GMFZX vs. GLDYX
GMFZX (GuideStone Funds MyDestination 2045 Fund) and GLDYX (GuideStone Funds Low-Duration Bond Fund) are both mutual funds - GMFZX is a Target Retirement Date fund managed by GuideStone Funds, while GLDYX is a Short-Term Bond fund managed by GuideStone Funds. Over the past 10 years, GMFZX returned 10.98%/yr vs 2.27%/yr for GLDYX. At a correlation of -0.05, they often move in opposite directions. GMFZX charges 0.38%/yr vs 0.34%/yr for GLDYX.
Performance
GMFZX vs. GLDYX - Performance Comparison
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Returns By Period
In the year-to-date period, GMFZX achieves a 10.13% return, which is significantly higher than GLDYX's 0.65% return. Over the past 10 years, GMFZX has outperformed GLDYX with an annualized return of 10.98%, while GLDYX has yielded a comparatively lower 2.27% annualized return.
GMFZX
- 1D
- 1.12%
- 1M
- 1.54%
- YTD
- 10.13%
- 6M
- 9.88%
- 1Y
- 23.90%
- 3Y*
- 16.49%
- 5Y*
- 9.31%
- 10Y*
- 10.98%
GLDYX
- 1D
- 0.08%
- 1M
- 0.32%
- YTD
- 0.65%
- 6M
- 0.88%
- 1Y
- 3.74%
- 3Y*
- 4.90%
- 5Y*
- 2.17%
- 10Y*
- 2.27%
GMFZX vs. GLDYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMFZX GuideStone Funds MyDestination 2045 Fund | 10.13% | 18.22% | 14.21% | 18.70% | -17.40% | 16.30% | 13.82% | 24.26% | -7.79% | 20.91% |
GLDYX GuideStone Funds Low-Duration Bond Fund | 0.65% | 5.66% | 4.81% | 5.09% | -4.42% | -0.47% | 3.39% | 4.00% | 1.83% | 1.69% |
Correlation
The correlation between GMFZX and GLDYX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007 | -0.05 |
The correlation between GMFZX and GLDYX shifts across timeframes, from -0.05 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GMFZX vs. GLDYX — Risk / Return Rank
GMFZX
GLDYX
GMFZX vs. GLDYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds MyDestination 2045 Fund (GMFZX) and GuideStone Funds Low-Duration Bond Fund (GLDYX). 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.
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.
| GMFZX | GLDYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.65 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.76 | 3.65 | -0.89 |
| Martin ratioReturn relative to average drawdown | 12.12 | 15.17 | -3.05 |
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Drawdowns
GMFZX vs. GLDYX - Drawdown Comparison
The maximum GMFZX drawdown since its inception was -60.03%, which is greater than GLDYX's maximum drawdown of -11.73%. Use the drawdown chart below to compare losses from any high point for GMFZX and GLDYX.
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Drawdown Indicators
| GMFZX | GLDYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.03% | -11.73% | -48.30% |
Max Drawdown (1Y)Largest decline over 1 year | -8.59% | -1.04% | -7.55% |
Max Drawdown (3Y)Largest decline over 3 years | -14.13% | -1.04% | -13.09% |
Max Drawdown (5Y)Largest decline over 5 years | -24.61% | -6.68% | -17.93% |
Max Drawdown (10Y)Largest decline over 10 years | -30.18% | -6.68% | -23.50% |
Current DrawdownCurrent decline from peak | -0.34% | -0.15% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -9.64% | -2.15% | -7.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 0.25% | +1.70% |
Volatility
GMFZX vs. GLDYX - Volatility Comparison
GuideStone Funds MyDestination 2045 Fund (GMFZX) has a higher volatility of 4.53% compared to GuideStone Funds Low-Duration Bond Fund (GLDYX) at 0.49%. This indicates that GMFZX's price experiences larger fluctuations and is considered to be riskier than GLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMFZX | GLDYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.53% | 0.49% | +4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 1.05% | +8.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.46% | 1.38% | +10.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.64% | 1.83% | +11.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.45% | 1.55% | +12.90% |
GMFZX vs. GLDYX - Expense Ratio Comparison
GMFZX has a 0.38% expense ratio, which is higher than GLDYX's 0.34% expense ratio.
Dividends
GMFZX vs. GLDYX - Dividend Comparison
GMFZX's dividend yield for the trailing twelve months is around 4.09%, which matches GLDYX's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLDYX GuideStone Funds Low-Duration Bond Fund | 4.10% | 4.32% | 4.31% | 3.36% | 1.72% | 1.02% | 1.70% | 2.49% | 2.87% | 1.60% | 1.66% | 1.03% |
GMFZX GuideStone Funds MyDestination 2045 Fund | 4.09% | 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
GMFZX and GLDYX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GMFZX has higher volatility (4.53%) compared to GLDYX (0.49%). In terms of maximum drawdown, GMFZX dropped -60.03% vs GLDYX's -11.73%.
GLDYX currently has the higher Sharpe Ratio (2.74 vs 2.07), 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.
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