TCW Multisector Credit Income ETF
$48.120.00 (0.00%)
- 0.56%
- $37M
- +3.3%
- 8.04%
- 885 sh
- low $47.70high $50.68
The ETF.net MUSE Grade
D
Score 29 out of 100
- 75 of 85
Score 29 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F21 out of 100Rank 64 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.F6 out of 100Rank 73 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 39 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 62 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B69 out of 100Rank 33 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F21 out of 100Rank 81 of 85
Our read on MUSE
In short
DMost of the high yield aisle just tracks an index. MUSE is a TCW credit team picking its own spots across junk bonds, bank loans and emerging market debt, with income paid monthly.
Stated mandate
The fund is actively managed and seeks long-term income through a diversified, multisector fixed-income portfolio.
Why people hold it
Worth knowing
MUSE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
MUSE$10,334
Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MUSE |
|---|---|
| Year to date | +2.3% |
| 1 month | +0.7% |
| 3 months | −0.9% |
| 1 year | +3.3% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MUSE |
|---|---|---|
| 2026 YTD | +2.3% | |
| 2025 | +8.3% | |
| 2024 | +0.3% |
MUSE in the news
MUSE Dividends
- 8.04%
- $3.87
- $0.32 per share
- Monthly
MUSE Risk
- 3.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.27
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.21
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MUSE Cost
Overpaying vs SCYB, cheapest in US High Yield
$10,450
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MUSE 0.56%
$11,088
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | MUSE | SCYB | Overpaying |
|---|---|---|---|
| 10 | $1,006 | $55 | $951 |
| 20 | $3,855 | $216 | $3,639 |
| 30 | $11,088 | $638 | $10,450 |
Other funds in US High Yield
- DTFLRT. Rowe Price Floating Rate ETFExpense ratio 0.61%1 year return +4.6%
- DHYHGProShares High Yield - Interest Rate HedgedExpense ratio 0.50%1 year return +5.6%
- DCDXSimplify High Yield ETFExpense ratio 0.50%1 year return −4.7%
- DHYBXTCW High Yield Bond ETFExpense ratio 0.50%1 year return +3.2%
- DMANIMan Active Income ETFExpense ratio 0.85%1 year return +9.0%
