MEFAX vs. FXAIX
Compare and contrast key facts about MassMutual Mid Cap Growth Fund (MEFAX) and Fidelity 500 Index Fund (FXAIX).
MEFAX is managed by MassMutual. It was launched on May 31, 2000. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MEFAX or FXAIX.
Correlation
The correlation between MEFAX and FXAIX is 0.90, 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.
Performance
MEFAX vs. FXAIX - Performance Comparison
Key characteristics
MEFAX:
-0.51
FXAIX:
1.75
MEFAX:
-0.47
FXAIX:
2.36
MEFAX:
0.91
FXAIX:
1.32
MEFAX:
-0.21
FXAIX:
2.66
MEFAX:
-1.21
FXAIX:
11.02
MEFAX:
9.31%
FXAIX:
2.04%
MEFAX:
22.27%
FXAIX:
12.89%
MEFAX:
-60.53%
FXAIX:
-33.79%
MEFAX:
-53.22%
FXAIX:
-2.12%
Returns By Period
In the year-to-date period, MEFAX achieves a -0.62% return, which is significantly lower than FXAIX's 2.42% return. Over the past 10 years, MEFAX has underperformed FXAIX with an annualized return of -3.15%, while FXAIX has yielded a comparatively higher 12.86% annualized return.
MEFAX
-0.62%
-4.54%
-15.53%
-12.55%
-8.77%
-3.15%
FXAIX
2.42%
-1.08%
7.43%
19.81%
14.30%
12.86%
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MEFAX vs. FXAIX - Expense Ratio Comparison
MEFAX has a 1.20% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MEFAX vs. FXAIX — Risk-Adjusted Performance Rank
MEFAX
FXAIX
MEFAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Mid Cap Growth Fund (MEFAX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
MEFAX vs. FXAIX - Dividend Comparison
MEFAX's dividend yield for the trailing twelve months is around 0.43%, less than FXAIX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MEFAX MassMutual Mid Cap Growth Fund | 0.43% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
MEFAX vs. FXAIX - Drawdown Comparison
The maximum MEFAX drawdown since its inception was -60.53%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MEFAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MEFAX vs. FXAIX - Volatility Comparison
MassMutual Mid Cap Growth Fund (MEFAX) has a higher volatility of 3.94% compared to Fidelity 500 Index Fund (FXAIX) at 3.43%. This indicates that MEFAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.