FXED vs. NFLT ETF Comparison

Comparison of Sound Enhanced Fixed Income ETF (FXED) to Virtus Newfleet Multi-Sector Unconstrained Bond ETF (NFLT)

FXED

Sound Enhanced Fixed Income ETF

FXED Description

Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.21

Average Daily Volume

7,427

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

NFLT

Virtus Newfleet Multi-Sector Unconstrained Bond ETF

NFLT Description

The investment seeks to provide a high level of current income and, secondarily, capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its total assets in bonds. The Sub-Adviser seeks to provide diversification by allocating the fund's investments among various sectors of the fixed income markets. The fund's fixed income investments may be issued by various types of issuers. It may invest in securities of U.S. or non-U.S. issuers of any maturity or credit quality rating.

Grade (RS Rating)

Last Trade

$22.97

Average Daily Volume

72,984

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	FXED	NFLT
30 Days	1.45%	0.56%
60 Days	6.85%	2.15%
90 Days	4.60%	4.07%
12 Months	20.82%	13.89%

0 Overlapping Holdings

	Symbol	Grade	Weight in FXED	Weight in NFLT	Overlap

FXED Overweight 8 Positions Relative to NFLT

	Symbol	Grade	Weight
	HTGC	B	3.43%
	ARCC	A	3.24%
	AWF	B	2.92%
	SHYG	B	2.91%
	PFLT	A	2.77%
	GBDC	B	2.75%
	TSLX	B	2.62%
	EMHY	A	2.54%

FXED Underweight 1 Positions Relative to NFLT

	Symbol	Grade	Weight
	EMB	B	-2.5%

FXED: Top Represented Industries & Keywords

Industries: Asset Management Specialty Finance

Keywords: ETF Exchange Traded Fund Business Development Mezzanine Capital Private Equity Venture Capital Bond Business Development Company Debt Debt Financing Golub Capital High Yield Debt Leveraged Buyout Loan Refinancing Subordinated Debt Advanced Materials Alliancebernstein Batteries Biofuel

NFLT: Top Represented Industries & Keywords

Industries:

Keywords: ETF Emerging Market Emerging Market Debt Exchange Traded Fund Index Fund Jpm G7 Fx Index Jpmorgan Embi