MMLRX vs. SPLG
Compare and contrast key facts about MassMutual Select T. Rowe Price Large Cap Blend Fund (MMLRX) and SPDR Portfolio S&P 500 ETF (SPLG).
MMLRX is managed by T. Rowe Price. It was launched on Feb 9, 2018. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MMLRX or SPLG.
Correlation
The correlation between MMLRX and SPLG is 0.98, 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
MMLRX vs. SPLG - Performance Comparison
Key characteristics
MMLRX:
0.05
SPLG:
1.82
MMLRX:
0.18
SPLG:
2.45
MMLRX:
1.04
SPLG:
1.33
MMLRX:
0.04
SPLG:
2.74
MMLRX:
0.14
SPLG:
11.37
MMLRX:
7.63%
SPLG:
2.03%
MMLRX:
21.39%
SPLG:
12.73%
MMLRX:
-44.27%
SPLG:
-54.52%
MMLRX:
-23.43%
SPLG:
-0.81%
Returns By Period
In the year-to-date period, MMLRX achieves a 3.71% return, which is significantly higher than SPLG's 3.21% return.
MMLRX
3.71%
4.48%
-6.62%
0.26%
2.89%
N/A
SPLG
3.21%
4.17%
14.17%
22.35%
14.23%
13.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MMLRX vs. SPLG - Expense Ratio Comparison
MMLRX has a 0.00% expense ratio, which is lower than SPLG's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
MMLRX vs. SPLG — Risk-Adjusted Performance Rank
MMLRX
SPLG
MMLRX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual Select T. Rowe Price Large Cap Blend Fund (MMLRX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
MMLRX vs. SPLG - Dividend Comparison
MMLRX's dividend yield for the trailing twelve months is around 1.52%, more than SPLG's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMLRX MassMutual Select T. Rowe Price Large Cap Blend Fund | 1.52% | 1.57% | 1.61% | 0.91% | 0.97% | 0.80% | 1.00% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.24% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
MMLRX vs. SPLG - Drawdown Comparison
The maximum MMLRX drawdown since its inception was -44.27%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for MMLRX and SPLG. For additional features, visit the drawdowns tool.
Volatility
MMLRX vs. SPLG - Volatility Comparison
The current volatility for MassMutual Select T. Rowe Price Large Cap Blend Fund (MMLRX) is 3.59%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.78%. This indicates that MMLRX experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.