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Great-West Core Strategies: Flexible Bond Fund (MX...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US39137G2497
Inception Date
Jun 25, 2018
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Great-West Core Strategies: Flexible Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Great-West Core Strategies: Flexible Bond Fund (MXEDX) has returned -0.49% so far this year and 4.65% over the past 12 months.


Great-West Core Strategies: Flexible Bond Fund

1D
0.50%
1M
-2.42%
YTD
-0.49%
6M
0.69%
1Y
4.65%
3Y*
4.60%
5Y*
0.96%
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 8, 2018, MXEDX's average daily return is +0.01%, while the average monthly return is +0.20%. At this rate, your investment would double in approximately 28.9 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2023 with a return of +4.8%, while the worst month was Sep 2022 at -4.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MXEDX closed higher 42% of trading days. The best single day was Nov 11, 2022 with a return of +2.0%, while the worst single day was Mar 18, 2020 at -1.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.40%1.58%-2.42%-0.49%
20251.03%1.32%0.30%0.70%-0.70%1.70%-0.11%1.50%0.79%0.49%0.58%0.12%7.97%
2024-0.61%-0.71%1.03%-2.54%1.88%0.97%2.49%1.62%1.69%-2.25%1.10%-1.27%3.28%
20233.54%-2.52%2.17%0.51%-1.31%-0.05%0.10%-0.62%-2.39%-1.81%4.77%4.14%6.36%
2022-1.89%-1.05%-2.22%-3.22%0.39%-2.24%2.69%-2.52%-4.18%-1.14%3.26%-0.60%-12.25%
2021-0.62%-1.06%-0.90%0.83%0.27%0.54%0.71%-0.00%-0.71%-0.27%-0.27%0.17%-1.32%

Benchmark Metrics

Great-West Core Strategies: Flexible Bond Fund has an annualized alpha of 2.08%, beta of 0.03, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since August 09, 2018.

  • This fund participated in 22.95% of S&P 500 Index downside but only 16.27% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.03 may look defensive, but with R² of 0.01 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R² of 0.01 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
2.08%
Beta
0.03
0.01
Upside Capture
16.27%
Downside Capture
22.95%

Expense Ratio

MXEDX has an expense ratio of 0.45%, placing it in the medium range.


Return for Risk

Risk / Return Rank

MXEDX ranks 70 for risk / return — better than 70% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


MXEDX Risk / Return Rank: 7070
Overall Rank
MXEDX Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
MXEDX Sortino Ratio Rank: 7777
Sortino Ratio Rank
MXEDX Omega Ratio Rank: 6969
Omega Ratio Rank
MXEDX Calmar Ratio Rank: 6868
Calmar Ratio Rank
MXEDX Martin Ratio Rank: 5959
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Great-West Core Strategies: Flexible Bond Fund (MXEDX) and compare them to a chosen benchmark (S&P 500 Index).


MXEDXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.37

0.90

+0.47

Sortino ratio

Return per unit of downside risk

1.98

1.39

+0.60

Omega ratio

Gain probability vs. loss probability

1.27

1.21

+0.05

Calmar ratio

Return relative to maximum drawdown

1.60

1.40

+0.20

Martin ratio

Return relative to average drawdown

5.75

6.61

-0.86

Explore MXEDX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Great-West Core Strategies: Flexible Bond Fund provided a 3.99% dividend yield over the last twelve months, with an annual payout of $0.40 per share.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.10$0.20$0.30$0.402019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019
Dividend$0.40$0.40$0.45$0.33$0.18$0.05$0.00$0.31

Dividend yield

3.99%3.97%4.60%3.39%1.85%0.46%0.01%2.95%

Monthly Dividends

The table displays the monthly dividend distributions for Great-West Core Strategies: Flexible Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.17$0.00$0.00$0.00$0.00$0.23$0.40
2024$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.23$0.45
2023$0.00$0.00$0.00$0.00$0.00$0.13$0.00$0.00$0.00$0.00$0.00$0.20$0.33
2022$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.17$0.18
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.05

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 Core Strategies: Flexible Bond 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 Core Strategies: Flexible Bond Fund was 16.76%, occurring on Oct 24, 2022. Recovery took 684 trading sessions.

The current Great-West Core Strategies: Flexible Bond Fund drawdown is 2.42%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.76%Jan 5, 2021455Oct 24, 2022684Aug 4, 20251139
-6.17%Mar 9, 20209Mar 19, 202019Apr 16, 202028
-2.91%Mar 2, 202619Mar 26, 2026
-2.28%Aug 28, 201884Dec 27, 201835Feb 19, 2019119
-1.68%Aug 7, 202060Oct 30, 202029Dec 11, 202089

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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