Great-West Lifetime 2040 Fund (MXBGX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MXBGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MXBGX
MXBGX charges 0.11% annually. There are 124 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | MXBGX vs FCQTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | MXBGX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | MXBGX vs PMTIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | MXBGX vs PLTZX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | MXBGX vs PPLIX |
Best Risk-Adjusted Alternatives to MXBGX
MXBGX has a PortfoliosLab risk / return rank of 54. There are 506 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | MXBGX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | MXBGX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | MXBGX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | MXBGX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | MXBGX vs URTRX |
Top Performing MXBGX Alternatives (YTD)
MXBGX is at 9.12% YTD. There are 267 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | MXBGX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | MXBGX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | MXBGX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | MXBGX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | MXBGX vs FQLSX |
Lowest Volatility Alternatives to MXBGX
MXBGX has 11.61% 1-year volatility. There are 365 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | MXBGX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | MXBGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | MXBGX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | MXBGX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | MXBGX vs DRIQX |
Lowest Drawdown Alternatives to MXBGX
MXBGX has a 1-year max drawdown of -7.98%. There are 341 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | MXBGX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | MXBGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | MXBGX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | MXBGX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | MXBGX vs PRMYX |
Other Mutual Funds from Great-West
The 10 most viewed Great-West mutual funds shown here include MXVIX, MXEOX, MXISX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Great-West S&P 500 Index Fund | Large Cap Blend Equities | 60 | 9.08% | — | Sep 2003 | MXBGX vs MXVIX | |
| Great-West Emerging Markets Equity Fund | Emerging Markets Equities | 58 | 17.63% | — | Jan 2018 | MXBGX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | Small Cap Blend Equities | 83 | 21.22% | — | Dec 1993 | MXBGX vs MXISX | |
| Great-West Real Estate Index Fund | REIT | 79 | 20.70% | — | Nov 2012 | MXBGX vs MXREX | |
| Great-West International Index Fund | Foreign Large Cap Equities | 66 | 12.75% | — | Jan 2011 | MXBGX vs MXINX | |
| Great-West Moderately Conservative Profile Fund | Diversified Portfolio | 61 | 6.09% | — | Sep 1999 | MXBGX vs MXDPX | |
| Great-West S&P Mid Cap 400 Index Fund | Mid Cap Blend Equities | 52 | 14.38% | — | Jan 2011 | MXBGX vs MXMDX | |
| Great-West International Value Fund | Foreign Large Cap Equities | 75 | 12.48% | — | Dec 1993 | MXBGX vs MXIVX | |
| Great-West Conservative Profile Fund | Diversified Portfolio | 68 | 4.25% | — | Sep 1999 | MXBGX vs MXCPX | |
| Great-West Bond Index Fund | Intermediate Core Bond | 17 | -0.54% | — | Dec 1992 | MXBGX vs MXBIX |
Often Compared With MXBGX
Investors most often compare MXBGX with PTDIX, FVTKX, FFSZX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare MXBGX with Any Fund or Stock
Compare MXBGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MXBGX with funds that move differently
Great-West Lifetime 2040 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MXBGX.
Explore MXBGX Diversifiers