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MNHYX vs. ANGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MNHYX and ANGL is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.4

Performance

MNHYX vs. ANGL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Manning & Napier High Yield Bond Series (MNHYX) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%130.00%140.00%NovemberDecember2025FebruaryMarchApril
87.10%
131.90%
MNHYX
ANGL

Key characteristics

Sharpe Ratio

MNHYX:

2.09

ANGL:

0.98

Sortino Ratio

MNHYX:

2.72

ANGL:

1.39

Omega Ratio

MNHYX:

1.47

ANGL:

1.21

Calmar Ratio

MNHYX:

1.68

ANGL:

1.18

Martin Ratio

MNHYX:

7.59

ANGL:

5.93

Ulcer Index

MNHYX:

0.98%

ANGL:

1.09%

Daily Std Dev

MNHYX:

3.57%

ANGL:

6.60%

Max Drawdown

MNHYX:

-19.69%

ANGL:

-35.07%

Current Drawdown

MNHYX:

-2.20%

ANGL:

-1.70%

Returns By Period

In the year-to-date period, MNHYX achieves a -0.10% return, which is significantly lower than ANGL's 0.54% return. Over the past 10 years, MNHYX has underperformed ANGL with an annualized return of 5.30%, while ANGL has yielded a comparatively higher 5.71% annualized return.


MNHYX

YTD

-0.10%

1M

-1.33%

6M

0.69%

1Y

7.46%

5Y*

8.37%

10Y*

5.30%

ANGL

YTD

0.54%

1M

-1.05%

6M

0.99%

1Y

6.75%

5Y*

6.64%

10Y*

5.71%

*Annualized

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MNHYX vs. ANGL - Expense Ratio Comparison

MNHYX has a 0.90% expense ratio, which is higher than ANGL's 0.35% expense ratio.


Expense ratio chart for MNHYX: current value is 0.90%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MNHYX: 0.90%
Expense ratio chart for ANGL: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ANGL: 0.35%

Risk-Adjusted Performance

MNHYX vs. ANGL — Risk-Adjusted Performance Rank

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

MNHYX
The Risk-Adjusted Performance Rank of MNHYX is 9191
Overall Rank
The Sharpe Ratio Rank of MNHYX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of MNHYX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of MNHYX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of MNHYX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of MNHYX is 9191
Martin Ratio Rank

ANGL
The Risk-Adjusted Performance Rank of ANGL is 8383
Overall Rank
The Sharpe Ratio Rank of ANGL is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of ANGL is 7979
Sortino Ratio Rank
The Omega Ratio Rank of ANGL is 8282
Omega Ratio Rank
The Calmar Ratio Rank of ANGL is 8686
Calmar Ratio Rank
The Martin Ratio Rank of ANGL is 8787
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MNHYX vs. ANGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Manning & Napier High Yield Bond Series (MNHYX) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL). 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.


The chart of Sharpe ratio for MNHYX, currently valued at 2.09, compared to the broader market-1.000.001.002.003.00
MNHYX: 2.09
ANGL: 0.98
The chart of Sortino ratio for MNHYX, currently valued at 2.72, compared to the broader market-2.000.002.004.006.008.00
MNHYX: 2.72
ANGL: 1.39
The chart of Omega ratio for MNHYX, currently valued at 1.47, compared to the broader market0.501.001.502.002.503.00
MNHYX: 1.47
ANGL: 1.21
The chart of Calmar ratio for MNHYX, currently valued at 1.68, compared to the broader market0.002.004.006.008.0010.00
MNHYX: 1.68
ANGL: 1.18
The chart of Martin ratio for MNHYX, currently valued at 7.59, compared to the broader market0.0010.0020.0030.0040.0050.00
MNHYX: 7.59
ANGL: 5.93

The current MNHYX Sharpe Ratio is 2.09, which is higher than the ANGL Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of MNHYX and ANGL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.006.00NovemberDecember2025FebruaryMarchApril
2.09
0.98
MNHYX
ANGL

Dividends

MNHYX vs. ANGL - Dividend Comparison

MNHYX's dividend yield for the trailing twelve months is around 6.60%, more than ANGL's 6.41% yield.


TTM20242023202220212020201920182017201620152014
MNHYX
Manning & Napier High Yield Bond Series
6.60%6.40%6.67%5.67%4.57%5.00%6.64%5.26%5.17%6.50%5.61%4.97%
ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
6.41%6.29%5.27%4.72%3.90%4.67%5.19%5.99%5.25%5.79%5.81%6.80%

Drawdowns

MNHYX vs. ANGL - Drawdown Comparison

The maximum MNHYX drawdown since its inception was -19.69%, smaller than the maximum ANGL drawdown of -35.07%. Use the drawdown chart below to compare losses from any high point for MNHYX and ANGL. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.20%
-1.70%
MNHYX
ANGL

Volatility

MNHYX vs. ANGL - Volatility Comparison

The current volatility for Manning & Napier High Yield Bond Series (MNHYX) is 2.49%, while VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) has a volatility of 5.03%. This indicates that MNHYX experiences smaller price fluctuations and is considered to be less risky than ANGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%NovemberDecember2025FebruaryMarchApril
2.49%
5.03%
MNHYX
ANGL