Great-West U.S. Government Securities Fund (MXGMX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MXGMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MXGMX
MXGMX charges 0.60% annually. There are 62 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | MXGMX vs GUSTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | MXGMX vs FUMBX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | — | MXGMX vs FUAMX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | MXGMX vs FNBGX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | MXGMX vs FUTBX |
Best Risk-Adjusted Alternatives to MXGMX
MXGMX has a PortfoliosLab risk / return rank of 14. There are 60 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 99 | — | May 1987 | MXGMX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | MXGMX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | MXGMX vs GUSTX | |
| Integrity Short Term Government Fund | 89 | — | Jun 2011 | MXGMX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 85 | — | Aug 2010 | MXGMX vs VSBIX |
Top Performing MXGMX Alternatives (YTD)
MXGMX is at 0.45% YTD. There are 59 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 2.62% | — | Dec 1985 | MXGMX vs FEUGX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 2.22% | 6.60B | Feb 2015 | MXGMX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 2.20% | 6.60B | May 2013 | MXGMX vs VGAVX | |
| Integrity Short Term Government Fund | 2.20% | — | Jun 2011 | MXGMX vs MDSIX | |
| GMO U.S. Treasury Fund | 1.59% | — | Mar 2009 | MXGMX vs GUSTX |
Lowest Volatility Alternatives to MXGMX
MXGMX has 3.80% 1-year volatility. There are 47 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.27%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 1.27% | — | May 1987 | MXGMX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.30% | — | Aug 2010 | MXGMX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.31% | 33.90B | Dec 2009 | MXGMX vs VSBSX | |
| GMO U.S. Treasury Fund | 1.31% | — | Mar 2009 | MXGMX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 1.55% | — | Dec 1985 | MXGMX vs FEUGX |
Lowest Drawdown Alternatives to MXGMX
MXGMX has a 1-year max drawdown of -3.09%. There are 47 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | MXGMX vs GUSTX | |
| DFA Short-Term Government Portfolio | -0.30% | — | May 1987 | MXGMX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | MXGMX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | MXGMX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | MXGMX vs VSBIX |
Other Mutual Funds from Great-West Funds
The 2 most viewed Great-West Funds mutual funds shown here include MXIHX, MXLMX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Great-West Inflation-Protected Securities Fund | Inflation-Protected Bonds | 23 | 0.65% | — | Jan 2018 | MXGMX vs MXIHX | |
| Great-West Multi-Sector Bond Fund | Multisector Bonds | 53 | 1.03% | — | Oct 1994 | MXGMX vs MXLMX |
Often Compared With MXGMX
Investors most often compare MXGMX with PRGMX, PDMIX, FBLTX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price GNMA Fund | Government Bonds | 36 | 0.93% | — | Nov 1985 | MXGMX vs PRGMX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 27 | 1.58% | — | Jul 1997 | MXGMX vs PDMIX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | Government Bonds | 5 | 0.87% | — | Oct 2015 | MXGMX vs FBLTX | |
| PIMCO Extended Duration Fund | Government Bonds | 5 | 1.48% | — | Aug 2006 | MXGMX vs PEDIX |
Compare MXGMX with Any Fund or Stock
Compare MXGMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MXGMX with funds that move differently
Great-West U.S. Government Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MXGMX.
Explore MXGMX Diversifiers