NFLT vs HPS

Comparison between VIRTUS NEWFLEET MULTI-SECTOR BOND ETF (NFLT, ETF) and John Hancock Preferred Income Fund III (HPS, ETF).

5-Year PerformanceNFLT has outperformed HPS, delivering a return of +3.1% compared to +2.9%

NFLT vs HPS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NFLT(ETF)	HPS(ETF)
Net Assets	$439M	$440M
Expense Ratio	0.50%	N/A
Max Drawdown	19.24%	77.70%
Sharpe Ratio	0.58	0.86
5Y Beta	0.09	0.41
5Y Dividends CAGR	7.37%	0.00%

Net Assets

NFLT

$439M

Winner

HPS

$440M

Expense Ratio

NFLT

0.50%

HPS

N/A

Max Drawdown

Winner

NFLT

19.24%

HPS

77.70%

Sharpe Ratio

NFLT

0.58

Winner

HPS

0.86

5Y Beta

Winner

NFLT

0.09

HPS

0.41

5Y Dividends CAGR

Winner

NFLT

7.37%

HPS

0.00%

NFLT vs HPS - Historical Returns

Returns include dividend reinvestment.

Period	NFLT	HPS
1 month	-0.03%	+1.61%
3 months	+0.38%	+0.96%
6 months	+1.59%	+3.21%
1 year	+6.03%	+11.41%
5 years(CAGR)	+3.08%	+2.86%
10 years(CAGR)	+3.83%	+5.06%
Max(CAGR)	+4.09%	+6.32%

NFLT

-0.03%

Winner

HPS

+1.61%

NFLT

+0.38%

Winner

HPS

+0.96%

NFLT

+1.59%

Winner

HPS

+3.21%

NFLT

+6.03%

Winner

HPS

+11.41%

5Y(CAGR)

Winner

NFLT

+3.08%

HPS

+2.86%

10Y(CAGR)

NFLT

+3.83%

Winner

HPS

+5.06%

Max(CAGR)

NFLT

+4.09%

Winner

HPS

+6.32%

NFLT vs HPS - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NFLT	HPS
2026	+1.75%	+4.42%
2025	+8.23%	+4.36%
2024	+6.16%	+14.60%
2023	+8.74%	+8.17%
2022	-9.30%	-16.45%
2021	+1.54%	+17.69%
2020	+8.12%	-3.55%
2019	+10.25%	+28.82%
2018	-2.52%	-8.46%
2017	+6.29%	+13.28%
2016	+7.57%	+7.82%
2015	-0.21%	+6.30%
2014	N/A	+23.11%
2013	N/A	-11.53%
2012	N/A	+17.90%
2011	N/A	+15.87%
2010	N/A	+15.98%
2009	N/A	+43.51%
2008	N/A	-32.58%
2007	N/A	-13.59%
2006	N/A	+19.64%
2005	N/A	-4.03%
2004	N/A	-0.54%
2003	N/A	+3.37%

NFLT vs HPS Drawdown Comparison

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

The maximum drawdown for HPS was -69.92%, occurring on Mar 9, 2009. Recovery took 830 trading sessions.

The current NFLT drawdown is -0.53%. The current HPS drawdown is -1.70%.

Rank	NFLT	HPS
#1	-15.17% Feb 21, 2020 - Jul 27, 2020	-69.92% Apr 10, 2007 - Jul 26, 2010
#2	-13.41% Sep 14, 2021 - May 21, 2024	-52.10% Feb 6, 2020 - Mar 31, 2021
#3	-3.72% Jan 5, 2018 - Mar 7, 2019	-29.36% Nov 1, 2021 - Jun 27, 2024
#4	-3.37% Oct 30, 2015 - Mar 21, 2016	-22.85% May 9, 2013 - Nov 25, 2014
#5	-2.89% Feb 28, 2025 - May 20, 2025	-21.28% Sep 12, 2018 - Feb 28, 2019
#6	-2.84% Oct 25, 2016 - Jan 11, 2017	-19.34% Apr 1, 2004 - Oct 15, 2004
#7	-2.41% Feb 23, 2026 - Apr 17, 2026	-17.68% Sep 8, 2016 - Jun 6, 2017
#8	-2.27% Feb 5, 2021 - Jun 9, 2021	-17.54% Sep 30, 2024 - Apr 8, 2025
#9	-1.93% Dec 9, 2024 - Jan 29, 2025	-16.38% Jun 23, 2011 - Aug 29, 2011
#10	-1.80% Oct 1, 2024 - Dec 9, 2024	-13.48% Nov 24, 2004 - Aug 21, 2006
#11	-1.64% Sep 7, 2016 - Oct 7, 2016	-11.26% Sep 24, 2010 - May 12, 2011
#12	-1.33% Mar 3, 2017 - Apr 10, 2017	-11.17% Apr 9, 2015 - Dec 23, 2015
#13	-1.13% May 8, 2026 - May 29, 2026	-11.13% Sep 1, 2011 - Oct 27, 2011
#14	-1.03% Oct 16, 2017 - Dec 4, 2017	-10.92% Oct 8, 2012 - Jan 23, 2013
#15	-0.99% Jun 13, 2024 - Jul 10, 2024	-9.00% Jul 2, 2003 - Nov 28, 2003

Correlation

Correlation between NFLT and HPS is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2003 - 2026)

NFLT vs HPS dividend yield comparison.

Year	NFLT	HPS
2026	2.84%	5.35%
2025	5.74%	9.16%
2024	5.76%	8.78%
2023	6.02%	9.34%
2022	4.16%	9.15%
2021	3.41%	7.04%
2020	3.63%	7.63%
2019	4.33%	7.41%
2018	4.81%	9.26%
2017	6.23%	7.82%
2016	5.30%	8.27%
2015	0.67%	7.53%
2014	0.00%	8.21%
2013	0.00%	9.41%
2012	0.00%	7.71%
2011	0.00%	8.54%
2010	0.00%	8.42%
2009	0.00%	9.18%
2008	0.00%	14.39%
2007	0.00%	9.88%
2006	0.00%	7.39%
2005	0.00%	9.65%
2004	0.00%	9.42%
2003	0.00%	3.60%