SWAV vs. MNHYX
Compare and contrast key facts about ShockWave Medical, Inc. (SWAV) and Manning & Napier High Yield Bond Series (MNHYX).
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: SWAV or MNHYX.
Correlation
The correlation between SWAV and MNHYX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SWAV vs. MNHYX - Performance Comparison
Key characteristics
Returns By Period
SWAV
N/A
N/A
N/A
N/A
N/A
N/A
MNHYX
-0.10%
-1.61%
0.69%
7.68%
8.38%
5.30%
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Risk-Adjusted Performance
SWAV vs. MNHYX — Risk-Adjusted Performance Rank
SWAV
MNHYX
SWAV vs. MNHYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ShockWave Medical, Inc. (SWAV) 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
SWAV vs. MNHYX - Dividend Comparison
SWAV has not paid dividends to shareholders, while MNHYX's dividend yield for the trailing twelve months is around 6.60%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWAV ShockWave Medical, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MNHYX Manning & Napier High Yield Bond Series | 6.60% | 6.40% | 6.67% | 5.67% | 4.57% | 5.00% | 6.64% | 5.26% | 5.17% | 6.50% | 5.61% | 4.97% |
Drawdowns
SWAV vs. MNHYX - Drawdown Comparison
Volatility
SWAV vs. MNHYX - Volatility Comparison
The current volatility for ShockWave Medical, Inc. (SWAV) is 0.00%, while Manning & Napier High Yield Bond Series (MNHYX) has a volatility of 2.49%. This indicates that SWAV 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.