DYLD vs NFLT
LeaderShares Dynamic Yield ETF vs Virtus Newfleet Multi-Sector Bond ETF
Which is better, DYLD or NFLT?
NFLT has been ahead.
NFLT has a lower expense ratio. NFLT led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DYLD | NFLT |
|---|---|---|
| Expense Ratio | 0.75% | 0.50%Best |
| AUM | $35M | $514M |
| Dividend Yield | 4.24% | 5.54% |
| Holdings | 65 | 1,105 |
| YTD Return | +0.50%Best | -0.07% |
| 1Y Return | +0.96% | +1.29%Best |
| 3Y Return (annualized) | +4.67% | +7.24%Best |
| 5Y Return (annualized) | +0.75% | +2.69%Best |
| Volatility (annualized) | 4.8%Best | 5.2% |
| Max Drawdown | -15.0% | -13.4%Best |
| $10,000 over 5 years | $10,381 | $11,419Best |
| Fund Family | LeaderShares | Virtus Investment Partners |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Jun 28, 2021 | Aug 10, 2015 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Oct 14, 2026 (5.3 years).
DYLD vs NFLT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.3 years both funds cover.
DYLD vs NFLT Performance
LeaderShares Dynamic Yield ETF (DYLD) is an ETF from LeaderShares and Virtus Newfleet Multi-Sector Bond ETF (NFLT) is an ETF from Virtus Investment Partners. Over the past year DYLD returned +0.96% while NFLT returned +1.29%. Year to date, DYLD is up 0.50% versus a loss of 0.07% for NFLT.
Over three years, DYLD compounded at +4.67% per year against +7.24% for NFLT; over five years the annualized figures are +0.75% and +2.69% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NFLT has been the more volatile fund, with annualized monthly volatility of 5.2% compared with 4.8% for DYLD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.0% for DYLD and -13.4% for NFLT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DYLD charges 0.75% per year while NFLT charges 0.50%. On a $10,000 position that is $75 vs $50 annually, a gap of $25 per year that compounds over a long holding period. On income, DYLD currently yields 4.24% against 5.54% for NFLT.
Holdings Overlap
We hold position weights for 31 holdings in DYLD and 13 in NFLT, totalling 99.8% and 1.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 31 positions we hold weights for in DYLD and 13 in NFLT, against full books of 65 and 1,105.
You are not choosing between two funds in isolation.
Whichever of DYLD and NFLT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DYLD or NFLT?
DYLD has an expense ratio of 0.75% while NFLT charges 0.50%. NFLT is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, DYLD or NFLT?
Over the past year DYLD returned +0.96% vs +1.29% for NFLT, so NFLT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYLD or NFLT?
NFLT has been the more volatile fund at 5.2% annualized versus 4.8% for DYLD. Worst drawdown: DYLD -15.0% vs NFLT -13.4%.
Should I hold both DYLD and NFLT?
DYLD and NFLT have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DYLD or NFLT?
DYLD yields 4.24% while NFLT yields 5.54%, so NFLT currently pays the higher dividend yield.
Is NFLT better than DYLD?
NFLT has a lower expense ratio. NFLT led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.