MOGAX vs. CRAZX
Compare and contrast key facts about MassMutual 60/40 Allocation Fund (MOGAX) and Columbia Adaptive Risk Allocation Fund (CRAZX).
MOGAX is managed by MassMutual. It was launched on Jun 19, 2011. CRAZX is managed by Columbia Threadneedle. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOGAX or CRAZX.
Performance
MOGAX vs. CRAZX - Performance Comparison
Returns By Period
In the year-to-date period, MOGAX achieves a 10.40% return, which is significantly higher than CRAZX's 9.27% return. Over the past 10 years, MOGAX has outperformed CRAZX with an annualized return of 5.21%, while CRAZX has yielded a comparatively lower 1.61% annualized return.
MOGAX
10.40%
-0.32%
5.70%
16.85%
5.22%
5.21%
CRAZX
9.27%
-0.40%
5.21%
15.20%
0.46%
1.61%
Key characteristics
| MOGAX | CRAZX | |
|---|---|---|
| Sharpe Ratio | 2.26 | 1.86 |
| Sortino Ratio | 3.22 | 2.65 |
| Omega Ratio | 1.42 | 1.34 |
| Calmar Ratio | 1.02 | 0.61 |
| Martin Ratio | 14.00 | 10.03 |
| Ulcer Index | 1.19% | 1.49% |
| Daily Std Dev | 7.39% | 8.05% |
| Max Drawdown | -25.70% | -29.30% |
| Current Drawdown | -2.24% | -12.90% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MOGAX vs. CRAZX - Expense Ratio Comparison
MOGAX has a 0.61% expense ratio, which is lower than CRAZX's 0.74% expense ratio.
Correlation
The correlation between MOGAX and CRAZX is 0.76, 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.
Risk-Adjusted Performance
MOGAX vs. CRAZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual 60/40 Allocation Fund (MOGAX) and Columbia Adaptive Risk Allocation Fund (CRAZX). 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
MOGAX vs. CRAZX - Dividend Comparison
MOGAX's dividend yield for the trailing twelve months is around 1.52%, more than CRAZX's 0.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOGAX MassMutual 60/40 Allocation Fund | 1.52% | 1.68% | 1.84% | 3.09% | 2.19% | 2.40% | 2.90% | 3.14% | 1.56% | 1.49% | 2.45% | 2.43% |
CRAZX Columbia Adaptive Risk Allocation Fund | 0.49% | 0.54% | 8.14% | 4.13% | 0.87% | 2.72% | 3.82% | 0.05% | 1.28% | 0.00% | 0.31% | 0.00% |
Drawdowns
MOGAX vs. CRAZX - Drawdown Comparison
The maximum MOGAX drawdown since its inception was -25.70%, smaller than the maximum CRAZX drawdown of -29.30%. Use the drawdown chart below to compare losses from any high point for MOGAX and CRAZX. For additional features, visit the drawdowns tool.
Volatility
MOGAX vs. CRAZX - Volatility Comparison
The current volatility for MassMutual 60/40 Allocation Fund (MOGAX) is 1.95%, while Columbia Adaptive Risk Allocation Fund (CRAZX) has a volatility of 2.32%. This indicates that MOGAX experiences smaller price fluctuations and is considered to be less risky than CRAZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.