- ISIN
- US39137G2497
- Issuer
- Great-West
- Inception Date
- Jun 25, 2018
- Category
- Intermediate Core-Plus Bond
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
MXEDX Performance Chart
Great-West Core Strategies: Flexible Bond Fund (MXEDX) is down 0.4% since the beginning of the year. MXEDX is currently trading at $10 per share. Investors who bought $1,000 worth of MXEDX shares 5 years ago would now be looking at an investment worth $1,026.
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Returns By Period
Great-West Core Strategies: Flexible Bond Fund (MXEDX) has returned -0.38% so far this year and 3.14% over the past 12 months.
Great-West Core Strategies: Flexible Bond Fund
- 1D
- 0.10%
- 1M
- -0.80%
- 6M
- -0.77%
- YTD
- -0.38%
- 1Y
- 3.14%
- 3Y*
- 4.91%
- 5Y*
- 0.51%
- 10Y*
- —
- ALL TIME*
- 2.24%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
MXEDX Monthly Returns History
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, an investment would double in approximately 28.9 years.
Historically, 60% of months were positive and 40% 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 43% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.40% | 1.58% | -2.23% | 0.60% | 0.10% | 0.04% | -0.80% | -0.38% | |||||
| 2025 | 1.03% | 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% |
| 2023 | 3.54% | -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 1.91%, beta of 0.03, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since August 08, 2018.
- This fund participated in 23.26% of S&P 500 Index downside but only 15.38% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.03 may look defensive, but with R2 of 0.02 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 0.02 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
- 1.91%
- Beta
- 0.03
- R²
- 0.02
- Upside Capture
- 15.38%
- Downside Capture
- 23.26%
Expense Ratio
MXEDX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MXEDX ranks 22 for risk / return — above 22% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Great-West Core Strategies: Flexible Bond Fund (MXEDX) 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.
| MXEDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.25 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 2.00 | -0.91 |
| Martin ratioReturn relative to average drawdown | 2.63 | 8.49 | -5.87 |
Dividends
Dividend History
Great-West Core Strategies: Flexible Bond Fund provided a 4.30% dividend yield over the last twelve months, with an annual payout of $0.43 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.43 | $0.40 | $0.45 | $0.33 | $0.18 | $0.05 | $0.00 | $0.31 |
Dividend yield | 4.30% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.00 | $0.19 | |||||
| 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 2.31%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-16.76%Oct 2022 | 1y 9mo | 2y 9mo | 4y 7moJan 2021 - Aug 2025 | Bear market2022 |
-6.17%Mar 2020 | 10d | 28d | 1mo 8dMar 2020 - Apr 2020 | COVID crash2020 |
-2.91%Mar 2026 | 24d | — | 5mo 4dMar 2026 - now | — |
-2.28%Dec 2018 | 4mo 1d | 1mo 20d | 5mo 21dAug 2018 - Feb 2019 | Rate-hike selloffLate 2018 |
-1.68%Oct 2020 | 2mo 24d | 1mo 23d | 4mo 17dAug 2020 - Dec 2020 | — |
Drawdown Indicators
| MXEDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.76% | -56.78% | +40.02% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -9.10% | +6.19% |
Max Drawdown (3Y)Largest decline over 3 years | -5.07% | -18.90% | +13.83% |
Max Drawdown (5Y)Largest decline over 5 years | -16.56% | -25.43% | +8.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.31% | -1.58% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -10.70% | +6.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 2.14% | -0.94% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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