BND vs. MNHYX
Compare and contrast key facts about Vanguard Total Bond Market ETF (BND) and Manning & Napier High Yield Bond Series (MNHYX).
BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. 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: BND or MNHYX.
Correlation
The correlation between BND and MNHYX is 0.09, 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
BND vs. MNHYX - Performance Comparison
Key characteristics
BND:
0.31
MNHYX:
2.92
BND:
0.46
MNHYX:
3.97
BND:
1.05
MNHYX:
1.66
BND:
0.12
MNHYX:
3.60
BND:
0.87
MNHYX:
18.65
BND:
1.91%
MNHYX:
0.44%
BND:
5.43%
MNHYX:
2.83%
BND:
-18.84%
MNHYX:
-19.69%
BND:
-9.27%
MNHYX:
-2.20%
Returns By Period
In the year-to-date period, BND achieves a 1.48% return, which is significantly lower than MNHYX's 7.58% return. Over the past 10 years, BND has underperformed MNHYX with an annualized return of 1.36%, while MNHYX has yielded a comparatively higher 5.48% annualized return.
BND
1.48%
-0.24%
1.41%
1.67%
-0.34%
1.36%
MNHYX
7.58%
-1.01%
3.18%
8.15%
4.95%
5.48%
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BND vs. MNHYX - Expense Ratio Comparison
BND has a 0.03% expense ratio, which is lower than MNHYX's 0.90% expense ratio.
Risk-Adjusted Performance
BND vs. MNHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Bond Market ETF (BND) and Manning & Napier High Yield Bond Series (MNHYX). 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
BND vs. MNHYX - Dividend Comparison
BND's dividend yield for the trailing twelve months is around 3.62%, less than MNHYX's 4.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.33% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
MNHYX Manning & Napier High Yield Bond Series | 4.80% | 6.67% | 5.67% | 4.57% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 4.97% | 5.00% |
Drawdowns
BND vs. MNHYX - Drawdown Comparison
The maximum BND drawdown since its inception was -18.84%, roughly equal to the maximum MNHYX drawdown of -19.69%. Use the drawdown chart below to compare losses from any high point for BND and MNHYX. For additional features, visit the drawdowns tool.
Volatility
BND vs. MNHYX - Volatility Comparison
Vanguard Total Bond Market ETF (BND) has a higher volatility of 1.65% compared to Manning & Napier High Yield Bond Series (MNHYX) at 1.41%. This indicates that BND's price experiences larger fluctuations and is considered to be riskier than MNHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.