MGFAX vs. FGIAX
Compare and contrast key facts about MassMutual Global Fund (MGFAX) and Nuveen Global Infrastructure Fund Class A (FGIAX).
MGFAX is managed by MassMutual. It was launched on Dec 30, 2004. FGIAX is a passively managed fund by Nuveen that tracks the performance of the S&P Global Infrastructure Index NR. It was launched on Dec 17, 2007.
Performance
MGFAX vs. FGIAX - Performance Comparison
Loading graphics...
MGFAX vs. FGIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGFAX MassMutual Global Fund | -13.50% | 14.37% | 15.01% | 33.87% | -32.08% | 19.60% | 27.18% | 30.67% | -14.19% | 35.30% |
FGIAX Nuveen Global Infrastructure Fund Class A | 9.53% | 17.73% | 10.70% | 8.51% | -6.23% | 14.51% | -2.76% | 29.32% | -7.91% | 19.40% |
Returns By Period
In the year-to-date period, MGFAX achieves a -13.50% return, which is significantly lower than FGIAX's 9.53% return. Over the past 10 years, MGFAX has outperformed FGIAX with an annualized return of 9.83%, while FGIAX has yielded a comparatively lower 8.70% annualized return.
MGFAX
- 1D
- -0.48%
- 1M
- -10.80%
- YTD
- -13.50%
- 6M
- -10.60%
- 1Y
- 4.81%
- 3Y*
- 10.23%
- 5Y*
- 4.17%
- 10Y*
- 9.83%
FGIAX
- 1D
- 0.53%
- 1M
- -3.78%
- YTD
- 9.53%
- 6M
- 10.02%
- 1Y
- 20.91%
- 3Y*
- 14.03%
- 5Y*
- 10.45%
- 10Y*
- 8.70%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGFAX vs. FGIAX - Expense Ratio Comparison
MGFAX has a 1.41% expense ratio, which is higher than FGIAX's 1.21% expense ratio.
Return for Risk
MGFAX vs. FGIAX — Risk / Return Rank
MGFAX
FGIAX
MGFAX vs. FGIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Global Fund (MGFAX) and Nuveen Global Infrastructure Fund Class A (FGIAX). 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.
| MGFAX | FGIAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.23 | 1.75 | -1.52 |
Sortino ratioReturn per unit of downside risk | 0.47 | 2.26 | -1.78 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.35 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | 0.13 | 2.61 | -2.48 |
Martin ratioReturn relative to average drawdown | 0.49 | 12.12 | -11.63 |
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
| MGFAX | FGIAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 1.75 | -1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.80 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.58 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.42 | -0.14 |
Correlation
The correlation between MGFAX and FGIAX is 0.72, 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
MGFAX vs. FGIAX - Dividend Comparison
MGFAX's dividend yield for the trailing twelve months is around 50.47%, more than FGIAX's 9.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGFAX MassMutual Global Fund | 50.47% | 43.66% | 16.85% | 30.43% | 28.11% | 15.89% | 5.05% | 0.36% | 27.78% | 12.10% | 3.75% | 8.25% |
FGIAX Nuveen Global Infrastructure Fund Class A | 9.12% | 9.99% | 7.46% | 2.27% | 6.11% | 7.20% | 1.38% | 7.06% | 6.32% | 5.83% | 8.23% | 3.05% |
Drawdowns
MGFAX vs. FGIAX - Drawdown Comparison
The maximum MGFAX drawdown since its inception was -62.06%, which is greater than FGIAX's maximum drawdown of -49.35%. Use the drawdown chart below to compare losses from any high point for MGFAX and FGIAX.
Loading graphics...
Drawdown Indicators
| MGFAX | FGIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.06% | -49.35% | -12.71% |
Max Drawdown (1Y)Largest decline over 1 year | -16.38% | -8.29% | -8.09% |
Max Drawdown (5Y)Largest decline over 5 years | -46.09% | -21.08% | -25.01% |
Max Drawdown (10Y)Largest decline over 10 years | -46.09% | -38.02% | -8.07% |
Current DrawdownCurrent decline from peak | -16.38% | -3.78% | -12.60% |
Average DrawdownAverage peak-to-trough decline | -13.68% | -7.22% | -6.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.27% | 1.78% | +2.49% |
Volatility
MGFAX vs. FGIAX - Volatility Comparison
MassMutual Global Fund (MGFAX) has a higher volatility of 5.70% compared to Nuveen Global Infrastructure Fund Class A (FGIAX) at 4.05%. This indicates that MGFAX's price experiences larger fluctuations and is considered to be riskier than FGIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MGFAX | FGIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 4.05% | +1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 11.79% | 7.09% | +4.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.57% | 12.28% | +7.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.39% | 13.08% | +20.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.51% | 15.17% | +12.34% |