MNHYX vs. VWEHX
Compare and contrast key facts about Manning & Napier High Yield Bond Series (MNHYX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX).
MNHYX is managed by Manning & Napier. It was launched on Sep 14, 2009. VWEHX is managed by Vanguard. It was launched on Dec 27, 1978.
Performance
MNHYX vs. VWEHX - Performance Comparison
Loading graphics...
MNHYX vs. VWEHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MNHYX Manning & Napier High Yield Bond Series | -0.59% | 6.65% | 9.63% | 13.19% | -7.59% | 9.99% | 6.26% | 13.99% | -1.30% | 8.49% |
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | -1.15% | 9.38% | 6.33% | 11.66% | -9.04% | 2.97% | 5.30% | 15.81% | -2.93% | 7.05% |
Returns By Period
In the year-to-date period, MNHYX achieves a -0.59% return, which is significantly higher than VWEHX's -1.15% return. Over the past 10 years, MNHYX has outperformed VWEHX with an annualized return of 6.65%, while VWEHX has yielded a comparatively lower 5.18% annualized return.
MNHYX
- 1D
- 0.52%
- 1M
- -1.15%
- YTD
- -0.59%
- 6M
- 0.52%
- 1Y
- 5.04%
- 3Y*
- 8.76%
- 5Y*
- 5.40%
- 10Y*
- 6.65%
VWEHX
- 1D
- 0.55%
- 1M
- -1.62%
- YTD
- -1.15%
- 6M
- 0.56%
- 1Y
- 6.47%
- 3Y*
- 7.55%
- 5Y*
- 3.89%
- 10Y*
- 5.18%
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. VWEHX - Expense Ratio Comparison
MNHYX has a 0.90% expense ratio, which is higher than VWEHX's 0.23% expense ratio.
Return for Risk
MNHYX vs. VWEHX — Risk / Return Rank
MNHYX
VWEHX
MNHYX vs. VWEHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manning & Napier High Yield Bond Series (MNHYX) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). 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.
| MNHYX | VWEHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.43 | 1.90 | -0.47 |
Sortino ratioReturn per unit of downside risk | 1.91 | 2.86 | -0.95 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.46 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 2.79 | -1.30 |
Martin ratioReturn relative to average drawdown | 5.83 | 11.37 | -5.53 |
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
| MNHYX | VWEHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 1.90 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.48 | 0.80 | +0.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.61 | 0.99 | +0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.80 | 0.87 | +0.93 |
Correlation
The correlation between MNHYX and VWEHX is 0.71, 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
MNHYX vs. VWEHX - Dividend Comparison
MNHYX's dividend yield for the trailing twelve months is around 6.89%, more than VWEHX's 5.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MNHYX Manning & Napier High Yield Bond Series | 6.89% | 6.95% | 6.38% | 6.66% | 5.93% | 7.93% | 4.98% | 6.63% | 5.26% | 5.16% | 6.49% | 5.60% |
VWEHX Vanguard High-Yield Corporate Fund Investor Shares | 5.78% | 6.15% | 6.11% | 5.68% | 5.11% | 3.43% | 4.62% | 5.24% | 5.94% | 5.29% | 5.41% | 6.42% |
Drawdowns
MNHYX vs. VWEHX - Drawdown Comparison
The maximum MNHYX drawdown since its inception was -19.70%, smaller than the maximum VWEHX drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for MNHYX and VWEHX.
Loading graphics...
Drawdown Indicators
| MNHYX | VWEHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.70% | -30.17% | +10.47% |
Max Drawdown (1Y)Largest decline over 1 year | -3.38% | -2.52% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -10.84% | -13.83% | +2.99% |
Max Drawdown (10Y)Largest decline over 10 years | -19.70% | -19.69% | -0.01% |
Current DrawdownCurrent decline from peak | -1.69% | -1.80% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -1.57% | -4.30% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 0.62% | +0.24% |
Volatility
MNHYX vs. VWEHX - Volatility Comparison
Manning & Napier High Yield Bond Series (MNHYX) has a higher volatility of 1.62% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 1.39%. This indicates that MNHYX's price experiences larger fluctuations and is considered to be riskier than VWEHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MNHYX | VWEHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.62% | 1.39% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 2.12% | 2.29% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.68% | 3.45% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.67% | 4.85% | -1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.15% | 5.26% | -1.11% |