Correlation
The correlation between FSHGX and MNHYX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
FSHGX vs. MNHYX
Compare and contrast key facts about Fidelity SAI High Income Fund (FSHGX) and Manning & Napier High Yield Bond Series (MNHYX).
FSHGX is managed by Fidelity Investments. It was launched on May 20, 2021. MNHYX is managed by Manning & Napier. It was launched on Sep 14, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHGX or MNHYX.
Performance
FSHGX vs. MNHYX - Performance Comparison
Loading data...
Key characteristics
FSHGX:
2.45
MNHYX:
1.96
FSHGX:
3.23
MNHYX:
2.52
FSHGX:
1.53
MNHYX:
1.43
FSHGX:
2.25
MNHYX:
1.59
FSHGX:
9.50
MNHYX:
6.22
FSHGX:
0.93%
MNHYX:
1.13%
FSHGX:
3.90%
MNHYX:
3.67%
FSHGX:
-15.08%
MNHYX:
-19.69%
FSHGX:
-0.22%
MNHYX:
-1.24%
Returns By Period
In the year-to-date period, FSHGX achieves a 1.90% return, which is significantly higher than MNHYX's 0.88% return.
FSHGX
1.90%
1.10%
1.83%
9.62%
5.98%
N/A
N/A
MNHYX
0.88%
1.15%
0.58%
7.14%
6.79%
8.19%
5.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSHGX vs. MNHYX - Expense Ratio Comparison
FSHGX has a 0.60% expense ratio, which is lower than MNHYX's 0.90% expense ratio.
Risk-Adjusted Performance
FSHGX vs. MNHYX — Risk-Adjusted Performance Rank
FSHGX
MNHYX
FSHGX vs. MNHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI High Income Fund (FSHGX) and Manning & Napier High Yield Bond Series (MNHYX). 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.
Loading data...
Dividends
FSHGX vs. MNHYX - Dividend Comparison
FSHGX's dividend yield for the trailing twelve months is around 6.27%, less than MNHYX's 7.25% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHGX Fidelity SAI High Income Fund | 6.27% | 6.15% | 5.47% | 5.21% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MNHYX Manning & Napier High Yield Bond Series | 7.25% | 6.40% | 6.67% | 5.93% | 7.93% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 8.14% |
Drawdowns
FSHGX vs. MNHYX - Drawdown Comparison
The maximum FSHGX drawdown since its inception was -15.08%, smaller than the maximum MNHYX drawdown of -19.69%. Use the drawdown chart below to compare losses from any high point for FSHGX and MNHYX.
Loading data...
Volatility
FSHGX vs. MNHYX - Volatility Comparison
The current volatility for Fidelity SAI High Income Fund (FSHGX) is 1.16%, while Manning & Napier High Yield Bond Series (MNHYX) has a volatility of 1.24%. This indicates that FSHGX experiences smaller price fluctuations and is considered to be less risky than MNHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...