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ETFs

Virtus Newfleet Multi-Sector Bond ETF

NFLT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 10 2015
Expense Ratio
0.50%
Type
Global Bonds
Fund Owner
Virtus ETF Solutions
Volume (1m avg. daily)
$463,065
AUM
$58,296,981
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
United States Treasury Note/Bond 4.125% 11/15/2032
3.88%
n/a
United States Treasury Note/Bond 0.625% 12/31/2027
3.37%
n/a
United States Treasury Note/Bond 1.875% 02/15/2032
2.50%
n/a
United States Treasury Note/Bond 4.000% 11/15/2052
2.12%
n/a
United States Treasury Note/Bond 0.125% 08/31/2023
1.65%
TOWD5447476
TPMT 2022-1 A1 3.750% 07/25/2062
0.88%
n/a
FN FS4438 5.000% 11/01/2052
0.77%
n/a
KNDL 2019-KNSQ A 6.057% 05/15/2021
0.68%
n/a
Mexico Government International Bond 3.500% 02/12/2034
0.59%
n/a
MST 2019-1A A1A 3.750% 04/25/2058
0.59%
Invest with NFLT

What is NFLT?

Virtus Newfleet Multi-Sector Bond ETF seeks opportunities across all pockets of the global fixed income market, leveraging Newfleet s proven multi-sector approach. The Virtus Newfleet Multi-Sector Bond ETF (Ticker: NFLT) seeks to provide a high level of current income and, secondarily, capital appreciation. While NFLT embraces the virtues of diversification, the lack of formal sector, industry, or country limitations means that the team can express its highest conviction ideas. Unlike many unconstrained funds, however, NFLT does not invest in equities, which can be highly volatile and out-of-sync with bond investors expectations. Because the Fund is benchmark agnostic, Newfleet is not compelled to take risks embedded in the benchmark, such as unwanted exposure to interest rate sensitive sectors or overvalued credits.

ETFs related toNFLT

ETFs correlated to NFLT include DIAL, GTO, JPIE

NFLT
Newfleet Asset Management - Virtus Newfleet Multi-Sector Unconstrained Bond ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
GTO
Invesco Capital Management LLC - Invesco Total Return Bond ETF
JPIE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Income ETF
JSCP
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Short Duration Core Plus ETF
IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF
CGCP
Capital Group Companies Inc - Capital Group Core Plus Income ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
BSCS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 Corporate Bond ETF
FBND
Fidelity Covington Trust - Fidelity Total Bond ETF
IBDX
iShares Trust - iShares iBonds Dec 2032 Term Corporate ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toNFLT

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with NFLT using Composer

FAQ

NFLT is a Global Bonds ETF. Virtus Newfleet Multi-Sector Bond ETF seeks opportunities across all pockets of the global fixed income market, leveraging Newfleet s proven multi-sector approach. The Virtus Newfleet Multi-Sector Bond ETF (Ticker: NFLT) seeks to provide a high level of current income and, secondarily, capital appreciation. While NFLT embraces the virtues of diversification, the lack of formal sector, industry, or country limitations means that the team can express its highest conviction ideas. Unlike many unconstrained funds, however, NFLT does not invest in equities, which can be highly volatile and out-of-sync with bond investors expectations. Because the Fund is benchmark agnostic, Newfleet is not compelled to take risks embedded in the benchmark, such as unwanted exposure to interest rate sensitive sectors or overvalued credits.

Yes, NFLT is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, NFLT is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NFLT is -0.0019%. This is the percent change in the value of NFLT over the most recent 1-month period. The 3-month return on NFLT is 0.0135%. This is the percent change in the value of NFLT over the most recent 3-month period.

The standard deviation of NFLT for the past year is 0.0537%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NFLT include AGG, BLV, and BSV.

ETFs correlated to NFLT include DIAL, GTO, and JPIE.

ETFs that are inversely correlated to NFLT include TBX, PST, and SJB.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.