- ISIN
- US39137E5666
- Issuer
- Great-West
- Inception Date
- Nov 27, 2012
- Category
- REIT
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Real Estate
Share Price Chart
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Performance
MXREX Performance Chart
Great-West Real Estate Index Fund (MXREX) is up 14.0% since the beginning of the year. MXREX is currently trading at $14 per share. Investors who bought $1,000 worth of MXREX shares 5 years ago would now be looking at an investment worth $1,250.
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Returns By Period
Great-West Real Estate Index Fund (MXREX) has returned 13.99% so far this year and 17.70% over the past 12 months. Over the last ten years, MXREX has returned 3.90% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Great-West Real Estate Index Fund
- 1D
- 0.29%
- 1M
- -0.71%
- YTD
- 13.99%
- 6M
- 14.03%
- 1Y
- 17.70%
- 3Y*
- 10.83%
- 5Y*
- 4.56%
- 10Y*
- 3.90%
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%
MXREX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2013, MXREX's average daily return is +0.03%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2020 with a return of +12.2%, while the worst month was Mar 2020 at -22.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MXREX closed higher 50% of trading days. The best single day was Nov 10, 2020 with a return of +9.1%, while the worst single day was Mar 16, 2020 at -18.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.95% | 7.47% | -5.70% | 8.63% | -0.07% | 0.65% | 13.99% | ||||||
| 2025 | 2.56% | 1.61% | -3.17% | -3.52% | 2.80% | -0.91% | -0.75% | 4.54% | 1.12% | -1.28% | 2.99% | -2.49% | 3.16% |
| 2024 | -3.00% | 0.77% | 1.88% | -7.45% | 4.79% | 2.76% | 5.71% | 6.27% | 2.57% | -1.25% | 2.53% | -7.19% | 7.47% |
| 2023 | 10.83% | -4.93% | -2.55% | 0.72% | -2.86% | 5.04% | 2.75% | -3.20% | -7.05% | -4.61% | 10.78% | 9.91% | 13.31% |
| 2022 | -6.51% | -3.62% | 8.16% | -6.15% | -6.83% | -7.85% | 8.95% | -6.29% | -12.26% | 4.49% | 5.72% | -5.33% | -26.44% |
| 2021 | 0.74% | 5.26% | 4.56% | 8.22% | 0.78% | 2.26% | 5.22% | 1.65% | -5.80% | 8.11% | -0.63% | 8.91% | 45.80% |
Benchmark Metrics
Great-West Real Estate Index Fund has an annualized alpha of -4.19%, beta of 0.78, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since January 02, 2013.
- This fund participated in 99.32% of S&P 500 Index downside but only 65.25% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.42 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -4.19%
- Beta
- 0.78
- R²
- 0.42
- Upside Capture
- 65.25%
- Downside Capture
- 99.32%
Expense Ratio
MXREX has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MXREX ranks 30 for risk / return — below 30% 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 Real Estate Index Fund (MXREX) 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.
| MXREX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | 2.78 | -0.40 |
| Martin ratioReturn relative to average drawdown | 7.87 | 12.44 | -4.57 |
Dividends
Dividend History
Great-West Real Estate Index Fund provided a 1.82% dividend yield over the last twelve months, with an annual payout of $0.25 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.81 | $0.22 | $0.51 | $0.30 | $0.17 | $0.56 | $0.44 | $0.39 |
Dividend yield | 1.82% | 2.07% | 6.74% | 1.85% | 4.69% | 1.93% | 1.60% | 4.51% | 4.10% | 3.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Great-West Real Estate Index 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 | $0.06 | $0.00 | $0.00 | $0.19 | $0.25 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.72 | $0.81 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.39 | $0.51 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.30 |
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 Real Estate 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 Real Estate Index Fund was 43.89%, occurring on Mar 23, 2020. Recovery took 297 trading sessions.
The current Great-West Real Estate Index Fund drawdown is 2.66%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -43.89%Mar 2020 | 28d | 1y 2mo | 1y 3moFeb 2020 - May 2021 |
2023 bear market2023 | -33.06%Oct 2023 | 1y 9mo | 2y 3mo | 4y 1moJan 2022 - Feb 2026 |
2018 bear market2018 | -23.88%Feb 2018 | 1y 6mo | 1y 6mo | 3y 17dAug 2016 - Aug 2019 |
2016 bear market2016 | -21.04%Feb 2016 | 1y 14d | 5mo 12d | 1y 5moJan 2015 - Jul 2016 |
2014 correction2014 | -18.81%Jan 2014 | 7mo 15d | 10mo 2d | 1y 5moMay 2013 - Oct 2014 |
Drawdown Indicators
| MXREX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.89% | -56.78% | +12.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.73% | -9.10% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -18.79% | -18.90% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -33.06% | -25.43% | -7.63% |
Max Drawdown (10Y)Largest decline over 10 years | -43.89% | -33.92% | -9.97% |
Current DrawdownCurrent decline from peak | -2.66% | -1.80% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -11.59% | -10.71% | -0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.03% | +0.28% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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