MANI vs. MEMA

Last updated Jun 27, 2026

MANI (Man Active Income ETF) and MEMA (Man Active Emerging Markets Alternative ETF) are both exchange-traded funds - MANI is a Multisector Bonds fund actively managed by Man Group, while MEMA is a Emerging Markets Diversified fund actively managed by Man Group. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. Both charge a 0.85% expense ratio.

Performance

MANI vs. MEMA - Performance Comparison

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

Returns By Period

In the year-to-date period, MANI achieves a 4.12% return, which is significantly lower than MEMA's 20.37% return.

MANI

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

MEMA

• 1D: -0.16%
• 1M: -4.22%
• YTD: 20.37%
• 6M: 19.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MANI vs. MEMA - Yearly Performance Comparison

	2026 (YTD)	2025
MANI Man Active Income ETF	4.12%	0.36%
MEMA Man Active Emerging Markets Alternative ETF	20.37%	2.94%

Correlation

The correlation between MANI and MEMA 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 Dec 17, 2025	0.49

Return for Risk

MANI vs. MEMA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Income ETF (MANI) and Man Active Emerging Markets Alternative ETF (MEMA). 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

MANI vs. MEMA - Drawdown Comparison

The maximum MANI drawdown since its inception was -0.74%, smaller than the maximum MEMA drawdown of -13.12%. Use the drawdown chart below to compare losses from any high point for MANI and MEMA.

Drawdown Indicators

	MANI	MEMA	Difference
Max Drawdown Largest peak-to-trough decline	-0.74%	-13.12%	+12.38%
Current Drawdown Current decline from peak	-0.10%	-6.06%	+5.96%
Average Drawdown Average peak-to-trough decline	-0.11%	-2.93%	+2.82%

Volatility

Volatility by Period

	MANI	MEMA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.03%	28.38%	-26.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.03%	28.38%	-26.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.03%	28.38%	-26.35%

MANI vs. MEMA - Expense Ratio Comparison

Both MANI and MEMA have an expense ratio of 0.85%.

Dividends

MANI vs. MEMA - Dividend Comparison

MANI's dividend yield for the trailing twelve months is around 4.69%, more than MEMA's 0.29% yield.

Position	TTM	2025
MANI Man Active Income ETF	4.69%	3.00%
MEMA Man Active Emerging Markets Alternative ETF	0.29%	0.00%

Frequently Asked Questions

Can I hold both MANI and MEMA in my portfolio?

MANI and MEMA 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 MEMA?

Both ETFs have the same 0.85% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MANI or MEMA?

MANI and MEMA have the same expense ratio: 0.85% per year.

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

MANI has the higher dividend yield at 4.69%, compared with 0.29% for MEMA.

What is the main difference between MANI and MEMA?

MANI is categorized as Multisector Bonds, while MEMA is Emerging Markets Diversified.