XAGG vs. MULT
XAGG (Eaton Vance Income Opportunities ETF) and MULT (Franklin Multisector Income ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. XAGG charges 0.50%/yr vs 0.39%/yr for MULT.
Performance
XAGG vs. MULT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XAGG achieves a 2.19% return, which is significantly higher than MULT's 0.70% return.
XAGG
- 1D
- -0.20%
- 1M
- -0.34%
- 6M
- 0.48%
- YTD
- 2.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MULT
- 1D
- -0.22%
- 1M
- -0.64%
- 6M
- 0.44%
- YTD
- 0.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $6.84K | $5.44K | $4.97K | |
| $9.69M | $13.10M | $11.08M |
XAGG vs. MULT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XAGG Eaton Vance Income Opportunities ETF | 2.19% | 1.75% |
MULT Franklin Multisector Income ETF | 0.70% | 1.19% |
Correlation
The correlation between XAGG and MULT is 0.60, 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 Nov 10, 2025 | 0.60 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XAGG vs. MULT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Income Opportunities ETF (XAGG) and Franklin Multisector Income ETF (MULT). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
XAGG vs. MULT - Drawdown Comparison
The maximum XAGG drawdown since its inception was -2.88%, which is greater than MULT's maximum drawdown of -1.70%. Use the drawdown chart below to compare losses from any high point for XAGG and MULT.
Loading charts...
Drawdown Indicators
| XAGG | MULT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.88% | -1.70% | -1.18% |
Current DrawdownCurrent decline from peak | -0.49% | -0.68% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -0.32% | -0.21% |
Volatility
XAGG vs. MULT - Volatility Comparison
Loading charts...
Volatility by Period
| XAGG | MULT | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 3.42% | 2.93% | +0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.42% | 2.93% | +0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.42% | 2.93% | +0.49% |
XAGG vs. MULT - Expense Ratio Comparison
XAGG has a 0.50% expense ratio, which is higher than MULT's 0.39% expense ratio.
Dividends
XAGG vs. MULT - Dividend Comparison
XAGG's dividend yield for the trailing twelve months is around 5.07%, more than MULT's 3.82% yield.
| Position | TTM | 2025 |
|---|---|---|
MULT Franklin Multisector Income ETF | 3.82% | 1.56% |
XAGG Eaton Vance Income Opportunities ETF | 5.07% | 1.02% |
Frequently Asked Questions
XAGG and MULT have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MULT is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MULT is cheaper with a 0.39% expense ratio, compared with 0.50% for XAGG.
XAGG has the higher dividend yield at 5.07%, compared with 3.82% for MULT.
They also come from different issuers: Eaton Vance and Franklin. Their fees differ too: 0.50% for XAGG and 0.39% for MULT.
Find the right allocation for XAGG and MULT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer