MUXYX vs. USSPX
MUXYX (Victory S&P 500 Index Fund) and USSPX (Victory 500 Index Fund Member Shares) are both mutual funds - MUXYX is a S&P 500 fund tracking the S&P 500 Index, while USSPX is a Large Cap Blend Equities fund tracking the Victory US Large Cap 500 Index. Both are passively managed. Over the past 10 years, MUXYX returned 14.41%/yr vs 14.90%/yr for USSPX. Their 1.00 correlation means they have historically moved very closely together. MUXYX charges 0.44%/yr vs 0.23%/yr for USSPX.
Performance
MUXYX vs. USSPX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with MUXYX having a 9.06% return and USSPX slightly higher at 9.34%. Both investments have delivered pretty close results over the past 10 years, with MUXYX having a 14.41% annualized return and USSPX not far ahead at 14.90%.
MUXYX
- 1D
- 1.63%
- 1M
- -0.62%
- 6M
- 7.56%
- YTD
- 9.06%
- 1Y
- 20.06%
- 3Y*
- 18.52%
- 5Y*
- 12.16%
- 10Y*
- 14.41%
- ALL TIME*
- 10.46%
USSPX
- 1D
- 1.71%
- 1M
- -0.72%
- 6M
- 7.93%
- YTD
- 9.34%
- 1Y
- 20.29%
- 3Y*
- 19.04%
- 5Y*
- 12.30%
- 10Y*
- 14.90%
- ALL TIME*
- 10.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MUXYX vs. USSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MUXYX Victory S&P 500 Index Fund | 9.06% | 17.17% | 24.62% | 25.70% | -18.49% | 28.01% | 17.91% | 30.85% | -4.84% | 21.27% |
USSPX Victory 500 Index Fund Member Shares | 9.34% | 17.63% | 25.04% | 26.99% | -19.37% | 27.45% | 21.21% | 31.19% | -4.66% | 21.19% |
Correlation
The correlation between MUXYX and USSPX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (10Y) Provides a long-term view across more market conditions. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 1996 | 1.00 |
The correlation between MUXYX and USSPX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MUXYX vs. USSPX — Risk / Return Rank
MUXYX
USSPX
MUXYX vs. USSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Victory S&P 500 Index Fund (MUXYX) and Victory 500 Index Fund Member Shares (USSPX). 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.
| MUXYX | USSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.25 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.02 | -0.04 |
| Martin ratioReturn relative to average drawdown | 8.44 | 8.54 | -0.10 |
Loading charts...
Drawdowns
MUXYX vs. USSPX - Drawdown Comparison
The maximum MUXYX drawdown since its inception was -55.74%, roughly equal to the maximum USSPX drawdown of -55.39%. Use the drawdown chart below to compare losses from any high point for MUXYX and USSPX.
Loading charts...
Drawdown Indicators
| MUXYX | USSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.74% | -55.39% | -0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | -8.92% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -27.62% | -19.64% | -7.98% |
Max Drawdown (5Y)Largest decline over 5 years | -28.47% | -26.88% | -1.59% |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | -33.64% | -0.15% |
Current DrawdownCurrent decline from peak | -2.18% | -2.30% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -9.54% | -10.09% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.10% | 0.00% |
Volatility
MUXYX vs. USSPX - Volatility Comparison
Victory S&P 500 Index Fund (MUXYX) and Victory 500 Index Fund Member Shares (USSPX) have volatilities of 3.44% and 3.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MUXYX | USSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.44% | 3.49% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.09% | 10.21% | -0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.86% | 12.98% | -0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.54% | 17.62% | +1.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.33% | 18.37% | +0.96% |
MUXYX vs. USSPX - Expense Ratio Comparison
MUXYX has a 0.44% expense ratio, which is higher than USSPX's 0.23% expense ratio.
Dividends
MUXYX vs. USSPX - Dividend Comparison
MUXYX's dividend yield for the trailing twelve months is around 7.51%, more than USSPX's 3.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MUXYX Victory S&P 500 Index Fund | 7.51% | 8.00% | 16.75% | 5.84% | 8.25% | 7.94% | 7.27% | 13.51% | 12.31% | 17.31% | 8.03% | 11.65% |
USSPX Victory 500 Index Fund Member Shares | 3.79% | 4.14% | 3.63% | 2.07% | 2.81% | 4.98% | 3.38% | 4.98% | 3.03% | 1.34% | 2.34% | 1.89% |
Frequently Asked Questions
With a correlation of 1.00, MUXYX and USSPX 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.
USSPX has higher volatility (3.49%) compared to MUXYX (3.44%). In terms of maximum drawdown, MUXYX dropped -55.74% vs USSPX's -55.39%.
USSPX currently has the higher Sharpe Ratio (1.39 vs 1.38), 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.
Find the right allocation for MUXYX and USSPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer