MIEYX vs. VIIIX
Compare and contrast key facts about MM S&P 500 Index Fund (MIEYX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
MIEYX is managed by MassMutual. It was launched on Feb 27, 1998. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIEYX or VIIIX.
Correlation
The correlation between MIEYX and VIIIX is 0.99, 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
MIEYX vs. VIIIX - Performance Comparison
Key characteristics
MIEYX:
-0.22
VIIIX:
1.67
MIEYX:
-0.08
VIIIX:
2.25
MIEYX:
0.98
VIIIX:
1.30
MIEYX:
-0.16
VIIIX:
2.58
MIEYX:
-0.60
VIIIX:
10.14
MIEYX:
10.12%
VIIIX:
2.15%
MIEYX:
26.89%
VIIIX:
12.97%
MIEYX:
-55.79%
VIIIX:
-55.18%
MIEYX:
-34.09%
VIIIX:
-0.45%
Returns By Period
The year-to-date returns for both investments are quite close, with MIEYX having a 4.07% return and VIIIX slightly higher at 4.09%. Over the past 10 years, MIEYX has underperformed VIIIX with an annualized return of -1.07%, while VIIIX has yielded a comparatively higher 12.06% annualized return.
MIEYX
4.07%
4.74%
-15.28%
-5.68%
-3.98%
-1.07%
VIIIX
4.09%
4.74%
9.84%
22.27%
12.18%
12.06%
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MIEYX vs. VIIIX - Expense Ratio Comparison
MIEYX has a 0.46% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
Risk-Adjusted Performance
MIEYX vs. VIIIX — Risk-Adjusted Performance Rank
MIEYX
VIIIX
MIEYX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MM S&P 500 Index Fund (MIEYX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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
MIEYX vs. VIIIX - Dividend Comparison
MIEYX's dividend yield for the trailing twelve months is around 1.26%, more than VIIIX's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIEYX MM S&P 500 Index Fund | 1.26% | 1.31% | 1.13% | 1.66% | 0.97% | 1.77% | 1.81% | 2.02% | 2.23% | 2.01% | 1.62% | 1.53% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 1.23% | 1.28% | 1.49% | 1.75% | 1.30% | 1.60% | 1.93% | 2.14% | 1.84% | 2.09% | 2.47% | 1.90% |
Drawdowns
MIEYX vs. VIIIX - Drawdown Comparison
The maximum MIEYX drawdown since its inception was -55.79%, roughly equal to the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for MIEYX and VIIIX. For additional features, visit the drawdowns tool.
Volatility
MIEYX vs. VIIIX - Volatility Comparison
MM S&P 500 Index Fund (MIEYX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) have volatilities of 3.64% and 3.62%, 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.