GEMYX vs. GMFZX

Last updated Jun 5, 2026

GEMYX (GuideStone Funds Emerging Markets Equity Fund) and GMFZX (GuideStone Funds MyDestination 2045 Fund) are both mutual funds - GEMYX is a Emerging Markets Diversified fund managed by GuideStone Funds, while GMFZX is a Target Retirement Date fund managed by GuideStone Funds. Over the past 10 years, GEMYX returned 10.69%/yr vs 10.86%/yr for GMFZX. A 0.76 correlation means they provide meaningful diversification when combined. GEMYX charges 1.10%/yr vs 0.38%/yr for GMFZX.

Performance

GEMYX vs. GMFZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GuideStone Funds Emerging Markets Equity Fund (GEMYX) 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, GEMYX achieves a 32.41% return, which is significantly higher than GMFZX's 9.67% return. Both investments have delivered pretty close results over the past 10 years, with GEMYX having a 10.69% annualized return and GMFZX not far ahead at 10.86%.

GEMYX

• 1D: -1.03%
• 1M: 9.40%
• YTD: 32.41%
• 6M: 35.90%
• 1Y: 61.53%
• 3Y*: 26.76%
• 5Y*: 8.49%
• 10Y*: 10.69%

GMFZX

• 1D: -0.76%
• 1M: 2.93%
• YTD: 9.67%
• 6M: 10.20%
• 1Y: 22.98%
• 3Y*: 17.35%
• 5Y*: 8.83%
• 10Y*: 10.86%

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

GEMYX vs. GMFZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GEMYX GuideStone Funds Emerging Markets Equity Fund	32.41%	34.83%	8.23%	11.07%	-21.38%	-1.90%	22.20%	20.06%	-20.27%	35.80%
GMFZX GuideStone Funds MyDestination 2045 Fund	9.67%	18.22%	14.21%	18.70%	-17.40%	16.30%	13.82%	24.26%	-7.79%	20.91%

Correlation

The correlation between GEMYX and GMFZX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014	0.76

The correlation between GEMYX and GMFZX has been stable across timeframes, ranging from 0.74 to 0.76 - a consistent structural relationship.

Return for Risk

GEMYX vs. GMFZX — Risk / Return Rank

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

GEMYX

GEMYX Risk / Return Rank: 90
GEMYX Sharpe Ratio Rank: 95
GEMYX Sortino Ratio Rank: 87
GEMYX Omega Ratio Rank: 88
GEMYX Calmar Ratio Rank: 90
GEMYX Martin Ratio Rank: 91

GMFZX

GMFZX Risk / Return Rank: 55
GMFZX Sharpe Ratio Rank: 55
GMFZX Sortino Ratio Rank: 53
GMFZX Omega Ratio Rank: 53
GMFZX Calmar Ratio Rank: 52
GMFZX Martin Ratio Rank: 63

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.

GEMYX vs. GMFZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Emerging Markets Equity Fund (GEMYX) 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.

	GEMYX	GMFZX	Difference
Sharpe ratio: Return per unit of total volatility	3.36	2.15	+1.21
Sortino ratio: Return per unit of downside risk	4.15	3.02	+1.13
Omega ratio: Gain probability vs. loss probability	1.62	1.39	+0.23
Calmar ratio: Return relative to maximum drawdown	4.48	2.71	+1.77
Martin ratio: Return relative to average drawdown	18.19	12.14	+6.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GEMYX vs. GMFZX - Sharpe Ratio Comparison

The current GEMYX Sharpe Ratio is 3.36, which is higher than the GMFZX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of GEMYX 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

	GEMYX	GMFZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.36	2.15	+1.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.66	-0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.76	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.36	0.00

Drawdowns

GEMYX vs. GMFZX - Drawdown Comparison

The maximum GEMYX drawdown since its inception was -40.68%, smaller than the maximum GMFZX drawdown of -60.03%. Use the drawdown chart below to compare losses from any high point for GEMYX and GMFZX.

Drawdown Indicators

	GEMYX	GMFZX	Difference
Max Drawdown Largest peak-to-trough decline	-40.68%	-60.03%	+19.35%
Max Drawdown (1Y) Largest decline over 1 year	-14.25%	-8.59%	-5.66%
Max Drawdown (3Y) Largest decline over 3 years	-17.49%	-14.13%	-3.36%
Max Drawdown (5Y) Largest decline over 5 years	-38.96%	-24.61%	-14.35%
Max Drawdown (10Y) Largest decline over 10 years	-40.28%	-30.18%	-10.10%
Current Drawdown Current decline from peak	-1.03%	-0.76%	-0.27%
Average Drawdown Average peak-to-trough decline	-16.32%	-9.66%	-6.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.50%	1.91%	+1.59%

Volatility

GEMYX vs. GMFZX - Volatility Comparison

GuideStone Funds Emerging Markets Equity Fund (GEMYX) has a higher volatility of 8.51% compared to GuideStone Funds MyDestination 2045 Fund (GMFZX) at 3.30%. This indicates that GEMYX's price experiences larger fluctuations and is considered to be riskier than GMFZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEMYX	GMFZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.51%	3.30%	+5.21%
Volatility (6M) Calculated over the trailing 6-month period	16.48%	8.64%	+7.84%
Volatility (1Y) Calculated over the trailing 1-year period	19.02%	10.86%	+8.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.00%	13.53%	+5.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.79%	14.41%	+4.38%

GEMYX vs. GMFZX - Expense Ratio Comparison

GEMYX has a 1.10% expense ratio, which is higher than GMFZX's 0.38% expense ratio.

Dividends

GEMYX vs. GMFZX - Dividend Comparison

GEMYX's dividend yield for the trailing twelve months is around 3.00%, less than GMFZX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GEMYX GuideStone Funds Emerging Markets Equity Fund	3.00%	3.97%	1.67%	2.17%	2.16%	13.40%	0.97%	2.60%	0.69%	0.96%	0.00%	0.00%
GMFZX GuideStone Funds MyDestination 2045 Fund	4.11%	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 GEMYX and GMFZX in my portfolio?

GEMYX and GMFZX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEMYX or GMFZX?

GEMYX has higher volatility (8.51%) compared to GMFZX (3.30%). In terms of maximum drawdown, GEMYX dropped -40.68% vs GMFZX's -60.03%.

Which has better risk-adjusted returns?

GEMYX currently has the higher Sharpe Ratio (3.36 vs 2.15), 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.