RCTIX vs. MNHYX
Compare and contrast key facts about River Canyon Total Return Bond Fund (RCTIX) and Manning & Napier High Yield Bond Series (MNHYX).
RCTIX is managed by River Canyon. It was launched on Dec 30, 2014. 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: RCTIX or MNHYX.
Correlation
The correlation between RCTIX and MNHYX is 0.26, 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
RCTIX vs. MNHYX - Performance Comparison
Key characteristics
RCTIX:
3.92
MNHYX:
4.35
RCTIX:
6.24
MNHYX:
6.97
RCTIX:
1.86
MNHYX:
2.04
RCTIX:
8.18
MNHYX:
8.39
RCTIX:
22.92
MNHYX:
30.07
RCTIX:
0.40%
MNHYX:
0.36%
RCTIX:
2.32%
MNHYX:
2.51%
RCTIX:
-10.89%
MNHYX:
-19.69%
RCTIX:
0.00%
MNHYX:
-0.10%
Returns By Period
In the year-to-date period, RCTIX achieves a 1.44% return, which is significantly lower than MNHYX's 1.75% return. Over the past 10 years, RCTIX has underperformed MNHYX with an annualized return of 4.93%, while MNHYX has yielded a comparatively higher 5.67% annualized return.
RCTIX
1.44%
0.74%
2.45%
8.98%
4.03%
4.93%
MNHYX
1.75%
0.93%
3.95%
10.78%
5.57%
5.67%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RCTIX vs. MNHYX - Expense Ratio Comparison
RCTIX has a 0.89% expense ratio, which is lower than MNHYX's 0.90% expense ratio.
Risk-Adjusted Performance
RCTIX vs. MNHYX — Risk-Adjusted Performance Rank
RCTIX
MNHYX
RCTIX vs. MNHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for River Canyon Total Return Bond Fund (RCTIX) 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
RCTIX vs. MNHYX - Dividend Comparison
RCTIX's dividend yield for the trailing twelve months is around 7.90%, more than MNHYX's 6.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCTIX River Canyon Total Return Bond Fund | 7.90% | 7.90% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% | 0.00% |
MNHYX Manning & Napier High Yield Bond Series | 6.15% | 6.40% | 6.67% | 5.67% | 4.57% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 4.97% |
Drawdowns
RCTIX vs. MNHYX - Drawdown Comparison
The maximum RCTIX drawdown since its inception was -10.89%, smaller than the maximum MNHYX drawdown of -19.69%. Use the drawdown chart below to compare losses from any high point for RCTIX and MNHYX. For additional features, visit the drawdowns tool.
Volatility
RCTIX vs. MNHYX - Volatility Comparison
The current volatility for River Canyon Total Return Bond Fund (RCTIX) is 0.56%, while Manning & Napier High Yield Bond Series (MNHYX) has a volatility of 0.71%. This indicates that RCTIX experiences smaller price fluctuations and is considered to be less risky than MNHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.