MHY vs MNRS

Comparison between Western Asset Managed High Incm Fnd Inc (MHY, ETF) and GRAYSCALE BITCOIN MINERS ETF (MNRS, ETF).

MHY vs MNRS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MHY(ETF)	MNRS(ETF)
Net Assets	$20M	$20M
Expense Ratio	0.69%	0.59%
Max Drawdown	68.74%	56.94%
Sharpe Ratio	1.02	1.22
5Y Beta	0.16	2.45
P/E Ratio	N/A	-11.69
Forward P/E	N/A	40.63
Debt to Equity	N/A	-126.03%
P/S Ratio	N/A	5.65
P/B Ratio	N/A	4.23

Net Assets

Winner

MHY

$20M

MNRS

$20M

Expense Ratio

MHY

0.69%

Winner

MNRS

0.59%

Max Drawdown

MHY

68.74%

Winner

MNRS

56.94%

Sharpe Ratio

MHY

1.02

Winner

MNRS

1.22

5Y Beta

Winner

MHY

0.16

MNRS

2.45

P/E Ratio

MHY

N/A

MNRS

-11.69

Forward P/E

MHY

N/A

MNRS

40.63

Debt to Equity

MHY

N/A

MNRS

-126.03%

P/S Ratio

MHY

N/A

MNRS

5.65

P/B Ratio

MHY

N/A

MNRS

4.23

MHY vs MNRS - Holdings Comparison

MHY and MNRS have 1 common holdings. Overlap is -0.02%

MHY's top 25 holdings weight is 36.57%. MNRS's top 25 holdings weight is 99.93%.

Rank	MHY	MNRS
#1	U.S. DOLLAR (n/a) - 3.36%	HUT 8 CORP (HUT) - 14.21%
#2	GTC AURORA LUXEMBOURG SA 2.25% (n/a) - 1.60%	IREN LTD (IREN) - 13.39%
#3	n/a (NCA) - 1.59%	APPLIED DIGITAL CORP (APLD) - 12.96%
#4	n/a (n/a) - 1.56%	KEEL INFRASTRUCTURE CORP (n/a) - 6.38%
#5	n/a (n/a) - 1.53%	BITDEER TECHNOLOGIES GROUP ORDINARY SHARES CLASS A (BTDR) - 5.22%
#6	PRIME HEALTHCARE SERVICES INC 9.375% (n/a) - 1.52%	HIVE DIGITAL TECHNOLOGIES LTD (n/a) - 5.19%
#7	PETROBRAS GLOBAL FIN BV 6.25% (n/a) - 1.51%	RIOT PLATFORMS INC (RIOT) - 4.57%
#8	JANE STREET GROUP LLC / JSG FINANCE INC. 6.125% (n/a) - 1.50%	CIPHER DIGITAL INC (CIFR) - 4.24%
#9	n/a (n/a) - 1.50%	CLEANSPARK INC (CLSK) - 4.23%
#10	BCPE FLAVOR DEBT MERGER SUB LLC 9.5% (n/a) - 1.49%	CORE SCIENTIFIC INC ORDINARY SHARES NEW (CORZ) - 4.21%
#11	ARQIVA BROADCAST FINANCE PLC 8.625% (n/a) - 1.48%	TERAWULF INC (WULF) - 3.93%
#12	n/a (n/a) - 1.48%	MARA HOLDINGS INC (MARA) - 3.85%
#13	n/a (n/a) - 1.47%	BIT DIGITAL INC ORDINARY SHARES (BTBT) - 3.03%
#14	n/a (n/a) - 1.46%	NORTHERN DATA AG (n/a) - 2.88%
#15	JEFFERSON CAPITAL HOLDINGS LLC 8.25% (n/a) - 1.46%	DIGI POWER X INC ORDINARY SHARES SUB VOTING (n/a) - 2.75%
#16	CHC GROUP LLC / CHC FINANCE LTD 11.75% (n/a) - 1.46%	NVIDIA CORP (NVDA) - 2.15%
#17	BELLIS ACQUISITION CO PLC 8.125% (n/a) - 1.43%	BLOCK INC CLASS A (XYZ) - 2.05%
#18	WOM CHILE HOLDCO S.P.A. 5% (n/a) - 1.41%	CANAAN INC ADR (CAN) - 1.44%
#19	CHEPLAPHARM ARZNEIMITTEL GMBH 7.5% (n/a) - 1.22%	CANGO INC CLASS A (CANG) - 0.83%
#20	LENZING AG 9% (n/a) - 1.20%	AMERICAN BITCOIN CORP (ABTC) - 0.68%
#21	AAREAL BANK AG 9.875% (n/a) - 1.08%	SOLUNA HOLDINGS INC (SLNH) - 0.65%
#22	TRIVIUM PACKAGING FINANCE BV 12.25% (n/a) - 1.08%	CRYPTO FLOW TECHNOLOGY LTD (n/a) - 0.38%
#23	KAROON USA FINANCE INC. 10.5% (n/a) - 1.06%	THE9 LTD ADR (NCTY) - 0.31%
#24	C&W SENIOR FINANCE LTD. 9% (n/a) - 1.06%	BITFUFU INC CLASS A ORDINARY SHARES (FUFU) - 0.24%
#25	NAVIOS SOUTH AMERICAN L 8.875 7/14/2030 (n/a) - 1.06%	EXODUS MOVEMENT INC CLASS A (EXOD) - 0.16%
Total Holdings	92	27

MHY vs MNRS - Historical Returns

Returns include dividend reinvestment.

Period	MHY	MNRS
1 month	+0.84%	+4.37%
3 months	+3.19%	+59.07%
6 months	+3.77%	+33.26%
1 year	N/A	+95.38%
10 years(CAGR)	+19.16%	N/A
Max(CAGR)	+10.46%	+47.61%

MHY

+0.84%

Winner

MNRS

+4.37%

MHY

+3.19%

Winner

MNRS

+59.07%

MHY

+3.77%

Winner

MNRS

+33.26%

MHY

N/A

MNRS

+95.38%

10Y(CAGR)

MHY

+19.16%

MNRS

N/A

Max(CAGR)

MHY

+10.46%

Winner

MNRS

+47.61%

MHY vs MNRS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MHY	MNRS
2026	+3.22%	+39.39%
2025	+1.74%	+12.66%
2016	+14.04%	N/A
2015	-3.68%	N/A
2014	-3.04%	N/A
2013	-2.18%	N/A
2012	+10.16%	N/A
2011	+6.98%	N/A
2010	+16.09%	N/A
2009	+48.58%	N/A
2008	-18.41%	N/A
2007	-7.35%	N/A
2006	+18.28%	N/A
2005	+0.17%	N/A
2004	+1.72%	N/A
2003	+20.89%	N/A
2002	-5.24%	N/A
2001	-7.05%	N/A
2000	+12.48%	N/A
1999	-4.19%	N/A

MHY vs MNRS Drawdown Comparison

The maximum drawdown for MHY was -51.73%, occurring on Oct 9, 2008. Recovery took 553 trading sessions.

The maximum drawdown for MNRS was -56.70%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current MNRS drawdown is -16.80%.

Rank	MHY	MNRS
#1	-51.73% Jun 4, 2007 - Aug 12, 2009	-56.70% Oct 15, 2025 - Mar 30, 2026
#2	-32.62% Jan 24, 2001 - Jun 9, 2003	-45.35% Feb 14, 2025 - Jul 2, 2025
#3	-20.58% Aug 28, 2012 - Aug 18, 2016	-15.21% Jul 22, 2025 - Aug 26, 2025
#4	-16.23% May 11, 2011 - Jan 26, 2012	-7.55% Sep 24, 2025 - Sep 29, 2025
#5	-15.95% Jan 21, 2004 - Aug 30, 2004	-6.17% Sep 2, 2025 - Sep 9, 2025
#6	-14.80% Aug 23, 2000 - Jan 4, 2001	-5.45% Oct 9, 2025 - Oct 13, 2025
#7	-13.79% Nov 8, 2010 - Mar 23, 2011	-5.30% Jan 30, 2025 - Feb 14, 2025
#8	-13.22% Apr 13, 2010 - Jul 16, 2010	-5.21% Jul 3, 2025 - Jul 16, 2025
#9	-11.54% Oct 21, 2009 - Jan 20, 2010	-2.79% Sep 22, 2025 - Sep 24, 2025
#10	-11.48% Jun 12, 2003 - Jan 21, 2004	-2.05% Jul 17, 2025 - Jul 22, 2025
#11	-10.90% Nov 4, 1999 - Jun 1, 2000	-0.39% Sep 29, 2025 - Oct 1, 2025
#12	-10.13% Oct 18, 2004 - Aug 3, 2006	-0.11% Sep 18, 2025 - Sep 22, 2025
#13	-7.04% Feb 23, 2007 - May 10, 2007	N/A
#14	-6.79% Jan 21, 2010 - Feb 19, 2010	N/A
#15	-6.54% Mar 23, 2012 - Aug 10, 2012	N/A

Correlation

Correlation between MHY and MNRS is 0.23 which considered as a very weak or no correlation - the stocks move independently of each other.

0.23

-101

Dividend Comparison (1999 - 2026)

MHY vs MNRS dividend yield comparison.

Year	MHY	MNRS
2026	0.26%	0.00%
2025	3.42%	0.54%
2016	5.68%	0.00%
2015	9.16%	0.00%
2014	8.24%	0.00%
2013	8.02%	0.00%
2012	8.03%	0.00%
2011	8.98%	0.00%
2010	9.73%	0.00%
2009	10.10%	0.00%
2008	13.00%	0.00%
2007	9.41%	0.00%
2006	4.88%	0.00%
2005	8.43%	0.00%
2004	9.05%	0.00%
2003	9.32%	0.00%
2002	11.21%	0.00%
2001	12.63%	0.00%
2000	11.53%	0.00%
1999	1.95%	0.00%