Great-West S&P Small Cap 600 Index Fund (MXISX)

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Great-West S&P Small Cap 600 Index Fund (MXISX) is up 15.0% since the beginning of the year. MXISX is currently trading at $15 per share. Investors who bought $1,000 worth of MXISX shares 5 years ago would now be looking at an investment worth $1,265.

Great-West S&P Small Cap 600 Index Fund (MXISX) has returned 15.03% so far this year and 30.85% over the past 12 months. Over the last ten years, MXISX has returned 9.78% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Dec 2, 1993, MXISX's average daily return is +0.03%, while the average monthly return is +0.56%. At this rate, an investment would double in approximately 10.3 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2020 with a return of +18.2%, while the worst month was Dec 1998 at -31.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, MXISX closed higher 51% of trading days. The best single day was Dec 27, 2018 with a return of +11.8%, while the worst single day was Dec 18, 1998 at -34.0%.

Great-West S&P Small Cap 600 Index Fund has an annualized alpha of -2.92%, beta of 1.00, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since December 03, 1993.

• This fund participated in 107.10% of S&P 500 Index downside but only 87.92% of its upside - more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -2.92% versus S&P 500 Index - delivering less than market exposure alone would predict.
• With beta of 1.00 and R2 of 0.62, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

MXISX has an expense ratio of 0.56%, placing it in the medium range.

MXISX ranks 55 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Great-West S&P Small Cap 600 Index Fund (MXISX) and compare them to S&P 500 Index.

Great-West S&P Small Cap 600 Index Fund provided a 6.48% dividend yield over the last twelve months, with an annual payout of $0.96 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Great-West S&P Small Cap 600 Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Great-West S&P Small Cap 600 Index 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 S&P Small Cap 600 Index Fund was 70.66%, occurring on Mar 9, 2009. Recovery took 1209 trading sessions.

The current Great-West S&P Small Cap 600 Index Fund drawdown is 0.93%.

The chart below shows the rolling one-month volatility.