Virtus Newfleet Securitized Income ETF
$23.87+0.05 (+0.21%)
- 0.39%
- $112M
- +2.7%
- 5.11%
- 0M sh
- $23.80
- low $23.70high $24.49
The ETF.net VABS Grade
C
Score 43 out of 100
- 13 of 25
Score 43 of 100 falls in the C 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.C42 out of 100Rank 14 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.F15 out of 100Rank 19 of 20Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A84 out of 100Rank 2 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D25 out of 100Rank 19 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 4 of 25Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C46 out of 100Rank 17 of 25
Our read on VABS
CThe agency-mortgage aisle is wall-to-wall cheap index trackers. VABS is the odd one out: an actively managed securitized-income fund from Virtus, run by the Newfleet bond team since its 2021 launch, paying monthly.
The Fund seeks income through an actively managed exchange-traded fund strategy.
Why people hold it
- No index to hug. The managers choose their spots across securitized bonds and can reposition as the market shifts, something the passive mortgage trackers in this group (SPMB, VMBS, MBB) are not built to do.
- Income is the stated job, and the cash arrives monthly rather than on a quarterly drip.
- Spread across roughly 200 bond positions, so no single deal carries the portfolio. Diversification is one of this fund's stronger suits within its mortgage-bond peer group.
- Despite being the active outlier in a cohort of low-cost giants, it lands in the upper half of its mortgage-bond peer group on our overall read.
Worth knowing
- Active management carries an active price: 0.39% a year, versus 0.03% at VMBS and 0.04% at SPMB and MBB. You are paying for the manager's judgment, not the index.
- A small fund that trades thinly next to the index heavyweights, which can mean wider bid-ask spreads and more care needed on order size and timing.
- With no benchmark to track, results ride on the team's security selection rather than on a published index you can look up in advance.
VABS Holdings
- Bonds
- 159
- 18%
- Fr SL1127 6.000% 12/01/2054
Geography
- United States100.00%
VABS 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.
VABS$10,269
Returns run to the Oct 12, 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 | VABS |
|---|---|
| Year to date | +1.7% |
| 1 month | −0.3% |
| 3 months | −0.1% |
| 1 year | +2.7% |
| 3 years | +5.7% |
| 5 years | +3.2% |
| 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 | VABS |
|---|---|---|
| 2026 YTD | +1.7% | |
| 2025 | +5.4% | |
| 2024 | +7.6% | |
| 2023 | +7.6% | |
| 2022 | −5.2% | |
| 2021 | +0.4% |
VABS in the news
VABS Dividends
- 5.11%
- $1.22
- $0.12 per share
- Monthly
Distribution history
VABS Risk
- 1.9%
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.
- 0.54
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.
- −6.8%
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.
- 0.20
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
VABS Cost
0.39%
VABS0.39%
- The middle half of Mortgage-Backed Securities funds
- Median 0.36%
13 of the 24 Mortgage-Backed Securities funds charge less.
Other funds in Mortgage-Backed Securities
- CCAAAFirst Trust AAA CMBS ETFExpense ratio 0.30%1 year return +0.6%
- CIMTGInvesco Actively Managed Exchange-Traded Fund Trust - Invesco Agency MBS ETFExpense ratio 0.22%1 year return —
- DVETZAcademy Veteran Impact ETFExpense ratio 0.35%1 year return −1.3%
- DMTGPWisdomTree Mortgage Plus Bond FundExpense ratio 0.45%1 year return −1.7%
- DSCIOFirst Trust Structured Credit Income Opportunities ETFExpense ratio 0.70%1 year return +1.6%