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 125 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | MXBGX vs LTIUX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | MXBGX vs LTSTX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | MXBGX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | MXBGX vs PLTZX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | MXBGX vs JLKYX |
Best Risk-Adjusted Alternatives to MXBGX
MXBGX has a PortfoliosLab risk / return rank of 48. There are 589 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 | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | MXBGX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | MXBGX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 86 | — | Aug 2019 | MXBGX vs FRHMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | MXBGX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | MXBGX vs FRAMX |
Top Performing MXBGX Alternatives (YTD)
MXBGX is at 9.38% YTD. There are 308 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 15,640,638.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 15,640,638.04% | — | Aug 2019 | MXBGX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | MXBGX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | MXBGX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | MXBGX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.86% | — | Aug 2014 | MXBGX vs FVTKX |
Lowest Volatility Alternatives to MXBGX
MXBGX has 11.48% 1-year volatility. There are 383 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | MXBGX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | MXBGX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | MXBGX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | MXBGX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.35% | — | Oct 2009 | MXBGX vs FIKFX |
Lowest Drawdown Alternatives to MXBGX
MXBGX has a 1-year max drawdown of -7.98%. There are 360 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 Income Fund Investor Class | -3.32% | — | Oct 2009 | MXBGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | MXBGX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | MXBGX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | MXBGX vs FRHMX |
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 | 65 | 10.62% | — | Sep 2003 | MXBGX vs MXVIX | |
| Great-West Emerging Markets Equity Fund | Emerging Markets Diversified | 77 | 24.43% | — | Jan 2018 | MXBGX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | Small Cap Blend Equities | 72 | 21.22% | — | Dec 1993 | MXBGX vs MXISX | |
| Great-West International Index Fund | Foreign Large Cap Equities | 34 | 10.15% | — | Jan 2011 | MXBGX vs MXINX | |
| Great-West Real Estate Index Fund | REIT | 63 | 17.92% | — | Nov 2012 | MXBGX vs MXREX | |
| Great-West Conservative Profile Fund | Diversified Portfolio | 56 | 4.25% | — | Sep 1999 | MXBGX vs MXCPX | |
| Great-West S&P Mid Cap 400 Index Fund | Mid Cap Blend Equities | 43 | 14.95% | — | Jan 2011 | MXBGX vs MXMDX | |
| Great-West Bond Index Fund | Intermediate Core Bond | 17 | 0.00% | — | Dec 1992 | MXBGX vs MXBIX | |
| Great-West Moderately Aggressive Profile Fund | Diversified Portfolio | 42 | 8.98% | — | Sep 1999 | MXBGX vs MXBPX | |
| Great-West International Value Fund | Foreign Large Cap Equities | 42 | 8.07% | — | Dec 1993 | MXBGX vs MXIVX |
Often Compared With MXBGX
Investors most often compare MXBGX with PTDIX, FCTKX, 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