FLXI vs. MANI

Last updated Jul 1, 2026

FLXI (Invesco Flexible Income ETF) and MANI (Man Active Income ETF) are both Multisector Bonds funds. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. FLXI charges 0.39%/yr vs 0.85%/yr for MANI.

Performance

FLXI vs. MANI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Flexible Income ETF (FLXI) and Man Active Income ETF (MANI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FLXI

• 1D: 0.18%
• 1M: 0.26%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MANI

• 1D: 0.01%
• 1M: 0.62%
• YTD: 4.28%
• 6M: 4.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FLXI vs. MANI - Yearly Performance Comparison

	2026 (YTD)
FLXI Invesco Flexible Income ETF	8,673.64%
MANI Man Active Income ETF	3.21%

Correlation

The correlation between FLXI and MANI is 0.41, 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 Feb 6, 2026	0.41

Return for Risk

FLXI vs. MANI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Flexible Income ETF (FLXI) 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.

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

Drawdowns

FLXI vs. MANI - Drawdown Comparison

The maximum FLXI drawdown since its inception was -3.52%, which is greater than MANI's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for FLXI and MANI.

Drawdown Indicators

	FLXI	MANI	Difference
Max Drawdown Largest peak-to-trough decline	-3.52%	-0.74%	-2.78%
Current Drawdown Current decline from peak	-0.51%	0.00%	-0.51%
Average Drawdown Average peak-to-trough decline	-1.27%	-0.10%	-1.17%

Volatility

Volatility by Period

	FLXI	MANI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13,903.83%	2.02%	+13,901.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13,903.83%	2.02%	+13,901.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13,903.83%	2.02%	+13,901.81%

FLXI vs. MANI - Expense Ratio Comparison

FLXI has a 0.39% expense ratio, which is lower than MANI's 0.85% expense ratio.

Dividends

FLXI vs. MANI - Dividend Comparison

FLXI's dividend yield for the trailing twelve months is around 1.69%, less than MANI's 4.68% yield.

Position	TTM	2025
FLXI Invesco Flexible Income ETF	1.69%	0.00%
MANI Man Active Income ETF	4.68%	3.00%

Frequently Asked Questions

Can I hold both FLXI and MANI in my portfolio?

FLXI and MANI have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLXI or MANI?

On fees, FLXI is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FLXI or MANI?

FLXI is cheaper with a 0.39% expense ratio, compared with 0.85% for MANI.

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

MANI has the higher dividend yield at 4.68%, compared with 1.69% for FLXI.

What is the main difference between FLXI and MANI?

They also come from different issuers: Invesco and Man Group. Their fees differ too: 0.39% for FLXI and 0.85% for MANI.