MNHYX vs. SWAV
Compare and contrast key facts about Manning & Napier High Yield Bond Series (MNHYX) and ShockWave Medical, Inc. (SWAV).
MNHYX is managed by Manning & Napier. It was launched on Sep 14, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MNHYX or SWAV.
Key characteristics
| MNHYX | SWAV |
|---|
Correlation
The correlation between MNHYX and SWAV is 0.19, 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.
Performance
MNHYX vs. SWAV - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MNHYX vs. SWAV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Manning & Napier High Yield Bond Series (MNHYX) and ShockWave Medical, Inc. (SWAV). 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.
Dividends
MNHYX vs. SWAV - Dividend Comparison
MNHYX's dividend yield for the trailing twelve months is around 6.52%, while SWAV has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNHYX Manning & Napier High Yield Bond Series | 5.97% | 6.67% | 5.67% | 4.57% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 4.97% | 5.00% |
SWAV ShockWave Medical, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MNHYX vs. SWAV - Drawdown Comparison
Volatility
MNHYX vs. SWAV - Volatility Comparison
Manning & Napier High Yield Bond Series (MNHYX) has a higher volatility of 0.60% compared to ShockWave Medical, Inc. (SWAV) at 0.00%. This indicates that MNHYX's price experiences larger fluctuations and is considered to be riskier than SWAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.