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.
Correlation
The correlation between MOGAX and VOO is 0.92, 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.
Performance
MOGAX vs. VOO - Performance Comparison
Key characteristics
MOGAX:
0.78
VOO:
1.88
MOGAX:
0.99
VOO:
2.52
MOGAX:
1.17
VOO:
1.34
MOGAX:
0.33
VOO:
2.87
MOGAX:
2.94
VOO:
12.06
MOGAX:
2.44%
VOO:
2.01%
MOGAX:
9.23%
VOO:
12.80%
MOGAX:
-34.43%
VOO:
-33.99%
MOGAX:
-15.45%
VOO:
-1.31%
Returns By Period
The year-to-date returns for both investments are quite close, with MOGAX having a 2.62% return and VOO slightly higher at 2.69%. Over the past 10 years, MOGAX has underperformed VOO with an annualized return of 1.01%, while VOO has yielded a comparatively higher 13.49% annualized return.
MOGAX
2.62%
2.74%
1.49%
7.03%
1.27%
1.01%
VOO
2.69%
2.95%
13.66%
23.41%
15.01%
13.49%
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MOGAX vs. VOO - Expense Ratio Comparison
MOGAX has a 0.61% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MOGAX vs. VOO — Risk-Adjusted Performance Rank
MOGAX
VOO
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 2.35%, more than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOGAX MassMutual 60/40 Allocation Fund | 2.35% | 2.41% | 1.68% | 1.84% | 3.09% | 2.19% | 2.40% | 2.90% | 3.14% | 1.56% | 1.49% | 2.45% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MOGAX vs. VOO - Drawdown Comparison
The maximum MOGAX drawdown since its inception was -34.43%, roughly equal to 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 2.25%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.94%. 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.