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GGEYX vs. MEIFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GGEYX vs. MEIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GuideStone Funds Growth Equity Fund (GGEYX) and Meridian Enhanced Equity Fund (MEIFX). The values are adjusted to include any dividend payments, if applicable.

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GGEYX vs. MEIFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
GGEYX
GuideStone Funds Growth Equity Fund
-10.08%13.18%30.51%42.26%-37.71%17.77%35.74%34.83%0.77%32.56%
MEIFX
Meridian Enhanced Equity Fund
0.46%6.51%13.19%18.96%-16.43%15.15%26.18%44.95%-0.51%27.94%

Returns By Period

In the year-to-date period, GGEYX achieves a -10.08% return, which is significantly lower than MEIFX's 0.46% return. Over the past 10 years, GGEYX has underperformed MEIFX with an annualized return of 13.30%, while MEIFX has yielded a comparatively higher 14.04% annualized return.


GGEYX

1D
0.04%
1M
-4.53%
YTD
-10.08%
6M
-11.42%
1Y
17.13%
3Y*
18.34%
5Y*
6.30%
10Y*
13.30%

MEIFX

1D
0.61%
1M
-1.42%
YTD
0.46%
6M
0.80%
1Y
9.57%
3Y*
10.43%
5Y*
5.88%
10Y*
14.04%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GGEYX vs. MEIFX - Expense Ratio Comparison

GGEYX has a 0.65% expense ratio, which is lower than MEIFX's 1.20% expense ratio.


Return for Risk

GGEYX vs. MEIFX — Risk / Return Rank

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

GGEYX
GGEYX Risk / Return Rank: 1313
Overall Rank
GGEYX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
GGEYX Sortino Ratio Rank: 1515
Sortino Ratio Rank
GGEYX Omega Ratio Rank: 1414
Omega Ratio Rank
GGEYX Calmar Ratio Rank: 1313
Calmar Ratio Rank
GGEYX Martin Ratio Rank: 1212
Martin Ratio Rank

MEIFX
MEIFX Risk / Return Rank: 1515
Overall Rank
MEIFX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
MEIFX Sortino Ratio Rank: 1313
Sortino Ratio Rank
MEIFX Omega Ratio Rank: 1313
Omega Ratio Rank
MEIFX Calmar Ratio Rank: 1616
Calmar Ratio Rank
MEIFX Martin Ratio Rank: 2323
Martin Ratio Rank
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.

GGEYX vs. MEIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Growth Equity Fund (GGEYX) and Meridian Enhanced Equity Fund (MEIFX). 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.


GGEYXMEIFXDifference

Sharpe ratio

Return per unit of total volatility

0.48

0.46

+0.02

Sortino ratio

Return per unit of downside risk

0.85

0.79

+0.06

Omega ratio

Gain probability vs. loss probability

1.12

1.11

+0.01

Calmar ratio

Return relative to maximum drawdown

0.62

0.72

-0.10

Martin ratio

Return relative to average drawdown

1.89

3.31

-1.43

GGEYX vs. MEIFX - Sharpe Ratio Comparison

The current GGEYX Sharpe Ratio is 0.48, which is comparable to the MEIFX Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of GGEYX and MEIFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


GGEYXMEIFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.48

0.46

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

0.37

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.60

0.79

-0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.52

-0.12

Correlation

The correlation between GGEYX and MEIFX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

GGEYX vs. MEIFX - Dividend Comparison

GGEYX's dividend yield for the trailing twelve months is around 15.44%, more than MEIFX's 7.21% yield.


TTM20252024202320222021202020192018201720162015
GGEYX
GuideStone Funds Growth Equity Fund
15.44%13.89%13.54%4.93%6.41%20.36%15.42%10.02%19.42%10.82%4.49%22.22%
MEIFX
Meridian Enhanced Equity Fund
7.21%7.25%14.61%0.61%9.28%25.44%13.26%40.49%11.67%1.18%0.78%4.24%

Drawdowns

GGEYX vs. MEIFX - Drawdown Comparison

The maximum GGEYX drawdown since its inception was -54.51%, roughly equal to the maximum MEIFX drawdown of -54.37%. Use the drawdown chart below to compare losses from any high point for GGEYX and MEIFX.


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Drawdown Indicators


GGEYXMEIFXDifference

Max Drawdown

Largest peak-to-trough decline

-54.51%

-54.37%

-0.14%

Max Drawdown (1Y)

Largest decline over 1 year

-18.40%

-6.59%

-11.81%

Max Drawdown (5Y)

Largest decline over 5 years

-49.59%

-23.54%

-26.05%

Max Drawdown (10Y)

Largest decline over 10 years

-49.59%

-28.67%

-20.92%

Current Drawdown

Current decline from peak

-14.70%

-5.48%

-9.22%

Average Drawdown

Average peak-to-trough decline

-11.23%

-7.76%

-3.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.03%

2.06%

+3.97%

Volatility

GGEYX vs. MEIFX - Volatility Comparison

GuideStone Funds Growth Equity Fund (GGEYX) has a higher volatility of 6.42% compared to Meridian Enhanced Equity Fund (MEIFX) at 3.94%. This indicates that GGEYX's price experiences larger fluctuations and is considered to be riskier than MEIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GGEYXMEIFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.42%

3.94%

+2.48%

Volatility (6M)

Calculated over the trailing 6-month period

12.16%

7.34%

+4.82%

Volatility (1Y)

Calculated over the trailing 1-year period

21.86%

14.97%

+6.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.24%

15.93%

+8.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.26%

17.95%

+4.31%