VMSB vs. VUSI

Last updated Jun 4, 2026

VMSB (Voya Multi-Sector Income ETF) and VUSI (Voya Ultra Short Income ETF) are both exchange-traded funds - VMSB is a Multisector Bonds fund actively managed by Voya, while VUSI is a Ultrashort Bond fund actively managed by Voya. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. VMSB charges 0.45%/yr vs 0.25%/yr for VUSI.

Performance

VMSB vs. VUSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Multi-Sector Income ETF (VMSB) and Voya Ultra Short Income ETF (VUSI). 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 higher than VUSI's -0.28% return.

VMSB

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

VUSI

• 1D: -0.04%
• 1M: -0.34%
• YTD: -0.28%
• 6M: 0.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VMSB vs. VUSI - Yearly Performance Comparison

	2026 (YTD)	2025
VMSB Voya Multi-Sector Income ETF	0.86%	-0.40%
VUSI Voya Ultra Short Income ETF	-0.28%	0.42%

Correlation

The correlation between VMSB and VUSI is 0.43, 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 4, 2025	0.43

Return for Risk

VMSB vs. VUSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Multi-Sector Income ETF (VMSB) and Voya Ultra Short Income ETF (VUSI). 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	VUSI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.54	-0.28

Drawdowns

VMSB vs. VUSI - Drawdown Comparison

The maximum VMSB drawdown since its inception was -2.57%, which is greater than VUSI's maximum drawdown of -0.86%. Use the drawdown chart below to compare losses from any high point for VMSB and VUSI.

Drawdown Indicators

	VMSB	VUSI	Difference
Max Drawdown Largest peak-to-trough decline	-2.57%	-0.86%	-1.71%
Current Drawdown Current decline from peak	-0.43%	-0.69%	+0.26%
Average Drawdown Average peak-to-trough decline	-0.72%	-0.27%	-0.45%

Volatility

Volatility by Period

	VMSB	VUSI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.60%	1.40%	+2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.60%	1.40%	+2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.60%	1.40%	+2.20%

VMSB vs. VUSI - Expense Ratio Comparison

VMSB has a 0.45% expense ratio, which is higher than VUSI's 0.25% expense ratio.

Dividends

VMSB vs. VUSI - Dividend Comparison

VMSB's dividend yield for the trailing twelve months is around 2.35%, more than VUSI's 0.50% yield.

Position	TTM	2025
VMSB Voya Multi-Sector Income ETF	2.35%	0.71%
VUSI Voya Ultra Short Income ETF	0.50%	0.49%

Frequently Asked Questions

Can I hold both VMSB and VUSI in my portfolio?

VMSB and VUSI have a correlation of 0.43, 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 VUSI?

On fees, VUSI is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VMSB or VUSI?

VUSI is cheaper with a 0.25% expense ratio, compared with 0.45% for VMSB.

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

VMSB has the higher dividend yield at 2.35%, compared with 0.50% for VUSI.

What is the main difference between VMSB and VUSI?

VMSB is categorized as Multisector Bonds, while VUSI is Ultrashort Bond. Their fees differ too: 0.45% for VMSB and 0.25% for VUSI.