- ISIN
- US39137G3487
- Issuer
- Great-West
- Inception Date
- Apr 27, 2016
- Category
- Target Retirement Date
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MXBGX Performance Chart
Great-West Lifetime 2040 Fund (MXBGX) is up 9.4% since the beginning of the year. MXBGX is currently trading at $13 per share. Investors who bought $1,000 worth of MXBGX shares 5 years ago would now be looking at an investment worth $1,451.
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Returns By Period
Great-West Lifetime 2040 Fund (MXBGX) has returned 9.38% so far this year and 21.31% over the past 12 months. Over the last ten years, MXBGX has returned 9.64% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Great-West Lifetime 2040 Fund
- 1D
- 0.78%
- 1M
- 1.65%
- YTD
- 9.38%
- 6M
- 9.01%
- 1Y
- 21.31%
- 3Y*
- 14.26%
- 5Y*
- 7.73%
- 10Y*
- 9.64%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MXBGX Monthly Returns History
Based on dividend-adjusted daily data since May 4, 2016, MXBGX's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.
Historically, 70% of months were positive and 30% were negative. The best month was Nov 2020 with a return of +11.0%, while the worst month was Mar 2020 at -13.8%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 3 months.
On a daily basis, MXBGX closed higher 47% of trading days. The best single day was Sep 8, 2022 with a return of +6.8%, while the worst single day was Mar 16, 2020 at -10.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.62% | 1.89% | -5.65% | 7.11% | 3.04% | 0.47% | 9.38% | ||||||
| 2025 | 2.89% | -0.18% | -2.64% | -0.09% | 4.30% | 3.41% | 0.52% | 2.50% | 2.25% | 1.10% | 0.58% | 0.66% | 16.19% |
| 2024 | 0.10% | 2.02% | 3.30% | -3.47% | 3.02% | 1.28% | 1.90% | 2.40% | 2.12% | -1.41% | 2.32% | -3.55% | 10.17% |
| 2023 | 6.87% | -2.77% | 1.32% | 0.80% | -1.69% | 4.79% | 3.02% | -2.65% | -3.92% | -3.01% | 7.49% | 6.04% | 16.47% |
| 2022 | -6.08% | 0.00% | 1.45% | -5.79% | -0.98% | -7.80% | 6.48% | -3.23% | -8.45% | 2.11% | 7.95% | -1.30% | -15.90% |
| 2021 | 1.92% | 1.80% | 1.53% | 3.81% | 1.15% | 0.86% | 0.75% | 1.49% | -2.85% | 2.98% | -2.28% | 3.73% | 15.69% |
Benchmark Metrics
Great-West Lifetime 2040 Fund has an annualized alpha of 1.39%, beta of 0.63, and R2 of 0.56 versus S&P 500 Index. Calculated based on daily prices since May 04, 2016.
- This fund participated in 81.12% of S&P 500 Index downside but only 71.23% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.63 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.39%
- Beta
- 0.63
- R²
- 0.56
- Upside Capture
- 71.23%
- Downside Capture
- 81.12%
Expense Ratio
MXBGX has an expense ratio of 0.11%, which is considered low.
Return for Risk
Risk / Return Rank
MXBGX ranks 50 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Great-West Lifetime 2040 Fund (MXBGX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MXBGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.78 | -0.14 |
| Martin ratioReturn relative to average drawdown | 10.94 | 12.44 | -1.50 |
Dividends
Dividend History
Great-West Lifetime 2040 Fund provided a 4.59% dividend yield over the last twelve months, with an annual payout of $0.59 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.59 | $0.59 | $0.73 | $0.60 | $1.05 | $1.33 | $0.77 | $1.07 | $0.78 | $0.61 |
Dividend yield | 4.59% | 5.02% | 6.86% | 5.77% | 11.05% | 10.66% | 6.43% | 9.53% | 7.86% | 5.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Great-West Lifetime 2040 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.28 | $0.59 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.36 | $0.73 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.26 | $0.60 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.32 | $1.05 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.82 | $1.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Great-West Lifetime 2040 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Great-West Lifetime 2040 Fund was 30.12%, occurring on Mar 20, 2020. Recovery took 112 trading sessions.
The current Great-West Lifetime 2040 Fund drawdown is 0.23%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -30.12%Mar 2020 | 1mo 6d | 5mo 11d | 6mo 17dFeb 2020 - Aug 2020 |
Bear market2022 | -28.13%Oct 2022 | 9mo 17d | 1y 9mo | 2y 6moDec 2021 - Jul 2024 |
Rate-hike selloffLate 2018 | -16.06%Dec 2018 | 10mo 25d | 6mo 14d | 1y 5moJan 2018 - Jul 2019 |
2025 selloff2025 | -13.05%Apr 2025 | 1mo 18d | 1mo 8d | 2mo 26dFeb 2025 - May 2025 |
2026 pullback2026 | -7.98%Mar 2026 | 1mo 2d | 18d | 1mo 20dFeb 2026 - Apr 2026 |
Drawdown Indicators
| MXBGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.12% | -56.78% | +26.66% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | -9.10% | +1.12% |
Max Drawdown (3Y)Largest decline over 3 years | -13.05% | -18.90% | +5.85% |
Max Drawdown (5Y)Largest decline over 5 years | -28.13% | -25.43% | -2.70% |
Max Drawdown (10Y)Largest decline over 10 years | -30.12% | -33.92% | +3.80% |
Current DrawdownCurrent decline from peak | -0.23% | -1.80% | +1.57% |
Average DrawdownAverage peak-to-trough decline | -5.59% | -10.71% | +5.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | 2.03% | -0.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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