MCDWX vs. DUTMX
MCDWX (Manning & Napier Credit Series) and DUTMX (Dupree Taxable Municipal Bond Fund) are both Intermediate Core Bond funds. Over the past 5 years, MCDWX returned 1.49%/yr vs -2.63%/yr for DUTMX. A 0.79 correlation means they provide meaningful diversification when combined. MCDWX charges 0.10%/yr vs 1.00%/yr for DUTMX.
Performance
MCDWX vs. DUTMX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MCDWX achieves a 0.78% return, which is significantly lower than DUTMX's 1.56% return.
MCDWX
- 1D
- 0.22%
- 1M
- 0.72%
- YTD
- 0.78%
- 6M
- 1.00%
- 1Y
- 5.11%
- 3Y*
- 5.62%
- 5Y*
- 1.49%
- 10Y*
- —
DUTMX
- 1D
- 0.27%
- 1M
- 1.89%
- YTD
- 1.56%
- 6M
- 2.11%
- 1Y
- 6.44%
- 3Y*
- 3.63%
- 5Y*
- -2.63%
- 10Y*
- 0.47%
MCDWX vs. DUTMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MCDWX Manning & Napier Credit Series | 0.78% | 7.57% | 4.13% | 7.31% | -11.13% | 0.01% | 8.77% |
DUTMX Dupree Taxable Municipal Bond Fund | 1.56% | 6.44% | 1.09% | 6.83% | -25.27% | 0.28% | 4.39% |
Correlation
The correlation between MCDWX and DUTMX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2020 | 0.79 |
The correlation between MCDWX and DUTMX has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MCDWX vs. DUTMX — Risk / Return Rank
MCDWX
DUTMX
MCDWX vs. DUTMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manning & Napier Credit Series (MCDWX) and Dupree Taxable Municipal Bond Fund (DUTMX). 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.
| MCDWX | DUTMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.22 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 1.63 | +0.79 |
| Martin ratioReturn relative to average drawdown | 7.54 | 4.80 | +2.74 |
Loading charts...
Drawdowns
MCDWX vs. DUTMX - Drawdown Comparison
The maximum MCDWX drawdown since its inception was -15.96%, smaller than the maximum DUTMX drawdown of -30.53%. Use the drawdown chart below to compare losses from any high point for MCDWX and DUTMX.
Loading charts...
Drawdown Indicators
| MCDWX | DUTMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.96% | -30.53% | +14.57% |
Max Drawdown (1Y)Largest decline over 1 year | -2.17% | -4.05% | +1.88% |
Max Drawdown (3Y)Largest decline over 3 years | -4.22% | -7.80% | +3.58% |
Max Drawdown (5Y)Largest decline over 5 years | -15.96% | -30.53% | +14.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.53% | — |
Current DrawdownCurrent decline from peak | -0.73% | -14.23% | +13.50% |
Average DrawdownAverage peak-to-trough decline | -4.12% | -6.97% | +2.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 1.38% | -0.69% |
Volatility
MCDWX vs. DUTMX - Volatility Comparison
The current volatility for Manning & Napier Credit Series (MCDWX) is 0.95%, while Dupree Taxable Municipal Bond Fund (DUTMX) has a volatility of 1.25%. This indicates that MCDWX experiences smaller price fluctuations and is considered to be less risky than DUTMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MCDWX | DUTMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.95% | 1.25% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 2.24% | 3.80% | -1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.89% | 5.53% | -2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.63% | 8.81% | -4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.37% | 7.08% | -2.71% |
MCDWX vs. DUTMX - Expense Ratio Comparison
MCDWX has a 0.10% expense ratio, which is lower than DUTMX's 1.00% expense ratio.
Dividends
MCDWX vs. DUTMX - Dividend Comparison
MCDWX's dividend yield for the trailing twelve months is around 4.46%, which matches DUTMX's 4.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUTMX Dupree Taxable Municipal Bond Fund | 4.46% | 4.57% | 4.26% | 4.02% | 4.28% | 2.32% | 4.69% | 5.18% | 5.04% | 4.89% | 4.84% | 4.77% |
MCDWX Manning & Napier Credit Series | 4.46% | 4.83% | 4.41% | 4.48% | 3.25% | 4.45% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MCDWX and DUTMX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DUTMX has higher volatility (1.25%) compared to MCDWX (0.95%). In terms of maximum drawdown, MCDWX dropped -15.96% vs DUTMX's -30.53%.
MCDWX currently has the higher Sharpe Ratio (1.82 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MCDWX and DUTMX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer