MOGAX vs. VOO
Compare and contrast key facts about MassMutual 60/40 Allocation Fund (MOGAX) and Vanguard S&P 500 ETF (VOO).
MOGAX is managed by MassMutual. It was launched on Jun 19, 2011. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOGAX or VOO.
Performance
MOGAX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, MOGAX achieves a 10.75% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, MOGAX has underperformed VOO with an annualized return of 5.20%, while VOO has yielded a comparatively higher 13.18% annualized return.
MOGAX
10.75%
0.21%
6.76%
16.94%
5.28%
5.20%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| MOGAX | VOO | |
|---|---|---|
| Sharpe Ratio | 2.33 | 2.70 |
| Sortino Ratio | 3.30 | 3.60 |
| Omega Ratio | 1.43 | 1.50 |
| Calmar Ratio | 1.07 | 3.90 |
| Martin Ratio | 14.40 | 17.65 |
| Ulcer Index | 1.20% | 1.86% |
| Daily Std Dev | 7.40% | 12.19% |
| Max Drawdown | -25.70% | -33.99% |
| Current Drawdown | -1.93% | -0.86% |
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. VOO - Expense Ratio Comparison
MOGAX has a 0.61% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between MOGAX and VOO is 0.93, 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. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual 60/40 Allocation Fund (MOGAX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
MOGAX's dividend yield for the trailing twelve months is around 1.52%, more than VOO's 1.24% 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% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
MOGAX vs. VOO - Drawdown Comparison
The maximum MOGAX drawdown since its inception was -25.70%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MOGAX and VOO. For additional features, visit the drawdowns tool.
Volatility
MOGAX vs. VOO - Volatility Comparison
The current volatility for MassMutual 60/40 Allocation Fund (MOGAX) is 1.94%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.99%. This indicates that MOGAX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.