MXBSX vs. SPY
Compare and contrast key facts about Great-West Lifetime 2050 Fund (MXBSX) and SPDR S&P 500 ETF (SPY).
MXBSX is managed by Great-West. It was launched on Apr 27, 2016. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXBSX or SPY.
Correlation
The correlation between MXBSX and SPY is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MXBSX vs. SPY - Performance Comparison
Key characteristics
MXBSX:
0.90
SPY:
1.97
MXBSX:
1.22
SPY:
2.64
MXBSX:
1.19
SPY:
1.36
MXBSX:
0.66
SPY:
2.97
MXBSX:
4.37
SPY:
12.34
MXBSX:
2.61%
SPY:
2.03%
MXBSX:
12.70%
SPY:
12.68%
MXBSX:
-36.11%
SPY:
-55.19%
MXBSX:
-8.76%
SPY:
-0.01%
Returns By Period
In the year-to-date period, MXBSX achieves a 4.52% return, which is significantly higher than SPY's 4.03% return.
MXBSX
4.52%
3.15%
0.83%
9.09%
2.38%
N/A
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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MXBSX vs. SPY - Expense Ratio Comparison
MXBSX has a 0.12% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
MXBSX vs. SPY — Risk-Adjusted Performance Rank
MXBSX
SPY
MXBSX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2050 Fund (MXBSX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
MXBSX vs. SPY - Dividend Comparison
MXBSX's dividend yield for the trailing twelve months is around 2.64%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXBSX Great-West Lifetime 2050 Fund | 2.64% | 2.76% | 2.51% | 2.25% | 3.44% | 1.95% | 3.18% | 3.56% | 3.40% | 1.48% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MXBSX vs. SPY - Drawdown Comparison
The maximum MXBSX drawdown since its inception was -36.11%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MXBSX and SPY. For additional features, visit the drawdowns tool.
Volatility
MXBSX vs. SPY - Volatility Comparison
The current volatility for Great-West Lifetime 2050 Fund (MXBSX) is 2.95%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that MXBSX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.