FIXP vs. MANI

Last updated Aug 2, 2026

FIXP (FolioBeyond Enhanced Fixed Income Premium ETF) and MANI (Man Active Income ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.38 correlation means their historical movements had little consistent relationship. FIXP charges 1.01%/yr vs 0.85%/yr for MANI.

Performance

FIXP vs. MANI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) 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, FIXP achieves a 2.32% return, which is significantly lower than MANI's 4.94% return.

FIXP

• 1D: 0.23%
• 1M: 0.28%
• 6M: 2.11%
• YTD: 2.32%
• 1Y: 6.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.59%

MANI

• 1D: 0.16%
• 1M: 0.49%
• 6M: 3.73%
• YTD: 4.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FIXP FolioBeyond Enhanced Fixed Income Premium ETF	$17.88K	$15.65K	$29.67K
MANI Man Active Income ETF	$12.79K	$28.11K	$69.51K

FIXP vs. MANI - Yearly Performance Comparison

	2026 (YTD)	2025
FIXP FolioBeyond Enhanced Fixed Income Premium ETF	2.32%	2.44%
MANI Man Active Income ETF	4.94%	2.30%

Correlation

The correlation between FIXP and MANI is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025	0.38

Return for Risk

FIXP vs. MANI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FIXP

FIXP Risk / Return Rank: 84
FIXP Sharpe Ratio Rank: 82
FIXP Sortino Ratio Rank: 85
FIXP Omega Ratio Rank: 85
FIXP Calmar Ratio Rank: 82
FIXP Martin Ratio Rank: 88

MANI

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FIXP vs. MANI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FolioBeyond Enhanced Fixed Income Premium ETF (FIXP) 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.

	FIXP	MANI	Difference
Sharpe ratio: Return per unit of total volatility	1.91	—	—
Sortino ratio: Return per unit of downside risk	2.84	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.03	—	—
Martin ratio: Return relative to average drawdown	13.46	—	—

Drawdowns

FIXP vs. MANI - Drawdown Comparison

The maximum FIXP drawdown since its inception was -3.42%, which is greater than MANI's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for FIXP and MANI.

Drawdown Indicators

	FIXP	MANI	Difference
Max Drawdown Largest peak-to-trough decline	-3.42%	-0.74%	-2.68%
Max Drawdown (1Y) Largest decline over 1 year	-2.14%	—	—
Current Drawdown Current decline from peak	-0.25%	0.00%	-0.25%
Average Drawdown Average peak-to-trough decline	-0.51%	-0.10%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	—	—

Volatility

Volatility by Period

	FIXP	MANI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.39%	1.96%	+1.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.91%	1.96%	+1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.91%	1.96%	+1.95%

FIXP vs. MANI - Expense Ratio Comparison

FIXP has a 1.01% expense ratio, which is higher than MANI's 0.85% expense ratio.

Dividends

FIXP vs. MANI - Dividend Comparison

FIXP's dividend yield for the trailing twelve months is around 5.17%, more than MANI's 4.65% yield.

Position	TTM	2025
FIXP FolioBeyond Enhanced Fixed Income Premium ETF	5.17%	5.27%
MANI Man Active Income ETF	4.65%	3.00%

Frequently Asked Questions

Can I hold both FIXP and MANI in my portfolio?

FIXP and MANI have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FIXP or MANI?

On fees, MANI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FIXP or MANI?

MANI is cheaper with a 0.85% expense ratio, compared with 1.01% for FIXP.

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

FIXP has the higher dividend yield at 5.17%, compared with 4.65% for MANI.

What is the main difference between FIXP and MANI?

They also come from different issuers: FolioBeyond and Man Group. Their fees differ too: 1.01% for FIXP and 0.85% for MANI.