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MAAKX vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MAAKX vs. IVV

Last updated Jun 23, 2026

MAAKX (Mutual of America All America Fund) and IVV (iShares Core S&P 500 ETF) are both funds - MAAKX is a Large Cap Blend Equities fund managed by Mutual of America, while IVV is a S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, MAAKX returned 8.97%/yr vs 13.58%/yr for IVV. Their correlation of 0.82 suggests significant overlap in exposure. MAAKX charges 0.54%/yr vs 0.03%/yr for IVV.

Performance

MAAKX vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mutual of America All America Fund (MAAKX) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MAAKX achieves a 11.31% return, which is significantly higher than IVV's 9.76% return.

MAAKX

1D
0.98%
1M
1.61%
YTD
11.31%
6M
10.06%
1Y
24.43%
3Y*
15.72%
5Y*
8.97%
10Y*
—

IVV

1D
-0.31%
1M
0.09%
YTD
9.76%
6M
9.30%
1Y
26.83%
3Y*
21.37%
5Y*
13.58%
10Y*
15.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MAAKX vs. IVV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
MAAKX
Mutual of America All America Fund		11.31%12.04%18.57%16.94%-18.15%24.66%890.98%
IVV
iShares Core S&P 500 ETF		9.76%17.85%24.93%26.31%-18.16%28.76%18.40%

Correlation

The correlation between MAAKX and IVV is 0.86, 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

0.86

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

0.87

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

0.81

Correlation (All Time)
Calculated using the full available price history since Jan 2, 2020

0.82

The correlation between MAAKX and IVV has been stable across timeframes, ranging from 0.81 to 0.87 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Mutual of America All America Fund

iShares Core S&P 500 ETF

Often compared with MAAKX:
MAAKX vs. MURLXMAAKX vs. MAMEXMAAKX vs. MAGKXMAAKX vs. MACAXMAAKX vs. MACHXMAAKX vs. MUROXMAAKX vs. MURNX
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

MAAKX vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MAAKX
MAAKX Risk / Return Rank: 6767
Overall Rank
MAAKX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
MAAKX Sortino Ratio Rank: 6161
Sortino Ratio Rank
MAAKX Omega Ratio Rank: 5656
Omega Ratio Rank
MAAKX Calmar Ratio Rank: 7474
Calmar Ratio Rank
MAAKX Martin Ratio Rank: 8686
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 6969
Overall Rank
IVV Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 6767
Sortino Ratio Rank
IVV Omega Ratio Rank: 6969
Omega Ratio Rank
IVV Calmar Ratio Rank: 6363
Calmar Ratio Rank
IVV Martin Ratio Rank: 7474
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.

MAAKX vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mutual of America All America Fund (MAAKX) and iShares Core S&P 500 ETF (IVV). 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.

MAAKXIVVDifference
Sharpe ratioReturn per unit of total volatility
2.07
2.18

-0.10

Sortino ratioReturn per unit of downside risk
2.98
2.93

+0.05

Omega ratioGain probability vs. loss probability

1.38

1.39

-0.02

Calmar ratioReturn relative to maximum drawdown

3.19

3.03

+0.16

Martin ratioReturn relative to average drawdown

15.07

13.61

+1.46

MAAKX vs. IVV - Sharpe Ratio Comparison

The current MAAKX Sharpe Ratio is 2.07, which is comparable to the IVV Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of MAAKX and IVV, 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

MAAKX vs. IVV - Drawdown Comparison

The maximum MAAKX drawdown since its inception was -35.71%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for MAAKX and IVV.

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Drawdown Indicators

MAAKXIVVDifference

Max Drawdown

Largest peak-to-trough decline

-35.71%

-55.25%

+19.54%

Max Drawdown (1Y)

Largest decline over 1 year

-8.55%

-8.89%

+0.34%

Max Drawdown (3Y)

Largest decline over 3 years

-19.43%

-18.75%

-0.68%

Max Drawdown (5Y)

Largest decline over 5 years

-23.93%

-24.53%

+0.60%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.90%

—

Current Drawdown

Current decline from peak

-0.40%

-1.74%

+1.34%

Average Drawdown

Average peak-to-trough decline

-6.18%

-10.76%

+4.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.76%

1.98%

-0.22%

Volatility

MAAKX vs. IVV - Volatility Comparison

The current volatility for Mutual of America All America Fund (MAAKX) is 4.31%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.67%. This indicates that MAAKX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MAAKXIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.31%

4.67%

-0.36%

Volatility (6M)

Calculated over the trailing 6-month period

10.29%

9.75%

+0.54%

Volatility (1Y)

Calculated over the trailing 1-year period

13.17%

12.41%

+0.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.86%

16.97%

+2.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

381.27%

18.10%

+363.17%

MAAKX vs. IVV - Expense Ratio Comparison

MAAKX has a 0.54% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

MAAKX vs. IVV - Dividend Comparison

MAAKX's dividend yield for the trailing twelve months is around 15.28%, more than IVV's 1.09% yield.

PositionTTM20252024202320222021202020192018201720162015
IVV
iShares Core S&P 500 ETF		1.09%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%
MAAKX
Mutual of America All America Fund		14.88%17.01%11.32%7.30%14.64%8.33%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

MAAKX and IVV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IVV has higher volatility (4.67%) compared to MAAKX (4.31%). In terms of maximum drawdown, MAAKX dropped -35.71% vs IVV's -55.25%.

IVV currently has the higher Sharpe Ratio (2.18 vs 2.07), 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.

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