VGRO vs. NFLT

Last updated Jul 10, 2026

VGRO (Virtus Silvant Growth Opportunities ETF) and NFLT (Virtus Newfleet Multi-Sector Bond ETF) are both exchange-traded funds - VGRO is a Large Cap Growth Equities fund actively managed by Virtus, while NFLT is a Multisector Bonds fund actively managed by Virtus. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. VGRO charges 0.35%/yr vs 0.50%/yr for NFLT.

Performance

VGRO vs. NFLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Silvant Growth Opportunities ETF (VGRO) and Virtus Newfleet Multi-Sector Bond ETF (NFLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGRO achieves a 2.80% return, which is significantly higher than NFLT's 1.95% return.

VGRO

• 1D: 0.81%
• 1M: 0.82%
• 6M: 3.19%
• YTD: 2.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLT

• 1D: 0.17%
• 1M: 0.64%
• 6M: 1.51%
• YTD: 1.95%
• 1Y: 6.55%
• 3Y*: 7.57%
• 5Y*: 3.10%
• 10Y*: 3.96%

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

VGRO vs. NFLT - Yearly Performance Comparison

	2026 (YTD)	2025
VGRO Virtus Silvant Growth Opportunities ETF	2.80%	-0.88%
NFLT Virtus Newfleet Multi-Sector Bond ETF	1.95%	-0.04%

Correlation

The correlation between VGRO and NFLT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.41

Return for Risk

VGRO vs. NFLT — Risk / Return Rank

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

VGRO

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

NFLT

NFLT Risk / Return Rank: 67
NFLT Sharpe Ratio Rank: 61
NFLT Sortino Ratio Rank: 64
NFLT Omega Ratio Rank: 63
NFLT Calmar Ratio Rank: 68
NFLT Martin Ratio Rank: 79

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.

VGRO vs. NFLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Growth Opportunities ETF (VGRO) 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.

	VGRO	NFLT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.62	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.72	—
Martin ratio: Return relative to average drawdown	—	11.81	—

Drawdowns

VGRO vs. NFLT - Drawdown Comparison

The maximum VGRO drawdown since its inception was -15.49%, roughly equal to the maximum NFLT drawdown of -15.17%. Use the drawdown chart below to compare losses from any high point for VGRO and NFLT.

Drawdown Indicators

	VGRO	NFLT	Difference
Max Drawdown Largest peak-to-trough decline	-15.49%	-15.17%	-0.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-15.17%	—
Current Drawdown Current decline from peak	-5.01%	-0.45%	-4.56%
Average Drawdown Average peak-to-trough decline	-4.49%	-2.09%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.56%	—

Volatility

Volatility by Period

	VGRO	NFLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.51%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.65%	4.07%	+15.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.65%	4.48%	+15.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	4.93%	+14.72%

VGRO vs. NFLT - Expense Ratio Comparison

VGRO has a 0.35% expense ratio, which is lower than NFLT's 0.50% expense ratio.

Dividends

VGRO vs. NFLT - Dividend Comparison

VGRO has not paid dividends to shareholders, while NFLT's dividend yield for the trailing twelve months is around 5.48%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFLT Virtus Newfleet Multi-Sector Bond ETF	5.48%	5.74%	5.76%	6.02%	4.16%	3.41%	3.63%	4.33%	4.81%	6.23%	5.30%	0.67%
VGRO Virtus Silvant Growth Opportunities 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

Can I hold both VGRO and NFLT in my portfolio?

VGRO and NFLT have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VGRO or NFLT?

On fees, VGRO is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGRO or NFLT?

VGRO is cheaper with a 0.35% expense ratio, compared with 0.50% for NFLT.

Which ETF pays a higher dividend yield, VGRO or NFLT?

NFLT has the higher dividend yield at 5.48%, compared with 0.00% for VGRO.

What is the main difference between VGRO and NFLT?

VGRO is categorized as Large Cap Growth Equities, while NFLT is Multisector Bonds. Their fees differ too: 0.35% for VGRO and 0.50% for NFLT.