SCMC vs. TMB

Last updated Jun 5, 2026

SCMC (Sterling Capital Multi-Strategy Income ETF) and TMB (Thornburg Multi Sector Bond ETF) are both Multisector Bonds funds. Both are actively managed. A 0.57 correlation means they provide meaningful diversification when combined. Both charge a 0.55% expense ratio.

Performance

SCMC vs. TMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Capital Multi-Strategy Income ETF (SCMC) and Thornburg Multi Sector Bond ETF (TMB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCMC

• 1D: 0.08%
• 1M: 0.26%
• YTD: 1.87%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TMB

• 1D: 0.17%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SCMC vs. TMB - Yearly Performance Comparison

	2026 (YTD)
SCMC Sterling Capital Multi-Strategy Income ETF	0.16%
TMB Thornburg Multi Sector Bond ETF	0.34%

Correlation

The correlation between SCMC and TMB is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.57

Return for Risk

SCMC vs. TMB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital Multi-Strategy Income ETF (SCMC) and Thornburg Multi Sector Bond ETF (TMB). 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

	SCMC	TMB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	5.77	-4.45

Drawdowns

SCMC vs. TMB - Drawdown Comparison

The maximum SCMC drawdown since its inception was -1.91%, which is greater than TMB's maximum drawdown of -0.24%. Use the drawdown chart below to compare losses from any high point for SCMC and TMB.

Drawdown Indicators

	SCMC	TMB	Difference
Max Drawdown Largest peak-to-trough decline	-1.91%	-0.24%	-1.67%
Current Drawdown Current decline from peak	-0.12%	-0.06%	-0.06%
Average Drawdown Average peak-to-trough decline	-0.36%	-0.06%	-0.30%

Volatility

Volatility by Period

	SCMC	TMB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.83%	2.46%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.83%	2.46%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.83%	2.46%	+0.37%

SCMC vs. TMB - Expense Ratio Comparison

Both SCMC and TMB have an expense ratio of 0.55%.

Dividends

SCMC vs. TMB - Dividend Comparison

SCMC's dividend yield for the trailing twelve months is around 2.17%, more than TMB's 0.36% yield.

Position	TTM	2025
SCMC Sterling Capital Multi-Strategy Income ETF	2.17%	0.29%
TMB Thornburg Multi Sector Bond ETF	0.36%	0.00%

Frequently Asked Questions

Can I hold both SCMC and TMB in my portfolio?

SCMC and TMB have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SCMC or TMB?

Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SCMC or TMB?

SCMC and TMB have the same expense ratio: 0.55% per year.

Which ETF pays a higher dividend yield, SCMC or TMB?

SCMC has the higher dividend yield at 2.17%, compared with 0.36% for TMB.

What is the main difference between SCMC and TMB?

They also come from different issuers: Sterling Capital and Thornburg.