MOGAX vs. QBDSX

Last updated Jun 4, 2026

MOGAX (MassMutual 60/40 Allocation Fund) and QBDSX (Quantified Managed Income Fund) are both Diversified Portfolio funds. At a 0.40 correlation, their price movements are largely independent. MOGAX charges 0.61%/yr vs 1.31%/yr for QBDSX.

Performance

MOGAX vs. QBDSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MassMutual 60/40 Allocation Fund (MOGAX) and Quantified Managed Income Fund (QBDSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MOGAX

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

QBDSX

• 1D: 0.13%
• 1M: 0.38%
• YTD: 0.25%
• 6M: -0.08%
• 1Y: 2.01%
• 3Y*: 3.03%
• 5Y*: 0.80%
• 10Y*: 0.81%

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

MOGAX vs. QBDSX - 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%
QBDSX Quantified Managed Income Fund	0.25%	5.11%	1.02%	2.25%	-4.09%	-0.66%	-9.22%	10.50%	-3.17%	5.05%

Correlation

The correlation between MOGAX and QBDSX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.40

The correlation between MOGAX and QBDSX shifts across timeframes, from 0.29 (1 year) to 0.47 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

MOGAX vs. QBDSX — Risk / Return Rank

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

QBDSX

QBDSX Risk / Return Rank: 7
QBDSX Sharpe Ratio Rank: 7
QBDSX Sortino Ratio Rank: 6
QBDSX Omega Ratio Rank: 7
QBDSX Calmar Ratio Rank: 7
QBDSX Martin Ratio Rank: 6

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. QBDSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MassMutual 60/40 Allocation Fund (MOGAX) and Quantified Managed Income Fund (QBDSX). 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	QBDSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.56	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.19	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.16	—

Drawdowns

Drawdown Indicators

	MOGAX	QBDSX	Difference
Max Drawdown Largest peak-to-trough decline	—	-18.38%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.09%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.40%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.38%	—
Current Drawdown Current decline from peak	—	-7.83%	—
Average Drawdown Average peak-to-trough decline	—	-6.85%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.10%	—

Volatility

Volatility by Period

	MOGAX	QBDSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	3.59%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	4.32%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	5.25%	—

MOGAX vs. QBDSX - Expense Ratio Comparison

MOGAX has a 0.61% expense ratio, which is lower than QBDSX's 1.31% expense ratio.

Dividends

MOGAX vs. QBDSX - Dividend Comparison

MOGAX's dividend yield for the trailing twelve months is around 3.65%, less than QBDSX's 4.46% yield.

Position	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%
QBDSX Quantified Managed Income Fund	4.46%	4.47%	3.98%	4.51%	0.54%	0.71%	0.87%	2.26%	2.04%	2.51%	1.00%	3.89%

Frequently Asked Questions

Can I hold both MOGAX and QBDSX in my portfolio?

MOGAX and QBDSX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.