MXAYX vs. URINX

Last updated Aug 1, 2026

MXAYX (Great-West Lifetime 2030 Fund) and URINX (USAA Target Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, MXAYX returned 7.73%/yr vs 5.57%/yr for URINX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. MXAYX charges 0.10%/yr vs 0.04%/yr for URINX.

Performance

MXAYX vs. URINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Lifetime 2030 Fund (MXAYX) and USAA Target Retirement Income Fund (URINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MXAYX achieves a 6.85% return, which is significantly higher than URINX's 5.97% return. Over the past 10 years, MXAYX has outperformed URINX with an annualized return of 7.73%, while URINX has yielded a comparatively lower 5.57% 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%

URINX

• 1D: 0.59%
• 1M: 0.17%
• 6M: 4.23%
• YTD: 5.97%
• 1Y: 11.68%
• 3Y*: 9.68%
• 5Y*: 4.98%
• 10Y*: 5.57%
• ALL TIME*: 6.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MXAYX Great-West Lifetime 2030 Fund	$0.00	$0.00	$0.00
URINX USAA Target Retirement Income Fund	$0.00	$0.00	$0.00

MXAYX vs. URINX - 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%
URINX USAA Target Retirement Income Fund	5.97%	12.36%	6.66%	10.79%	-10.38%	6.47%	8.74%	11.72%	-3.00%	8.34%

Correlation

The correlation between MXAYX and URINX is 0.91, 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.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.79
Correlation (All Time) Calculated using the full available price history since May 4, 2016	0.79

The correlation between MXAYX and URINX shifts across timeframes, from 0.79 (10 years) to 0.91 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

MXAYX vs. URINX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MXAYX

MXAYX Risk / Return Rank: 56
MXAYX Sharpe Ratio Rank: 54
MXAYX Sortino Ratio Rank: 54
MXAYX Omega Ratio Rank: 55
MXAYX Calmar Ratio Rank: 55
MXAYX Martin Ratio Rank: 65

URINX

URINX Risk / Return Rank: 85
URINX Sharpe Ratio Rank: 85
URINX Sortino Ratio Rank: 84
URINX Omega Ratio Rank: 83
URINX Calmar Ratio Rank: 85
URINX Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MXAYX vs. URINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2030 Fund (MXAYX) and USAA Target Retirement Income Fund (URINX). 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	URINX	Difference
Sharpe ratio: Return per unit of total volatility	1.47	2.05	-0.58
Sortino ratio: Return per unit of downside risk	2.12	3.01	-0.89
Omega ratio: Gain probability vs. loss probability	1.28	1.39	-0.11
Calmar ratio: Return relative to maximum drawdown	2.05	2.94	-0.89
Martin ratio: Return relative to average drawdown	8.56	12.40	-3.84

MXAYX vs. URINX - Sharpe Ratio Comparison

The current MXAYX Sharpe Ratio is 1.47, which is comparable to the URINX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of MXAYX and URINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MXAYX vs. URINX - Drawdown Comparison

The maximum MXAYX drawdown since its inception was -24.86%, which is greater than URINX's maximum drawdown of -15.27%. Use the drawdown chart below to compare losses from any high point for MXAYX and URINX.

Drawdown Indicators

	MXAYX	URINX	Difference
Max Drawdown Largest peak-to-trough decline	-24.86%	-15.27%	-9.59%
Max Drawdown (1Y) Largest decline over 1 year	-6.27%	-3.92%	-2.35%
Max Drawdown (3Y) Largest decline over 3 years	-9.57%	-4.84%	-4.73%
Max Drawdown (5Y) Largest decline over 5 years	-24.86%	-15.27%	-9.59%
Max Drawdown (10Y) Largest decline over 10 years	-24.86%	-15.27%	-9.59%
Current Drawdown Current decline from peak	-0.65%	-0.30%	-0.35%
Average Drawdown Average peak-to-trough decline	-4.73%	-1.90%	-2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	0.93%	+0.57%

Volatility

MXAYX vs. URINX - Volatility Comparison

Great-West Lifetime 2030 Fund (MXAYX) has a higher volatility of 2.09% compared to USAA Target Retirement Income Fund (URINX) at 1.44%. This indicates that MXAYX's price experiences larger fluctuations and is considered to be riskier than URINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXAYX	URINX	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%	4.82%	+1.95%
Volatility (1Y) Calculated over the trailing 1-year period	8.74%	5.64%	+3.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.60%	6.37%	+5.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.80%	5.87%	+5.93%

MXAYX vs. URINX - Expense Ratio Comparison

MXAYX has a 0.10% expense ratio, which is higher than URINX's 0.04% expense ratio. However, 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. URINX - Dividend Comparison

MXAYX's dividend yield for the trailing twelve months is around 4.30%, less than URINX's 5.81% 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%
URINX USAA Target Retirement Income Fund	5.81%	6.07%	4.22%	3.48%	6.63%	6.66%	3.97%	6.37%	6.11%	5.68%	3.34%	4.54%

Frequently Asked Questions

Can I hold both MXAYX and URINX in my portfolio?

With a correlation of 0.91, MXAYX and URINX 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.

Which is riskier, MXAYX or URINX?

MXAYX has higher volatility (2.09%) compared to URINX (1.44%). In terms of maximum drawdown, MXAYX dropped -24.86% vs URINX's -15.27%.

Which has better risk-adjusted returns?

URINX currently has the higher Sharpe Ratio (2.05 vs 1.47), 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.