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MNHAX vs. SHYPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MNHAX vs. SHYPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Manning & Napier High Yield Bond I (MNHAX) and American Beacon SiM High Yld Opps Fund (SHYPX). The values are adjusted to include any dividend payments, if applicable.

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MNHAX vs. SHYPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MNHAX
Manning & Napier High Yield Bond I
-1.05%6.90%9.29%13.49%-7.38%10.27%6.58%14.25%-0.98%8.68%
SHYPX
American Beacon SiM High Yld Opps Fund
0.05%9.15%10.25%13.26%-8.39%8.34%6.08%12.05%-1.46%7.14%

Returns By Period

In the year-to-date period, MNHAX achieves a -1.05% return, which is significantly lower than SHYPX's 0.05% return. Both investments have delivered pretty close results over the past 10 years, with MNHAX having a 6.80% annualized return and SHYPX not far behind at 6.63%.


MNHAX

1D
0.63%
1M
-1.75%
YTD
-1.05%
6M
0.13%
1Y
4.72%
3Y*
8.65%
5Y*
5.44%
10Y*
6.80%

SHYPX

1D
0.43%
1M
-1.27%
YTD
0.05%
6M
1.77%
1Y
7.73%
3Y*
9.24%
5Y*
5.43%
10Y*
6.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MNHAX vs. SHYPX - Expense Ratio Comparison

MNHAX has a 0.66% expense ratio, which is lower than SHYPX's 1.10% expense ratio.


Return for Risk

MNHAX vs. SHYPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MNHAX
MNHAX Risk / Return Rank: 6363
Overall Rank
MNHAX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
MNHAX Sortino Ratio Rank: 6363
Sortino Ratio Rank
MNHAX Omega Ratio Rank: 7575
Omega Ratio Rank
MNHAX Calmar Ratio Rank: 5353
Calmar Ratio Rank
MNHAX Martin Ratio Rank: 5252
Martin Ratio Rank

SHYPX
SHYPX Risk / Return Rank: 9494
Overall Rank
SHYPX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
SHYPX Sortino Ratio Rank: 9696
Sortino Ratio Rank
SHYPX Omega Ratio Rank: 9696
Omega Ratio Rank
SHYPX Calmar Ratio Rank: 8989
Calmar Ratio Rank
SHYPX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MNHAX vs. SHYPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Manning & Napier High Yield Bond I (MNHAX) and American Beacon SiM High Yld Opps Fund (SHYPX). 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.


MNHAXSHYPXDifference

Sharpe ratio

Return per unit of total volatility

1.31

2.35

-1.04

Sortino ratio

Return per unit of downside risk

1.70

3.36

-1.66

Omega ratio

Gain probability vs. loss probability

1.30

1.56

-0.26

Calmar ratio

Return relative to maximum drawdown

1.39

2.59

-1.20

Martin ratio

Return relative to average drawdown

5.43

11.26

-5.82

MNHAX vs. SHYPX - Sharpe Ratio Comparison

The current MNHAX Sharpe Ratio is 1.31, which is lower than the SHYPX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of MNHAX and SHYPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MNHAXSHYPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.31

2.35

-1.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.38

1.27

-0.89

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

1.30

-0.66

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

1.38

-0.72

Correlation

The correlation between MNHAX and SHYPX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

MNHAX vs. SHYPX - Dividend Comparison

MNHAX's dividend yield for the trailing twelve months is around 6.60%, more than SHYPX's 5.92% yield.


TTM20252024202320222021202020192018201720162015
MNHAX
Manning & Napier High Yield Bond I
6.60%7.29%7.02%8.59%7.61%9.81%6.26%8.24%6.38%6.20%7.68%6.64%
SHYPX
American Beacon SiM High Yld Opps Fund
5.92%6.63%7.06%7.39%4.10%5.09%6.05%5.91%6.09%5.52%6.38%4.95%

Drawdowns

MNHAX vs. SHYPX - Drawdown Comparison

The maximum MNHAX drawdown since its inception was -20.13%, smaller than the maximum SHYPX drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for MNHAX and SHYPX.


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Drawdown Indicators


MNHAXSHYPXDifference

Max Drawdown

Largest peak-to-trough decline

-20.13%

-24.85%

+4.72%

Max Drawdown (1Y)

Largest decline over 1 year

-3.40%

-3.15%

-0.25%

Max Drawdown (5Y)

Largest decline over 5 years

-20.13%

-12.50%

-7.63%

Max Drawdown (10Y)

Largest decline over 10 years

-20.13%

-24.85%

+4.72%

Current Drawdown

Current decline from peak

-13.52%

-1.37%

-12.15%

Average Drawdown

Average peak-to-trough decline

-3.41%

-1.90%

-1.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.87%

0.72%

+0.15%

Volatility

MNHAX vs. SHYPX - Volatility Comparison

Manning & Napier High Yield Bond I (MNHAX) has a higher volatility of 1.84% compared to American Beacon SiM High Yld Opps Fund (SHYPX) at 1.03%. This indicates that MNHAX's price experiences larger fluctuations and is considered to be riskier than SHYPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MNHAXSHYPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.84%

1.03%

+0.81%

Volatility (6M)

Calculated over the trailing 6-month period

2.29%

1.87%

+0.42%

Volatility (1Y)

Calculated over the trailing 1-year period

3.79%

3.32%

+0.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.41%

4.31%

+10.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.69%

5.13%

+5.56%