CFICX vs. MNHYX
Compare and contrast key facts about Calvert Income Fund (CFICX) and Manning & Napier High Yield Bond Series (MNHYX).
CFICX is managed by Calvert Research and Management. It was launched on Oct 12, 1982. MNHYX is managed by Manning & Napier. It was launched on Sep 14, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CFICX or MNHYX.
Key characteristics
| CFICX | MNHYX | |
|---|---|---|
| YTD Return | 4.28% | 9.45% |
| 1Y Return | 12.32% | 15.65% |
| 3Y Return (Ann) | -1.56% | 3.51% |
| 5Y Return (Ann) | 1.23% | 5.93% |
| 10Y Return (Ann) | 2.67% | 5.12% |
| Sharpe Ratio | 2.21 | 5.83 |
| Sortino Ratio | 3.34 | 10.42 |
| Omega Ratio | 1.42 | 2.61 |
| Calmar Ratio | 0.78 | 3.65 |
| Martin Ratio | 10.36 | 53.74 |
| Ulcer Index | 1.20% | 0.29% |
| Daily Std Dev | 5.65% | 2.70% |
| Max Drawdown | -20.79% | -19.69% |
| Current Drawdown | -5.62% | -0.20% |
Correlation
The correlation between CFICX and MNHYX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CFICX vs. MNHYX - Performance Comparison
In the year-to-date period, CFICX achieves a 4.28% return, which is significantly lower than MNHYX's 9.45% return. Over the past 10 years, CFICX has underperformed MNHYX with an annualized return of 2.67%, while MNHYX has yielded a comparatively higher 5.12% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CFICX vs. MNHYX - Expense Ratio Comparison
CFICX has a 0.92% expense ratio, which is higher than MNHYX's 0.90% expense ratio.
Risk-Adjusted Performance
CFICX vs. MNHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calvert Income Fund (CFICX) and Manning & Napier High Yield Bond Series (MNHYX). 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.
Dividends
CFICX vs. MNHYX - Dividend Comparison
CFICX's dividend yield for the trailing twelve months is around 5.31%, less than MNHYX's 5.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CFICX Calvert Income Fund | 5.31% | 4.67% | 3.84% | 2.70% | 2.98% | 3.25% | 3.60% | 2.95% | 3.22% | 2.88% | 2.93% | 2.79% |
MNHYX Manning & Napier High Yield Bond Series | 5.98% | 6.67% | 5.67% | 4.57% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 4.97% | 5.00% |
Drawdowns
CFICX vs. MNHYX - Drawdown Comparison
The maximum CFICX drawdown since its inception was -20.79%, which is greater than MNHYX's maximum drawdown of -19.69%. Use the drawdown chart below to compare losses from any high point for CFICX and MNHYX. For additional features, visit the drawdowns tool.
Volatility
CFICX vs. MNHYX - Volatility Comparison
Calvert Income Fund (CFICX) has a higher volatility of 1.54% compared to Manning & Napier High Yield Bond Series (MNHYX) at 0.65%. This indicates that CFICX's price experiences larger fluctuations and is considered to be riskier than MNHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.