SDCP vs. VPC

Last updated Aug 2, 2026

SDCP (Virtus Newfleet Short Duration Core Plus Bond ETF) and VPC (Virtus Private Credit ETF) are both exchange-traded funds - SDCP is a Short-Term Bond fund actively managed by Virtus, while VPC is a Nontraditional Bonds fund tracking the Indxx Private Credit Index. SDCP is actively managed, while VPC is passively managed. Over the past year, SDCP returned 3.50% vs -16.30% for VPC. Their 0.14 correlation means their historical movements had little consistent relationship. SDCP charges 0.35%/yr vs 0.75%/yr for VPC.

Performance

SDCP vs. VPC - 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 Private Credit ETF (VPC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDCP achieves a 1.52% return, which is significantly higher than VPC's -11.53% return.

SDCP

• 1D: -0.01%
• 1M: 0.07%
• 6M: 1.17%
• YTD: 1.52%
• 1Y: 3.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.22%

VPC

• 1D: 0.17%
• 1M: -1.53%
• 6M: -11.08%
• YTD: -11.53%
• 1Y: -16.30%
• 3Y*: -1.29%
• 5Y*: 0.87%
• 10Y*: —
• ALL TIME*: 3.63%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	$5.71K	$6.25K	$9.87K
VPC Virtus Private Credit ETF	$87.07K	$126.50K	$156.13K

SDCP vs. VPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	1.52%	5.37%	5.24%	1.94%
VPC Virtus Private Credit ETF	-11.53%	-6.75%	10.52%	5.35%

Correlation

The correlation between SDCP and VPC is 0.28, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.28
Correlation (All Time) Calculated using the full available price history since Nov 16, 2023	0.14

The correlation between SDCP and VPC shifts across timeframes, from 0.14 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

SDCP vs. VPC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SDCP

SDCP Risk / Return Rank: 95
SDCP Sharpe Ratio Rank: 95
SDCP Sortino Ratio Rank: 96
SDCP Omega Ratio Rank: 96
SDCP Calmar Ratio Rank: 93
SDCP Martin Ratio Rank: 93

VPC

VPC Risk / Return Rank: 1
VPC Sharpe Ratio Rank: 0
VPC Sortino Ratio Rank: 1
VPC Omega Ratio Rank: 1
VPC Calmar Ratio Rank: 3
VPC Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SDCP vs. VPC - 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 Private Credit ETF (VPC). 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.

	SDCP	VPC	Difference
Sharpe ratio: Return per unit of total volatility	2.82	-1.25	+4.06
Sortino ratio: Return per unit of downside risk	4.41	-1.72	+6.13
Omega ratio: Gain probability vs. loss probability	1.65	0.81	+0.83
Calmar ratio: Return relative to maximum drawdown	4.48	-0.79	+5.27
Martin ratio: Return relative to average drawdown	16.75	-1.37	+18.11

SDCP vs. VPC - Sharpe Ratio Comparison

The current SDCP Sharpe Ratio is 2.82, which is higher than the VPC Sharpe Ratio of -1.25. The chart below compares the historical Sharpe Ratios of SDCP and VPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SDCP vs. VPC - Drawdown Comparison

The maximum SDCP drawdown since its inception was -1.00%, smaller than the maximum VPC drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for SDCP and VPC.

Drawdown Indicators

	SDCP	VPC	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-53.45%	+52.45%
Max Drawdown (1Y) Largest decline over 1 year	-0.82%	-21.55%	+20.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.86%	—
Current Drawdown Current decline from peak	-0.09%	-21.64%	+21.55%
Average Drawdown Average peak-to-trough decline	-0.17%	-7.95%	+7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	12.51%	-12.29%

Volatility

SDCP vs. VPC - Volatility Comparison

The current volatility for Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is 0.28%, while Virtus Private Credit ETF (VPC) has a volatility of 3.44%. This indicates that SDCP experiences smaller price fluctuations and is considered to be less risky than VPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDCP	VPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.28%	3.44%	-3.16%
Volatility (6M) Calculated over the trailing 6-month period	0.75%	11.09%	-10.34%
Volatility (1Y) Calculated over the trailing 1-year period	1.31%	13.74%	-12.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.99%	13.58%	-11.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.99%	20.42%	-18.43%

SDCP vs. VPC - Expense Ratio Comparison

SDCP has a 0.35% expense ratio, which is lower than VPC's 0.75% expense ratio.

Dividends

SDCP vs. VPC - Dividend Comparison

SDCP's dividend yield for the trailing twelve months is around 5.15%, less than VPC's 16.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF	5.15%	5.16%	5.25%	0.59%	0.00%	0.00%	0.00%	0.00%
VPC Virtus Private Credit ETF	16.46%	14.33%	11.26%	11.71%	10.74%	6.31%	10.06%	8.19%

Frequently Asked Questions

Can I hold both SDCP and VPC in my portfolio?

SDCP and VPC have a correlation of 0.28, 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 VPC?

VPC has higher volatility (3.44%) compared to SDCP (0.28%). In terms of maximum drawdown, SDCP dropped -1.00% vs VPC's -53.45%.

Which ETF is better, SDCP or VPC?

On 1-year performance, SDCP leads with 3.50% vs -16.30% for VPC. On fees, SDCP is cheaper at 0.35% per year. On volatility, SDCP has been the lower-risk option at 0.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDCP or VPC?

Over the 1-year period, SDCP has performed better with a 3.50% return vs -16.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDCP or VPC?

SDCP is cheaper with a 0.35% expense ratio, compared with 0.75% for VPC.

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

VPC has the higher dividend yield at 16.46%, compared with 5.15% for SDCP.

What is the main difference between SDCP and VPC?

SDCP is categorized as Short-Term Bond, while VPC is Nontraditional Bonds. Their fees differ too: 0.35% for SDCP and 0.75% for VPC.

Which has better risk-adjusted returns?

SDCP currently has the higher Sharpe Ratio (2.82 vs -1.25), 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.