MM S&P 500 Index Fund (MIEYX) belongs to the S&P 500 category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MIEYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MIEYX
MIEYX charges 0.46% annually. There are 25 mutual funds in the S&P 500 category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares S&P 500 Index Fund Class G | 0.01% | — | Jul 2019 | MIEYX vs BSPGX | |
| Fidelity 500 Index Fund | 0.02% | — | Feb 1988 | MIEYX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 0.02% | — | Sep 2014 | MIEYX vs SSSYX | |
| Vanguard Institutional Index Fund Institutional Pl... | 0.02% | 355.20B | Jul 1997 | MIEYX vs VIIIX | |
| Schwab S&P 500 Index Fund | 0.02% | 143.85B | May 1997 | MIEYX vs SWPPX |
Best Risk-Adjusted Alternatives to MIEYX
MIEYX has a PortfoliosLab risk / return rank of 62. There are 25 mutual funds in the S&P 500 category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Institutional Investments Trust S&P 500 Index ... | 65 | — | Dec 2013 | MIEYX vs SPINX | |
| Fidelity 500 Index Fund | 65 | — | Feb 1988 | MIEYX vs FXAIX | |
| Vanguard Institutional Index Fund Institutional Pl... | 65 | 355.20B | Jul 1997 | MIEYX vs VIIIX | |
| Vanguard Institutional Index Fund Institutional Sh... | 65 | 355.20B | Jul 1990 | MIEYX vs VINIX | |
| State Street Equity 500 Index Fund Class K | 65 | — | Sep 2014 | MIEYX vs SSSYX |
Top Performing MIEYX Alternatives (YTD)
MIEYX is at 9.52% YTD. There are 28 mutual funds in the S&P 500 category with higher YTD returns, going as high as 13.76%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Monthly S&P 500 Bull 1.75X Fund | 13.76% | — | May 2006 | MIEYX vs DXSLX | |
| Invesco Equally-Weighted S&P 500 Fund | 10.27% | — | Jul 1997 | MIEYX vs VADDX | |
| Victory 500 Index Fund | 10.00% | — | May 2002 | MIEYX vs USPRX | |
| Fidelity 500 Index Fund | 9.79% | — | Feb 1988 | MIEYX vs FXAIX | |
| State Street Equity 500 Index Fund Class K | 9.78% | — | Sep 2014 | MIEYX vs SSSYX |
Lowest Volatility Alternatives to MIEYX
MIEYX has 12.52% 1-year volatility. There are 28 mutual funds in the S&P 500 category with lower 1-year volatility, going as low as 9.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | 9.33% | 236.88M | Feb 2016 | MIEYX vs PUTW | |
| CBOE Vest S&P 500 Dividend Aristocrats Target Inco... | 10.86% | — | Sep 2017 | MIEYX vs KNGLX | |
| Invesco Equally-Weighted S&P 500 Fund | 11.93% | — | Jul 1997 | MIEYX vs VADDX | |
| Shelton Capital Management S&P 500 Index Fund | 12.45% | — | Apr 1992 | MIEYX vs SPFIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | 12.45% | — | Nov 2005 | MIEYX vs SPXX |
Lowest Drawdown Alternatives to MIEYX
MIEYX has a 1-year max drawdown of -8.92%. There are 14 mutual funds in the S&P 500 category with shallower 1-year drawdowns, going as shallow as -7.15%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | -7.15% | 236.88M | Feb 2016 | MIEYX vs PUTW | |
| Invesco Equally-Weighted S&P 500 Fund | -7.88% | — | Jul 1997 | MIEYX vs VADDX | |
| State Street Equity 500 Index Fund Class K | -8.88% | — | Sep 2014 | MIEYX vs SSSYX | |
| Fidelity 500 Index Fund | -8.89% | — | Feb 1988 | MIEYX vs FXAIX | |
| Schwab S&P 500 Index Fund | -8.89% | 143.85B | May 1997 | MIEYX vs SWPPX |
Other Mutual Funds from MassMutual
The 10 most viewed MassMutual mutual funds shown here include MOGAX, MEFAX, MDDAX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MassMutual 60/40 Allocation Fund | Diversified Portfolio | — | — | — | Jun 2011 | MIEYX vs MOGAX | |
| MassMutual Mid Cap Growth Fund | Mid Cap Growth Equities | 10 | 4.72% | — | May 2000 | MIEYX vs MEFAX | |
| MassMutual Diversified Value Fund | Large Cap Value Equities | 82 | 12.14% | — | Oct 2004 | MIEYX vs MDDAX | |
| MassMutual Core Bond Fund | Intermediate Core Bond | 33 | 0.63% | — | Sep 1994 | MIEYX vs MCBDX | |
| MassMutual Short Duration Bond Fund | Short-Term Bond | 84 | 0.63% | — | Sep 1994 | MIEYX vs MSTDX | |
| MassMutual Global Fund | Global Equities | 21 | 9.23% | — | Dec 2004 | MIEYX vs MGFAX | |
| MassMutual Blue Chip Growth Fund | Large Cap Growth Equities | 8 | -2.32% | — | May 2001 | MIEYX vs MBCSX | |
| MassMutual Diversified Bond Fund | Intermediate Core-Plus Bond | 82 | 2.47% | — | May 1999 | MIEYX vs MDVAX | |
| MassMutual High Yield Fund | High Yield Bonds | 76 | 2.01% | — | Sep 2000 | MIEYX vs DLHYX | |
| MassMutual Overseas Fund | Foreign Large Cap Equities | 12 | 1.99% | — | Apr 2001 | MIEYX vs MOSAX |
Often Compared With MIEYX
Investors most often compare MIEYX with VOO, XYLD, JLGMX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare MIEYX with Any Fund or Stock
Compare MIEYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MIEYX with funds that move differently
MM S&P 500 Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MIEYX.
Explore MIEYX Diversifiers