MDVAX vs. JAFLX
Compare and contrast key facts about MassMutual Diversified Bond Fund (MDVAX) and Janus Henderson VIT Flexible Bond Portfolio (JAFLX).
MDVAX is managed by MassMutual. It was launched on May 3, 1999. JAFLX is managed by Janus Henderson. It was launched on Sep 13, 1993.
Performance
MDVAX vs. JAFLX - Performance Comparison
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MDVAX vs. JAFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDVAX MassMutual Diversified Bond Fund | -0.09% | 8.40% | 2.47% | 5.81% | -17.01% | 1.95% | 8.08% | 10.12% | -1.55% | 4.52% |
JAFLX Janus Henderson VIT Flexible Bond Portfolio | -0.20% | 7.41% | 1.96% | 5.52% | -13.64% | -0.89% | 10.48% | 9.57% | -1.00% | 3.62% |
Returns By Period
In the year-to-date period, MDVAX achieves a -0.09% return, which is significantly higher than JAFLX's -0.20% return. Both investments have delivered pretty close results over the past 10 years, with MDVAX having a 2.08% annualized return and JAFLX not far ahead at 2.09%.
MDVAX
- 1D
- 0.36%
- 1M
- -1.52%
- YTD
- -0.09%
- 6M
- 0.64%
- 1Y
- 5.04%
- 3Y*
- 4.73%
- 5Y*
- 0.08%
- 10Y*
- 2.08%
JAFLX
- 1D
- 0.30%
- 1M
- -1.49%
- YTD
- -0.20%
- 6M
- 0.65%
- 1Y
- 4.00%
- 3Y*
- 3.87%
- 5Y*
- 0.35%
- 10Y*
- 2.09%
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MDVAX vs. JAFLX - Expense Ratio Comparison
MDVAX has a 1.07% expense ratio, which is higher than JAFLX's 0.57% expense ratio.
Return for Risk
MDVAX vs. JAFLX — Risk / Return Rank
MDVAX
JAFLX
MDVAX vs. JAFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Diversified Bond Fund (MDVAX) and Janus Henderson VIT Flexible Bond Portfolio (JAFLX). 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.
| MDVAX | JAFLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 1.05 | +0.41 |
Sortino ratioReturn per unit of downside risk | 2.10 | 1.48 | +0.62 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.19 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.57 | +0.48 |
Martin ratioReturn relative to average drawdown | 7.79 | 4.90 | +2.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MDVAX | JAFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 1.05 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.06 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.43 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 1.04 | -0.35 |
Correlation
The correlation between MDVAX and JAFLX is 0.89, 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
MDVAX vs. JAFLX - Dividend Comparison
MDVAX's dividend yield for the trailing twelve months is around 3.59%, less than JAFLX's 5.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDVAX MassMutual Diversified Bond Fund | 3.59% | 3.91% | 2.45% | 4.87% | 3.76% | 4.06% | 7.20% | 2.90% | 2.86% | 2.64% | 2.11% | 0.53% |
JAFLX Janus Henderson VIT Flexible Bond Portfolio | 5.35% | 5.34% | 5.09% | 4.27% | 4.75% | 4.84% | 2.87% | 3.31% | 3.21% | 2.98% | 2.92% | 2.90% |
Drawdowns
MDVAX vs. JAFLX - Drawdown Comparison
The maximum MDVAX drawdown since its inception was -23.02%, which is greater than JAFLX's maximum drawdown of -18.06%. Use the drawdown chart below to compare losses from any high point for MDVAX and JAFLX.
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Drawdown Indicators
| MDVAX | JAFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.02% | -18.06% | -4.96% |
Max Drawdown (1Y)Largest decline over 1 year | -3.00% | -2.87% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | -18.06% | -4.96% |
Max Drawdown (10Y)Largest decline over 10 years | -23.02% | -18.06% | -4.96% |
Current DrawdownCurrent decline from peak | -5.91% | -1.98% | -3.93% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -2.12% | -1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.92% | -0.13% |
Volatility
MDVAX vs. JAFLX - Volatility Comparison
The current volatility for MassMutual Diversified Bond Fund (MDVAX) is 1.02%, while Janus Henderson VIT Flexible Bond Portfolio (JAFLX) has a volatility of 1.60%. This indicates that MDVAX experiences smaller price fluctuations and is considered to be less risky than JAFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDVAX | JAFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.60% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 1.99% | 2.44% | -0.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 4.23% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.45% | 6.03% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 4.92% | +0.34% |