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 0.18, 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
SWAV vs. MNHYX - Performance Comparison
Key characteristics
Returns By Period
SWAV
N/A
N/A
N/A
N/A
N/A
N/A
MNHYX
7.58%
-1.01%
3.18%
8.15%
4.95%
5.48%
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Risk-Adjusted Performance
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 4.80%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 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
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 1.41%. 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.