Correlation
The correlation between MRFAX and SWYGX is 0.90, 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.
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.
Performance
MRFAX vs. SWYGX - Performance Comparison
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Key characteristics
Returns By Period
MRFAX
N/A
N/A
N/A
N/A
N/A
N/A
N/A
SWYGX
4.28%
4.22%
1.65%
12.22%
9.56%
10.52%
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.
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Dividends
MRFAX vs. SWYGX - Dividend Comparison
MRFAX has not paid dividends to shareholders, while SWYGX's dividend yield for the trailing twelve months is around 2.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRFAX MassMutual RetireSMART by JPMorgan 2040 Fund | 108.27% | 7.81% | 1.91% | 12.16% | 14.14% | 1.58% | 11.07% | 15.83% | 4.00% | 1.43% | 9.43% | 6.48% |
SWYGX Schwab Target 2040 Index Fund | 2.19% | 2.28% | 2.07% | 2.03% | 1.80% | 1.72% | 1.95% | 2.21% | 1.44% | 1.13% | 0.00% | 0.00% |
Drawdowns
MRFAX vs. SWYGX - Drawdown Comparison
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Volatility
MRFAX vs. SWYGX - Volatility Comparison
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