NFLT vs. MANI
NFLT (Virtus Newfleet Multi-Sector Bond ETF) and MANI (Man Active Income ETF) are both Multisector Bonds funds. Both are actively managed. At a 0.34 correlation, their price movements are largely independent. NFLT charges 0.50%/yr vs 0.85%/yr for MANI.
Performance
NFLT vs. MANI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NFLT achieves a 1.82% return, which is significantly lower than MANI's 4.19% return.
NFLT
- 1D
- -0.09%
- 1M
- 0.81%
- YTD
- 1.82%
- 6M
- 1.75%
- 1Y
- 7.05%
- 3Y*
- 7.44%
- 5Y*
- 3.14%
- 10Y*
- 4.06%
MANI
- 1D
- -0.01%
- 1M
- 0.75%
- YTD
- 4.19%
- 6M
- 4.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFLT vs. MANI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NFLT Virtus Newfleet Multi-Sector Bond ETF | 1.82% | 1.56% |
MANI Man Active Income ETF | 4.19% | 2.30% |
Correlation
The correlation between NFLT and MANI is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025 | 0.34 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NFLT vs. MANI — Risk / Return Rank
NFLT
MANI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NFLT vs. MANI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Multi-Sector Bond ETF (NFLT) and Man Active Income ETF (MANI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NFLT | MANI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | — | — |
| Martin ratioReturn relative to average drawdown | 12.71 | — | — |
Loading charts...
Drawdowns
NFLT vs. MANI - Drawdown Comparison
The maximum NFLT drawdown since its inception was -15.17%, which is greater than MANI's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for NFLT and MANI.
Loading charts...
Drawdown Indicators
| NFLT | MANI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.17% | -0.74% | -14.43% |
Max Drawdown (1Y)Largest decline over 1 year | -2.42% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.24% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -15.17% | — | — |
Current DrawdownCurrent decline from peak | -0.58% | -0.01% | -0.57% |
Average DrawdownAverage peak-to-trough decline | -2.09% | -0.11% | -1.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | — | — |
Volatility
NFLT vs. MANI - Volatility Comparison
Loading charts...
Volatility by Period
| NFLT | MANI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.56% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.14% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.19% | 2.03% | +2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.47% | 2.03% | +2.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.94% | 2.03% | +2.91% |
NFLT vs. MANI - Expense Ratio Comparison
NFLT has a 0.50% expense ratio, which is lower than MANI's 0.85% expense ratio.
Dividends
NFLT vs. MANI - Dividend Comparison
NFLT's dividend yield for the trailing twelve months is around 5.49%, more than MANI's 3.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MANI Man Active Income ETF | 3.17% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NFLT Virtus Newfleet Multi-Sector Bond ETF | 5.49% | 5.74% | 5.76% | 6.02% | 4.16% | 3.41% | 3.63% | 4.33% | 4.81% | 6.23% | 5.30% | 0.67% |
Frequently Asked Questions
NFLT and MANI have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NFLT is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NFLT is cheaper with a 0.50% expense ratio, compared with 0.85% for MANI.
NFLT has the higher dividend yield at 5.49%, compared with 3.17% for MANI.
They also come from different issuers: Virtus and Man Group. Their fees differ too: 0.50% for NFLT and 0.85% for MANI.
Find the right allocation for NFLT and MANI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer