VMSB vs. ABI

Last updated Jun 4, 2026

VMSB (Voya Multi-Sector Income ETF) and ABI (VictoryShares Pioneer Asset-Based Income ETF) are both Multisector Bonds funds. A 0.52 correlation means they provide meaningful diversification when combined. VMSB charges 0.45%/yr vs 0.65%/yr for ABI.

Performance

VMSB vs. ABI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Multi-Sector Income ETF (VMSB) and VictoryShares Pioneer Asset-Based Income ETF (ABI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VMSB achieves a 0.86% return, which is significantly lower than ABI's 2.61% return.

VMSB

• 1D: -0.17%
• 1M: 0.29%
• YTD: 0.86%
• 6M: 0.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABI

• 1D: -0.04%
• 1M: 0.75%
• YTD: 2.61%
• 6M: 3.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VMSB vs. ABI - Yearly Performance Comparison

	2026 (YTD)	2025
VMSB Voya Multi-Sector Income ETF	0.86%	-0.40%
ABI VictoryShares Pioneer Asset-Based Income ETF	2.61%	0.43%

Correlation

The correlation between VMSB and ABI is 0.52, 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 Dec 4, 2025	0.52

Return for Risk

VMSB vs. ABI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Multi-Sector Income ETF (VMSB) and VictoryShares Pioneer Asset-Based Income ETF (ABI). 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

	VMSB	ABI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	3.98	-3.72

Drawdowns

VMSB vs. ABI - Drawdown Comparison

The maximum VMSB drawdown since its inception was -2.57%, which is greater than ABI's maximum drawdown of -0.95%. Use the drawdown chart below to compare losses from any high point for VMSB and ABI.

Drawdown Indicators

	VMSB	ABI	Difference
Max Drawdown Largest peak-to-trough decline	-2.57%	-0.95%	-1.62%
Current Drawdown Current decline from peak	-0.43%	-0.04%	-0.39%
Average Drawdown Average peak-to-trough decline	-0.72%	-0.19%	-0.53%

Volatility

Volatility by Period

	VMSB	ABI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.60%	1.28%	+2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.60%	1.28%	+2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.60%	1.28%	+2.32%

VMSB vs. ABI - Expense Ratio Comparison

VMSB has a 0.45% expense ratio, which is lower than ABI's 0.65% expense ratio.

Dividends

VMSB vs. ABI - Dividend Comparison

VMSB's dividend yield for the trailing twelve months is around 2.35%, less than ABI's 5.18% yield.

Position	TTM	2025
ABI VictoryShares Pioneer Asset-Based Income ETF	5.18%	3.01%
VMSB Voya Multi-Sector Income ETF	2.35%	0.71%

Frequently Asked Questions

Can I hold both VMSB and ABI in my portfolio?

VMSB and ABI have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VMSB or ABI?

On fees, VMSB is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VMSB or ABI?

VMSB is cheaper with a 0.45% expense ratio, compared with 0.65% for ABI.

Which ETF pays a higher dividend yield, VMSB or ABI?

ABI has the higher dividend yield at 5.18%, compared with 2.35% for VMSB.

What is the main difference between VMSB and ABI?

They also come from different issuers: Voya and VictoryShares. Their fees differ too: 0.45% for VMSB and 0.65% for ABI.