• 1M: 0.81%
• YTD: 1.82%
• 6M: 1.75%
• 1Y: 7.05%
• 3Y*: 7.44%
• 5Y*: 3.14%
• 10Y*: 4.06%

BLUI

• 1D: 0.34%
• 1M: 0.03%
• YTD: 3.65%
• 6M: 3.78%
• 1Y: 7.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NFLT vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
NFLT Virtus Newfleet Multi-Sector Bond ETF	1.82%	5.02%
BLUI Bluemonte Diversified Income ETF	3.65%	3.60%

Correlation

The correlation between NFLT and BLUI is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.45

Return for Risk

NFLT vs. BLUI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFLT

NFLT Risk / Return Rank: 60
NFLT Sharpe Ratio Rank: 53
NFLT Sortino Ratio Rank: 56
NFLT Omega Ratio Rank: 54
NFLT Calmar Ratio Rank: 63
NFLT Martin Ratio Rank: 72

BLUI

BLUI Risk / Return Rank: 71
BLUI Sharpe Ratio Rank: 66
BLUI Sortino Ratio Rank: 70
BLUI Omega Ratio Rank: 72
BLUI Calmar Ratio Rank: 69
BLUI Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NFLT vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and Bluemonte Diversified Income ETF (BLUI). 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.

	NFLT	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	1.69	1.96	-0.26
Sortino ratio: Return per unit of downside risk	2.50	2.88	-0.38
Omega ratio: Gain probability vs. loss probability	1.32	1.38	-0.07
Calmar ratio: Return relative to maximum drawdown	2.93	3.14	-0.21
Martin ratio: Return relative to average drawdown	12.71	13.68	-0.97

NFLT vs. BLUI - Sharpe Ratio Comparison

The current NFLT Sharpe Ratio is 1.69, which is comparable to the BLUI Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of NFLT and BLUI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NFLT vs. BLUI - Drawdown Comparison

The maximum NFLT drawdown since its inception was -15.17%, which is greater than BLUI's maximum drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for NFLT and BLUI.

Drawdown Indicators

	NFLT	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-15.17%	-2.43%	-12.74%
Max Drawdown (1Y) Largest decline over 1 year	-2.42%	-2.43%	+0.01%
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 Drawdown Current decline from peak	-0.58%	-0.13%	-0.45%
Average Drawdown Average peak-to-trough decline	-2.09%	-0.36%	-1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.56%	0.56%	0.00%

Volatility

NFLT vs. BLUI - Volatility Comparison

Virtus Newfleet Multi-Sector Bond ETF (NFLT) has a higher volatility of 1.56% compared to Bluemonte Diversified Income ETF (BLUI) at 1.07%. This indicates that NFLT's price experiences larger fluctuations and is considered to be riskier than BLUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFLT	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.56%	1.07%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	3.14%	3.08%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	4.19%	3.91%	+0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.47%	3.91%	+0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.94%	3.91%	+1.03%

NFLT vs. BLUI - Expense Ratio Comparison

NFLT has a 0.50% expense ratio, which is lower than BLUI's 0.75% expense ratio.

Dividends

NFLT vs. BLUI - Dividend Comparison

NFLT's dividend yield for the trailing twelve months is around 5.49%, more than BLUI's 4.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLUI Bluemonte Diversified Income ETF	4.70%	2.91%	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	5.49%	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

Can I hold both NFLT and BLUI in my portfolio?

NFLT and BLUI have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NFLT or BLUI?

NFLT has higher volatility (1.56%) compared to BLUI (1.07%). In terms of maximum drawdown, NFLT dropped -15.17% vs BLUI's -2.43%.

Which ETF is better, NFLT or BLUI?

On 1-year performance, BLUI leads with 7.60% vs 7.05% for NFLT. On fees, NFLT is cheaper at 0.50% per year. On volatility, BLUI has been the lower-risk option at 1.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NFLT or BLUI?

Over the 1-year period, BLUI has performed better with a 7.60% return vs 7.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NFLT or BLUI?

NFLT is cheaper with a 0.50% expense ratio, compared with 0.75% for BLUI.

Which ETF pays a higher dividend yield, NFLT or BLUI?

NFLT has the higher dividend yield at 5.49%, compared with 4.70% for BLUI.

What is the main difference between NFLT and BLUI?

They also come from different issuers: Virtus and Bluemonte. Their fees differ too: 0.50% for NFLT and 0.75% for BLUI.

Which has better risk-adjusted returns?

BLUI currently has the higher Sharpe Ratio (1.96 vs 1.69), 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.