AGGA vs. MANI

Last updated Jun 23, 2026

AGGA (Astoria Dynamic Core US Fixed Income ETF) and MANI (Man Active Income ETF) are both Multisector Bonds funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined. AGGA charges 0.55%/yr vs 0.85%/yr for MANI.

Performance

AGGA vs. MANI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Astoria Dynamic Core US Fixed Income ETF (AGGA) and Man Active Income ETF (MANI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGGA achieves a 0.86% return, which is significantly lower than MANI's 4.20% return.

AGGA

• 1D: -0.14%
• 1M: 0.38%
• YTD: 0.86%
• 6M: 1.00%
• 1Y: 4.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MANI

• 1D: 0.04%
• 1M: 0.75%
• YTD: 4.20%
• 6M: 4.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGGA vs. MANI - Yearly Performance Comparison

	2026 (YTD)	2025
AGGA Astoria Dynamic Core US Fixed Income ETF	0.86%	0.87%
MANI Man Active Income ETF	4.20%	2.30%

Correlation

The correlation between AGGA and MANI is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025	0.53

Return for Risk

AGGA vs. MANI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGGA

AGGA Risk / Return Rank: 66
AGGA Sharpe Ratio Rank: 63
AGGA Sortino Ratio Rank: 70
AGGA Omega Ratio Rank: 67
AGGA Calmar Ratio Rank: 62
AGGA Martin Ratio Rank: 66

MANI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGGA vs. MANI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Astoria Dynamic Core US Fixed Income ETF (AGGA) and Man Active Income ETF (MANI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AGGA	MANI	Difference
Sharpe ratio: Return per unit of total volatility	2.01	—	—
Sortino ratio: Return per unit of downside risk	3.04	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.96	—	—
Martin ratio: Return relative to average drawdown	11.83	—	—

Drawdowns

AGGA vs. MANI - Drawdown Comparison

The maximum AGGA drawdown since its inception was -1.47%, which is greater than MANI's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for AGGA and MANI.

Drawdown Indicators

	AGGA	MANI	Difference
Max Drawdown Largest peak-to-trough decline	-1.47%	-0.74%	-0.73%
Max Drawdown (1Y) Largest decline over 1 year	-1.47%	—	—
Current Drawdown Current decline from peak	-0.26%	0.00%	-0.26%
Average Drawdown Average peak-to-trough decline	-0.22%	-0.11%	-0.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	—	—

Volatility

Volatility by Period

	AGGA	MANI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.16%	2.03%	+0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.24%	2.03%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.24%	2.03%	+0.21%

AGGA vs. MANI - Expense Ratio Comparison

AGGA has a 0.55% expense ratio, which is lower than MANI's 0.85% expense ratio.

Dividends

AGGA vs. MANI - Dividend Comparison

AGGA's dividend yield for the trailing twelve months is around 4.25%, more than MANI's 3.17% yield.

Position	TTM	2025
AGGA Astoria Dynamic Core US Fixed Income ETF	4.25%	2.81%
MANI Man Active Income ETF	3.17%	3.00%

Frequently Asked Questions

Can I hold both AGGA and MANI in my portfolio?

AGGA and MANI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AGGA or MANI?

On fees, AGGA is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AGGA or MANI?

AGGA is cheaper with a 0.55% expense ratio, compared with 0.85% for MANI.

Which ETF pays a higher dividend yield, AGGA or MANI?

AGGA has the higher dividend yield at 4.25%, compared with 3.17% for MANI.

What is the main difference between AGGA and MANI?

They also come from different issuers: Astoria and Man Group. Their fees differ too: 0.55% for AGGA and 0.85% for MANI.