NFLT vs. RDOG
NFLT (Virtus Newfleet Multi-Sector Bond ETF) and RDOG (ALPS REIT Dividend Dogs ETF) are both exchange-traded funds - NFLT is a Multisector Bonds fund actively managed by Virtus, while RDOG is a REIT fund tracking the S-Network REIT Dividend Dogs Index. NFLT is actively managed, while RDOG is passively managed. Over the past 10 years, NFLT returned 4.07%/yr vs 4.51%/yr for RDOG. At a 0.20 correlation, their price movements are largely independent. NFLT charges 0.50%/yr vs 0.35%/yr for RDOG.
Performance
NFLT vs. RDOG - Performance Comparison
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Returns By Period
In the year-to-date period, NFLT achieves a 1.91% return, which is significantly lower than RDOG's 17.80% return. Over the past 10 years, NFLT has underperformed RDOG with an annualized return of 4.07%, while RDOG has yielded a comparatively higher 4.51% annualized return.
NFLT
- 1D
- 0.09%
- 1M
- 0.90%
- YTD
- 1.91%
- 6M
- 1.56%
- 1Y
- 6.69%
- 3Y*
- 7.47%
- 5Y*
- 3.15%
- 10Y*
- 4.07%
RDOG
- 1D
- 0.24%
- 1M
- 2.88%
- YTD
- 17.80%
- 6M
- 18.61%
- 1Y
- 20.85%
- 3Y*
- 13.74%
- 5Y*
- 2.48%
- 10Y*
- 4.51%
NFLT vs. RDOG - 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% | 6.30% |
RDOG ALPS REIT Dividend Dogs ETF | 17.80% | 0.95% | 4.57% | 10.38% | -25.53% | 34.42% | -10.01% | 21.54% | -5.70% | 11.84% |
Correlation
The correlation between NFLT and RDOG is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2015 | 0.20 |
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Return for Risk
NFLT vs. RDOG — Risk / Return Rank
NFLT
RDOG
NFLT vs. RDOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and ALPS REIT Dividend Dogs ETF (RDOG). 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 | RDOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 2.09 | +0.69 |
| Martin ratioReturn relative to average drawdown | 12.05 | 6.77 | +5.28 |
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Drawdowns
NFLT vs. RDOG - Drawdown Comparison
The maximum NFLT drawdown since its inception was -15.17%, smaller than the maximum RDOG drawdown of -67.59%. Use the drawdown chart below to compare losses from any high point for NFLT and RDOG.
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Drawdown Indicators
| NFLT | RDOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.17% | -67.59% | +52.42% |
Max Drawdown (1Y)Largest decline over 1 year | -2.42% | -10.02% | +7.60% |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | -21.40% | +18.16% |
Max Drawdown (5Y)Largest decline over 5 years | -13.42% | -35.52% | +22.10% |
Max Drawdown (10Y)Largest decline over 10 years | -15.17% | -49.35% | +34.18% |
Current DrawdownCurrent decline from peak | -0.49% | -0.84% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -12.22% | +10.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 3.10% | -2.54% |
Volatility
NFLT vs. RDOG - Volatility Comparison
The current volatility for Virtus Newfleet Multi-Sector Bond ETF (NFLT) is 1.55%, while ALPS REIT Dividend Dogs ETF (RDOG) has a volatility of 4.55%. This indicates that NFLT experiences smaller price fluctuations and is considered to be less risky than RDOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NFLT | RDOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 4.55% | -3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 3.14% | 10.99% | -7.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.18% | 14.83% | -10.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.47% | 19.84% | -15.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 23.05% | -18.11% |
NFLT vs. RDOG - Expense Ratio Comparison
NFLT has a 0.50% expense ratio, which is higher than RDOG's 0.35% expense ratio.
Dividends
NFLT vs. RDOG - Dividend Comparison
NFLT's dividend yield for the trailing twelve months is around 5.49%, less than RDOG's 6.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RDOG ALPS REIT Dividend Dogs ETF | 6.20% | 6.91% | 6.11% | 7.07% | 5.25% | 3.11% | 5.12% | 3.10% | 3.13% | 3.64% | 3.66% | 3.43% |
Frequently Asked Questions
NFLT and RDOG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDOG has higher volatility (4.55%) compared to NFLT (1.55%). In terms of maximum drawdown, NFLT dropped -15.17% vs RDOG's -67.59%.
On 10-year performance, RDOG leads with 4.51% vs 4.07% for NFLT. On fees, RDOG is cheaper at 0.35% per year. On volatility, NFLT has been the lower-risk option at 1.55%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, RDOG has performed better with a 4.51% return vs 4.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RDOG is cheaper with a 0.35% expense ratio, compared with 0.50% for NFLT.
RDOG has the higher dividend yield at 6.20%, compared with 5.49% for NFLT.
NFLT is categorized as Multisector Bonds, while RDOG is REIT. They also come from different issuers: Virtus and SS&C. Their fees differ too: 0.50% for NFLT and 0.35% for RDOG.
NFLT currently has the higher Sharpe Ratio (1.61 vs 1.41), 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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