NFLT vs SIFI
Virtus Newfleet Multi-Sector Bond ETF vs Harbor Ares Systematic Multi-Sector Income ETF
Which is better, NFLT or SIFI?
NFLT has been ahead.
NFLT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | NFLT | SIFI |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $514M | $23M |
| Dividend Yield | 5.54% | 8.29% |
| Holdings | 1,105 | 374 |
| YTD Return | -0.07%Best | -0.24% |
| 1Y Return | +1.29%Best | +1.03% |
| 3Y Return (annualized) | +7.24%Best | +7.09% |
| 5Y Return (annualized) | +2.69%Best | +2.23% |
| Volatility (annualized) | 5.3%Best | 5.7% |
| Max Drawdown | -13.4%Best | -14.7% |
| $10,000 over 5 years | $11,419Best | $11,166 |
| Fund Family | Virtus Investment Partners | Harbor Funds |
| Category | Fixed Income | Fixed Income |
| Style | Diversified Sectoral Bond | Diversified Sectoral Bond |
| Inception | Aug 10, 2015 | Sep 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Oct 14, 2026 (5.1 years).
NFLT vs SIFI 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 5.1 years both funds cover.
NFLT vs SIFI Performance
Virtus Newfleet Multi-Sector Bond ETF (NFLT) is an ETF from Virtus Investment Partners and Harbor Ares Systematic Multi-Sector Income ETF (SIFI) is an ETF from Harbor Funds. Over the past year NFLT returned +1.29% while SIFI returned +1.03%. Year to date, NFLT is down 0.07% versus a loss of 0.24% for SIFI.
Over three years, NFLT compounded at +7.24% per year against +7.09% for SIFI; over five years the annualized figures are +2.69% and +2.23% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIFI has been the more volatile fund, with annualized monthly volatility of 5.7% compared with 5.3% for NFLT. 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 -13.4% for NFLT and -14.7% for SIFI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NFLT charges 0.50% per year while SIFI charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, NFLT currently yields 5.54% against 8.29% for SIFI.
Holdings Overlap
We hold position weights for 13 holdings in NFLT and 143 in SIFI, totalling 1.3% and 73.0% 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 13 positions we hold weights for in NFLT and 143 in SIFI, against full books of 1,105 and 374.
You are not choosing between two funds in isolation.
Whichever of NFLT and SIFI 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, NFLT or SIFI?
NFLT has an expense ratio of 0.50% while SIFI charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, NFLT or SIFI?
Over the past year NFLT returned +1.29% vs +1.03% for SIFI, so NFLT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NFLT or SIFI?
SIFI has been the more volatile fund at 5.7% annualized versus 5.3% for NFLT. Worst drawdown: NFLT -13.4% vs SIFI -14.7%.
Should I hold both NFLT and SIFI?
NFLT and SIFI have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, NFLT or SIFI?
NFLT yields 5.54% while SIFI yields 8.29%, so SIFI currently pays the higher dividend yield.
Is SIFI better than NFLT?
NFLT led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.