MRMAX vs. PRDGX
Compare and contrast key facts about MassMutual 40/60 Allocation Fund (MRMAX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX).
MRMAX is managed by MassMutual. It was launched on Jun 19, 2011. PRDGX is managed by T. Rowe Price. It was launched on Dec 30, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRMAX or PRDGX.
Correlation
The correlation between MRMAX and PRDGX is 0.86, 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
MRMAX vs. PRDGX - Performance Comparison
Key characteristics
MRMAX:
1.24
PRDGX:
1.20
MRMAX:
1.68
PRDGX:
1.62
MRMAX:
1.24
PRDGX:
1.22
MRMAX:
0.48
PRDGX:
1.37
MRMAX:
4.82
PRDGX:
4.09
MRMAX:
1.65%
PRDGX:
3.10%
MRMAX:
6.41%
PRDGX:
10.61%
MRMAX:
-24.23%
PRDGX:
-52.60%
MRMAX:
-8.96%
PRDGX:
-2.87%
Returns By Period
In the year-to-date period, MRMAX achieves a 2.59% return, which is significantly lower than PRDGX's 6.35% return. Over the past 10 years, MRMAX has underperformed PRDGX with an annualized return of 1.25%, while PRDGX has yielded a comparatively higher 9.61% annualized return.
MRMAX
2.59%
1.90%
0.87%
8.34%
1.07%
1.25%
PRDGX
6.35%
3.72%
1.73%
12.93%
9.45%
9.61%
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MRMAX vs. PRDGX - Expense Ratio Comparison
MRMAX has a 0.61% expense ratio, which is lower than PRDGX's 0.62% expense ratio.
Risk-Adjusted Performance
MRMAX vs. PRDGX — Risk-Adjusted Performance Rank
MRMAX
PRDGX
MRMAX vs. PRDGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual 40/60 Allocation Fund (MRMAX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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
MRMAX vs. PRDGX - Dividend Comparison
MRMAX's dividend yield for the trailing twelve months is around 2.75%, more than PRDGX's 0.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRMAX MassMutual 40/60 Allocation Fund | 2.75% | 2.82% | 2.16% | 2.03% | 2.64% | 2.68% | 1.84% | 2.78% | 2.66% | 1.68% | 1.85% | 2.49% |
PRDGX T. Rowe Price Dividend Growth Fund, Inc. | 0.96% | 1.02% | 1.16% | 1.14% | 0.78% | 1.03% | 1.24% | 1.76% | 1.22% | 1.53% | 1.78% | 1.30% |
Drawdowns
MRMAX vs. PRDGX - Drawdown Comparison
The maximum MRMAX drawdown since its inception was -24.23%, smaller than the maximum PRDGX drawdown of -52.60%. Use the drawdown chart below to compare losses from any high point for MRMAX and PRDGX. For additional features, visit the drawdowns tool.
Volatility
MRMAX vs. PRDGX - Volatility Comparison
The current volatility for MassMutual 40/60 Allocation Fund (MRMAX) is 1.44%, while T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) has a volatility of 2.22%. This indicates that MRMAX experiences smaller price fluctuations and is considered to be less risky than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.