Molybdenum disulfide (MoS2) has been immensely explored for its potential usage in energy storage applications owing to its high theoretical specific capacitance and layered structure. Here, we have investigated the effect of selenium addition in MoS2 forming MoS2(1-x)Se2x alloys and studied their electrochemical performance. Selenization was performed through a simple hydrothermal method. The electrochemical performance of MoS1Se1 was evaluated in a two-electrode configuration. The selenization is found to improve the electrochemical performance of MoS2 and the MoS1Se1 alloy with the optimal S (sulfur) to Se (selenium) ratio of 1:1 exhibits an excellent areal capacitance of 2629.45 mF/cm2 at 1 mA/cm2, with an appreciable specific capacitance of 266.51 F/g at a current density of 0.5 A/g and excellent cycle stability of 81.64 % after 6000 cycles. Along with the experimental findings, Density functional theory calculations were also performed, revealing that the electronic properties of MoSSe systems can be tuned by varying the ratio of S and Se.