VUSI vs. VMSB

Last updated Jun 4, 2026

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

Performance

VUSI vs. VMSB - Performance Comparison

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

Returns By Period

In the year-to-date period, VUSI achieves a -0.28% return, which is significantly lower than VMSB's 0.86% return.

VUSI

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

VMSB

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

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

VUSI vs. VMSB - Yearly Performance Comparison

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

Correlation

The correlation between VUSI and VMSB 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

VUSI vs. VMSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Ultra Short Income ETF (VUSI) and Voya Multi-Sector Income ETF (VMSB). 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

	VUSI	VMSB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.26	+0.28

Drawdowns

VUSI vs. VMSB - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

VUSI vs. VMSB - Expense Ratio Comparison

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

Dividends

VUSI vs. VMSB - Dividend Comparison

VUSI's dividend yield for the trailing twelve months is around 0.50%, less than VMSB's 2.35% 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 VUSI and VMSB in my portfolio?

VUSI and VMSB 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, VUSI or VMSB?

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, VUSI or VMSB?

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

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

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

What is the main difference between VUSI and VMSB?

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