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 2040 Fund | 0.01% | — | Feb 2001 | MXBGX vs PTDIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | MXBGX vs LTFIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | MXBGX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | MXBGX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | MXBGX vs PLTZX |
Best Risk-Adjusted Alternatives to MXBGX
MXBGX has a PortfoliosLab risk / return rank of 50. There are 615 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 87 | — | Dec 2019 | MXBGX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | MXBGX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | MXBGX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | MXBGX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | MXBGX vs FRAMX |
Top Performing MXBGX Alternatives (YTD)
MXBGX is at 9.38% YTD. There are 337 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 2065 Fund Class K6 | 15.07% | — | Jun 2019 | MXBGX vs FFSZX |
Lowest Volatility Alternatives to MXBGX
MXBGX has 11.38% 1-year volatility. There are 390 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.56% | — | Nov 2015 | MXBGX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | MXBGX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.29% | — | Oct 2009 | MXBGX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.31% | — | Oct 2009 | MXBGX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.35% | — | Aug 2007 | MXBGX vs FRIMX |
Lowest Drawdown Alternatives to MXBGX
MXBGX has a 1-year max drawdown of -7.98%. There are 367 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 2010 Fund Class K | -3.42% | — | Aug 2019 | MXBGX vs FRQKX |
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 | 68 | 9.96% | — | Sep 2003 | MXBGX vs MXVIX | |
| Great-West Emerging Markets Equity Fund | Emerging Markets Diversified | 88 | 33.08% | — | Jan 2018 | MXBGX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | Small Cap Blend Equities | 70 | 19.44% | — | Dec 1993 | MXBGX vs MXISX | |
| Great-West International Index Fund | Foreign Large Cap Equities | 36 | 10.53% | — | Jan 2011 | MXBGX vs MXINX | |
| Great-West Conservative Profile Fund | Diversified Portfolio | 53 | 4.12% | — | Sep 1999 | MXBGX vs MXCPX | |
| Great-West Real Estate Index Fund | REIT | 30 | 13.99% | — | Nov 2012 | MXBGX vs MXREX | |
| Great-West S&P Mid Cap 400 Index Fund | Mid Cap Blend Equities | 51 | 15.14% | — | Jan 2011 | MXBGX vs MXMDX | |
| Great-West Bond Index Fund | Intermediate Core Bond | 20 | 0.38% | — | Dec 1992 | MXBGX vs MXBIX | |
| Great-West Moderately Aggressive Profile Fund | Diversified Portfolio | 43 | 8.85% | — | Sep 1999 | MXBGX vs MXBPX | |
| Great-West Moderately Conservative Profile Fund | Diversified Portfolio | 44 | 5.73% | — | Sep 1999 | MXBGX vs MXDPX |
Often Compared With MXBGX
Investors most often compare MXBGX with FVTKX, FCTKX, IRSOX. 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