MOGAX vs. PUTW
MOGAX (MassMutual 60/40 Allocation Fund) and PUTW (WisdomTree Equity Premium Income Fund) are both mutual funds - MOGAX is a Diversified Portfolio fund managed by MassMutual, while PUTW is a Derivative Income fund tracking the Volos U.S. Large Cap Target 2.5% PutWrite Index. A 0.70 correlation means they provide meaningful diversification when combined. MOGAX charges 0.61%/yr vs 0.44%/yr for PUTW.
Performance
MOGAX vs. PUTW - Performance Comparison
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Returns By Period
MOGAX
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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PUTW
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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MOGAX vs. PUTW - Yearly Performance Comparison
| 2025 (YTD) | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
MOGAX MassMutual 60/40 Allocation Fund | 10.54% | 8.82% | 14.26% | -22.35% | 13.74% | 12.03% | 24.58% | -8.02% | 14.54% | 14.93% |
PUTW WisdomTree Equity Premium Income Fund | -2.80% | 17.19% | 14.01% | -11.11% | 20.92% | 1.67% | 13.55% | -8.07% | 9.88% | 12.40% |
Correlation
The correlation between MOGAX and PUTW is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2016 | 0.70 |
The correlation between MOGAX and PUTW shifts across timeframes, from 0.56 (1 year) to 0.71 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
MOGAX vs. PUTW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual 60/40 Allocation Fund (MOGAX) and WisdomTree Equity Premium Income Fund (PUTW). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
MOGAX vs. PUTW - Drawdown Comparison
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Volatility
MOGAX vs. PUTW - Volatility Comparison
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MOGAX vs. PUTW - Expense Ratio Comparison
MOGAX has a 0.61% expense ratio, which is higher than PUTW's 0.44% expense ratio.
Dividends
MOGAX vs. PUTW - Dividend Comparison
MOGAX's dividend yield for the trailing twelve months is around 3.65%, while PUTW has not paid dividends to shareholders.
| Position | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
MOGAX MassMutual 60/40 Allocation Fund | 3.65% | 6.23% | 3.93% | 1.84% | 13.14% | 3.65% | 13.70% | 15.46% | 1.02% | 1.55% | 3.52% |
PUTW WisdomTree Equity Premium Income Fund | 0.00% | 11.99% | 7.63% | 2.16% | 0.00% | 1.43% | 1.47% | 5.49% | 3.33% | 2.27% | 0.00% |
Frequently Asked Questions
MOGAX and PUTW have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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