GMTZX vs. GGBFX
GMTZX (GuideStone Funds MyDestination 2015 Fund) and GGBFX (GuideStone Funds Global Bond Fund) are both mutual funds - GMTZX is a Target Retirement Date fund managed by GuideStone Funds, while GGBFX is a Global Bonds fund managed by GuideStone Funds. Over the past 10 years, GMTZX returned 6.05%/yr vs 1.66%/yr for GGBFX. At a 0.47 correlation, their price movements are largely independent. GMTZX charges 0.36%/yr vs 0.86%/yr for GGBFX.
Performance
GMTZX vs. GGBFX - Performance Comparison
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Returns By Period
In the year-to-date period, GMTZX achieves a 4.78% return, which is significantly higher than GGBFX's -0.05% return. Over the past 10 years, GMTZX has outperformed GGBFX with an annualized return of 6.05%, while GGBFX has yielded a comparatively lower 1.66% annualized return.
GMTZX
- 1D
- -0.19%
- 1M
- 1.03%
- YTD
- 4.78%
- 6M
- 4.58%
- 1Y
- 12.26%
- 3Y*
- 9.80%
- 5Y*
- 4.50%
- 10Y*
- 6.05%
GGBFX
- 1D
- -0.23%
- 1M
- 0.50%
- YTD
- -0.05%
- 6M
- 0.06%
- 1Y
- 2.85%
- 3Y*
- 3.86%
- 5Y*
- -0.62%
- 10Y*
- 1.66%
GMTZX vs. GGBFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMTZX GuideStone Funds MyDestination 2015 Fund | 4.78% | 11.55% | 7.50% | 10.86% | -13.11% | 6.74% | 9.16% | 15.10% | -3.68% | 11.68% |
GGBFX GuideStone Funds Global Bond Fund | -0.05% | 7.55% | 0.40% | 5.77% | -13.90% | -2.57% | 5.03% | 11.04% | -4.74% | 7.69% |
Correlation
The correlation between GMTZX and GGBFX is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007 | 0.47 |
Over the past year, GMTZX and GGBFX have become more correlated (0.71) than their long-term average of 0.47, meaning their price movements have been converging.
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Return for Risk
GMTZX vs. GGBFX — Risk / Return Rank
GMTZX
GGBFX
GMTZX vs. GGBFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds MyDestination 2015 Fund (GMTZX) and GuideStone Funds Global Bond Fund (GGBFX). 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.
| GMTZX | GGBFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.13 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 0.81 | +1.79 |
| Martin ratioReturn relative to average drawdown | 11.68 | 2.44 | +9.23 |
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Drawdowns
GMTZX vs. GGBFX - Drawdown Comparison
The maximum GMTZX drawdown since its inception was -43.84%, which is greater than GGBFX's maximum drawdown of -27.03%. Use the drawdown chart below to compare losses from any high point for GMTZX and GGBFX.
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Drawdown Indicators
| GMTZX | GGBFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.84% | -27.03% | -16.81% |
Max Drawdown (1Y)Largest decline over 1 year | -4.95% | -3.80% | -1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -6.32% | -6.01% | -0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -17.76% | -20.84% | +3.08% |
Max Drawdown (10Y)Largest decline over 10 years | -17.83% | -20.97% | +3.14% |
Current DrawdownCurrent decline from peak | -0.28% | -4.25% | +3.97% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -4.63% | -0.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 1.26% | -0.16% |
Volatility
GMTZX vs. GGBFX - Volatility Comparison
GuideStone Funds MyDestination 2015 Fund (GMTZX) has a higher volatility of 2.50% compared to GuideStone Funds Global Bond Fund (GGBFX) at 1.28%. This indicates that GMTZX's price experiences larger fluctuations and is considered to be riskier than GGBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMTZX | GGBFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.50% | 1.28% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 5.14% | 3.25% | +1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.11% | 4.13% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.28% | 4.98% | +2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.33% | 4.51% | +2.82% |
GMTZX vs. GGBFX - Expense Ratio Comparison
GMTZX has a 0.36% expense ratio, which is lower than GGBFX's 0.86% expense ratio.
Dividends
GMTZX vs. GGBFX - Dividend Comparison
GMTZX's dividend yield for the trailing twelve months is around 5.40%, more than GGBFX's 3.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGBFX GuideStone Funds Global Bond Fund | 3.06% | 3.05% | 2.88% | 1.10% | 0.95% | 3.55% | 1.44% | 3.29% | 3.13% | 3.45% | 3.96% | 4.01% |
GMTZX GuideStone Funds MyDestination 2015 Fund | 5.40% | 5.66% | 6.34% | 3.77% | 7.27% | 5.35% | 3.64% | 4.01% | 6.38% | 2.62% | 1.45% | 15.43% |
Frequently Asked Questions
GMTZX and GGBFX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GMTZX has higher volatility (2.50%) compared to GGBFX (1.28%). In terms of maximum drawdown, GMTZX dropped -43.84% vs GGBFX's -27.03%.
GMTZX currently has the higher Sharpe Ratio (2.11 vs 0.75), 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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