MARMX vs. MACAX
Compare and contrast key facts about Mutual of America Retirement Income Fund (MARMX) and Mutual of America Conservative Allocation Fund (MACAX).
MARMX is managed by Mutual of America. It was launched on Nov 29, 2021. MACAX is managed by Mutual of America. It was launched on Nov 29, 2021.
Performance
MARMX vs. MACAX - Performance Comparison
Loading graphics...
MARMX vs. MACAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MARMX Mutual of America Retirement Income Fund | -1.88% | 10.54% | 5.88% | 7.79% | -11.40% | 3.49% | 890.98% |
MACAX Mutual of America Conservative Allocation Fund | -2.45% | 11.09% | 6.84% | 8.97% | -12.93% | 5.77% | 897.64% |
Returns By Period
In the year-to-date period, MARMX achieves a -1.88% return, which is significantly higher than MACAX's -2.45% return.
MARMX
- 1D
- -0.26%
- 1M
- -3.84%
- YTD
- -1.88%
- 6M
- -0.21%
- 1Y
- 7.50%
- 3Y*
- 6.21%
- 5Y*
- 2.53%
- 10Y*
- —
MACAX
- 1D
- -0.60%
- 1M
- -4.55%
- YTD
- -2.45%
- 6M
- -0.79%
- 1Y
- 7.61%
- 3Y*
- 6.74%
- 5Y*
- 2.85%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MARMX vs. MACAX - Expense Ratio Comparison
MARMX has a 0.13% expense ratio, which is higher than MACAX's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
MARMX vs. MACAX — Risk / Return Rank
MARMX
MACAX
MARMX vs. MACAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mutual of America Retirement Income Fund (MARMX) and Mutual of America Conservative Allocation Fund (MACAX). 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.
| MARMX | MACAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.40 | 1.23 | +0.17 |
Sortino ratioReturn per unit of downside risk | 2.08 | 1.83 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.25 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.12 | +0.27 |
Martin ratioReturn relative to average drawdown | 5.92 | 4.86 | +1.06 |
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
| MARMX | MACAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 1.23 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.37 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.15 | 0.00 |
Correlation
The correlation between MARMX and MACAX is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MARMX vs. MACAX - Dividend Comparison
MARMX's dividend yield for the trailing twelve months is around 4.40%, less than MACAX's 7.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MARMX Mutual of America Retirement Income Fund | 4.40% | 4.32% | 4.16% | 1.55% | 5.73% | 2.03% |
MACAX Mutual of America Conservative Allocation Fund | 7.37% | 7.19% | 4.33% | 1.83% | 7.35% | 4.06% |
Drawdowns
MARMX vs. MACAX - Drawdown Comparison
The maximum MARMX drawdown since its inception was -16.21%, smaller than the maximum MACAX drawdown of -17.36%. Use the drawdown chart below to compare losses from any high point for MARMX and MACAX.
Loading graphics...
Drawdown Indicators
| MARMX | MACAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.21% | -17.36% | +1.15% |
Max Drawdown (1Y)Largest decline over 1 year | -4.10% | -4.76% | +0.66% |
Max Drawdown (5Y)Largest decline over 5 years | -15.94% | -17.36% | +1.42% |
Current DrawdownCurrent decline from peak | -3.92% | -4.63% | +0.71% |
Average DrawdownAverage peak-to-trough decline | -4.41% | -4.41% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 1.32% | -0.18% |
Volatility
MARMX vs. MACAX - Volatility Comparison
The current volatility for Mutual of America Retirement Income Fund (MARMX) is 1.55%, while Mutual of America Conservative Allocation Fund (MACAX) has a volatility of 1.84%. This indicates that MARMX experiences smaller price fluctuations and is considered to be less risky than MACAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MARMX | MACAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.55% | 1.84% | -0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 3.55% | 4.15% | -0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.11% | 7.03% | -0.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.50% | 8.79% | -1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 399.92% | 402.11% | -2.19% |