MIEYX vs. MBCSX

Last updated Jun 6, 2026

MIEYX (MM S&P 500 Index Fund) and MBCSX (MassMutual Blue Chip Growth Fund) are both mutual funds - MIEYX is a S&P 500 fund tracking the S&P 500 Index, while MBCSX is a Large Cap Growth Equities fund managed by MassMutual. Over the past 10 years, MIEYX returned 14.51%/yr vs 17.04%/yr for MBCSX. Their correlation of 0.94 suggests significant overlap in exposure. MIEYX charges 0.46%/yr vs 0.73%/yr for MBCSX.

Performance

MIEYX vs. MBCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MM S&P 500 Index Fund (MIEYX) and MassMutual Blue Chip Growth Fund (MBCSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MIEYX achieves a 11.10% return, which is significantly higher than MBCSX's 2.37% return. Over the past 10 years, MIEYX has underperformed MBCSX with an annualized return of 14.51%, while MBCSX has yielded a comparatively higher 17.04% annualized return.

MIEYX

• 1D: 0.39%
• 1M: 3.05%
• YTD: 11.10%
• 6M: 10.70%
• 1Y: 28.63%
• 3Y*: 22.11%
• 5Y*: 13.41%
• 10Y*: 14.51%

MBCSX

• 1D: 0.88%
• 1M: 1.31%
• YTD: 2.37%
• 6M: 1.96%
• 1Y: 17.19%
• 3Y*: 22.77%
• 5Y*: 11.64%
• 10Y*: 17.04%

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

MIEYX vs. MBCSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MIEYX MM S&P 500 Index Fund	11.10%	17.27%	24.36%	25.76%	-18.63%	28.02%	17.87%	30.98%	-5.26%	18.90%
MBCSX MassMutual Blue Chip Growth Fund	2.37%	16.68%	35.05%	51.00%	-34.11%	17.05%	33.53%	38.41%	0.22%	34.43%

Correlation

The correlation between MIEYX and MBCSX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jun 1, 2001	0.94

The correlation between MIEYX and MBCSX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

MIEYX vs. MBCSX — Risk / Return Rank

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

MIEYX

MIEYX Risk / Return Rank: 69
MIEYX Sharpe Ratio Rank: 68
MIEYX Sortino Ratio Rank: 62
MIEYX Omega Ratio Rank: 63
MIEYX Calmar Ratio Rank: 71
MIEYX Martin Ratio Rank: 81

MBCSX

MBCSX Risk / Return Rank: 13
MBCSX Sharpe Ratio Rank: 15
MBCSX Sortino Ratio Rank: 14
MBCSX Omega Ratio Rank: 14
MBCSX Calmar Ratio Rank: 10
MBCSX Martin Ratio Rank: 11

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.

MIEYX vs. MBCSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MM S&P 500 Index Fund (MIEYX) and MassMutual Blue Chip Growth Fund (MBCSX). 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.

	MIEYX	MBCSX	Difference
Sharpe ratio: Return per unit of total volatility	2.35	1.02	+1.33
Sortino ratio: Return per unit of downside risk	3.21	1.46	+1.75
Omega ratio: Gain probability vs. loss probability	1.43	1.18	+0.24
Calmar ratio: Return relative to maximum drawdown	3.14	0.93	+2.21
Martin ratio: Return relative to average drawdown	14.61	3.03	+11.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MIEYX vs. MBCSX - Sharpe Ratio Comparison

The current MIEYX Sharpe Ratio is 2.35, which is higher than the MBCSX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of MIEYX and MBCSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MIEYX	MBCSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	1.02	+1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.39	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.67	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.44	-0.04

Drawdowns

MIEYX vs. MBCSX - Drawdown Comparison

The maximum MIEYX drawdown since its inception was -55.63%, roughly equal to the maximum MBCSX drawdown of -54.66%. Use the drawdown chart below to compare losses from any high point for MIEYX and MBCSX.

Drawdown Indicators

	MIEYX	MBCSX	Difference
Max Drawdown Largest peak-to-trough decline	-55.63%	-54.66%	-0.97%
Max Drawdown (1Y) Largest decline over 1 year	-8.92%	-17.47%	+8.55%
Max Drawdown (3Y) Largest decline over 3 years	-36.63%	-22.92%	-13.71%
Max Drawdown (5Y) Largest decline over 5 years	-36.63%	-48.37%	+11.74%
Max Drawdown (10Y) Largest decline over 10 years	-36.63%	-48.37%	+11.74%
Current Drawdown Current decline from peak	-2.74%	-1.72%	-1.02%
Average Drawdown Average peak-to-trough decline	-12.57%	-12.03%	-0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	5.37%	-3.46%

Volatility

MIEYX vs. MBCSX - Volatility Comparison

The current volatility for MM S&P 500 Index Fund (MIEYX) is 2.87%, while MassMutual Blue Chip Growth Fund (MBCSX) has a volatility of 4.13%. This indicates that MIEYX experiences smaller price fluctuations and is considered to be less risky than MBCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MIEYX	MBCSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	4.13%	-1.26%
Volatility (6M) Calculated over the trailing 6-month period	9.00%	11.95%	-2.95%
Volatility (1Y) Calculated over the trailing 1-year period	11.91%	15.94%	-4.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.50%	29.81%	-4.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.56%	25.59%	-3.03%

MIEYX vs. MBCSX - Expense Ratio Comparison

MIEYX has a 0.46% expense ratio, which is lower than MBCSX's 0.73% expense ratio.

Dividends

MIEYX vs. MBCSX - Dividend Comparison

MIEYX's dividend yield for the trailing twelve months is around 15.87%, less than MBCSX's 42.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MBCSX MassMutual Blue Chip Growth Fund	42.29%	43.29%	13.12%	23.06%	18.44%	21.93%	4.59%	11.06%	6.70%	4.00%	4.77%	18.85%
MIEYX MM S&P 500 Index Fund	15.87%	17.63%	32.89%	7.13%	33.24%	13.29%	16.29%	6.38%	19.14%	21.81%	4.19%	2.29%

Frequently Asked Questions

Can I hold both MIEYX and MBCSX in my portfolio?

With a correlation of 0.90, MIEYX and MBCSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MIEYX or MBCSX?

MBCSX has higher volatility (4.13%) compared to MIEYX (2.87%). In terms of maximum drawdown, MIEYX dropped -55.63% vs MBCSX's -54.66%.

Which has better risk-adjusted returns?

MIEYX currently has the higher Sharpe Ratio (2.35 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.