USBLX vs. MNHAX
Compare and contrast key facts about USAA Growth and Tax Strategy Fund (USBLX) and Manning & Napier High Yield Bond I (MNHAX).
USBLX is managed by Victory Capital. It was launched on Jan 10, 1989. MNHAX is managed by Manning & Napier. It was launched on Aug 1, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USBLX or MNHAX.
Correlation
The correlation between USBLX and MNHAX is 0.40, 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
USBLX vs. MNHAX - Performance Comparison
Key characteristics
USBLX:
2.13
MNHAX:
2.94
USBLX:
2.93
MNHAX:
4.02
USBLX:
1.40
MNHAX:
1.68
USBLX:
3.84
MNHAX:
3.84
USBLX:
13.02
MNHAX:
19.28
USBLX:
1.08%
MNHAX:
0.44%
USBLX:
6.59%
MNHAX:
2.89%
USBLX:
-34.42%
MNHAX:
-19.63%
USBLX:
-2.64%
MNHAX:
-2.01%
Returns By Period
In the year-to-date period, USBLX achieves a 13.64% return, which is significantly higher than MNHAX's 7.91% return. Over the past 10 years, USBLX has outperformed MNHAX with an annualized return of 7.15%, while MNHAX has yielded a comparatively lower 6.14% annualized return.
USBLX
13.64%
-0.95%
4.74%
13.87%
7.20%
7.15%
MNHAX
7.91%
-1.01%
3.25%
8.33%
5.98%
6.14%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
USBLX vs. MNHAX - Expense Ratio Comparison
USBLX has a 0.58% expense ratio, which is lower than MNHAX's 0.66% expense ratio.
Risk-Adjusted Performance
USBLX vs. MNHAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Growth and Tax Strategy Fund (USBLX) and Manning & Napier High Yield Bond I (MNHAX). 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
USBLX vs. MNHAX - Dividend Comparison
USBLX's dividend yield for the trailing twelve months is around 1.90%, less than MNHAX's 5.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USBLX USAA Growth and Tax Strategy Fund | 1.90% | 2.12% | 1.73% | 1.66% | 1.89% | 1.95% | 2.50% | 2.16% | 2.31% | 2.68% | 2.39% | 2.37% |
MNHAX Manning & Napier High Yield Bond I | 5.01% | 6.91% | 5.88% | 4.65% | 5.04% | 6.64% | 5.14% | 5.00% | 6.19% | 5.35% | 4.72% | 4.71% |
Drawdowns
USBLX vs. MNHAX - Drawdown Comparison
The maximum USBLX drawdown since its inception was -34.42%, which is greater than MNHAX's maximum drawdown of -19.63%. Use the drawdown chart below to compare losses from any high point for USBLX and MNHAX. For additional features, visit the drawdowns tool.
Volatility
USBLX vs. MNHAX - Volatility Comparison
USAA Growth and Tax Strategy Fund (USBLX) has a higher volatility of 2.48% compared to Manning & Napier High Yield Bond I (MNHAX) at 1.37%. This indicates that USBLX's price experiences larger fluctuations and is considered to be riskier than MNHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.