MXBPX vs. MXAYX

Last updated Jun 5, 2026

MXBPX (Great-West Moderately Aggressive Profile Fund) and MXAYX (Great-West Lifetime 2030 Fund) are both mutual funds - MXBPX is a Diversified Portfolio fund managed by Great-West, while MXAYX is a Target Retirement Date fund managed by Great-West. Over the past 10 years, MXBPX returned 7.53%/yr vs 7.96%/yr for MXAYX. With a 0.96 correlation, they move nearly in lockstep. MXBPX charges 0.42%/yr vs 0.10%/yr for MXAYX.

Performance

MXBPX vs. MXAYX - Performance Comparison

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

Returns By Period

In the year-to-date period, MXBPX achieves a 7.77% return, which is significantly higher than MXAYX's 6.59% return. Over the past 10 years, MXBPX has underperformed MXAYX with an annualized return of 7.53%, while MXAYX has yielded a comparatively higher 7.96% annualized return.

MXBPX

• 1D: -0.37%
• 1M: 1.77%
• YTD: 7.77%
• 6M: 8.45%
• 1Y: 17.23%
• 3Y*: 13.23%
• 5Y*: 6.34%
• 10Y*: 7.53%

MXAYX

• 1D: -0.41%
• 1M: 1.85%
• YTD: 6.59%
• 6M: 6.95%
• 1Y: 15.81%
• 3Y*: 12.05%
• 5Y*: 5.63%
• 10Y*: 7.96%

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

MXBPX vs. MXAYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXBPX Great-West Moderately Aggressive Profile Fund	7.77%	13.78%	9.00%	13.96%	-13.04%	14.39%	11.44%	20.91%	-8.67%	13.52%
MXAYX Great-West Lifetime 2030 Fund	6.59%	13.30%	8.22%	13.71%	-14.31%	12.17%	12.76%	21.21%	-7.29%	15.67%

Correlation

The correlation between MXBPX and MXAYX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since May 5, 2016	0.96

The correlation between MXBPX and MXAYX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

MXBPX vs. MXAYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MXBPX

MXBPX Risk / Return Rank: 37
MXBPX Sharpe Ratio Rank: 31
MXBPX Sortino Ratio Rank: 31
MXBPX Omega Ratio Rank: 39
MXBPX Calmar Ratio Rank: 43
MXBPX Martin Ratio Rank: 40

MXAYX

MXAYX Risk / Return Rank: 51
MXAYX Sharpe Ratio Rank: 49
MXAYX Sortino Ratio Rank: 48
MXAYX Omega Ratio Rank: 51
MXAYX Calmar Ratio Rank: 48
MXAYX Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MXBPX vs. MXAYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Moderately Aggressive Profile Fund (MXBPX) and Great-West Lifetime 2030 Fund (MXAYX). 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.

	MXBPX	MXAYX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.97	-0.39
Sortino ratio: Return per unit of downside risk	2.27	2.83	-0.56
Omega ratio: Gain probability vs. loss probability	1.33	1.38	-0.05
Calmar ratio: Return relative to maximum drawdown	2.45	2.58	-0.13
Martin ratio: Return relative to average drawdown	8.54	10.99	-2.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXBPX vs. MXAYX - Sharpe Ratio Comparison

The current MXBPX Sharpe Ratio is 1.57, which is comparable to the MXAYX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of MXBPX and MXAYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MXBPX	MXAYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	1.97	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.49	-0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.67	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.69	-0.56

Drawdowns

MXBPX vs. MXAYX - Drawdown Comparison

The maximum MXBPX drawdown since its inception was -55.80%, which is greater than MXAYX's maximum drawdown of -24.86%. Use the drawdown chart below to compare losses from any high point for MXBPX and MXAYX.

Drawdown Indicators

	MXBPX	MXAYX	Difference
Max Drawdown Largest peak-to-trough decline	-55.80%	-24.86%	-30.94%
Max Drawdown (1Y) Largest decline over 1 year	-7.12%	-6.27%	-0.85%
Max Drawdown (3Y) Largest decline over 3 years	-11.46%	-9.57%	-1.89%
Max Drawdown (5Y) Largest decline over 5 years	-25.51%	-24.86%	-0.65%
Max Drawdown (10Y) Largest decline over 10 years	-28.63%	-24.86%	-3.77%
Current Drawdown Current decline from peak	-0.37%	-0.41%	+0.04%
Average Drawdown Average peak-to-trough decline	-20.98%	-4.80%	-16.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	1.47%	+0.57%

Volatility

MXBPX vs. MXAYX - Volatility Comparison

Great-West Moderately Aggressive Profile Fund (MXBPX) has a higher volatility of 2.77% compared to Great-West Lifetime 2030 Fund (MXAYX) at 2.43%. This indicates that MXBPX's price experiences larger fluctuations and is considered to be riskier than MXAYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXBPX	MXAYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	2.43%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	7.12%	6.15%	+0.97%
Volatility (1Y) Calculated over the trailing 1-year period	11.10%	8.23%	+2.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.44%	11.54%	+1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.69%	11.86%	+1.83%

MXBPX vs. MXAYX - Expense Ratio Comparison

MXBPX has a 0.42% expense ratio, which is higher than MXAYX's 0.10% expense ratio.

Dividends

MXBPX vs. MXAYX - Dividend Comparison

MXBPX's dividend yield for the trailing twelve months is around 5.50%, more than MXAYX's 4.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXAYX Great-West Lifetime 2030 Fund	4.31%	4.60%	5.85%	5.73%	9.66%	9.40%	5.78%	8.28%	7.37%	3.07%
MXBPX Great-West Moderately Aggressive Profile Fund	5.50%	5.92%	6.18%	5.45%	9.89%	9.76%	8.52%	11.28%	12.07%	4.47%

Frequently Asked Questions

Can I hold both MXBPX and MXAYX in my portfolio?

With a correlation of 0.97, MXBPX and MXAYX 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, MXBPX or MXAYX?

MXBPX has higher volatility (2.77%) compared to MXAYX (2.43%). In terms of maximum drawdown, MXBPX dropped -55.80% vs MXAYX's -24.86%.

Which has better risk-adjusted returns?

MXAYX currently has the higher Sharpe Ratio (1.97 vs 1.57), 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.