MOGAX vs. AAAAX

Last updated Apr 2, 2026

Compare and contrast key facts about MassMutual 60/40 Allocation Fund (MOGAX) and DWS RREEF Real Assets Fund - Class A (AAAAX).

MOGAX is managed by MassMutual. It was launched on Jun 19, 2011. AAAAX is managed by DWS. It was launched on Jul 30, 2007.

Performance

MOGAX vs. AAAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MassMutual 60/40 Allocation Fund (MOGAX) and DWS RREEF Real Assets Fund - Class A (AAAAX). The values are adjusted to include any dividend payments, if applicable.

MOGAX vs. AAAAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOGAX MassMutual 60/40 Allocation Fund	0.00%	10.54%	8.82%	14.26%	-22.35%	13.74%	12.03%	24.58%	-8.02%	14.54%
AAAAX DWS RREEF Real Assets Fund - Class A	9.77%	12.82%	5.24%	2.30%	-9.91%	23.45%	3.71%	21.42%	-5.36%	14.67%

Returns By Period

MOGAX

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

AAAAX

• 1D: 1.09%
• 1M: -3.53%
• YTD: 9.77%
• 6M: 11.84%
• 1Y: 17.50%
• 3Y*: 10.19%
• 5Y*: 6.78%
• 10Y*: 7.40%

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

MOGAX vs. AAAAX - Expense Ratio Comparison

MOGAX has a 0.61% expense ratio, which is lower than AAAAX's 1.22% expense ratio.

AAAAX

DWS RREEF Real Assets Fund - Class A

MOGAX

MassMutual 60/40 Allocation Fund

Return for Risk

MOGAX vs. AAAAX — Risk / Return Rank

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

AAAAX

AAAAX Risk / Return Rank: 82
AAAAX Sharpe Ratio Rank: 82
AAAAX Sortino Ratio Rank: 80
AAAAX Omega Ratio Rank: 79
AAAAX Calmar Ratio Rank: 78
AAAAX Martin Ratio Rank: 90

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.

MOGAX vs. AAAAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MassMutual 60/40 Allocation Fund (MOGAX) and DWS RREEF Real Assets Fund - Class A (AAAAX). 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.

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

Sharpe Ratios by Period

	MOGAX	AAAAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.57	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.38	—

Correlation

The correlation between MOGAX and AAAAX is 0.74, 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.

Dividends

MOGAX vs. AAAAX - Dividend Comparison

MOGAX's dividend yield for the trailing twelve months is around 3.65%, more than AAAAX's 3.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOGAX MassMutual 60/40 Allocation Fund	3.65%	3.65%	6.23%	3.93%	1.84%	13.14%	3.65%	13.70%	15.46%	1.02%	1.55%	3.52%
AAAAX DWS RREEF Real Assets Fund - Class A	3.23%	3.54%	2.45%	2.08%	4.17%	2.31%	1.33%	1.81%	1.61%	1.52%	1.47%	2.15%

Drawdowns

Drawdown Indicators

	MOGAX	AAAAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-40.47%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-29.41%	—
Current Drawdown Current decline from peak	—	-3.53%	—
Average Drawdown Average peak-to-trough decline	—	-6.89%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.79%	—

Volatility

Volatility by Period

	MOGAX	AAAAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.62%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.19%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.66%	—