DLHYX vs. MEFAX
Compare and contrast key facts about MassMutual High Yield Fund (DLHYX) and MassMutual Mid Cap Growth Fund (MEFAX).
DLHYX is managed by MassMutual. It was launched on Sep 5, 2000. MEFAX is managed by MassMutual. It was launched on May 31, 2000.
Performance
DLHYX vs. MEFAX - Performance Comparison
Loading graphics...
DLHYX vs. MEFAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLHYX MassMutual High Yield Fund | -1.25% | 8.61% | 6.37% | 11.16% | -12.43% | 7.29% | 4.66% | 13.34% | -3.00% | 7.46% |
MEFAX MassMutual Mid Cap Growth Fund | -6.22% | 3.19% | 10.80% | 19.11% | -24.58% | 13.75% | 25.52% | 40.75% | -3.88% | 24.12% |
Returns By Period
In the year-to-date period, DLHYX achieves a -1.25% return, which is significantly higher than MEFAX's -6.22% return. Over the past 10 years, DLHYX has underperformed MEFAX with an annualized return of 5.23%, while MEFAX has yielded a comparatively higher 9.34% annualized return.
DLHYX
- 1D
- 0.25%
- 1M
- -2.19%
- YTD
- -1.25%
- 6M
- 0.04%
- 1Y
- 6.40%
- 3Y*
- 6.88%
- 5Y*
- 3.20%
- 10Y*
- 5.23%
MEFAX
- 1D
- -0.53%
- 1M
- -9.93%
- YTD
- -6.22%
- 6M
- -6.00%
- 1Y
- 5.69%
- 3Y*
- 6.02%
- 5Y*
- 1.34%
- 10Y*
- 9.34%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DLHYX vs. MEFAX - Expense Ratio Comparison
DLHYX has a 0.74% expense ratio, which is lower than MEFAX's 1.20% expense ratio.
Return for Risk
DLHYX vs. MEFAX — Risk / Return Rank
DLHYX
MEFAX
DLHYX vs. MEFAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual High Yield Fund (DLHYX) and MassMutual Mid Cap Growth Fund (MEFAX). 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.
| DLHYX | MEFAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.79 | 0.28 | +1.51 |
Sortino ratioReturn per unit of downside risk | 2.51 | 0.55 | +1.96 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.07 | +0.33 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 0.25 | +1.69 |
Martin ratioReturn relative to average drawdown | 8.85 | 1.04 | +7.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DLHYX | MEFAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.79 | 0.28 | +1.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.05 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.96 | 0.39 | +0.57 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.27 | 0.37 | +0.90 |
Correlation
The correlation between DLHYX and MEFAX is 0.36, 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.
Dividends
DLHYX vs. MEFAX - Dividend Comparison
DLHYX's dividend yield for the trailing twelve months is around 6.18%, less than MEFAX's 36.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLHYX MassMutual High Yield Fund | 6.18% | 6.72% | 4.14% | 4.59% | 4.64% | 5.80% | 5.20% | 6.14% | 6.02% | 6.40% | 6.14% | 6.89% |
MEFAX MassMutual Mid Cap Growth Fund | 36.42% | 34.16% | 21.40% | 7.62% | 20.71% | 29.49% | 6.92% | 12.81% | 12.06% | 7.66% | 5.32% | 10.27% |
Drawdowns
DLHYX vs. MEFAX - Drawdown Comparison
The maximum DLHYX drawdown since its inception was -27.28%, smaller than the maximum MEFAX drawdown of -56.04%. Use the drawdown chart below to compare losses from any high point for DLHYX and MEFAX.
Loading graphics...
Drawdown Indicators
| DLHYX | MEFAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.28% | -56.04% | +28.76% |
Max Drawdown (1Y)Largest decline over 1 year | -3.35% | -13.07% | +9.72% |
Max Drawdown (5Y)Largest decline over 5 years | -16.45% | -45.14% | +28.69% |
Max Drawdown (10Y)Largest decline over 10 years | -22.28% | -45.14% | +22.86% |
Current DrawdownCurrent decline from peak | -2.19% | -23.60% | +21.41% |
Average DrawdownAverage peak-to-trough decline | -3.45% | -11.39% | +7.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.74% | 3.19% | -2.45% |
Volatility
DLHYX vs. MEFAX - Volatility Comparison
The current volatility for MassMutual High Yield Fund (DLHYX) is 1.35%, while MassMutual Mid Cap Growth Fund (MEFAX) has a volatility of 5.33%. This indicates that DLHYX experiences smaller price fluctuations and is considered to be less risky than MEFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DLHYX | MEFAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 5.33% | -3.98% |
Volatility (6M)Calculated over the trailing 6-month period | 2.37% | 10.86% | -8.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 20.00% | -16.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.92% | 27.41% | -22.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.48% | 23.88% | -18.40% |