MMIUX vs. TRRCX

Last updated Jun 24, 2026

MMIUX (MassMutual Select T. Rowe Price International Equity Fund) and TRRCX (T. Rowe Price Retirement 2030 Fund) are both mutual funds - MMIUX is a Foreign Large Cap Equities fund managed by T. Rowe Price, while TRRCX is a Target Retirement Date fund managed by T. Rowe Price. Their correlation of 0.82 suggests significant overlap in exposure. MMIUX charges 0.00%/yr vs 0.59%/yr for TRRCX.

Performance

MMIUX vs. TRRCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MassMutual Select T. Rowe Price International Equity Fund (MMIUX) and T. Rowe Price Retirement 2030 Fund (TRRCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MMIUX

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

TRRCX

• 1D: -0.13%
• 1M: 0.98%
• YTD: 7.50%
• 6M: 7.11%
• 1Y: 11.06%
• 3Y*: 11.59%
• 5Y*: 5.31%
• 10Y*: 9.09%

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

MMIUX vs. TRRCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
MMIUX MassMutual Select T. Rowe Price International Equity Fund	0.00%	21.71%	5.02%	15.96%	-13.89%	6.55%	10.17%	13.51%
TRRCX T. Rowe Price Retirement 2030 Fund	7.50%	8.23%	10.73%	16.36%	-16.89%	13.70%	15.90%	12.60%

Correlation

The correlation between MMIUX and TRRCX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Feb 20, 2019	0.82

Over the past year, the correlation between MMIUX and TRRCX has dropped to 0.36 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

Return for Risk

MMIUX vs. TRRCX — Risk / Return Rank

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

MMIUX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TRRCX

TRRCX Risk / Return Rank: 21
TRRCX Sharpe Ratio Rank: 20
TRRCX Sortino Ratio Rank: 17
TRRCX Omega Ratio Rank: 25
TRRCX Calmar Ratio Rank: 20
TRRCX Martin Ratio Rank: 22

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.

MMIUX vs. TRRCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MassMutual Select T. Rowe Price International Equity Fund (MMIUX) and T. Rowe Price Retirement 2030 Fund (TRRCX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MMIUX	TRRCX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.20	—
Sortino ratio: Return per unit of downside risk	—	1.58	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	1.51	—
Martin ratio: Return relative to average drawdown	—	4.97	—

Drawdowns

Drawdown Indicators

	MMIUX	TRRCX	Difference
Max Drawdown Largest peak-to-trough decline	—	-52.28%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.55%	—
Current Drawdown Current decline from peak	—	-0.40%	—
Average Drawdown Average peak-to-trough decline	—	-6.06%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.38%	—

Volatility

Volatility by Period

	MMIUX	TRRCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.77%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	9.99%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.41%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.26%	—

MMIUX vs. TRRCX - Expense Ratio Comparison

MMIUX has a 0.00% expense ratio, which is lower than TRRCX's 0.59% expense ratio.

Dividends

MMIUX vs. TRRCX - Dividend Comparison

Neither MMIUX nor TRRCX has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MMIUX MassMutual Select T. Rowe Price International Equity Fund	0.00%	0.00%	9.06%	2.86%	3.03%	4.22%	1.56%	2.23%	0.00%	0.00%	0.00%	0.00%
TRRCX T. Rowe Price Retirement 2030 Fund	0.00%	0.00%	3.38%	6.16%	12.05%	9.43%	5.45%	5.44%	8.83%	3.82%	2.66%	3.76%

Frequently Asked Questions

Can I hold both MMIUX and TRRCX in my portfolio?

MMIUX and TRRCX have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.