NFLT vs. HTRB
NFLT (Virtus Newfleet Multi-Sector Bond ETF) and HTRB (Hartford Total Return Bond ETF) are both exchange-traded funds - NFLT is a Multisector Bonds fund actively managed by Virtus, while HTRB is a Intermediate Core-Plus Bond fund actively managed by Hartford. Both are actively managed. Over the past 5 years, NFLT returned 3.14%/yr vs 0.34%/yr for HTRB. A 0.50 correlation means they provide meaningful diversification when combined. NFLT charges 0.50%/yr vs 0.29%/yr for HTRB.
Performance
NFLT vs. HTRB - Performance Comparison
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Returns By Period
In the year-to-date period, NFLT achieves a 1.91% return, which is significantly higher than HTRB's 0.41% return.
NFLT
- 1D
- 0.02%
- 1M
- 0.90%
- YTD
- 1.91%
- 6M
- 1.87%
- 1Y
- 7.02%
- 3Y*
- 7.47%
- 5Y*
- 3.14%
- 10Y*
- 4.07%
HTRB
- 1D
- -0.24%
- 1M
- 0.67%
- YTD
- 0.41%
- 6M
- 0.54%
- 1Y
- 4.99%
- 3Y*
- 4.61%
- 5Y*
- 0.34%
- 10Y*
- —
NFLT vs. HTRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NFLT Virtus Newfleet Multi-Sector Bond ETF | 1.91% | 8.77% | 6.05% | 9.16% | -9.49% | 1.18% | 8.02% | 10.13% | -2.68% | 1.12% |
HTRB Hartford Total Return Bond ETF | 0.41% | 7.38% | 2.35% | 7.15% | -14.36% | -0.80% | 8.87% | 10.39% | -0.88% | 0.97% |
Correlation
The correlation between NFLT and HTRB is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2017 | 0.50 |
The correlation between NFLT and HTRB shifts across timeframes, from 0.50 (all time) to 0.63 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
NFLT vs. HTRB — Risk / Return Rank
NFLT
HTRB
NFLT vs. HTRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and Hartford Total Return Bond ETF (HTRB). 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 | HTRB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.23 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | 1.78 | +1.14 |
| Martin ratioReturn relative to average drawdown | 12.69 | 5.00 | +7.69 |
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Drawdowns
NFLT vs. HTRB - Drawdown Comparison
The maximum NFLT drawdown since its inception was -15.17%, smaller than the maximum HTRB drawdown of -19.48%. Use the drawdown chart below to compare losses from any high point for NFLT and HTRB.
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Drawdown Indicators
| NFLT | HTRB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.17% | -19.48% | +4.31% |
Max Drawdown (1Y)Largest decline over 1 year | -2.42% | -2.82% | +0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | -6.52% | +3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -13.42% | -19.48% | +6.06% |
Max Drawdown (10Y)Largest decline over 10 years | -15.17% | — | — |
Current DrawdownCurrent decline from peak | -0.49% | -1.40% | +0.91% |
Average DrawdownAverage peak-to-trough decline | -2.10% | -4.79% | +2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 1.00% | -0.45% |
Volatility
NFLT vs. HTRB - Volatility Comparison
Virtus Newfleet Multi-Sector Bond ETF (NFLT) has a higher volatility of 1.57% compared to Hartford Total Return Bond ETF (HTRB) at 1.05%. This indicates that NFLT's price experiences larger fluctuations and is considered to be riskier than HTRB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFLT | HTRB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.05% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 3.14% | 2.81% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.19% | 3.78% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.47% | 6.12% | -1.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 5.56% | -0.62% |
NFLT vs. HTRB - Expense Ratio Comparison
NFLT has a 0.50% expense ratio, which is higher than HTRB's 0.29% expense ratio.
Dividends
NFLT vs. HTRB - Dividend Comparison
NFLT's dividend yield for the trailing twelve months is around 5.49%, more than HTRB's 4.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTRB Hartford Total Return Bond ETF | 4.63% | 4.66% | 4.45% | 3.87% | 3.08% | 4.22% | 4.79% | 6.30% | 2.37% | 0.96% | 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
NFLT and HTRB have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFLT has higher volatility (1.57%) compared to HTRB (1.05%). In terms of maximum drawdown, NFLT dropped -15.17% vs HTRB's -19.48%.
On 5-year performance, NFLT leads with 3.14% vs 0.34% for HTRB. On fees, HTRB is cheaper at 0.29% per year. On volatility, HTRB has been the lower-risk option at 1.05%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NFLT has performed better with a 3.14% return vs 0.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HTRB is cheaper with a 0.29% expense ratio, compared with 0.50% for NFLT.
NFLT has the higher dividend yield at 5.49%, compared with 4.63% for HTRB.
NFLT is categorized as Multisector Bonds, while HTRB is Intermediate Core-Plus Bond. They also come from different issuers: Virtus and Hartford. Their fees differ too: 0.50% for NFLT and 0.29% for HTRB.
NFLT currently has the higher Sharpe Ratio (1.69 vs 1.33), 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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