MEFAX vs. MOGAX

Last updated Apr 1, 2026

Compare and contrast key facts about MassMutual Mid Cap Growth Fund (MEFAX) and MassMutual 60/40 Allocation Fund (MOGAX).

MEFAX is managed by MassMutual. It was launched on May 31, 2000. MOGAX is managed by MassMutual. It was launched on Jun 19, 2011.

Performance

MEFAX vs. MOGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MassMutual Mid Cap Growth Fund (MEFAX) and MassMutual 60/40 Allocation Fund (MOGAX). The values are adjusted to include any dividend payments, if applicable.

MEFAX vs. MOGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MEFAX MassMutual Mid Cap Growth Fund	-6.22%	3.19%	10.80%	19.11%	-24.58%	13.75%	25.52%	40.75%	-3.88%	24.12%
MOGAX MassMutual 60/40 Allocation Fund	0.00%	10.54%	8.82%	14.26%	-22.35%	13.74%	12.03%	24.58%	-8.02%	14.54%

Returns By Period

MEFAX

• 1D: -0.53%
• 1M: -9.93%
• YTD: -6.22%
• 6M: -6.00%
• 1Y: 5.69%
• 3Y*: 6.02%
• 5Y*: 1.34%
• 10Y*: 9.34%

MOGAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEFAX vs. MOGAX - Expense Ratio Comparison

MEFAX has a 1.20% expense ratio, which is higher than MOGAX's 0.61% expense ratio.

MEFAX

MassMutual Mid Cap Growth Fund

MOGAX

MassMutual 60/40 Allocation Fund

Return for Risk

MEFAX vs. MOGAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MEFAX

MEFAX Risk / Return Rank: 12
MEFAX Sharpe Ratio Rank: 11
MEFAX Sortino Ratio Rank: 12
MEFAX Omega Ratio Rank: 11
MEFAX Calmar Ratio Rank: 11
MEFAX Martin Ratio Rank: 12

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MEFAX vs. MOGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MassMutual Mid Cap Growth Fund (MEFAX) and MassMutual 60/40 Allocation Fund (MOGAX). 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.

	MEFAX	MOGAX	Difference
Sharpe ratio Return per unit of total volatility	0.28	—	—
Sortino ratio Return per unit of downside risk	0.55	—	—
Omega ratio Gain probability vs. loss probability	1.07	—	—
Calmar ratio Return relative to maximum drawdown	0.25	—	—
Martin ratio Return relative to average drawdown	1.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MEFAX	MOGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	—	—

Correlation

The correlation between MEFAX and MOGAX is 0.87, 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

MEFAX vs. MOGAX - Dividend Comparison

MEFAX's dividend yield for the trailing twelve months is around 36.42%, more than MOGAX's 3.65% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEFAX MassMutual Mid Cap Growth Fund	36.42%	34.16%	21.40%	7.62%	20.71%	29.49%	6.92%	12.81%	12.06%	7.66%	5.32%	10.27%
MOGAX MassMutual 60/40 Allocation Fund	3.65%	3.65%	6.23%	3.93%	1.84%	13.14%	3.65%	13.70%	15.46%	1.02%	1.55%	3.52%

Drawdowns

Drawdown Indicators

	MEFAX	MOGAX	Difference
Max Drawdown Largest peak-to-trough decline	-56.04%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.14%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.14%	—	—
Current Drawdown Current decline from peak	-23.60%	—	—
Average Drawdown Average peak-to-trough decline	-11.39%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	—	—

Volatility

Volatility by Period

	MEFAX	MOGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.00%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.41%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.88%	—	—