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:
3.51
MNHYX:
4.39
RCTIX:
5.46
MNHYX:
6.86
RCTIX:
1.76
MNHYX:
2.04
RCTIX:
7.82
MNHYX:
8.51
RCTIX:
20.18
MNHYX:
30.19
RCTIX:
0.43%
MNHYX:
0.37%
RCTIX:
2.47%
MNHYX:
2.52%
RCTIX:
-10.89%
MNHYX:
-19.69%
RCTIX:
0.00%
MNHYX:
0.00%
Returns By Period
In the year-to-date period, RCTIX achieves a 0.90% return, which is significantly lower than MNHYX's 1.12% return. Over the past 10 years, RCTIX has underperformed MNHYX with an annualized return of 4.91%, while MNHYX has yielded a comparatively higher 5.79% annualized return.
RCTIX
0.90%
0.92%
3.85%
8.58%
4.32%
4.91%
MNHYX
1.12%
1.43%
4.41%
10.82%
5.37%
5.79%
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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 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 7.83%, more than MNHYX's 6.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RCTIX River Canyon Total Return Bond Fund | 7.83% | 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 | 6.19% | 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 0.82%, while Manning & Napier High Yield Bond Series (MNHYX) has a volatility of 1.08%. 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.