RAIIX vs. MCDWX
Compare and contrast key facts about Manning & Napier Rainier International Discovery Series (RAIIX) and Manning & Napier Credit Series (MCDWX).
RAIIX is managed by Manning & Napier. It was launched on Mar 27, 2012. MCDWX is managed by Manning & Napier. It was launched on Apr 15, 2020.
Performance
RAIIX vs. MCDWX - Performance Comparison
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RAIIX vs. MCDWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RAIIX Manning & Napier Rainier International Discovery Series | 0.78% | 27.00% | 0.62% | 6.55% | -30.41% | 14.09% | 62.21% |
MCDWX Manning & Napier Credit Series | -0.13% | 7.57% | 4.13% | 7.31% | -11.13% | 0.01% | 8.77% |
Returns By Period
In the year-to-date period, RAIIX achieves a 0.78% return, which is significantly higher than MCDWX's -0.13% return.
RAIIX
- 1D
- 2.96%
- 1M
- -8.84%
- YTD
- 0.78%
- 6M
- 0.44%
- 1Y
- 25.58%
- 3Y*
- 9.07%
- 5Y*
- 1.26%
- 10Y*
- 7.92%
MCDWX
- 1D
- 0.22%
- 1M
- -1.30%
- YTD
- -0.13%
- 6M
- 0.99%
- 1Y
- 4.63%
- 3Y*
- 5.27%
- 5Y*
- 1.72%
- 10Y*
- —
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RAIIX vs. MCDWX - Expense Ratio Comparison
RAIIX has a 1.12% expense ratio, which is higher than MCDWX's 0.10% expense ratio.
Return for Risk
RAIIX vs. MCDWX — Risk / Return Rank
RAIIX
MCDWX
RAIIX vs. MCDWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manning & Napier Rainier International Discovery Series (RAIIX) and Manning & Napier Credit Series (MCDWX). 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.
| RAIIX | MCDWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 1.51 | +0.17 |
Sortino ratioReturn per unit of downside risk | 2.27 | 2.12 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.26 | -0.15 |
Martin ratioReturn relative to average drawdown | 8.42 | 8.14 | +0.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RAIIX | MCDWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 1.51 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.37 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.58 | 0.00 |
Correlation
The correlation between RAIIX and MCDWX is 0.22, 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.
Dividends
RAIIX vs. MCDWX - Dividend Comparison
RAIIX's dividend yield for the trailing twelve months is around 2.80%, less than MCDWX's 4.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAIIX Manning & Napier Rainier International Discovery Series | 2.80% | 2.83% | 0.14% | 1.31% | 0.00% | 11.60% | 1.67% | 0.28% | 0.38% | 0.13% | 0.00% | 0.05% |
MCDWX Manning & Napier Credit Series | 4.43% | 4.83% | 4.41% | 4.48% | 3.25% | 4.45% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RAIIX vs. MCDWX - Drawdown Comparison
The maximum RAIIX drawdown since its inception was -39.87%, which is greater than MCDWX's maximum drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for RAIIX and MCDWX.
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Drawdown Indicators
| RAIIX | MCDWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.87% | -15.96% | -23.91% |
Max Drawdown (1Y)Largest decline over 1 year | -12.00% | -2.20% | -9.80% |
Max Drawdown (5Y)Largest decline over 5 years | -39.87% | -15.96% | -23.91% |
Max Drawdown (10Y)Largest decline over 10 years | -39.87% | — | — |
Current DrawdownCurrent decline from peak | -9.39% | -1.63% | -7.76% |
Average DrawdownAverage peak-to-trough decline | -11.23% | -4.24% | -6.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 0.61% | +2.39% |
Volatility
RAIIX vs. MCDWX - Volatility Comparison
Manning & Napier Rainier International Discovery Series (RAIIX) has a higher volatility of 6.99% compared to Manning & Napier Credit Series (MCDWX) at 1.42%. This indicates that RAIIX's price experiences larger fluctuations and is considered to be riskier than MCDWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RAIIX | MCDWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 1.42% | +5.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.80% | 2.00% | +8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.74% | 3.31% | +12.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.83% | 4.62% | +12.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.87% | 4.41% | +12.46% |