Correlation
The correlation between MIEYX and SWPPX is 1.00, 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.
MIEYX vs. SWPPX
Compare and contrast key facts about MM S&P 500 Index Fund (MIEYX) and Schwab S&P 500 Index Fund (SWPPX).
MIEYX is managed by MassMutual. It was launched on Feb 27, 1998. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIEYX or SWPPX.
Performance
MIEYX vs. SWPPX - Performance Comparison
Loading data...
Key characteristics
MIEYX:
0.71
SWPPX:
0.73
MIEYX:
1.01
SWPPX:
1.04
MIEYX:
1.15
SWPPX:
1.15
MIEYX:
0.66
SWPPX:
0.69
MIEYX:
2.49
SWPPX:
2.62
MIEYX:
4.97%
SWPPX:
4.92%
MIEYX:
19.78%
SWPPX:
19.76%
MIEYX:
-55.79%
SWPPX:
-55.06%
MIEYX:
-3.55%
SWPPX:
-3.42%
Returns By Period
In the year-to-date period, MIEYX achieves a 0.86% return, which is significantly lower than SWPPX's 1.05% return. Both investments have delivered pretty close results over the past 10 years, with MIEYX having a 12.29% annualized return and SWPPX not far ahead at 12.80%.
MIEYX
0.86%
6.32%
-1.62%
13.87%
13.81%
15.33%
12.29%
SWPPX
1.05%
6.29%
-1.37%
14.40%
14.37%
15.91%
12.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MIEYX vs. SWPPX - Expense Ratio Comparison
MIEYX has a 0.46% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
MIEYX vs. SWPPX — Risk-Adjusted Performance Rank
MIEYX
SWPPX
MIEYX vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MM S&P 500 Index Fund (MIEYX) and Schwab S&P 500 Index Fund (SWPPX). 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.
Loading data...
Dividends
MIEYX vs. SWPPX - Dividend Comparison
MIEYX's dividend yield for the trailing twelve months is around 32.61%, more than SWPPX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIEYX MM S&P 500 Index Fund | 32.61% | 32.89% | 7.13% | 33.24% | 13.29% | 16.29% | 6.38% | 19.14% | 24.03% | 6.20% | 3.91% | 3.63% |
SWPPX Schwab S&P 500 Index Fund | 1.22% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% | 1.80% |
Drawdowns
MIEYX vs. SWPPX - Drawdown Comparison
The maximum MIEYX drawdown since its inception was -55.79%, roughly equal to the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for MIEYX and SWPPX.
Loading data...
Volatility
MIEYX vs. SWPPX - Volatility Comparison
MM S&P 500 Index Fund (MIEYX) and Schwab S&P 500 Index Fund (SWPPX) have volatilities of 4.83% and 4.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...