NFLT vs. LQDH
Compare and contrast key facts about Virtus Newfleet Multi-Sector Bond ETF (NFLT) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH).
NFLT and LQDH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NFLT is an actively managed fund by Virtus Investment Partners. It was launched on Aug 11, 2015. LQDH is an actively managed fund by iShares. It was launched on May 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NFLT or LQDH.
Correlation
The correlation between NFLT and LQDH is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NFLT vs. LQDH - Performance Comparison
Key characteristics
NFLT:
1.56
LQDH:
2.68
NFLT:
2.25
LQDH:
3.95
NFLT:
1.27
LQDH:
1.55
NFLT:
2.57
LQDH:
4.09
NFLT:
9.24
LQDH:
20.45
NFLT:
0.72%
LQDH:
0.36%
NFLT:
4.26%
LQDH:
2.77%
NFLT:
-15.17%
LQDH:
-24.63%
NFLT:
-1.18%
LQDH:
-0.43%
Returns By Period
In the year-to-date period, NFLT achieves a 6.21% return, which is significantly lower than LQDH's 7.22% return.
NFLT
6.21%
0.49%
3.35%
6.31%
2.80%
N/A
LQDH
7.22%
0.53%
3.81%
7.38%
4.02%
3.64%
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NFLT vs. LQDH - Expense Ratio Comparison
NFLT has a 0.50% expense ratio, which is higher than LQDH's 0.25% expense ratio.
Risk-Adjusted Performance
NFLT vs. LQDH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). 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.
Dividends
NFLT vs. LQDH - Dividend Comparison
NFLT's dividend yield for the trailing twelve months is around 5.71%, less than LQDH's 7.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NFLT Virtus Newfleet Multi-Sector Bond ETF | 5.71% | 6.02% | 4.16% | 3.40% | 3.64% | 4.33% | 4.81% | 6.22% | 5.28% | 0.67% | 0.00% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 7.76% | 7.69% | 3.73% | 1.64% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% | 2.19% |
Drawdowns
NFLT vs. LQDH - Drawdown Comparison
The maximum NFLT drawdown since its inception was -15.17%, smaller than the maximum LQDH drawdown of -24.63%. Use the drawdown chart below to compare losses from any high point for NFLT and LQDH. For additional features, visit the drawdowns tool.
Volatility
NFLT vs. LQDH - Volatility Comparison
Virtus Newfleet Multi-Sector Bond ETF (NFLT) has a higher volatility of 1.30% compared to iShares Interest Rate Hedged Corporate Bond ETF (LQDH) at 0.62%. This indicates that NFLT's price experiences larger fluctuations and is considered to be riskier than LQDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.