WINC vs. SDCP
Compare and contrast key facts about Western Asset Short Duration Income ETF (WINC) and Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP).
WINC and SDCP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WINC is an actively managed fund by Franklin Templeton. It was launched on Feb 7, 2019. SDCP is an actively managed fund by Virtus. It was launched on Nov 15, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WINC or SDCP.
Key characteristics
| WINC | SDCP | |
|---|---|---|
| YTD Return | 5.01% | 5.22% |
| Daily Std Dev | 2.42% | 2.56% |
| Max Drawdown | -17.36% | -0.83% |
| Current Drawdown | -0.09% | 0.00% |
Correlation
The correlation between WINC and SDCP is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WINC vs. SDCP - Performance Comparison
The year-to-date returns for both investments are quite close, with WINC having a 5.01% return and SDCP slightly higher at 5.22%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WINC vs. SDCP - Expense Ratio Comparison
WINC has a 0.29% expense ratio, which is lower than SDCP's 0.35% expense ratio.
Risk-Adjusted Performance
WINC vs. SDCP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Short Duration Income ETF (WINC) and Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP). 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.
Not enough dataDividends
WINC vs. SDCP - Dividend Comparison
WINC's dividend yield for the trailing twelve months is around 4.83%, more than SDCP's 3.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
WINC Western Asset Short Duration Income ETF | 4.83% | 4.35% | 2.49% | 1.95% | 3.88% | 3.72% |
SDCP Virtus Newfleet Short Duration Core Plus Bond ETF | 3.78% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WINC vs. SDCP - Drawdown Comparison
The maximum WINC drawdown since its inception was -17.36%, which is greater than SDCP's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for WINC and SDCP. For additional features, visit the drawdowns tool.
Volatility
WINC vs. SDCP - Volatility Comparison
The current volatility for Western Asset Short Duration Income ETF (WINC) is 0.43%, while Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) has a volatility of 0.50%. This indicates that WINC experiences smaller price fluctuations and is considered to be less risky than SDCP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.