SSMG vs. NFLT
SSMG (Virtus Silvant Small/Mid Growth ETF) and NFLT (Virtus Newfleet Multi-Sector Bond ETF) are both exchange-traded funds - SSMG is a Mid Cap Growth Equities fund actively managed by Virtus, while NFLT is a Multisector Bonds fund actively managed by Virtus. Both are actively managed. Their 0.58 correlation means they have sometimes moved together and sometimes differently. SSMG charges 0.39%/yr vs 0.50%/yr for NFLT.
Performance
SSMG vs. NFLT - Performance Comparison
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Returns By Period
SSMG
- 1D
- 3.18%
- 1M
- -0.84%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NFLT
- 1D
- 0.34%
- 1M
- -0.07%
- 6M
- 1.22%
- YTD
- 2.00%
- 1Y
- 5.55%
- 3Y*
- 7.24%
- 5Y*
- 3.07%
- 10Y*
- 3.86%
- ALL TIME*
- 4.06%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.31M | $1.87M | $2.11M | |
| $5.89K | $3.26K | $5.76K |
SSMG vs. NFLT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
SSMG Virtus Silvant Small/Mid Growth ETF | 7.79% |
NFLT Virtus Newfleet Multi-Sector Bond ETF | 0.49% |
Correlation
The correlation between SSMG and NFLT is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 22, 2026 | 0.58 |
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Return for Risk
SSMG vs. NFLT — Risk / Return Rank
SSMG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NFLT
SSMG vs. NFLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Small/Mid Growth ETF (SSMG) and Virtus Newfleet Multi-Sector Bond ETF (NFLT). 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.
| SSMG | NFLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.31 | — |
| Martin ratioReturn relative to average drawdown | — | 9.39 | — |
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Drawdowns
SSMG vs. NFLT - Drawdown Comparison
The maximum SSMG drawdown since its inception was -13.72%, smaller than the maximum NFLT drawdown of -15.17%. Use the drawdown chart below to compare losses from any high point for SSMG and NFLT.
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Drawdown Indicators
| SSMG | NFLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.72% | -15.17% | +1.45% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.42% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.15% | — |
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 | -4.83% | -0.41% | -4.42% |
Average DrawdownAverage peak-to-trough decline | -3.36% | -2.08% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.59% | — |
Volatility
SSMG vs. NFLT - Volatility Comparison
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Volatility by Period
| SSMG | NFLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.03% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.21% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 28.58% | 4.06% | +24.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.58% | 4.49% | +24.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.58% | 4.92% | +23.66% |
SSMG vs. NFLT - Expense Ratio Comparison
SSMG has a 0.39% expense ratio, which is lower than NFLT's 0.50% expense ratio.
Dividends
SSMG vs. NFLT - Dividend Comparison
SSMG has not paid dividends to shareholders, while NFLT's dividend yield for the trailing twelve months is around 5.45%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFLT Virtus Newfleet Multi-Sector Bond ETF | 5.45% | 5.74% | 5.76% | 6.02% | 4.16% | 3.41% | 3.63% | 4.33% | 4.81% | 6.23% | 5.30% | 0.67% |
SSMG Virtus Silvant Small/Mid Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SSMG and NFLT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SSMG is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SSMG is cheaper with a 0.39% expense ratio, compared with 0.50% for NFLT.
NFLT has the higher dividend yield at 5.45%, compared with 0.00% for SSMG.
SSMG is categorized as Mid Cap Growth Equities, while NFLT is Multisector Bonds. Their fees differ too: 0.39% for SSMG and 0.50% for NFLT.
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