MassMutual 60/40 Allocation Fund (MOGAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MOGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MOGAX
MOGAX charges 0.61% annually. There are 245 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | MOGAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | MOGAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | MOGAX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | MOGAX vs VBAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | MOGAX vs FYMIX |
Best Risk-Adjusted Alternatives to MOGAX
Among 540 mutual funds in the Diversified Portfolio category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | MOGAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | MOGAX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | MOGAX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 94 | — | Sep 2003 | MOGAX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | MOGAX vs AYBLX |
Top Performing MOGAX Alternatives (YTD)
Among 540 mutual funds in the Diversified Portfolio category with YTD return data, the top-performing alternatives shown here go as high as 30.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 30.31% | — | Jan 1998 | MOGAX vs EKBAX | |
| Greenspring Fund | 19.30% | — | Jun 1983 | MOGAX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.84% | — | Aug 1998 | MOGAX vs MHELX | |
| ICON Equity Income Fund | 18.66% | — | May 2004 | MOGAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 16.85% | — | Dec 2002 | MOGAX vs TIBIX |
Lowest Volatility Alternatives to MOGAX
Among 540 mutual funds in the Diversified Portfolio category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | MOGAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.82% | — | Nov 2003 | MOGAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | MOGAX vs SCLAX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | MOGAX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | MOGAX vs CSTAX |
Lowest Drawdown Alternatives to MOGAX
Among 540 mutual funds in the Diversified Portfolio category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | MOGAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | MOGAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | MOGAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | MOGAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | MOGAX vs CSTAX |
Other Mutual Funds from MassMutual
The 10 most viewed MassMutual mutual funds shown here include MIEYX, MEFAX, MDDAX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MM S&P 500 Index Fund | S&P 500 | 63 | 11.02% | — | Feb 1998 | MOGAX vs MIEYX | |
| MassMutual Mid Cap Growth Fund | Mid Cap Growth Equities | 10 | 4.92% | — | May 2000 | MOGAX vs MEFAX | |
| MassMutual Diversified Value Fund | Large Cap Value Equities | 89 | 14.66% | — | Oct 2004 | MOGAX vs MDDAX | |
| MassMutual Core Bond Fund | Intermediate Core Bond | 43 | 0.70% | — | Sep 1994 | MOGAX vs MCBDX | |
| MassMutual Short Duration Bond Fund | Short-Term Bond | 90 | 1.10% | — | Sep 1994 | MOGAX vs MSTDX | |
| MassMutual Global Fund | Global Equities | 14 | 6.61% | — | Dec 2004 | MOGAX vs MGFAX | |
| MassMutual Diversified Bond Fund | Intermediate Core-Plus Bond | 89 | 2.81% | — | May 1999 | MOGAX vs MDVAX | |
| MassMutual Blue Chip Growth Fund | Large Cap Growth Equities | 7 | 0.53% | — | May 2001 | MOGAX vs MBCSX | |
| MassMutual High Yield Fund | High Yield Bonds | 81 | 2.61% | — | Sep 2000 | MOGAX vs DLHYX | |
| MassMutual Overseas Fund | Foreign Large Cap Equities | 15 | 4.68% | — | Apr 2001 | MOGAX vs MOSAX |
Often Compared With MOGAX
Investors most often compare MOGAX with PRPFX, CRAZX, VOO. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare MOGAX with Any Fund or Stock
Compare MOGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MOGAX with funds that move differently
MassMutual 60/40 Allocation Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MOGAX.
Explore MOGAX Diversifiers