DYLD vs. MANI

Last updated Jun 24, 2026

DYLD (LeaderShares Dynamic Yield ETF) and MANI (Man Active Income ETF) are both Multisector Bonds funds. Both are actively managed. At a 0.40 correlation, their price movements are largely independent. DYLD charges 0.75%/yr vs 0.85%/yr for MANI.

Performance

DYLD vs. MANI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LeaderShares Dynamic Yield ETF (DYLD) 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, DYLD achieves a 1.07% return, which is significantly lower than MANI's 4.19% return.

DYLD

• 1D: 0.01%
• 1M: 0.36%
• YTD: 1.07%
• 6M: 1.20%
• 1Y: 3.71%
• 3Y*: 4.43%
• 5Y*: —
• 10Y*: —

MANI

• 1D: -0.01%
• 1M: 0.75%
• YTD: 4.19%
• 6M: 4.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DYLD vs. MANI - Yearly Performance Comparison

	2026 (YTD)	2025
DYLD LeaderShares Dynamic Yield ETF	1.07%	0.47%
MANI Man Active Income ETF	4.19%	2.30%

Correlation

The correlation between DYLD and MANI is 0.40, 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	0.40

Return for Risk

DYLD vs. MANI — Risk / Return Rank

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

DYLD

DYLD Risk / Return Rank: 54
DYLD Sharpe Ratio Rank: 47
DYLD Sortino Ratio Rank: 50
DYLD Omega Ratio Rank: 50
DYLD Calmar Ratio Rank: 62
DYLD Martin Ratio Rank: 62

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.

DYLD vs. MANI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LeaderShares Dynamic Yield ETF (DYLD) 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.

	DYLD	MANI	Difference
Sharpe ratio: Return per unit of total volatility	1.52	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.82	—	—
Martin ratio: Return relative to average drawdown	10.27	—	—

Drawdowns

DYLD vs. MANI - Drawdown Comparison

The maximum DYLD drawdown since its inception was -15.03%, which is greater than MANI's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for DYLD and MANI.

Drawdown Indicators

	DYLD	MANI	Difference
Max Drawdown Largest peak-to-trough decline	-15.03%	-0.74%	-14.29%
Max Drawdown (1Y) Largest decline over 1 year	-1.32%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.40%	—	—
Current Drawdown Current decline from peak	-0.13%	-0.01%	-0.12%
Average Drawdown Average peak-to-trough decline	-5.12%	-0.11%	-5.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	—	—

Volatility

Volatility by Period

	DYLD	MANI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.48%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.45%	2.03%	+0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.37%	2.03%	+2.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.37%	2.03%	+2.34%

DYLD vs. MANI - Expense Ratio Comparison

DYLD has a 0.75% expense ratio, which is lower than MANI's 0.85% expense ratio.

Dividends

DYLD vs. MANI - Dividend Comparison

DYLD's dividend yield for the trailing twelve months is around 4.33%, more than MANI's 3.17% yield.

Position	TTM	2025	2024	2023	2022	2021
DYLD LeaderShares Dynamic Yield ETF	4.33%	4.20%	4.58%	3.43%	1.54%	1.02%
MANI Man Active Income ETF	3.17%	3.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DYLD and MANI in my portfolio?

DYLD and MANI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DYLD or MANI?

On fees, DYLD is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DYLD or MANI?

DYLD is cheaper with a 0.75% expense ratio, compared with 0.85% for MANI.

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

DYLD has the higher dividend yield at 4.33%, compared with 3.17% for MANI.

What is the main difference between DYLD and MANI?

They also come from different issuers: LeaderShares and Man Group. Their fees differ too: 0.75% for DYLD and 0.85% for MANI.