MNDFX vs. VALAX
Compare and contrast key facts about Manning & Napier Disciplined Value Series (MNDFX) and Al Frank Fund (VALAX).
MNDFX is managed by Manning & Napier. It was launched on Nov 7, 2008. VALAX is managed by Al Frank. It was launched on May 1, 2006.
Performance
MNDFX vs. VALAX - Performance Comparison
Loading graphics...
MNDFX vs. VALAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MNDFX Manning & Napier Disciplined Value Series | 5.01% | 15.76% | 11.60% | 5.64% | -4.22% | 22.45% | 2.44% | -28.95% | -4.30% | 23.39% |
VALAX Al Frank Fund | 1.54% | 23.57% | 13.35% | 14.05% | -13.50% | 24.97% | 10.22% | 33.98% | -7.87% | 18.09% |
Returns By Period
In the year-to-date period, MNDFX achieves a 5.01% return, which is significantly higher than VALAX's 1.54% return. Over the past 10 years, MNDFX has underperformed VALAX with an annualized return of 4.78%, while VALAX has yielded a comparatively higher 12.38% annualized return.
MNDFX
- 1D
- -0.33%
- 1M
- -4.75%
- YTD
- 5.01%
- 6M
- 9.90%
- 1Y
- 17.82%
- 3Y*
- 12.93%
- 5Y*
- 8.77%
- 10Y*
- 4.78%
VALAX
- 1D
- -0.77%
- 1M
- -6.61%
- YTD
- 1.54%
- 6M
- 7.86%
- 1Y
- 29.09%
- 3Y*
- 17.10%
- 5Y*
- 8.94%
- 10Y*
- 12.38%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MNDFX vs. VALAX - Expense Ratio Comparison
MNDFX has a 0.54% expense ratio, which is lower than VALAX's 1.24% expense ratio.
Return for Risk
MNDFX vs. VALAX — Risk / Return Rank
MNDFX
VALAX
MNDFX vs. VALAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manning & Napier Disciplined Value Series (MNDFX) and Al Frank Fund (VALAX). 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.
| MNDFX | VALAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 1.63 | -0.48 |
Sortino ratioReturn per unit of downside risk | 1.65 | 2.23 | -0.58 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.34 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 2.13 | -0.72 |
Martin ratioReturn relative to average drawdown | 5.63 | 9.00 | -3.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MNDFX | VALAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 1.63 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.51 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.64 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.39 | +0.01 |
Correlation
The correlation between MNDFX and VALAX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MNDFX vs. VALAX - Dividend Comparison
MNDFX's dividend yield for the trailing twelve months is around 9.36%, more than VALAX's 8.52% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNDFX Manning & Napier Disciplined Value Series | 9.36% | 9.64% | 10.46% | 7.81% | 9.77% | 7.31% | 1.93% | 5.18% | 15.02% | 24.95% | 4.89% | 15.83% |
VALAX Al Frank Fund | 8.52% | 8.65% | 10.32% | 5.95% | 8.62% | 6.83% | 7.17% | 13.51% | 10.73% | 10.66% | 5.32% | 9.53% |
Drawdowns
MNDFX vs. VALAX - Drawdown Comparison
The maximum MNDFX drawdown since its inception was -62.03%, roughly equal to the maximum VALAX drawdown of -61.26%. Use the drawdown chart below to compare losses from any high point for MNDFX and VALAX.
Loading graphics...
Drawdown Indicators
| MNDFX | VALAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.03% | -61.26% | -0.77% |
Max Drawdown (1Y)Largest decline over 1 year | -12.54% | -13.03% | +0.49% |
Max Drawdown (5Y)Largest decline over 5 years | -17.87% | -25.81% | +7.94% |
Max Drawdown (10Y)Largest decline over 10 years | -62.03% | -38.22% | -23.81% |
Current DrawdownCurrent decline from peak | -5.55% | -8.56% | +3.01% |
Average DrawdownAverage peak-to-trough decline | -12.11% | -10.83% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 3.08% | +0.06% |
Volatility
MNDFX vs. VALAX - Volatility Comparison
The current volatility for Manning & Napier Disciplined Value Series (MNDFX) is 3.14%, while Al Frank Fund (VALAX) has a volatility of 4.61%. This indicates that MNDFX experiences smaller price fluctuations and is considered to be less risky than VALAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MNDFX | VALAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 4.61% | -1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 8.66% | 10.48% | -1.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.53% | 18.57% | -2.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 17.70% | -3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.67% | 19.29% | +2.38% |