VMSB vs. MUSI
VMSB (Voya Multi-Sector Income ETF) and MUSI (American Century Multisector Income ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. VMSB charges 0.45%/yr vs 0.36%/yr for MUSI.
Performance
VMSB vs. MUSI - Performance Comparison
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Returns By Period
In the year-to-date period, VMSB achieves a 1.06% return, which is significantly higher than MUSI's 0.40% return.
VMSB
- 1D
- 0.24%
- 1M
- -0.44%
- 6M
- 0.75%
- YTD
- 1.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MUSI
- 1D
- 0.24%
- 1M
- -0.80%
- 6M
- 0.00%
- YTD
- 0.40%
- 1Y
- 3.47%
- 3Y*
- 6.25%
- 5Y*
- 2.05%
- 10Y*
- —
- ALL TIME*
- 2.05%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.04M | $924.97K | $903.66K | |
| $227.45K | $108.49K | $37.51K |
VMSB vs. MUSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VMSB Voya Multi-Sector Income ETF | 1.06% | -0.36% |
MUSI American Century Multisector Income ETF | 0.40% | 0.22% |
Correlation
The correlation between VMSB and MUSI is 0.69, 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 Dec 3, 2025 | 0.70 |
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Return for Risk
VMSB vs. MUSI — Risk / Return Rank
VMSB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MUSI
VMSB vs. MUSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Multi-Sector Income ETF (VMSB) and American Century Multisector Income ETF (MUSI). 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.
| VMSB | MUSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.25 | — |
| Martin ratioReturn relative to average drawdown | — | 3.96 | — |
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Drawdowns
VMSB vs. MUSI - Drawdown Comparison
The maximum VMSB drawdown since its inception was -2.57%, smaller than the maximum MUSI drawdown of -13.91%. Use the drawdown chart below to compare losses from any high point for VMSB and MUSI.
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Drawdown Indicators
| VMSB | MUSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.57% | -13.91% | +11.34% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.78% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.91% | — |
Current DrawdownCurrent decline from peak | -0.47% | -1.34% | +0.87% |
Average DrawdownAverage peak-to-trough decline | -0.65% | -4.11% | +3.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.88% | — |
Volatility
VMSB vs. MUSI - Volatility Comparison
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Volatility by Period
| VMSB | MUSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.85% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.80% | 3.41% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.80% | 4.85% | -1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.80% | 4.81% | -1.01% |
VMSB vs. MUSI - Expense Ratio Comparison
VMSB has a 0.45% expense ratio, which is higher than MUSI's 0.36% expense ratio.
Dividends
VMSB vs. MUSI - Dividend Comparison
VMSB's dividend yield for the trailing twelve months is around 3.21%, less than MUSI's 4.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
MUSI American Century Multisector Income ETF | 4.99% | 5.74% | 6.00% | 5.20% | 4.02% | 1.62% |
VMSB Voya Multi-Sector Income ETF | 3.21% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VMSB and MUSI have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MUSI is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MUSI is cheaper with a 0.36% expense ratio, compared with 0.45% for VMSB.
MUSI has the higher dividend yield at 4.99%, compared with 3.21% for VMSB.
They also come from different issuers: Voya and American Century. Their fees differ too: 0.45% for VMSB and 0.36% for MUSI.
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