ICMUX vs. MNHYX
Compare and contrast key facts about Intrepid Income Fund (ICMUX) and Manning & Napier High Yield Bond Series (MNHYX).
ICMUX is managed by Intrepid Funds. It was launched on Jul 1, 2007. 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: ICMUX or MNHYX.
Key characteristics
| ICMUX | MNHYX | |
|---|---|---|
| YTD Return | 7.56% | 7.75% |
| 1Y Return | 12.11% | 14.21% |
| 3Y Return (Ann) | 5.42% | 4.78% |
| 5Y Return (Ann) | 6.94% | 6.48% |
| 10Y Return (Ann) | 4.56% | 5.55% |
| Sharpe Ratio | 6.17 | 4.37 |
| Daily Std Dev | 1.98% | 3.25% |
| Max Drawdown | -8.77% | -19.70% |
| Current Drawdown | 0.00% | -0.30% |
Correlation
The correlation between ICMUX and MNHYX is 0.45, 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.
Performance
ICMUX vs. MNHYX - Performance Comparison
The year-to-date returns for both investments are quite close, with ICMUX having a 7.56% return and MNHYX slightly higher at 7.75%. Over the past 10 years, ICMUX has underperformed MNHYX with an annualized return of 4.56%, while MNHYX has yielded a comparatively higher 5.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ICMUX vs. MNHYX - Expense Ratio Comparison
ICMUX has a 0.91% expense ratio, which is higher than MNHYX's 0.90% expense ratio.
Risk-Adjusted Performance
ICMUX vs. MNHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Intrepid Income Fund (ICMUX) 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.
Dividends
ICMUX vs. MNHYX - Dividend Comparison
ICMUX's dividend yield for the trailing twelve months is around 8.01%, more than MNHYX's 6.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICMUX Intrepid Income Fund | 8.01% | 9.10% | 8.17% | 5.99% | 5.56% | 3.35% | 3.07% | 2.86% | 3.01% | 3.53% | 4.10% | 3.45% |
MNHYX Manning & Napier High Yield Bond Series | 6.03% | 6.66% | 5.93% | 7.93% | 4.98% | 6.63% | 5.26% | 5.16% | 6.49% | 5.60% | 8.13% | 8.10% |
Drawdowns
ICMUX vs. MNHYX - Drawdown Comparison
The maximum ICMUX drawdown since its inception was -8.77%, smaller than the maximum MNHYX drawdown of -19.70%. Use the drawdown chart below to compare losses from any high point for ICMUX and MNHYX. For additional features, visit the drawdowns tool.
Volatility
ICMUX vs. MNHYX - Volatility Comparison
The current volatility for Intrepid Income Fund (ICMUX) is 0.45%, while Manning & Napier High Yield Bond Series (MNHYX) has a volatility of 0.70%. This indicates that ICMUX 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.