GDMYX vs. GMFZX

Last updated Jun 4, 2026

GDMYX (GuideStone Funds Defensive Market Strategies Fund) and GMFZX (GuideStone Funds MyDestination 2045 Fund) are both mutual funds - GDMYX is a Diversified Portfolio fund managed by GuideStone Funds, while GMFZX is a Target Retirement Date fund managed by GuideStone Funds. Over the past 10 years, GDMYX returned 5.70%/yr vs 10.95%/yr for GMFZX. Their correlation of 0.92 suggests significant overlap in exposure. GDMYX charges 0.66%/yr vs 0.38%/yr for GMFZX.

Performance

GDMYX vs. GMFZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GuideStone Funds Defensive Market Strategies Fund (GDMYX) and GuideStone Funds MyDestination 2045 Fund (GMFZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GDMYX achieves a 6.31% return, which is significantly lower than GMFZX's 10.51% return. Over the past 10 years, GDMYX has underperformed GMFZX with an annualized return of 5.70%, while GMFZX has yielded a comparatively higher 10.95% annualized return.

GDMYX

• 1D: 0.08%
• 1M: 3.49%
• YTD: 6.31%
• 6M: 6.52%
• 1Y: 16.04%
• 3Y*: 11.73%
• 5Y*: 2.77%
• 10Y*: 5.70%

GMFZX

• 1D: 0.28%
• 1M: 4.61%
• YTD: 10.51%
• 6M: 11.20%
• 1Y: 24.12%
• 3Y*: 17.65%
• 5Y*: 9.16%
• 10Y*: 10.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GDMYX vs. GMFZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GDMYX GuideStone Funds Defensive Market Strategies Fund	6.31%	10.46%	11.71%	11.43%	-25.87%	12.14%	10.04%	19.79%	-2.69%	11.51%
GMFZX GuideStone Funds MyDestination 2045 Fund	10.51%	18.22%	14.21%	18.70%	-17.40%	16.30%	13.82%	24.26%	-7.79%	20.91%

Correlation

The correlation between GDMYX and GMFZX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012	0.92

The correlation between GDMYX and GMFZX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

GDMYX vs. GMFZX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GDMYX

GDMYX Risk / Return Rank: 59
GDMYX Sharpe Ratio Rank: 58
GDMYX Sortino Ratio Rank: 56
GDMYX Omega Ratio Rank: 61
GDMYX Calmar Ratio Rank: 53
GDMYX Martin Ratio Rank: 70

GMFZX

GMFZX Risk / Return Rank: 58
GMFZX Sharpe Ratio Rank: 59
GMFZX Sortino Ratio Rank: 56
GMFZX Omega Ratio Rank: 56
GMFZX Calmar Ratio Rank: 55
GMFZX Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GDMYX vs. GMFZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Defensive Market Strategies Fund (GDMYX) and GuideStone Funds MyDestination 2045 Fund (GMFZX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	GDMYX	GMFZX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	2.26	-0.02
Sortino ratio: Return per unit of downside risk	3.16	3.17	-0.01
Omega ratio: Gain probability vs. loss probability	1.44	1.41	+0.02
Calmar ratio: Return relative to maximum drawdown	2.77	2.85	-0.07
Martin ratio: Return relative to average drawdown	13.47	12.75	+0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GDMYX vs. GMFZX - Sharpe Ratio Comparison

The current GDMYX Sharpe Ratio is 2.24, which is comparable to the GMFZX Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of GDMYX and GMFZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GDMYX	GMFZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	2.26	-0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.68	-0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	0.76	-0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.37	+0.16

Drawdowns

GDMYX vs. GMFZX - Drawdown Comparison

The maximum GDMYX drawdown since its inception was -29.89%, smaller than the maximum GMFZX drawdown of -60.03%. Use the drawdown chart below to compare losses from any high point for GDMYX and GMFZX.

Drawdown Indicators

	GDMYX	GMFZX	Difference
Max Drawdown Largest peak-to-trough decline	-29.89%	-60.03%	+30.14%
Max Drawdown (1Y) Largest decline over 1 year	-5.95%	-8.59%	+2.64%
Max Drawdown (3Y) Largest decline over 3 years	-16.58%	-14.13%	-2.45%
Max Drawdown (5Y) Largest decline over 5 years	-29.89%	-24.61%	-5.28%
Max Drawdown (10Y) Largest decline over 10 years	-29.89%	-30.18%	+0.29%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.69%	-9.66%	+3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	1.91%	-0.69%

Volatility

GDMYX vs. GMFZX - Volatility Comparison

The current volatility for GuideStone Funds Defensive Market Strategies Fund (GDMYX) is 1.59%, while GuideStone Funds MyDestination 2045 Fund (GMFZX) has a volatility of 3.22%. This indicates that GDMYX experiences smaller price fluctuations and is considered to be less risky than GMFZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GDMYX	GMFZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.59%	3.22%	-1.63%
Volatility (6M) Calculated over the trailing 6-month period	5.67%	8.61%	-2.94%
Volatility (1Y) Calculated over the trailing 1-year period	7.37%	10.83%	-3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	13.53%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.24%	14.41%	-2.17%

GDMYX vs. GMFZX - Expense Ratio Comparison

GDMYX has a 0.66% expense ratio, which is higher than GMFZX's 0.38% expense ratio.

Dividends

GDMYX vs. GMFZX - Dividend Comparison

GDMYX's dividend yield for the trailing twelve months is around 9.61%, more than GMFZX's 4.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDMYX GuideStone Funds Defensive Market Strategies Fund	9.61%	10.22%	10.00%	2.28%	0.00%	10.65%	3.09%	5.76%	5.36%	4.63%	0.00%	0.00%
GMFZX GuideStone Funds MyDestination 2045 Fund	4.07%	4.50%	5.87%	3.27%	6.81%	5.46%	2.36%	3.33%	7.99%	4.37%	3.97%	19.91%

Frequently Asked Questions

Can I hold both GDMYX and GMFZX in my portfolio?

With a correlation of 0.94, GDMYX and GMFZX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GDMYX or GMFZX?

GMFZX has higher volatility (3.22%) compared to GDMYX (1.59%). In terms of maximum drawdown, GDMYX dropped -29.89% vs GMFZX's -60.03%.

Which has better risk-adjusted returns?

GMFZX currently has the higher Sharpe Ratio (2.26 vs 2.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.