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:
2.63
MNHYX:
2.92
RCTIX:
3.80
MNHYX:
3.97
RCTIX:
1.55
MNHYX:
1.66
RCTIX:
4.82
MNHYX:
3.60
RCTIX:
14.48
MNHYX:
18.65
RCTIX:
0.47%
MNHYX:
0.44%
RCTIX:
2.57%
MNHYX:
2.83%
RCTIX:
-10.89%
MNHYX:
-19.69%
RCTIX:
-1.21%
MNHYX:
-2.20%
Returns By Period
In the year-to-date period, RCTIX achieves a 6.47% return, which is significantly lower than MNHYX's 7.58% return.
RCTIX
6.47%
-0.49%
2.66%
6.66%
4.13%
N/A
MNHYX
7.58%
-1.01%
3.18%
8.15%
4.95%
5.48%
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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 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 7.04%, more than MNHYX's 4.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCTIX River Canyon Total Return Bond Fund | 7.04% | 8.51% | 6.00% | 3.02% | 3.79% | 2.70% | 3.30% | 4.89% | 2.32% | 5.74% | 0.00% | 0.00% |
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
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 1.11%, while Manning & Napier High Yield Bond Series (MNHYX) has a volatility of 1.41%. 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.