MRFAX vs. SWYGX
Compare and contrast key facts about MassMutual RetireSMART by JPMorgan 2040 Fund (MRFAX) and Schwab Target 2040 Index Fund (SWYGX).
MRFAX is managed by MassMutual. It was launched on Dec 30, 2003. SWYGX is managed by Schwab Funds. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRFAX or SWYGX.
Correlation
The correlation between MRFAX and SWYGX is 0.96, 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
MRFAX vs. SWYGX - Performance Comparison
Key characteristics
MRFAX:
0.55
SWYGX:
1.64
MRFAX:
0.72
SWYGX:
2.26
MRFAX:
1.13
SWYGX:
1.30
MRFAX:
0.30
SWYGX:
2.77
MRFAX:
1.87
SWYGX:
9.05
MRFAX:
3.38%
SWYGX:
1.75%
MRFAX:
11.56%
SWYGX:
9.68%
MRFAX:
-61.59%
SWYGX:
-28.74%
MRFAX:
-15.32%
SWYGX:
-0.22%
Returns By Period
In the year-to-date period, MRFAX achieves a 2.76% return, which is significantly lower than SWYGX's 4.23% return.
MRFAX
2.76%
0.21%
-1.96%
6.50%
1.78%
1.16%
SWYGX
4.23%
1.61%
5.92%
16.14%
8.63%
N/A
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MRFAX vs. SWYGX - Expense Ratio Comparison
MRFAX has a 0.59% expense ratio, which is higher than SWYGX's 0.04% expense ratio.
Risk-Adjusted Performance
MRFAX vs. SWYGX — Risk-Adjusted Performance Rank
MRFAX
SWYGX
MRFAX vs. SWYGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual RetireSMART by JPMorgan 2040 Fund (MRFAX) and Schwab Target 2040 Index Fund (SWYGX). 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
MRFAX vs. SWYGX - Dividend Comparison
MRFAX's dividend yield for the trailing twelve months is around 2.93%, more than SWYGX's 2.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRFAX MassMutual RetireSMART by JPMorgan 2040 Fund | 2.93% | 2.36% | 1.91% | 1.70% | 2.72% | 1.58% | 1.80% | 2.90% | 3.06% | 1.43% | 1.49% | 3.50% |
SWYGX Schwab Target 2040 Index Fund | 2.19% | 2.28% | 2.07% | 2.03% | 1.73% | 1.68% | 1.94% | 2.21% | 1.44% | 1.13% | 0.00% | 0.00% |
Drawdowns
MRFAX vs. SWYGX - Drawdown Comparison
The maximum MRFAX drawdown since its inception was -61.59%, which is greater than SWYGX's maximum drawdown of -28.74%. Use the drawdown chart below to compare losses from any high point for MRFAX and SWYGX. For additional features, visit the drawdowns tool.
Volatility
MRFAX vs. SWYGX - Volatility Comparison
The current volatility for MassMutual RetireSMART by JPMorgan 2040 Fund (MRFAX) is 0.39%, while Schwab Target 2040 Index Fund (SWYGX) has a volatility of 2.09%. This indicates that MRFAX experiences smaller price fluctuations and is considered to be less risky than SWYGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.