LSYIX vs. MNHYX
Compare and contrast key facts about Lord Abbett Short Duration High Yield Fund (LSYIX) and Manning & Napier High Yield Bond Series (MNHYX).
LSYIX is managed by Lord Abbett. It was launched on Apr 30, 2020. 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: LSYIX or MNHYX.
Correlation
The correlation between LSYIX and MNHYX is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LSYIX vs. MNHYX - Performance Comparison
Key characteristics
LSYIX:
2.97
MNHYX:
4.30
LSYIX:
5.54
MNHYX:
6.88
LSYIX:
1.81
MNHYX:
2.02
LSYIX:
6.34
MNHYX:
8.30
LSYIX:
21.62
MNHYX:
29.75
LSYIX:
0.44%
MNHYX:
0.36%
LSYIX:
3.19%
MNHYX:
2.51%
LSYIX:
-10.94%
MNHYX:
-19.69%
LSYIX:
-0.10%
MNHYX:
-0.10%
Returns By Period
In the year-to-date period, LSYIX achieves a 1.09% return, which is significantly lower than MNHYX's 1.75% return.
LSYIX
1.09%
0.68%
3.81%
9.63%
N/A
N/A
MNHYX
1.75%
0.63%
3.64%
10.78%
5.56%
5.63%
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LSYIX vs. MNHYX - Expense Ratio Comparison
LSYIX has a 0.45% expense ratio, which is lower than MNHYX's 0.90% expense ratio.
Risk-Adjusted Performance
LSYIX vs. MNHYX — Risk-Adjusted Performance Rank
LSYIX
MNHYX
LSYIX vs. MNHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYIX) 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
LSYIX vs. MNHYX - Dividend Comparison
LSYIX's dividend yield for the trailing twelve months is around 8.33%, more than MNHYX's 6.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSYIX Lord Abbett Short Duration High Yield Fund | 8.33% | 8.40% | 7.84% | 6.66% | 5.60% | 4.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MNHYX Manning & Napier High Yield Bond Series | 6.15% | 6.40% | 6.67% | 5.67% | 4.57% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 4.97% |
Drawdowns
LSYIX vs. MNHYX - Drawdown Comparison
The maximum LSYIX drawdown since its inception was -10.94%, smaller than the maximum MNHYX drawdown of -19.69%. Use the drawdown chart below to compare losses from any high point for LSYIX and MNHYX. For additional features, visit the drawdowns tool.
Volatility
LSYIX vs. MNHYX - Volatility Comparison
Lord Abbett Short Duration High Yield Fund (LSYIX) has a higher volatility of 0.76% compared to Manning & Napier High Yield Bond Series (MNHYX) at 0.67%. This indicates that LSYIX's price experiences larger fluctuations and is considered to be riskier than MNHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.