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DUTMX vs. MCBDX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

DUTMX vs. MCBDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dupree Taxable Municipal Bond Fund (DUTMX) and MassMutual Core Bond Fund (MCBDX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DUTMX achieves a 1.01% return, which is significantly higher than MCBDX's 0.74% return. Over the past 10 years, DUTMX has underperformed MCBDX with an annualized return of 0.39%, while MCBDX has yielded a comparatively higher 5.32% annualized return.


DUTMX

1D
0.00%
1M
1.34%
YTD
1.01%
6M
1.15%
1Y
5.29%
3Y*
3.31%
5Y*
-2.62%
10Y*
0.39%

MCBDX

1D
0.11%
1M
0.79%
YTD
0.74%
6M
1.03%
1Y
5.37%
3Y*
4.74%
5Y*
6.55%
10Y*
5.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DUTMX vs. MCBDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
DUTMX
Dupree Taxable Municipal Bond Fund
1.01%6.44%1.09%6.83%-25.27%0.28%6.24%6.66%2.04%5.12%
MCBDX
MassMutual Core Bond Fund
0.74%8.03%1.13%6.64%-15.29%38.26%8.42%9.62%-0.48%4.60%

Correlation

The correlation between DUTMX and MCBDX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.87

Correlation (3Y)
Calculated over the trailing 3-year period

0.87

Correlation (5Y)
Calculated over the trailing 5-year period

0.85

Correlation (10Y)
Calculated over the trailing 10-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Nov 4, 2010

0.82

The correlation between DUTMX and MCBDX has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

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Return for Risk

DUTMX vs. MCBDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DUTMX
DUTMX Risk / Return Rank: 1717
Overall Rank
DUTMX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
DUTMX Sortino Ratio Rank: 1818
Sortino Ratio Rank
DUTMX Omega Ratio Rank: 1616
Omega Ratio Rank
DUTMX Calmar Ratio Rank: 1919
Calmar Ratio Rank
DUTMX Martin Ratio Rank: 1818
Martin Ratio Rank

MCBDX
MCBDX Risk / Return Rank: 3434
Overall Rank
MCBDX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
MCBDX Sortino Ratio Rank: 3838
Sortino Ratio Rank
MCBDX Omega Ratio Rank: 3434
Omega Ratio Rank
MCBDX Calmar Ratio Rank: 3434
Calmar Ratio Rank
MCBDX Martin Ratio Rank: 3232
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DUTMX vs. MCBDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dupree Taxable Municipal Bond Fund (DUTMX) and MassMutual Core Bond Fund (MCBDX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


DUTMXMCBDXDifference
Sharpe ratioReturn per unit of total volatility

-0.50

Sortino ratioReturn per unit of downside risk

-0.76

Omega ratioGain probability vs. loss probability

1.18

1.27

-0.09

Calmar ratioReturn relative to maximum drawdown

1.38

2.00

-0.61

Martin ratioReturn relative to average drawdown

4.04

6.50

-2.46

DUTMX vs. MCBDX - Sharpe Ratio Comparison

The current DUTMX Sharpe Ratio is 1.01, which is lower than the MCBDX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of DUTMX and MCBDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

DUTMX vs. MCBDX - Drawdown Comparison

The maximum DUTMX drawdown since its inception was -30.53%, which is greater than MCBDX's maximum drawdown of -22.01%. Use the drawdown chart below to compare losses from any high point for DUTMX and MCBDX.


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Drawdown Indicators


DUTMXMCBDXDifference

Max Drawdown

Largest peak-to-trough decline

-30.53%

-22.01%

-8.52%

Max Drawdown (1Y)

Largest decline over 1 year

-4.05%

-2.87%

-1.18%

Max Drawdown (3Y)

Largest decline over 3 years

-7.80%

-5.34%

-2.46%

Max Drawdown (5Y)

Largest decline over 5 years

-30.53%

-22.01%

-8.52%

Max Drawdown (10Y)

Largest decline over 10 years

-30.53%

-22.01%

-8.52%

Current Drawdown

Current decline from peak

-14.69%

-4.25%

-10.44%

Average Drawdown

Average peak-to-trough decline

-6.97%

-3.53%

-3.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.38%

0.88%

+0.50%

Volatility

DUTMX vs. MCBDX - Volatility Comparison

Dupree Taxable Municipal Bond Fund (DUTMX) has a higher volatility of 1.19% compared to MassMutual Core Bond Fund (MCBDX) at 1.06%. This indicates that DUTMX's price experiences larger fluctuations and is considered to be riskier than MCBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


DUTMXMCBDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.19%

1.06%

+0.13%

Volatility (6M)

Calculated over the trailing 6-month period

3.83%

2.83%

+1.00%

Volatility (1Y)

Calculated over the trailing 1-year period

5.56%

3.82%

+1.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.81%

20.11%

-11.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.08%

14.45%

-7.37%

DUTMX vs. MCBDX - Expense Ratio Comparison

DUTMX has a 1.00% expense ratio, which is higher than MCBDX's 0.52% expense ratio.


Dividends

DUTMX vs. MCBDX - Dividend Comparison

DUTMX's dividend yield for the trailing twelve months is around 4.48%, which matches MCBDX's 4.48% yield.


PositionTTM20252024202320222021202020192018201720162015
DUTMX
Dupree Taxable Municipal Bond Fund
4.48%4.57%4.26%4.02%4.28%2.32%4.69%5.18%5.04%4.89%4.84%4.77%
MCBDX
MassMutual Core Bond Fund
4.48%4.50%1.93%4.62%3.83%31.12%5.98%3.35%3.32%2.96%3.29%1.43%

Frequently Asked Questions


DUTMX and MCBDX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DUTMX has higher volatility (1.19%) compared to MCBDX (1.06%). In terms of maximum drawdown, DUTMX dropped -30.53% vs MCBDX's -22.01%.

MCBDX currently has the higher Sharpe Ratio (1.50 vs 1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for DUTMX and MCBDX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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