MATE vs. PLGI

Last updated Jun 23, 2026

MATE (Man Active Trend Enhanced ETF) and PLGI (PL Growth and Income ETF) are both Tactical Allocation funds. Both are actively managed. At a 0.45 correlation, their price movements are largely independent. MATE charges 0.97%/yr vs 1.25%/yr for PLGI.

Performance

MATE vs. PLGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Man Active Trend Enhanced ETF (MATE) and PL Growth and Income ETF (PLGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MATE achieves a 17.50% return, which is significantly higher than PLGI's -3.60% return.

MATE

• 1D: -0.11%
• 1M: -1.12%
• YTD: 17.50%
• 6M: 16.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLGI

• 1D: -0.69%
• 1M: -2.14%
• YTD: -3.60%
• 6M: -4.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MATE vs. PLGI - Yearly Performance Comparison

	2026 (YTD)	2025
MATE Man Active Trend Enhanced ETF	17.50%	2.65%
PLGI PL Growth and Income ETF	-3.60%	0.28%

Correlation

The correlation between MATE and PLGI 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 Dec 17, 2025	0.45

Return for Risk

MATE vs. PLGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active Trend Enhanced ETF (MATE) and PL Growth and Income ETF (PLGI). 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

MATE vs. PLGI - Drawdown Comparison

The maximum MATE drawdown since its inception was -13.24%, which is greater than PLGI's maximum drawdown of -7.26%. Use the drawdown chart below to compare losses from any high point for MATE and PLGI.

Drawdown Indicators

	MATE	PLGI	Difference
Max Drawdown Largest peak-to-trough decline	-13.24%	-7.26%	-5.98%
Current Drawdown Current decline from peak	-2.78%	-5.63%	+2.85%
Average Drawdown Average peak-to-trough decline	-3.33%	-2.71%	-0.62%

Volatility

Volatility by Period

	MATE	PLGI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	22.97%	12.55%	+10.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.97%	12.55%	+10.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.97%	12.55%	+10.42%

MATE vs. PLGI - Expense Ratio Comparison

MATE has a 0.97% expense ratio, which is lower than PLGI's 1.25% expense ratio.

Dividends

MATE vs. PLGI - Dividend Comparison

MATE has not paid dividends to shareholders, while PLGI's dividend yield for the trailing twelve months is around 0.02%.

Position	TTM
MATE Man Active Trend Enhanced ETF	0.00%
PLGI PL Growth and Income ETF	0.02%

Frequently Asked Questions

Can I hold both MATE and PLGI in my portfolio?

MATE and PLGI 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, MATE or PLGI?

On fees, MATE is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MATE or PLGI?

MATE is cheaper with a 0.97% expense ratio, compared with 1.25% for PLGI.

Which ETF pays a higher dividend yield, MATE or PLGI?

PLGI has the higher dividend yield at 0.02%, compared with 0.00% for MATE.

What is the main difference between MATE and PLGI?

They also come from different issuers: Man Group and Shalva Asset Management. Their fees differ too: 0.97% for MATE and 1.25% for PLGI.