GMF vs NFLT

Comparison between STATE STREET(R) SPDR(R) S&P(R) EMERGING ASIA PACIFIC ETF (GMF, ETF) and VIRTUS NEWFLEET MULTI-SECTOR BOND ETF (NFLT, ETF).

5-Year PerformanceGMF has outperformed NFLT, delivering a return of +5.6% compared to +3.1%

GMF vs NFLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GMF(ETF)	NFLT(ETF)
Net Assets	$438M	$439M
Expense Ratio	0.49%	0.50%
Max Drawdown	67.62%	19.24%
Sharpe Ratio	0.85	0.58
5Y Beta	0.78	0.09
5Y Dividends CAGR	3.79%	7.37%

Net Assets

GMF

$438M

Winner

NFLT

$439M

Expense Ratio

Winner

GMF

0.49%

NFLT

0.50%

Max Drawdown

GMF

67.62%

Winner

NFLT

19.24%

Sharpe Ratio

Winner

GMF

0.85

NFLT

0.58

5Y Beta

GMF

0.78

Winner

NFLT

0.09

5Y Dividends CAGR

GMF

3.79%

Winner

NFLT

7.37%

GMF vs NFLT - Historical Returns

Returns include dividend reinvestment.

Period	GMF	NFLT
1 month	-5.12%	-0.03%
3 months	+4.28%	+0.38%
6 months	+6.73%	+1.59%
1 year	+18.80%	+6.03%
5 years(CAGR)	+5.61%	+3.08%
10 years(CAGR)	+9.23%	+3.83%
Max(CAGR)	+7.13%	+4.09%

GMF

-5.12%

Winner

NFLT

-0.03%

Winner

GMF

+4.28%

NFLT

+0.38%

Winner

GMF

+6.73%

NFLT

+1.59%

Winner

GMF

+18.80%

NFLT

+6.03%

5Y(CAGR)

Winner

GMF

+5.61%

NFLT

+3.08%

10Y(CAGR)

Winner

GMF

+9.23%

NFLT

+3.83%

Max(CAGR)

Winner

GMF

+7.13%

NFLT

+4.09%

GMF vs NFLT - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GMF	NFLT
2026	+7.24%	+1.75%
2025	+22.11%	+8.23%
2024	+18.25%	+6.16%
2023	+6.69%	+8.74%
2022	-19.66%	-9.30%
2021	-2.58%	+1.54%
2020	+22.19%	+8.12%
2019	+20.09%	+10.25%
2018	-16.14%	-2.52%
2017	+40.53%	+6.29%
2016	+8.09%	+7.57%
2015	-8.55%	-0.21%
2014	+12.46%	N/A
2013	-0.45%	N/A
2012	+16.77%	N/A
2011	-20.38%	N/A
2010	+16.74%	N/A
2009	+63.86%	N/A
2008	-47.80%	N/A
2007	+42.90%	N/A

GMF vs NFLT Drawdown Comparison

The maximum drawdown for GMF was -67.19%, occurring on Nov 20, 2008. Recovery took 1692 trading sessions.

The maximum drawdown for NFLT was -15.17%, occurring on Mar 19, 2020. Recovery took 108 trading sessions.

The current GMF drawdown is -5.12%. The current NFLT drawdown is -0.53%.

Rank	GMF	NFLT
#1	-67.19% Oct 31, 2007 - Jul 24, 2014	-15.17% Feb 21, 2020 - Jul 27, 2020
#2	-40.17% Feb 17, 2021 - Jul 23, 2025	-13.41% Sep 14, 2021 - May 21, 2024
#3	-31.24% Jan 26, 2018 - Aug 5, 2020	-3.72% Jan 5, 2018 - Mar 7, 2019
#4	-30.66% Apr 27, 2015 - May 25, 2017	-3.37% Oct 30, 2015 - Mar 21, 2016
#5	-16.46% Jul 23, 2007 - Sep 4, 2007	-2.89% Feb 28, 2025 - May 20, 2025
#6	-12.62% Feb 25, 2026 - May 5, 2026	-2.84% Oct 25, 2016 - Jan 11, 2017
#7	-10.51% Sep 5, 2014 - Apr 2, 2015	-2.41% Feb 23, 2026 - Apr 17, 2026
#8	-7.01% Jun 22, 2026 - Jul 17, 2026	-2.27% Feb 5, 2021 - Jun 9, 2021
#9	-5.66% Aug 28, 2020 - Oct 8, 2020	-1.93% Dec 9, 2024 - Jan 29, 2025
#10	-5.62% Oct 17, 2007 - Oct 26, 2007	-1.80% Oct 1, 2024 - Dec 9, 2024
#11	-5.60% Jun 2, 2026 - Jun 18, 2026	-1.64% Sep 7, 2016 - Oct 7, 2016
#12	-5.51% Nov 22, 2017 - Jan 2, 2018	-1.33% Mar 3, 2017 - Apr 10, 2017
#13	-5.47% Oct 29, 2025 - Jan 2, 2026	-1.13% May 8, 2026 - May 29, 2026
#14	-5.07% Jan 25, 2021 - Feb 8, 2021	-1.03% Oct 16, 2017 - Dec 4, 2017
#15	-4.71% May 6, 2026 - May 26, 2026	-0.99% Jun 13, 2024 - Jul 10, 2024

Correlation

Correlation between GMF and NFLT is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2007 - 2026)

GMF vs NFLT dividend yield comparison.

Year	GMF	NFLT
2026	0.43%	2.84%
2025	1.49%	5.74%
2024	1.92%	5.76%
2023	2.75%	6.02%
2022	2.54%	4.16%
2021	2.71%	3.41%
2020	1.32%	3.63%
2019	1.75%	4.33%
2018	2.26%	4.81%
2017	1.70%	6.23%
2016	2.49%	5.30%
2015	3.76%	0.67%
2014	1.55%	0.00%
2013	2.18%	0.00%
2012	1.77%	0.00%
2011	3.94%	0.00%
2010	4.44%	0.00%
2009	0.98%	0.00%
2008	1.33%	0.00%
2007	1.31%	0.00%