MOSAX vs. MOGAX

Last updated Apr 1, 2026

Compare and contrast key facts about MassMutual Overseas Fund (MOSAX) and MassMutual 60/40 Allocation Fund (MOGAX).

MOSAX is managed by MassMutual. It was launched on Apr 30, 2001. MOGAX is managed by MassMutual. It was launched on Jun 19, 2011.

Performance

MOSAX vs. MOGAX - Performance Comparison

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

MOSAX vs. MOGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MOSAX MassMutual Overseas Fund	-7.37%	25.48%	0.12%	18.26%	-15.35%	12.61%	8.51%	28.26%	-16.78%	26.44%
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%

Returns By Period

MOSAX

• 1D: 0.38%
• 1M: -11.41%
• YTD: -7.37%
• 6M: -3.99%
• 1Y: 8.70%
• 3Y*: 7.26%
• 5Y*: 4.73%
• 10Y*: 7.44%

MOGAX

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

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

MOSAX vs. MOGAX - Expense Ratio Comparison

MOSAX has a 1.34% expense ratio, which is higher than MOGAX's 0.61% expense ratio.

MOSAX

MassMutual Overseas Fund

MOGAX

MassMutual 60/40 Allocation Fund

Return for Risk

MOSAX vs. MOGAX — Risk / Return Rank

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

MOSAX

MOSAX Risk / Return Rank: 17
MOSAX Sharpe Ratio Rank: 17
MOSAX Sortino Ratio Rank: 15
MOSAX Omega Ratio Rank: 15
MOSAX Calmar Ratio Rank: 18
MOSAX Martin Ratio Rank: 19

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.

MOSAX vs. MOGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MassMutual Overseas Fund (MOSAX) and MassMutual 60/40 Allocation Fund (MOGAX). 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.

	MOSAX	MOGAX	Difference
Sharpe ratio Return per unit of total volatility	0.48	—	—
Sortino ratio Return per unit of downside risk	0.72	—	—
Omega ratio Gain probability vs. loss probability	1.10	—	—
Calmar ratio Return relative to maximum drawdown	0.54	—	—
Martin ratio Return relative to average drawdown	2.00	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MOSAX	MOGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	—	—

Correlation

The correlation between MOSAX and MOGAX is 0.84, 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.

Dividends

MOSAX vs. MOGAX - Dividend Comparison

MOSAX's dividend yield for the trailing twelve months is around 19.66%, more than MOGAX's 3.65% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOSAX MassMutual Overseas Fund	19.66%	18.21%	6.02%	2.24%	9.26%	9.64%	1.78%	5.10%	12.16%	1.42%	1.71%	3.12%
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%

Drawdowns

Drawdown Indicators

	MOSAX	MOGAX	Difference
Max Drawdown Largest peak-to-trough decline	-58.43%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.74%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.69%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.75%	—	—
Current Drawdown Current decline from peak	-11.41%	—	—
Average Drawdown Average peak-to-trough decline	-11.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	—	—

Volatility

Volatility by Period

	MOSAX	MOGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.24%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.54%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	—	—