MAVKX vs. MACHX

Last updated Aug 1, 2026

MAVKX (Mutual of America Small Cap Value Fund) and MACHX (Mutual of America Composite Fund) are both mutual funds - MAVKX is a Small Cap Value Equities fund managed by Mutual of America, while MACHX is a Diversified Portfolio fund managed by Mutual of America. Over the past 5 years, MAVKX returned 6.54%/yr vs 9.10%/yr for MACHX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. MAVKX charges 0.82%/yr vs 0.54%/yr for MACHX.

Performance

MAVKX vs. MACHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mutual of America Small Cap Value Fund (MAVKX) and Mutual of America Composite Fund (MACHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAVKX achieves a 17.69% return, which is significantly higher than MACHX's 7.43% return.

MAVKX

• 1D: 0.67%
• 1M: -0.54%
• 6M: 10.55%
• YTD: 17.69%
• 1Y: 24.96%
• 3Y*: 9.79%
• 5Y*: 6.54%
• 10Y*: —
• ALL TIME*: 50.98%

MACHX

• 1D: 1.41%
• 1M: 0.48%
• 6M: 5.67%
• YTD: 7.43%
• 1Y: 16.45%
• 3Y*: 15.33%
• 5Y*: 9.10%
• 10Y*: —
• ALL TIME*: 54.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MACHX Mutual of America Composite Fund	$0.00	$0.00	$0.00
MAVKX Mutual of America Small Cap Value Fund	$0.00	$0.00	$0.00

MAVKX vs. MACHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MAVKX Mutual of America Small Cap Value Fund	17.69%	2.04%	10.56%	7.14%	-9.93%	31.43%	790.73%
MACHX Mutual of America Composite Fund	7.43%	18.88%	16.49%	14.56%	-12.57%	14.64%	919.15%

Correlation

The correlation between MAVKX and MACHX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.65
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020	0.74

The correlation between MAVKX and MACHX has been stable across timeframes, ranging from 0.65 to 0.74 - a consistent structural relationship.

Return for Risk

MAVKX vs. MACHX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MAVKX

MAVKX Risk / Return Rank: 66
MAVKX Sharpe Ratio Rank: 59
MAVKX Sortino Ratio Rank: 67
MAVKX Omega Ratio Rank: 54
MAVKX Calmar Ratio Rank: 79
MAVKX Martin Ratio Rank: 73

MACHX

MACHX Risk / Return Rank: 82
MACHX Sharpe Ratio Rank: 79
MACHX Sortino Ratio Rank: 80
MACHX Omega Ratio Rank: 77
MACHX Calmar Ratio Rank: 82
MACHX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MAVKX vs. MACHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mutual of America Small Cap Value Fund (MAVKX) and Mutual of America Composite Fund (MACHX). 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.

	MAVKX	MACHX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	1.90	-0.35
Sortino ratio: Return per unit of downside risk	2.37	2.84	-0.47
Omega ratio: Gain probability vs. loss probability	1.27	1.35	-0.07
Calmar ratio: Return relative to maximum drawdown	2.66	2.80	-0.14
Martin ratio: Return relative to average drawdown	9.33	13.05	-3.72

MAVKX vs. MACHX - Sharpe Ratio Comparison

The current MAVKX Sharpe Ratio is 1.54, which is comparable to the MACHX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of MAVKX and MACHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAVKX vs. MACHX - Drawdown Comparison

The maximum MAVKX drawdown since its inception was -44.74%, which is greater than MACHX's maximum drawdown of -21.24%. Use the drawdown chart below to compare losses from any high point for MAVKX and MACHX.

Drawdown Indicators

	MAVKX	MACHX	Difference
Max Drawdown Largest peak-to-trough decline	-44.74%	-21.24%	-23.50%
Max Drawdown (1Y) Largest decline over 1 year	-9.34%	-6.17%	-3.17%
Max Drawdown (3Y) Largest decline over 3 years	-25.00%	-14.97%	-10.03%
Max Drawdown (5Y) Largest decline over 5 years	-25.00%	-18.57%	-6.43%
Current Drawdown Current decline from peak	-1.79%	-0.33%	-1.46%
Average Drawdown Average peak-to-trough decline	-8.85%	-4.08%	-4.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	1.26%	+1.33%

Volatility

MAVKX vs. MACHX - Volatility Comparison

Mutual of America Small Cap Value Fund (MAVKX) has a higher volatility of 3.40% compared to Mutual of America Composite Fund (MACHX) at 2.45%. This indicates that MAVKX's price experiences larger fluctuations and is considered to be riskier than MACHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAVKX	MACHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	2.45%	+0.95%
Volatility (6M) Calculated over the trailing 6-month period	10.75%	7.00%	+3.75%
Volatility (1Y) Calculated over the trailing 1-year period	16.11%	9.12%	+6.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.47%	12.78%	+8.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	377.23%	373.71%	+3.52%

MAVKX vs. MACHX - Expense Ratio Comparison

MAVKX has a 0.82% expense ratio, which is higher than MACHX's 0.54% expense ratio.

Dividends

MAVKX vs. MACHX - Dividend Comparison

MAVKX's dividend yield for the trailing twelve months is around 4.31%, less than MACHX's 10.97% yield.

Position	TTM	2025	2024	2023	2022	2021
MACHX Mutual of America Composite Fund	10.97%	11.75%	8.06%	6.00%	6.23%	3.64%
MAVKX Mutual of America Small Cap Value Fund	4.31%	5.14%	5.56%	4.59%	10.13%	6.98%

Frequently Asked Questions

Can I hold both MAVKX and MACHX in my portfolio?

MAVKX and MACHX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAVKX or MACHX?

MAVKX has higher volatility (3.40%) compared to MACHX (2.45%). In terms of maximum drawdown, MAVKX dropped -44.74% vs MACHX's -21.24%.

Which has better risk-adjusted returns?

MACHX currently has the higher Sharpe Ratio (1.90 vs 1.54), 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.