MDVAX vs. ARINX
MDVAX (MassMutual Diversified Bond Fund) and ARINX (Archer Income Fund) are both Intermediate Core-Plus Bond funds. Over the past 10 years, MDVAX returned 1.99%/yr vs 2.06%/yr for ARINX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. MDVAX charges 1.07%/yr vs 0.98%/yr for ARINX.
Performance
MDVAX vs. ARINX - Performance Comparison
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Returns By Period
In the year-to-date period, MDVAX achieves a 2.33% return, which is significantly higher than ARINX's 0.58% return. Both investments have delivered pretty close results over the past 10 years, with MDVAX having a 1.99% annualized return and ARINX not far ahead at 2.06%.
MDVAX
- 1D
- 0.12%
- 1M
- -0.70%
- 6M
- 1.66%
- YTD
- 2.33%
- 1Y
- 5.36%
- 3Y*
- 5.74%
- 5Y*
- -0.11%
- 10Y*
- 1.99%
- ALL TIME*
- 3.12%
ARINX
- 1D
- 0.03%
- 1M
- -0.19%
- 6M
- 0.19%
- YTD
- 0.58%
- 1Y
- 2.54%
- 3Y*
- 4.28%
- 5Y*
- 1.22%
- 10Y*
- 2.06%
- ALL TIME*
- 2.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ARINX Archer Income Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
MDVAX vs. ARINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDVAX MassMutual Diversified Bond Fund | 2.33% | 8.40% | 2.47% | 5.81% | -17.01% | 1.95% | 8.08% | 10.12% | -1.55% | 4.52% |
ARINX Archer Income Fund | 0.58% | 4.42% | 4.90% | 3.99% | -6.84% | 1.52% | 4.29% | 6.19% | 0.35% | 3.18% |
Correlation
The correlation between MDVAX and ARINX is 0.72, 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. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2011 | 0.68 |
The correlation between MDVAX and ARINX shifts across timeframes, from 0.68 (all time) to 0.79 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
MDVAX vs. ARINX — Risk / Return Rank
MDVAX
ARINX
MDVAX vs. ARINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Diversified Bond Fund (MDVAX) and Archer Income Fund (ARINX). 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.
| MDVAX | ARINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.31 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 1.84 | +0.98 |
| Martin ratioReturn relative to average drawdown | 11.79 | 5.71 | +6.08 |
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Drawdowns
MDVAX vs. ARINX - Drawdown Comparison
The maximum MDVAX drawdown since its inception was -23.02%, which is greater than ARINX's maximum drawdown of -9.38%. Use the drawdown chart below to compare losses from any high point for MDVAX and ARINX.
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Drawdown Indicators
| MDVAX | ARINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.02% | -9.38% | -13.64% |
Max Drawdown (1Y)Largest decline over 1 year | -2.21% | -1.57% | -0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -4.87% | -1.57% | -3.30% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | -9.38% | -13.64% |
Max Drawdown (10Y)Largest decline over 10 years | -23.02% | -9.38% | -13.64% |
Current DrawdownCurrent decline from peak | -3.63% | -0.63% | -3.00% |
Average DrawdownAverage peak-to-trough decline | -3.47% | -1.71% | -1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.53% | 0.51% | +0.02% |
Volatility
MDVAX vs. ARINX - Volatility Comparison
MassMutual Diversified Bond Fund (MDVAX) has a higher volatility of 0.57% compared to Archer Income Fund (ARINX) at 0.52%. This indicates that MDVAX's price experiences larger fluctuations and is considered to be riskier than ARINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDVAX | ARINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.57% | 0.52% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.15% | 1.57% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.02% | 1.82% | +1.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.45% | 2.09% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 1.97% | +3.29% |
MDVAX vs. ARINX - Expense Ratio Comparison
MDVAX has a 1.07% expense ratio, which is higher than ARINX's 0.98% expense ratio.
Dividends
MDVAX vs. ARINX - Dividend Comparison
MDVAX's dividend yield for the trailing twelve months is around 3.80%, more than ARINX's 3.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARINX Archer Income Fund | 3.61% | 2.72% | 3.77% | 3.15% | 2.72% | 2.56% | 2.66% | 2.69% | 2.84% | 2.94% | 2.84% | 2.79% |
MDVAX MassMutual Diversified Bond Fund | 3.80% | 3.91% | 2.45% | 4.87% | 3.76% | 4.06% | 7.20% | 2.90% | 2.86% | 2.64% | 2.11% | 0.53% |
Frequently Asked Questions
MDVAX and ARINX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDVAX has higher volatility (0.57%) compared to ARINX (0.52%). In terms of maximum drawdown, MDVAX dropped -23.02% vs ARINX's -9.38%.
MDVAX currently has the higher Sharpe Ratio (2.08 vs 1.59), 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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