MDVAX vs. VGSBX
Compare and contrast key facts about MassMutual Diversified Bond Fund (MDVAX) and VY BrandywineGLOBAL - Bond Portfolio (VGSBX).
MDVAX is managed by MassMutual. It was launched on May 3, 1999. VGSBX is managed by Voya. It was launched on Feb 20, 2015.
Performance
MDVAX vs. VGSBX - Performance Comparison
Loading graphics...
MDVAX vs. VGSBX - 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% |
VGSBX VY BrandywineGLOBAL - Bond Portfolio | 0.32% | 6.12% | 0.68% | 5.65% | -11.86% | 1.15% | 17.48% | 10.01% | -1.55% | 2.93% |
Returns By Period
In the year-to-date period, MDVAX achieves a -0.09% return, which is significantly lower than VGSBX's 0.32% return. Over the past 10 years, MDVAX has underperformed VGSBX with an annualized return of 2.08%, while VGSBX has yielded a comparatively higher 2.88% annualized return.
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%
VGSBX
- 1D
- 0.11%
- 1M
- -0.32%
- YTD
- 0.32%
- 6M
- 1.07%
- 1Y
- 3.87%
- 3Y*
- 2.50%
- 5Y*
- 0.14%
- 10Y*
- 2.88%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MDVAX vs. VGSBX - Expense Ratio Comparison
MDVAX has a 1.07% expense ratio, which is higher than VGSBX's 0.55% expense ratio.
Return for Risk
MDVAX vs. VGSBX — Risk / Return Rank
MDVAX
VGSBX
MDVAX vs. VGSBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Diversified Bond Fund (MDVAX) and VY BrandywineGLOBAL - Bond Portfolio (VGSBX). 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 | VGSBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.97 | +0.48 |
Sortino ratioReturn per unit of downside risk | 2.10 | 1.51 | +0.59 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.19 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 2.12 | -0.07 |
Martin ratioReturn relative to average drawdown | 7.79 | 6.57 | +1.22 |
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
| MDVAX | VGSBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.97 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.02 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.47 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.50 | +0.19 |
Correlation
The correlation between MDVAX and VGSBX is 0.81, 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. VGSBX - Dividend Comparison
MDVAX's dividend yield for the trailing twelve months is around 3.59%, less than VGSBX's 3.92% 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% |
VGSBX VY BrandywineGLOBAL - Bond Portfolio | 3.92% | 3.93% | 4.56% | 2.18% | 6.85% | 8.48% | 2.48% | 1.89% | 2.29% | 2.31% | 2.34% | 0.00% |
Drawdowns
MDVAX vs. VGSBX - Drawdown Comparison
The maximum MDVAX drawdown since its inception was -23.02%, which is greater than VGSBX's maximum drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for MDVAX and VGSBX.
Loading graphics...
Drawdown Indicators
| MDVAX | VGSBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.02% | -18.20% | -4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -3.00% | -2.73% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | -18.20% | -4.82% |
Max Drawdown (10Y)Largest decline over 10 years | -23.02% | -18.20% | -4.82% |
Current DrawdownCurrent decline from peak | -5.91% | -0.63% | -5.28% |
Average DrawdownAverage peak-to-trough decline | -3.46% | -3.50% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.88% | -0.09% |
Volatility
MDVAX vs. VGSBX - Volatility Comparison
MassMutual Diversified Bond Fund (MDVAX) has a higher volatility of 1.02% compared to VY BrandywineGLOBAL - Bond Portfolio (VGSBX) at 0.72%. This indicates that MDVAX's price experiences larger fluctuations and is considered to be riskier than VGSBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MDVAX | VGSBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 0.72% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 1.99% | 2.03% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 4.90% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.45% | 7.86% | -1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 6.20% | -0.94% |