MRMAX vs. VOO
Compare and contrast key facts about MassMutual 40/60 Allocation Fund (MRMAX) and Vanguard S&P 500 ETF (VOO).
MRMAX 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: MRMAX or VOO.
Correlation
The correlation between MRMAX and VOO is 0.88, 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. VOO - Performance Comparison
Key characteristics
MRMAX:
1.41
VOO:
1.98
MRMAX:
1.91
VOO:
2.65
MRMAX:
1.27
VOO:
1.36
MRMAX:
0.54
VOO:
2.98
MRMAX:
5.53
VOO:
12.44
MRMAX:
1.65%
VOO:
2.02%
MRMAX:
6.45%
VOO:
12.69%
MRMAX:
-24.23%
VOO:
-33.99%
MRMAX:
-9.06%
VOO:
0.00%
Returns By Period
In the year-to-date period, MRMAX achieves a 2.47% return, which is significantly lower than VOO's 4.06% return. Over the past 10 years, MRMAX has underperformed VOO with an annualized return of 1.29%, while VOO has yielded a comparatively higher 13.30% annualized return.
MRMAX
2.47%
2.24%
1.64%
7.84%
1.00%
1.29%
VOO
4.06%
2.87%
10.75%
23.12%
14.36%
13.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MRMAX vs. VOO - Expense Ratio Comparison
MRMAX has a 0.61% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MRMAX vs. VOO — Risk-Adjusted Performance Rank
MRMAX
VOO
MRMAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MassMutual 40/60 Allocation Fund (MRMAX) 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
MRMAX vs. VOO - Dividend Comparison
MRMAX's dividend yield for the trailing twelve months is around 2.76%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRMAX MassMutual 40/60 Allocation Fund | 2.76% | 2.82% | 2.16% | 2.03% | 2.64% | 2.68% | 1.84% | 2.78% | 2.66% | 1.68% | 1.85% | 2.49% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MRMAX vs. VOO - Drawdown Comparison
The maximum MRMAX drawdown since its inception was -24.23%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MRMAX and VOO. For additional features, visit the drawdowns tool.
Volatility
MRMAX vs. VOO - Volatility Comparison
The current volatility for MassMutual 40/60 Allocation Fund (MRMAX) is 1.45%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.13%. This indicates that MRMAX 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.