MXCPX vs. MXDPX

Last updated Jun 4, 2026

MXCPX (Great-West Conservative Profile Fund) and MXDPX (Great-West Moderately Conservative Profile Fund) are both Diversified Portfolio funds from Great-West. Over the past 10 years, MXCPX returned 3.98%/yr vs 5.33%/yr for MXDPX. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.37% expense ratio.

Performance

MXCPX vs. MXDPX - Performance Comparison

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

Returns By Period

In the year-to-date period, MXCPX achieves a 3.87% return, which is significantly lower than MXDPX's 5.37% return. Over the past 10 years, MXCPX has underperformed MXDPX with an annualized return of 3.98%, while MXDPX has yielded a comparatively higher 5.33% annualized return.

MXCPX

• 1D: 0.25%
• 1M: 1.26%
• YTD: 3.87%
• 6M: 4.11%
• 1Y: 9.28%
• 3Y*: 7.53%
• 5Y*: 3.16%
• 10Y*: 3.98%

MXDPX

• 1D: 0.23%
• 1M: 1.85%
• YTD: 5.37%
• 6M: 5.74%
• 1Y: 12.16%
• 3Y*: 9.41%
• 5Y*: 4.22%
• 10Y*: 5.33%

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

MXCPX vs. MXDPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXCPX Great-West Conservative Profile Fund	3.87%	8.19%	4.95%	8.41%	-10.33%	6.35%	8.07%	11.40%	-3.95%	5.94%
MXDPX Great-West Moderately Conservative Profile Fund	5.37%	10.02%	6.17%	10.19%	-11.44%	9.24%	9.30%	14.91%	-5.19%	8.25%

Correlation

The correlation between MXCPX and MXDPX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 1, 1999	0.94

The correlation between MXCPX and MXDPX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

MXCPX vs. MXDPX — Risk / Return Rank

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

MXCPX

MXCPX Risk / Return Rank: 49
MXCPX Sharpe Ratio Rank: 48
MXCPX Sortino Ratio Rank: 52
MXCPX Omega Ratio Rank: 54
MXCPX Calmar Ratio Rank: 40
MXCPX Martin Ratio Rank: 49

MXDPX

MXDPX Risk / Return Rank: 41
MXDPX Sharpe Ratio Rank: 36
MXDPX Sortino Ratio Rank: 37
MXDPX Omega Ratio Rank: 46
MXDPX Calmar Ratio Rank: 43
MXDPX Martin Ratio Rank: 43

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.

MXCPX vs. MXDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Conservative Profile Fund (MXCPX) and Great-West Moderately Conservative Profile Fund (MXDPX). 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.

	MXCPX	MXDPX	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.75	+0.29
Sortino ratio: Return per unit of downside risk	3.04	2.55	+0.49
Omega ratio: Gain probability vs. loss probability	1.40	1.37	+0.04
Calmar ratio: Return relative to maximum drawdown	2.40	2.50	-0.10
Martin ratio: Return relative to average drawdown	10.12	9.17	+0.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXCPX vs. MXDPX - Sharpe Ratio Comparison

The current MXCPX Sharpe Ratio is 2.04, which is comparable to the MXDPX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of MXCPX and MXDPX, 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

	MXCPX	MXDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.75	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.47	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.60	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.15	-0.05

Drawdowns

MXCPX vs. MXDPX - Drawdown Comparison

The maximum MXCPX drawdown since its inception was -35.02%, smaller than the maximum MXDPX drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for MXCPX and MXDPX.

Drawdown Indicators

	MXCPX	MXDPX	Difference
Max Drawdown Largest peak-to-trough decline	-35.02%	-39.33%	+4.31%
Max Drawdown (1Y) Largest decline over 1 year	-3.88%	-4.94%	+1.06%
Max Drawdown (3Y) Largest decline over 3 years	-5.57%	-7.03%	+1.46%
Max Drawdown (5Y) Largest decline over 5 years	-17.81%	-20.55%	+2.74%
Max Drawdown (10Y) Largest decline over 10 years	-17.81%	-20.55%	+2.74%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.53%	-13.94%	+1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	1.34%	-0.42%

Volatility

MXCPX vs. MXDPX - Volatility Comparison

The current volatility for Great-West Conservative Profile Fund (MXCPX) is 1.62%, while Great-West Moderately Conservative Profile Fund (MXDPX) has a volatility of 1.92%. This indicates that MXCPX experiences smaller price fluctuations and is considered to be less risky than MXDPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXCPX	MXDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.62%	1.92%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	3.70%	4.73%	-1.03%
Volatility (1Y) Calculated over the trailing 1-year period	4.57%	7.05%	-2.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.72%	9.05%	-2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.52%	8.89%	-2.37%

MXCPX vs. MXDPX - Expense Ratio Comparison

Both MXCPX and MXDPX have an expense ratio of 0.37%.

Dividends

MXCPX vs. MXDPX - Dividend Comparison

MXCPX's dividend yield for the trailing twelve months is around 3.33%, less than MXDPX's 5.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXCPX Great-West Conservative Profile Fund	3.33%	3.45%	4.53%	4.17%	5.70%	5.20%	2.46%	5.62%	5.53%	2.70%
MXDPX Great-West Moderately Conservative Profile Fund	5.00%	5.27%	4.86%	5.29%	6.69%	6.84%	2.38%	7.36%	7.84%	2.90%

Frequently Asked Questions

Can I hold both MXCPX and MXDPX in my portfolio?

With a correlation of 0.92, MXCPX and MXDPX 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, MXCPX or MXDPX?

MXDPX has higher volatility (1.92%) compared to MXCPX (1.62%). In terms of maximum drawdown, MXCPX dropped -35.02% vs MXDPX's -39.33%.

Which has better risk-adjusted returns?

MXCPX currently has the higher Sharpe Ratio (2.04 vs 1.75), 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.