Great-West S&P Mid Cap 400 Index Fund (MXMDX)

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Great-West S&P Mid Cap 400 Index Fund (MXMDX) is up 15.1% since the beginning of the year. MXMDX is currently trading at $24 per share. Investors who bought $1,000 worth of MXMDX shares 5 years ago would now be looking at an investment worth $1,522.

Great-West S&P Mid Cap 400 Index Fund (MXMDX) has returned 15.14% so far this year and 26.46% over the past 12 months. Over the last ten years, MXMDX has returned 10.26% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 20, 2011, MXMDX's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +14.2%, while the worst month was Mar 2020 at -20.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, MXMDX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +10.4%, while the worst single day was Mar 16, 2020 at -13.7%.

Great-West S&P Mid Cap 400 Index Fund has an annualized alpha of -2.83%, beta of 1.02, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since January 20, 2011.

• This fund participated in 111.15% of S&P 500 Index downside but only 94.80% of its upside - more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -2.83% versus S&P 500 Index - delivering less than market exposure alone would predict.
• With beta of 1.02 and R2 of 0.75, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

MXMDX has an expense ratio of 0.55%, placing it in the medium range.

MXMDX ranks 51 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.

Great-West S&P Mid Cap 400 Index Fund provided a 5.78% dividend yield over the last twelve months, with an annual payout of $1.40 per share.

The table displays the monthly dividend distributions for Great-West S&P Mid Cap 400 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 Mid Cap 400 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 Mid Cap 400 Index Fund was 41.80%, occurring on Mar 23, 2020. Recovery took 162 trading sessions.

The current Great-West S&P Mid Cap 400 Index Fund drawdown is 0.41%.

The chart below shows the rolling one-month volatility.