- ISIN
- US39137G2802
- Issuer
- Great-West Funds
- Inception Date
- Jan 4, 2018
- Category
- Inflation-Protected Bonds
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
MXIHX Performance Chart
Great-West Inflation-Protected Securities Fund (MXIHX) is up 0.7% since the beginning of the year. MXIHX is currently trading at $9 per share. Investors who bought $1,000 worth of MXIHX shares 5 years ago would now be looking at an investment worth $1,093.
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Returns By Period
Great-West Inflation-Protected Securities Fund (MXIHX) has returned 0.65% so far this year and 3.61% over the past 12 months.
Great-West Inflation-Protected Securities Fund
- 1D
- 0.22%
- 1M
- -0.00%
- YTD
- 0.65%
- 6M
- 0.76%
- 1Y
- 3.61%
- 3Y*
- 4.33%
- 5Y*
- 1.80%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MXIHX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 2018, MXIHX's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, an investment would double in approximately 25.1 years.
Historically, 61% of months were positive and 39% were negative. The best month was Jul 2022 with a return of +3.7%, while the worst month was Sep 2022 at -6.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, MXIHX closed higher 41% of trading days. The best single day was Mar 20, 2020 with a return of +1.8%, while the worst single day was Mar 17, 2020 at -2.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.65% | 0.87% | -1.39% | 1.09% | 0.22% | -0.75% | 0.65% | ||||||
| 2025 | 1.12% | 1.00% | 1.43% | 0.11% | -0.32% | 1.09% | 0.32% | 1.71% | -0.09% | -0.00% | 0.42% | -0.21% | 6.75% |
| 2024 | 0.11% | -0.56% | 0.67% | -1.00% | 1.35% | 0.55% | 1.54% | 0.54% | 1.47% | -1.28% | 0.22% | -0.80% | 2.80% |
| 2023 | 1.90% | -1.32% | 2.56% | 0.22% | -1.19% | -0.47% | 0.67% | -0.44% | -1.12% | -0.34% | 2.29% | 2.03% | 4.76% |
| 2022 | -1.51% | 0.57% | -1.23% | -0.77% | -0.19% | -3.04% | 3.70% | -2.08% | -6.25% | 0.66% | 1.43% | -0.29% | -8.95% |
| 2021 | 0.77% | -1.14% | 0.00% | 1.25% | 0.85% | 0.18% | 2.27% | -0.09% | -0.37% | 0.56% | 0.09% | 0.51% | 4.96% |
Benchmark Metrics
Great-West Inflation-Protected Securities Fund has an annualized alpha of 2.46%, beta of 0.02, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 04, 2018.
- This fund participated in 16.33% of S&P 500 Index downside but only 13.60% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.02 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
- 2.46%
- Beta
- 0.02
- R²
- 0.01
- Upside Capture
- 13.60%
- Downside Capture
- 16.33%
Expense Ratio
MXIHX has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MXIHX ranks 28 for risk / return — below 28% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Great-West Inflation-Protected Securities Fund (MXIHX) 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.
| MXIHX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 2.78 | -0.95 |
| Martin ratioReturn relative to average drawdown | 7.36 | 12.44 | -5.08 |
Dividends
Dividend History
Great-West Inflation-Protected Securities Fund provided a 3.59% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.32 | $0.38 | $0.76 | $0.32 | $0.21 | $0.15 | $0.41 |
Dividend yield | 3.59% | 3.61% | 3.60% | 4.22% | 8.49% | 3.05% | 2.01% | 1.51% | 4.31% |
Monthly Dividends
The table displays the monthly dividend distributions for Great-West Inflation-Protected Securities 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 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.32 | $0.33 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.31 | $0.32 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.15 | $0.38 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.25 | $0.76 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.22 | $0.32 |
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 Inflation-Protected Securities 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 Inflation-Protected Securities Fund was 11.51%, occurring on Oct 19, 2022. Recovery took 592 trading sessions.
The current Great-West Inflation-Protected Securities Fund drawdown is 0.86%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -11.51%Oct 2022 | 11mo 4d | 2y 4mo | 3y 3moNov 2021 - Mar 2025 |
COVID crash2020 | -8.53%Mar 2020 | 13d | 3mo 12d | 3mo 25dMar 2020 - Jun 2020 |
2025 selloff2025 | -2.69%Apr 2025 | 4d | 2mo 16d | 2mo 20dApr 2025 - Jun 2025 |
2026 pullback2026 | -2.04%Mar 2026 | 24d | 1mo 13d | 2mo 7dMar 2026 - May 2026 |
Rate-hike selloffLate 2018 | -2.01%Nov 2018 | 2mo 12d | 3mo 20d | 6mo 2dAug 2018 - Feb 2019 |
Drawdown Indicators
| MXIHX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.51% | -56.78% | +45.27% |
Max Drawdown (1Y)Largest decline over 1 year | -2.04% | -9.10% | +7.06% |
Max Drawdown (3Y)Largest decline over 3 years | -2.86% | -18.90% | +16.04% |
Max Drawdown (5Y)Largest decline over 5 years | -11.51% | -25.43% | +13.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.86% | -1.80% | +0.94% |
Average DrawdownAverage peak-to-trough decline | -2.41% | -10.71% | +8.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.50% | 2.03% | -1.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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