MANI vs. BLUI

Last updated Jun 27, 2026

MANI (Man Active Income ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. At a 0.49 correlation, their price movements are largely independent. MANI charges 0.85%/yr vs 0.75%/yr for BLUI.

Performance

MANI vs. BLUI - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with MANI having a 4.12% return and BLUI slightly lower at 4.05%.

MANI

• 1D: -0.10%
• 1M: 0.57%
• YTD: 4.12%
• 6M: 4.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLUI

• 1D: 0.24%
• 1M: 0.48%
• YTD: 4.05%
• 6M: 3.96%
• 1Y: 7.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MANI vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
MANI Man Active Income ETF	4.12%	2.30%
BLUI Bluemonte Diversified Income ETF	4.05%	1.00%

Correlation

The correlation between MANI and BLUI is 0.49, 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 Sep 18, 2025	0.49

Return for Risk

MANI vs. BLUI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MANI

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

BLUI

BLUI Risk / Return Rank: 78
BLUI Sharpe Ratio Rank: 74
BLUI Sortino Ratio Rank: 79
BLUI Omega Ratio Rank: 80
BLUI Calmar Ratio Rank: 74
BLUI Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MANI vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Income ETF (MANI) and Bluemonte Diversified Income ETF (BLUI). 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.

	MANI	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.04	—
Sortino ratio: Return per unit of downside risk	—	3.01	—
Omega ratio: Gain probability vs. loss probability	—	1.40	—
Calmar ratio: Return relative to maximum drawdown	—	3.22	—
Martin ratio: Return relative to average drawdown	—	14.07	—

Drawdowns

MANI vs. BLUI - Drawdown Comparison

The maximum MANI drawdown since its inception was -0.74%, smaller than the maximum BLUI drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for MANI and BLUI.

Drawdown Indicators

	MANI	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-0.74%	-2.43%	+1.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.43%	—
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-0.11%	-0.36%	+0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.56%	—

Volatility

Volatility by Period

	MANI	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.03%	3.85%	-1.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.03%	3.89%	-1.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.03%	3.89%	-1.86%

MANI vs. BLUI - Expense Ratio Comparison

MANI has a 0.85% expense ratio, which is higher than BLUI's 0.75% expense ratio.

Dividends

MANI vs. BLUI - Dividend Comparison

MANI's dividend yield for the trailing twelve months is around 4.69%, less than BLUI's 5.04% yield.

Position	TTM	2025
BLUI Bluemonte Diversified Income ETF	5.04%	2.91%
MANI Man Active Income ETF	4.69%	3.00%

Frequently Asked Questions

Can I hold both MANI and BLUI in my portfolio?

MANI and BLUI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MANI or BLUI?

On fees, BLUI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MANI or BLUI?

BLUI is cheaper with a 0.75% expense ratio, compared with 0.85% for MANI.

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

BLUI has the higher dividend yield at 5.04%, compared with 4.69% for MANI.

What is the main difference between MANI and BLUI?

They also come from different issuers: Man Group and Bluemonte. Their fees differ too: 0.85% for MANI and 0.75% for BLUI.