DIAL vs. MANI
DIAL (Columbia Diversified Fixed Income Allocation ETF) and MANI (Man Active Income ETF) are both Multisector Bonds funds. DIAL is passively managed, while MANI is actively managed. At a 0.46 correlation, their price movements are largely independent. DIAL charges 0.29%/yr vs 0.85%/yr for MANI.
Performance
DIAL vs. MANI - Performance Comparison
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Returns By Period
In the year-to-date period, DIAL achieves a 0.94% return, which is significantly lower than MANI's 4.19% return.
DIAL
- 1D
- -0.03%
- 1M
- 0.61%
- YTD
- 0.94%
- 6M
- 1.01%
- 1Y
- 5.59%
- 3Y*
- 5.87%
- 5Y*
- 0.63%
- 10Y*
- —
MANI
- 1D
- -0.01%
- 1M
- 0.75%
- YTD
- 4.19%
- 6M
- 4.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DIAL vs. MANI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DIAL Columbia Diversified Fixed Income Allocation ETF | 0.94% | 0.79% |
MANI Man Active Income ETF | 4.19% | 2.30% |
Correlation
The correlation between DIAL and MANI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025 | 0.46 |
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Return for Risk
DIAL vs. MANI — Risk / Return Rank
DIAL
MANI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DIAL vs. MANI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Diversified Fixed Income Allocation ETF (DIAL) 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.
| DIAL | MANI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | — | — |
| Martin ratioReturn relative to average drawdown | 6.39 | — | — |
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Drawdowns
DIAL vs. MANI - Drawdown Comparison
The maximum DIAL drawdown since its inception was -22.19%, which is greater than MANI's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for DIAL and MANI.
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Drawdown Indicators
| DIAL | MANI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.19% | -0.74% | -21.45% |
Max Drawdown (1Y)Largest decline over 1 year | -3.34% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -7.01% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.19% | — | — |
Current DrawdownCurrent decline from peak | -0.83% | -0.01% | -0.82% |
Average DrawdownAverage peak-to-trough decline | -5.51% | -0.11% | -5.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.88% | — | — |
Volatility
DIAL vs. MANI - Volatility Comparison
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Volatility by Period
| DIAL | MANI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.38% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.16% | 2.03% | +2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.05% | 2.03% | +5.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.02% | 2.03% | +4.99% |
DIAL vs. MANI - Expense Ratio Comparison
DIAL has a 0.29% expense ratio, which is lower than MANI's 0.85% expense ratio.
Dividends
DIAL vs. MANI - Dividend Comparison
DIAL's dividend yield for the trailing twelve months is around 5.05%, more than MANI's 3.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIAL Columbia Diversified Fixed Income Allocation ETF | 5.05% | 4.81% | 4.67% | 3.77% | 3.47% | 2.46% | 2.61% | 3.27% | 3.56% | 0.65% |
MANI Man Active Income ETF | 3.17% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DIAL and MANI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DIAL is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DIAL is cheaper with a 0.29% expense ratio, compared with 0.85% for MANI.
DIAL has the higher dividend yield at 5.05%, compared with 3.17% for MANI.
They also come from different issuers: Ameriprise Financial and Man Group. Their fees differ too: 0.29% for DIAL and 0.85% for MANI.
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