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

Correlation

The correlation between MNHYX and HYG is 0.49, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

MNHYX vs. HYG - Performance Comparison

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

126.00%128.00%130.00%132.00%134.00%136.00%138.00%NovemberDecember2025FebruaryMarchApril
133.91%
131.99%
MNHYX
HYG

Key characteristics

Sharpe Ratio

MNHYX:

2.66

HYG:

2.02

Sortino Ratio

MNHYX:

3.71

HYG:

2.94

Omega Ratio

MNHYX:

1.57

HYG:

1.37

Calmar Ratio

MNHYX:

3.81

HYG:

3.65

Martin Ratio

MNHYX:

15.67

HYG:

14.79

Ulcer Index

MNHYX:

0.49%

HYG:

0.58%

Daily Std Dev

MNHYX:

2.89%

HYG:

4.25%

Max Drawdown

MNHYX:

-19.69%

HYG:

-34.24%

Current Drawdown

MNHYX:

-1.71%

HYG:

-0.65%

Returns By Period

In the year-to-date period, MNHYX achieves a 0.40% return, which is significantly lower than HYG's 1.67% return. Over the past 10 years, MNHYX has outperformed HYG with an annualized return of 5.49%, while HYG has yielded a comparatively lower 3.98% annualized return.


MNHYX

YTD

0.40%

1M

-1.71%

6M

0.70%

1Y

7.90%

5Y*

9.30%

10Y*

5.49%

HYG

YTD

1.67%

1M

-0.45%

6M

1.59%

1Y

8.77%

5Y*

6.89%

10Y*

3.98%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MNHYX vs. HYG - Expense Ratio Comparison

MNHYX has a 0.90% expense ratio, which is higher than HYG's 0.49% expense ratio.


MNHYX
Manning & Napier High Yield Bond Series
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 HYG: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYG: 0.49%

Risk-Adjusted Performance

MNHYX vs. HYG — 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 9595
Overall Rank
The Sharpe Ratio Rank of MNHYX is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of MNHYX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of MNHYX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of MNHYX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of MNHYX is 9595
Martin Ratio Rank

HYG
The Risk-Adjusted Performance Rank of HYG is 9494
Overall Rank
The Sharpe Ratio Rank of HYG is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of HYG is 9494
Sortino Ratio Rank
The Omega Ratio Rank of HYG is 9393
Omega Ratio Rank
The Calmar Ratio Rank of HYG is 9494
Calmar Ratio Rank
The Martin Ratio Rank of HYG is 9595
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. HYG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Manning & Napier High Yield Bond Series (MNHYX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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.


Sharpe ratio
The chart of Sharpe ratio for MNHYX, currently valued at 2.66, compared to the broader market-1.000.001.002.003.004.00
MNHYX: 2.66
HYG: 2.02
The chart of Sortino ratio for MNHYX, currently valued at 3.71, compared to the broader market0.002.004.006.008.00
MNHYX: 3.71
HYG: 2.94
The chart of Omega ratio for MNHYX, currently valued at 1.57, compared to the broader market0.501.001.502.002.503.003.50
MNHYX: 1.57
HYG: 1.37
The chart of Calmar ratio for MNHYX, currently valued at 3.81, compared to the broader market0.002.004.006.008.0010.0012.00
MNHYX: 3.81
HYG: 3.65
The chart of Martin ratio for MNHYX, currently valued at 15.67, compared to the broader market0.0010.0020.0030.0040.0050.0060.00
MNHYX: 15.67
HYG: 14.79

The current MNHYX Sharpe Ratio is 2.66, which is higher than the HYG Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of MNHYX and HYG, 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 Ratio2.003.004.005.006.00NovemberDecember2025FebruaryMarchApril
2.66
2.02
MNHYX
HYG

Dividends

MNHYX vs. HYG - Dividend Comparison

MNHYX's dividend yield for the trailing twelve months is around 6.42%, more than HYG's 5.86% yield.


TTM20242023202220212020201920182017201620152014
MNHYX
Manning & Napier High Yield Bond Series
6.42%6.40%6.67%5.67%4.57%5.00%6.64%5.26%5.17%6.50%5.61%4.97%
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
5.86%6.01%5.74%5.30%4.02%4.88%4.99%5.54%5.12%5.27%5.90%5.69%

Drawdowns

MNHYX vs. HYG - Drawdown Comparison

The maximum MNHYX drawdown since its inception was -19.69%, smaller than the maximum HYG drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for MNHYX and HYG. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%NovemberDecember2025FebruaryMarchApril
-1.71%
-0.65%
MNHYX
HYG

Volatility

MNHYX vs. HYG - Volatility Comparison

Manning & Napier High Yield Bond Series (MNHYX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG) have volatilities of 1.50% and 1.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%NovemberDecember2025FebruaryMarchApril
1.50%
1.43%
MNHYX
HYG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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