EXCRX vs. EXBAX
EXCRX (Manning & Napier Core Bond Series) and EXBAX (Manning & Napier Pro-Blend Moderate Term Series) are both mutual funds - EXCRX is a Intermediate Core Bond fund managed by Manning & Napier, while EXBAX is a Diversified Portfolio fund managed by Manning & Napier. Over the past 10 years, EXCRX returned 1.28%/yr vs 5.39%/yr for EXBAX. Their 0.17 correlation means their historical movements had little consistent relationship. EXCRX charges 0.65%/yr vs 1.07%/yr for EXBAX.
Performance
EXCRX vs. EXBAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXCRX achieves a -0.55% return, which is significantly lower than EXBAX's 2.14% return. Over the past 10 years, EXCRX has underperformed EXBAX with an annualized return of 1.28%, while EXBAX has yielded a comparatively higher 5.39% annualized return.
EXCRX
- 1D
- 0.00%
- 1M
- -0.92%
- 6M
- -0.68%
- YTD
- -0.55%
- 1Y
- 1.60%
- 3Y*
- 3.57%
- 5Y*
- -0.65%
- 10Y*
- 1.28%
- ALL TIME*
- 3.20%
EXBAX
- 1D
- 0.76%
- 1M
- 0.00%
- 6M
- 0.88%
- YTD
- 2.14%
- 1Y
- 6.74%
- 3Y*
- 7.03%
- 5Y*
- 2.58%
- 10Y*
- 5.39%
- ALL TIME*
- 4.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
EXCRX vs. EXBAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXCRX Manning & Napier Core Bond Series | -0.55% | 6.82% | 1.05% | 5.47% | -13.20% | -1.89% | 8.66% | 8.18% | -0.74% | 2.91% |
EXBAX Manning & Napier Pro-Blend Moderate Term Series | 2.14% | 9.29% | 6.11% | 11.13% | -14.52% | 7.97% | 14.96% | 16.15% | -3.54% | 11.59% |
Correlation
The correlation between EXCRX and EXBAX is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2005 | 0.17 |
Over the past year, EXCRX and EXBAX have become more correlated (0.59) than their long-term average of 0.17, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EXCRX vs. EXBAX — Risk / Return Rank
EXCRX
EXBAX
EXCRX vs. EXBAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manning & Napier Core Bond Series (EXCRX) and Manning & Napier Pro-Blend Moderate Term Series (EXBAX). 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.
| EXCRX | EXBAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.15 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 0.84 | -0.04 |
| Martin ratioReturn relative to average drawdown | 2.04 | 3.28 | -1.24 |
Loading charts...
Drawdowns
EXCRX vs. EXBAX - Drawdown Comparison
The maximum EXCRX drawdown since its inception was -18.70%, smaller than the maximum EXBAX drawdown of -29.86%. Use the drawdown chart below to compare losses from any high point for EXCRX and EXBAX.
Loading charts...
Drawdown Indicators
| EXCRX | EXBAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.70% | -29.86% | +11.16% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -7.37% | +4.27% |
Max Drawdown (3Y)Largest decline over 3 years | -4.93% | -7.52% | +2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -18.58% | -19.23% | +0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -18.70% | -19.23% | +0.53% |
Current DrawdownCurrent decline from peak | -3.59% | -0.34% | -3.25% |
Average DrawdownAverage peak-to-trough decline | -2.87% | -5.04% | +2.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.89% | -0.67% |
Volatility
EXCRX vs. EXBAX - Volatility Comparison
The current volatility for Manning & Napier Core Bond Series (EXCRX) is 1.07%, while Manning & Napier Pro-Blend Moderate Term Series (EXBAX) has a volatility of 2.01%. This indicates that EXCRX experiences smaller price fluctuations and is considered to be less risky than EXBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXCRX | EXBAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 2.01% | -0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 3.18% | 6.10% | -2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 7.33% | -3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.92% | 7.69% | -1.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.87% | 7.66% | -2.79% |
EXCRX vs. EXBAX - Expense Ratio Comparison
EXCRX has a 0.65% expense ratio, which is lower than EXBAX's 1.07% expense ratio.
Dividends
EXCRX vs. EXBAX - Dividend Comparison
EXCRX's dividend yield for the trailing twelve months is around 4.32%, less than EXBAX's 6.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXBAX Manning & Napier Pro-Blend Moderate Term Series | 6.71% | 5.77% | 4.57% | 2.27% | 0.99% | 6.67% | 6.31% | 4.83% | 5.08% | 6.09% | 1.81% | 0.58% |
EXCRX Manning & Napier Core Bond Series | 4.32% | 4.18% | 3.82% | 3.64% | 2.23% | 2.28% | 5.15% | 2.01% | 2.32% | 1.94% | 2.14% | 2.45% |
Frequently Asked Questions
EXCRX and EXBAX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EXBAX has higher volatility (2.01%) compared to EXCRX (1.07%). In terms of maximum drawdown, EXCRX dropped -18.70% vs EXBAX's -29.86%.
EXBAX currently has the higher Sharpe Ratio (0.85 vs 0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EXCRX and EXBAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer