MANI vs. RJVI

Last updated Jun 23, 2026

MANI (Man Active Income ETF) and RJVI (RJ Eagle Vertical Income ETF) are both Multisector Bonds funds. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. MANI charges 0.85%/yr vs 0.51%/yr for RJVI.

Performance

MANI vs. RJVI - Performance Comparison

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

Returns By Period

In the year-to-date period, MANI achieves a 4.20% return, which is significantly higher than RJVI's 1.83% return.

MANI

• 1D: 0.04%
• 1M: 0.75%
• YTD: 4.20%
• 6M: 4.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RJVI

• 1D: -0.16%
• 1M: 0.02%
• YTD: 1.83%
• 6M: 1.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MANI vs. RJVI - Yearly Performance Comparison

	2026 (YTD)	2025
MANI Man Active Income ETF	4.20%	2.10%
RJVI RJ Eagle Vertical Income ETF	1.83%	0.52%

Correlation

The correlation between MANI and RJVI is 0.45, 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 Oct 2, 2025	0.45

Return for Risk

MANI vs. RJVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Income ETF (MANI) and RJ Eagle Vertical Income ETF (RJVI). 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. RJVI - Drawdown Comparison

The maximum MANI drawdown since its inception was -0.74%, smaller than the maximum RJVI drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for MANI and RJVI.

Drawdown Indicators

	MANI	RJVI	Difference
Max Drawdown Largest peak-to-trough decline	-0.74%	-3.12%	+2.38%
Current Drawdown Current decline from peak	0.00%	-1.33%	+1.33%
Average Drawdown Average peak-to-trough decline	-0.11%	-1.03%	+0.92%

Volatility

Volatility by Period

	MANI	RJVI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.03%	4.17%	-2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.03%	4.17%	-2.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.03%	4.17%	-2.14%

MANI vs. RJVI - Expense Ratio Comparison

MANI has a 0.85% expense ratio, which is higher than RJVI's 0.51% expense ratio.

Dividends

MANI vs. RJVI - Dividend Comparison

MANI's dividend yield for the trailing twelve months is around 3.17%, more than RJVI's 2.61% yield.

Position	TTM	2025
MANI Man Active Income ETF	3.17%	3.00%
RJVI RJ Eagle Vertical Income ETF	2.61%	0.93%

Frequently Asked Questions

Can I hold both MANI and RJVI in my portfolio?

MANI and RJVI have a correlation of 0.45, 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 RJVI?

On fees, RJVI is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MANI or RJVI?

RJVI is cheaper with a 0.51% expense ratio, compared with 0.85% for MANI.

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

MANI has the higher dividend yield at 3.17%, compared with 2.61% for RJVI.

What is the main difference between MANI and RJVI?

They also come from different issuers: Man Group and Carillon Tower Advisers. Their fees differ too: 0.85% for MANI and 0.51% for RJVI.