- ISIN
- US39137C7847
- Issuer
- Great-West
- Inception Date
- Sep 8, 2003
- Category
- Large Cap Blend Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MXVIX Performance Chart
Great-West S&P 500 Index Fund (MXVIX) is up 9.6% since the beginning of the year. MXVIX is currently trading at $48 per share. Investors who bought $1,000 worth of MXVIX shares 5 years ago would now be looking at an investment worth $1,846.
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Returns By Period
Great-West S&P 500 Index Fund (MXVIX) has returned 9.55% so far this year and 24.92% over the past 12 months. Looking at the last ten years, MXVIX has achieved an annualized return of 14.89%, outperforming the S&P 500 Index benchmark, which averaged 13.71% per year.
Great-West S&P 500 Index Fund
- 1D
- -0.37%
- 1M
- 0.04%
- YTD
- 9.55%
- 6M
- 8.53%
- 1Y
- 24.92%
- 3Y*
- 20.77%
- 5Y*
- 13.04%
- 10Y*
- 14.89%
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
MXVIX Monthly Returns History
Based on dividend-adjusted daily data since Sep 9, 2003, MXVIX's average daily return is +0.04%, while the average monthly return is +0.81%. At this rate, an investment would double in approximately 7.2 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +12.8%, while the worst month was Oct 2008 at -16.8%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MXVIX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.6%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.41% | -0.79% | -5.02% | 10.45% | 5.24% | -1.37% | 9.55% | ||||||
| 2025 | 4.12% | -5.51% | -2.78% | -0.89% | 6.42% | 5.03% | 2.21% | 1.96% | 3.61% | 2.30% | 0.20% | 0.01% | 17.30% |
| 2024 | 3.31% | 3.58% | 3.18% | -4.15% | 4.92% | 3.57% | 1.14% | 2.39% | 2.08% | 0.92% | 3.88% | -2.45% | 24.31% |
| 2023 | 6.21% | -2.46% | 3.62% | 1.53% | 0.39% | 6.55% | 3.16% | -1.63% | -4.82% | -2.13% | 9.06% | 4.47% | 25.57% |
| 2022 | -5.21% | -3.05% | 5.30% | -10.16% | 0.14% | -8.30% | 9.15% | -4.12% | -9.23% | 8.02% | 5.54% | -5.81% | -18.56% |
| 2021 | -0.39% | 2.71% | 4.33% | 5.27% | 0.69% | 2.27% | 2.34% | 3.00% | -4.65% | 7.02% | -0.73% | 4.43% | 29.04% |
Benchmark Metrics
Great-West S&P 500 Index Fund has an annualized alpha of 0.19%, beta of 0.97, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since September 09, 2003.
- With beta of 0.97 and R2 of 0.94, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.19%
- Beta
- 0.97
- R²
- 0.94
- Upside Capture
- 99.83%
- Downside Capture
- 100.37%
Expense Ratio
MXVIX has an expense ratio of 0.51%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MXVIX ranks 65 for risk / return — better than 65% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Great-West S&P 500 Index Fund (MXVIX) 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.
| MXVIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.46 | +0.54 |
| Martin ratioReturn relative to average drawdown | 13.34 | 10.92 | +2.42 |
Dividends
Dividend History
Great-West S&P 500 Index Fund provided a 0.35% dividend yield over the last twelve months, with an annual payout of $0.17 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.17 | $0.17 | $0.36 | $1.59 | $0.32 | $1.58 | $2.14 | $1.23 | $2.04 | $0.47 |
Dividend yield | 0.35% | 0.38% | 0.95% | 5.22% | 1.25% | 4.97% | 8.27% | 5.11% | 10.56% | 2.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Great-West S&P 500 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 | $0.04 | $0.00 | $0.00 | $0.13 | $0.17 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.28 | $0.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $1.39 | $1.59 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.22 | $0.32 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.87 | $1.58 |
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 S&P 500 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 500 Index Fund was 58.12%, occurring on Mar 9, 2009. Recovery took 1053 trading sessions.
The current Great-West S&P 500 Index Fund drawdown is 1.75%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.12%Mar 2009 | 1y 5mo | 4y 2mo | 5y 7moOct 2007 - May 2013 |
COVID crash2020 | -33.82%Mar 2020 | 1mo 2d | 4mo 22d | 5mo 24dFeb 2020 - Aug 2020 |
Bear market2022 | -24.74%Oct 2022 | 9mo 10d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.49%Dec 2018 | 3mo 4d | 3mo 19d | 6mo 23dSep 2018 - Apr 2019 |
2025 selloff2025 | -19.07%Apr 2025 | 1mo 19d | 2mo 23d | 4mo 12dFeb 2025 - Jun 2025 |
Drawdown Indicators
| MXVIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.12% | -56.78% | -1.34% |
Max Drawdown (1Y)Largest decline over 1 year | -8.94% | -9.10% | +0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -19.07% | -18.90% | -0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -24.74% | -25.43% | +0.69% |
Max Drawdown (10Y)Largest decline over 10 years | -33.82% | -33.92% | +0.10% |
Current DrawdownCurrent decline from peak | -1.75% | -3.21% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -8.66% | -10.71% | +2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 2.04% | -0.06% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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