NFLT vs. VSHY
Compare and contrast key facts about Virtus Newfleet Multi-Sector Bond ETF (NFLT) and Virtus Newfleet Short Duration High Yield Bond ETF (VSHY).
NFLT and VSHY 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. It was launched on Aug 10, 2015. VSHY is an actively managed fund by Virtus. It was launched on Dec 5, 2016.
Performance
NFLT vs. VSHY - Performance Comparison
Loading graphics...
NFLT vs. VSHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NFLT Virtus Newfleet Multi-Sector Bond ETF | -0.18% | 8.77% | 6.05% | 3.56% |
VSHY Virtus Newfleet Short Duration High Yield Bond ETF | -0.10% | 6.87% | 8.03% | 3.76% |
Returns By Period
In the year-to-date period, NFLT achieves a -0.18% return, which is significantly lower than VSHY's -0.10% return.
NFLT
- 1D
- 0.44%
- 1M
- -1.60%
- YTD
- -0.18%
- 6M
- 1.38%
- 1Y
- 6.64%
- 3Y*
- 6.97%
- 5Y*
- 3.17%
- 10Y*
- 4.13%
VSHY
- 1D
- 0.37%
- 1M
- -1.06%
- YTD
- -0.10%
- 6M
- 0.99%
- 1Y
- 6.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NFLT vs. VSHY - Expense Ratio Comparison
NFLT has a 0.50% expense ratio, which is higher than VSHY's 0.40% expense ratio.
Return for Risk
NFLT vs. VSHY — Risk / Return Rank
NFLT
VSHY
NFLT vs. VSHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and Virtus Newfleet Short Duration High Yield Bond ETF (VSHY). 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 | VSHY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.24 | +0.12 |
Sortino ratioReturn per unit of downside risk | 1.91 | 1.83 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.29 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.67 | 1.53 | +1.14 |
Martin ratioReturn relative to average drawdown | 10.69 | 8.37 | +2.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NFLT | VSHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.24 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 1.82 | -1.00 |
Correlation
The correlation between NFLT and VSHY is 0.40, 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.
Dividends
NFLT vs. VSHY - Dividend Comparison
NFLT's dividend yield for the trailing twelve months is around 5.66%, less than VSHY's 6.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFLT Virtus Newfleet Multi-Sector Bond ETF | 5.66% | 5.74% | 5.76% | 6.02% | 4.16% | 3.41% | 3.63% | 4.33% | 4.81% | 6.23% | 5.30% | 0.67% |
VSHY Virtus Newfleet Short Duration High Yield Bond ETF | 6.56% | 6.14% | 6.81% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NFLT vs. VSHY - Drawdown Comparison
The maximum NFLT drawdown since its inception was -15.17%, which is greater than VSHY's maximum drawdown of -4.55%. Use the drawdown chart below to compare losses from any high point for NFLT and VSHY.
Loading graphics...
Drawdown Indicators
| NFLT | VSHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.17% | -4.55% | -10.62% |
Max Drawdown (1Y)Largest decline over 1 year | -2.52% | -3.94% | +1.42% |
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 | -1.68% | -1.22% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -2.13% | -0.42% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 0.72% | -0.09% |
Volatility
NFLT vs. VSHY - Volatility Comparison
Virtus Newfleet Multi-Sector Bond ETF (NFLT) has a higher volatility of 2.03% compared to Virtus Newfleet Short Duration High Yield Bond ETF (VSHY) at 1.75%. This indicates that NFLT's price experiences larger fluctuations and is considered to be riskier than VSHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NFLT | VSHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.03% | 1.75% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 3.00% | 2.48% | +0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.92% | 4.88% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.42% | 4.42% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | 4.42% | +0.51% |