MXAYX vs. PRMYX
MXAYX (Great-West Lifetime 2030 Fund) and PRMYX (Putnam RetirementReady Maturity Fund) are both Target Retirement Date funds. Over the past 10 years, MXAYX returned 7.73%/yr vs 3.20%/yr for PRMYX. Their 0.66 correlation means they have sometimes moved together and sometimes differently. MXAYX charges 0.10%/yr vs 0.13%/yr for PRMYX.
Performance
MXAYX vs. PRMYX - Performance Comparison
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Returns By Period
In the year-to-date period, MXAYX achieves a 6.85% return, which is significantly higher than PRMYX's 2.30% return. Over the past 10 years, MXAYX has outperformed PRMYX with an annualized return of 7.73%, while PRMYX has yielded a comparatively lower 3.20% annualized return.
MXAYX
- 1D
- 1.00%
- 1M
- -0.16%
- 6M
- 4.74%
- YTD
- 6.85%
- 1Y
- 13.81%
- 3Y*
- 10.63%
- 5Y*
- 5.48%
- 10Y*
- 7.73%
- ALL TIME*
- 8.01%
PRMYX
- 1D
- 0.58%
- 1M
- -0.23%
- 6M
- 2.28%
- YTD
- 2.30%
- 1Y
- 6.12%
- 3Y*
- 7.35%
- 5Y*
- 4.08%
- 10Y*
- 3.20%
- ALL TIME*
- 3.28%
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 |
MXAYX vs. PRMYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXAYX Great-West Lifetime 2030 Fund | 6.85% | 13.30% | 8.22% | 13.71% | -14.31% | 12.17% | 12.76% | 21.21% | -7.29% | 15.67% |
PRMYX Putnam RetirementReady Maturity Fund | 2.30% | 8.38% | 6.31% | 9.82% | -4.22% | 0.02% | 1.29% | 8.54% | -5.19% | 5.10% |
Correlation
The correlation between MXAYX and PRMYX is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.83 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.66 |
Correlation (All Time) Calculated using the full available price history since May 4, 2016 | 0.66 |
Over the past year, MXAYX and PRMYX have become more correlated (0.89) than their long-term average of 0.66, meaning their price movements have been converging.
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Return for Risk
MXAYX vs. PRMYX — Risk / Return Rank
MXAYX
PRMYX
MXAYX vs. PRMYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2030 Fund (MXAYX) and Putnam RetirementReady Maturity Fund (PRMYX). 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.
| MXAYX | PRMYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.23 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.76 | +0.29 |
| Martin ratioReturn relative to average drawdown | 8.56 | 7.09 | +1.47 |
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Drawdowns
MXAYX vs. PRMYX - Drawdown Comparison
The maximum MXAYX drawdown since its inception was -24.86%, which is greater than PRMYX's maximum drawdown of -9.74%. Use the drawdown chart below to compare losses from any high point for MXAYX and PRMYX.
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Drawdown Indicators
| MXAYX | PRMYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.86% | -9.74% | -15.12% |
Max Drawdown (1Y)Largest decline over 1 year | -6.27% | -3.50% | -2.77% |
Max Drawdown (3Y)Largest decline over 3 years | -9.57% | -7.35% | -2.22% |
Max Drawdown (5Y)Largest decline over 5 years | -24.86% | -9.24% | -15.62% |
Max Drawdown (10Y)Largest decline over 10 years | -24.86% | -9.74% | -15.12% |
Current DrawdownCurrent decline from peak | -0.65% | -0.63% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -1.68% | -3.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.50% | 0.87% | +0.63% |
Volatility
MXAYX vs. PRMYX - Volatility Comparison
Great-West Lifetime 2030 Fund (MXAYX) has a higher volatility of 2.09% compared to Putnam RetirementReady Maturity Fund (PRMYX) at 1.44%. This indicates that MXAYX's price experiences larger fluctuations and is considered to be riskier than PRMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXAYX | PRMYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 1.44% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 6.77% | 3.88% | +2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.74% | 4.83% | +3.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.60% | 5.26% | +6.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.80% | 4.50% | +7.30% |
MXAYX vs. PRMYX - Expense Ratio Comparison
MXAYX has a 0.10% expense ratio, which is lower than PRMYX's 0.13% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MXAYX vs. PRMYX - Dividend Comparison
MXAYX's dividend yield for the trailing twelve months is around 4.30%, more than PRMYX's 3.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXAYX Great-West Lifetime 2030 Fund | 4.30% | 4.60% | 5.85% | 5.73% | 9.66% | 9.40% | 5.78% | 8.28% | 7.37% | 3.07% | 0.00% | 0.00% |
PRMYX Putnam RetirementReady Maturity Fund | 3.41% | 3.30% | 3.15% | 3.62% | 7.46% | 2.47% | 2.17% | 2.97% | 1.73% | 0.55% | 1.53% | 3.90% |
Frequently Asked Questions
MXAYX and PRMYX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXAYX has higher volatility (2.09%) compared to PRMYX (1.44%). In terms of maximum drawdown, MXAYX dropped -24.86% vs PRMYX's -9.74%.
MXAYX currently has the higher Sharpe Ratio (1.47 vs 1.27), 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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