QPFF vs. MUSI

Last updated Jun 5, 2026

QPFF (American Century Quality Preferred ETF) and MUSI (American Century Multisector Income ETF) are both exchange-traded funds - QPFF is a Preferred Stock/Convertible Bonds fund actively managed by American Century, while MUSI is a Multisector Bonds fund actively managed by American Century. Both are actively managed. QPFF charges 0.33%/yr vs 0.36%/yr for MUSI.

Performance

QPFF vs. MUSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Preferred ETF (QPFF) and American Century Multisector Income ETF (MUSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QPFF

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MUSI

• 1D: 0.16%
• 1M: 0.28%
• YTD: 0.76%
• 6M: 1.01%
• 1Y: 5.62%
• 3Y*: 6.36%
• 5Y*: —
• 10Y*: —

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

QPFF vs. MUSI - Yearly Performance Comparison

	2026 (YTD)
QPFF American Century Quality Preferred ETF	0.00%
MUSI American Century Multisector Income ETF	0.00%

QPFF vs. MUSI - Sectors Allocation Comparison

Sectors	QPFF	MUSI
Financial Services	51.6%	-
Utilities	5.5%	77.9%
Real Estate	4.1%	-
Communication Services	3.6%	-
Consumer Cyclical	2.1%	-
Industrials	1.2%	-
Basic Materials	0.3%	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	22.1%
Technology	-	-

Return for Risk

QPFF vs. MUSI — Risk / Return Rank

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

MUSI

MUSI Risk / Return Rank: 49
MUSI Sharpe Ratio Rank: 50
MUSI Sortino Ratio Rank: 54
MUSI Omega Ratio Rank: 51
MUSI Calmar Ratio Rank: 42
MUSI Martin Ratio Rank: 46

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.

QPFF vs. MUSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Preferred ETF (QPFF) and American Century Multisector Income ETF (MUSI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	QPFF	MUSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.45	—

Drawdowns

QPFF vs. MUSI - Drawdown Comparison

The maximum QPFF drawdown since its inception was 0.00%, smaller than the maximum MUSI drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for QPFF and MUSI.

Drawdown Indicators

	QPFF	MUSI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-13.91%	+13.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.78%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.16%	—
Current Drawdown Current decline from peak	0.00%	-0.98%	+0.98%
Average Drawdown Average peak-to-trough decline	0.00%	-4.22%	+4.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.78%	—

Volatility

Volatility by Period

	QPFF	MUSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.60%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.34%	-3.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	4.84%	-4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	4.84%	-4.84%

QPFF vs. MUSI - Expense Ratio Comparison

QPFF has a 0.33% expense ratio, which is lower than MUSI's 0.36% expense ratio.

Dividends

QPFF vs. MUSI - Dividend Comparison

QPFF has not paid dividends to shareholders, while MUSI's dividend yield for the trailing twelve months is around 5.53%.

Position	TTM	2025	2024	2023	2022	2021
MUSI American Century Multisector Income ETF	5.53%	5.74%	6.00%	5.20%	4.02%	1.62%
QPFF American Century Quality Preferred ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QPFF or MUSI?

On fees, QPFF is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QPFF or MUSI?

QPFF is cheaper with a 0.33% expense ratio, compared with 0.36% for MUSI.

Which ETF pays a higher dividend yield, QPFF or MUSI?

MUSI has the higher dividend yield at 5.53%, compared with 0.00% for QPFF.

What is the main difference between QPFF and MUSI?

QPFF is categorized as Preferred Stock/Convertible Bonds, while MUSI is Multisector Bonds. Their fees differ too: 0.33% for QPFF and 0.36% for MUSI.