SDCP vs. SEIX

Last updated Jun 4, 2026

SDCP (Virtus Newfleet Short Duration Core Plus Bond ETF) and SEIX (Virtus Seix Senior Loan ETF) are both exchange-traded funds - SDCP is a Short-Term Bond fund actively managed by Virtus, while SEIX is a Bank Loan fund tracking the Credit Suisse Leveraged Loan Index. SDCP is actively managed, while SEIX is passively managed. Over the past year, SDCP returned 4.38% vs 6.07% for SEIX. At a 0.08 correlation, their price movements are largely independent. SDCP charges 0.35%/yr vs 0.57%/yr for SEIX.

Performance

SDCP vs. SEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) and Virtus Seix Senior Loan ETF (SEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDCP achieves a 1.06% return, which is significantly lower than SEIX's 2.09% return.

SDCP

• 1D: -0.10%
• 1M: 0.18%
• YTD: 1.06%
• 6M: 1.18%
• 1Y: 4.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SEIX

• 1D: -0.06%
• 1M: 0.33%
• YTD: 2.09%
• 6M: 2.81%
• 1Y: 6.07%
• 3Y*: 8.17%
• 5Y*: 5.75%
• 10Y*: —

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

SDCP vs. SEIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	1.06%	5.37%	5.24%	1.98%
SEIX Virtus Seix Senior Loan ETF	2.09%	5.10%	8.42%	1.83%

Correlation

The correlation between SDCP and SEIX is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (All Time) Calculated using the full available price history since Nov 17, 2023	0.08

Return for Risk

SDCP vs. SEIX — Risk / Return Rank

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

SDCP

SDCP Risk / Return Rank: 91
SDCP Sharpe Ratio Rank: 88
SDCP Sortino Ratio Rank: 94
SDCP Omega Ratio Rank: 95
SDCP Calmar Ratio Rank: 89
SDCP Martin Ratio Rank: 89

SEIX

SEIX Risk / Return Rank: 93
SEIX Sharpe Ratio Rank: 94
SEIX Sortino Ratio Rank: 97
SEIX Omega Ratio Rank: 97
SEIX Calmar Ratio Rank: 89
SEIX Martin Ratio Rank: 90

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.

SDCP vs. SEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) and Virtus Seix Senior Loan ETF (SEIX). 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.

	SDCP	SEIX	Difference
Sharpe ratio Return per unit of total volatility	3.02	3.79	-0.76
Sortino ratio Return per unit of downside risk	4.90	6.16	-1.26
Omega ratio Gain probability vs. loss probability	1.74	1.86	-0.12
Calmar ratio Return relative to maximum drawdown	5.33	5.39	-0.06
Martin ratio Return relative to average drawdown	19.90	21.57	-1.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDCP vs. SEIX - Sharpe Ratio Comparison

The current SDCP Sharpe Ratio is 3.02, which is comparable to the SEIX Sharpe Ratio of 3.79. The chart below compares the historical Sharpe Ratios of SDCP and SEIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SDCP	SEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	3.79	-0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.66	1.24	+1.43

Drawdowns

SDCP vs. SEIX - Drawdown Comparison

The maximum SDCP drawdown since its inception was -1.00%, smaller than the maximum SEIX drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for SDCP and SEIX.

Drawdown Indicators

	SDCP	SEIX	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-17.51%	+16.51%
Max Drawdown (1Y) Largest decline over 1 year	-0.82%	-1.13%	+0.31%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.69%	—
Current Drawdown Current decline from peak	-0.10%	-0.06%	-0.04%
Average Drawdown Average peak-to-trough decline	-0.18%	-0.87%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.28%	-0.06%

Volatility

SDCP vs. SEIX - Volatility Comparison

The current volatility for Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is 0.30%, while Virtus Seix Senior Loan ETF (SEIX) has a volatility of 0.35%. This indicates that SDCP experiences smaller price fluctuations and is considered to be less risky than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDCP	SEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.30%	0.35%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	0.84%	1.28%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	1.46%	1.61%	-0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.04%	2.93%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.04%	4.34%	-2.30%

SDCP vs. SEIX - Expense Ratio Comparison

SDCP has a 0.35% expense ratio, which is lower than SEIX's 0.57% expense ratio.

Dividends

SDCP vs. SEIX - Dividend Comparison

SDCP's dividend yield for the trailing twelve months is around 5.23%, less than SEIX's 7.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	5.23%	5.16%	5.25%	0.59%	0.00%	0.00%	0.00%	0.00%
SEIX Virtus Seix Senior Loan ETF	7.25%	7.52%	8.09%	8.74%	5.76%	4.16%	3.75%	3.82%

Frequently Asked Questions

Can I hold both SDCP and SEIX in my portfolio?

SDCP and SEIX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDCP or SEIX?

SEIX has higher volatility (0.35%) compared to SDCP (0.30%). In terms of maximum drawdown, SDCP dropped -1.00% vs SEIX's -17.51%.

Which ETF is better, SDCP or SEIX?

On 1-year performance, SEIX leads with 6.07% vs 4.38% for SDCP. On fees, SDCP is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDCP or SEIX?

Over the 1-year period, SEIX has performed better with a 6.07% return vs 4.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDCP or SEIX?

SDCP is cheaper with a 0.35% expense ratio, compared with 0.57% for SEIX.

Which ETF pays a higher dividend yield, SDCP or SEIX?

SEIX has the higher dividend yield at 7.25%, compared with 5.23% for SDCP.

What is the main difference between SDCP and SEIX?

SDCP is categorized as Short-Term Bond, while SEIX is Bank Loan. Their fees differ too: 0.35% for SDCP and 0.57% for SEIX.

Which has better risk-adjusted returns?

SEIX currently has the higher Sharpe Ratio (3.79 vs 3.02), 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.