MXCPX vs. MXEGX

Last updated Jul 14, 2026

MXCPX (Great-West Conservative Profile Fund) and MXEGX (Great-West Core Strategies: Inflation-Protected Securities Fund) are both mutual funds - MXCPX is a Diversified Portfolio fund managed by Great-West, while MXEGX is a Inflation-Protected Bonds fund managed by Great-West. Over the past 5 years, MXCPX returned 3.13%/yr vs 1.89%/yr for MXEGX. At a 0.23 correlation, their price movements are largely independent. MXCPX charges 0.37%/yr vs 0.35%/yr for MXEGX.

Performance

MXCPX vs. MXEGX - Performance Comparison

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

Returns By Period

In the year-to-date period, MXCPX achieves a 4.25% return, which is significantly higher than MXEGX's 1.10% return.

MXCPX

• 1D: 0.00%
• 1M: 0.25%
• 6M: 3.19%
• YTD: 4.25%
• 1Y: 8.12%
• 3Y*: 7.32%
• 5Y*: 3.13%
• 10Y*: 3.95%

MXEGX

• 1D: 0.00%
• 1M: -0.22%
• 6M: 0.83%
• YTD: 1.10%
• 1Y: 3.26%
• 3Y*: 4.82%
• 5Y*: 1.89%
• 10Y*: —

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

MXCPX vs. MXEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
MXCPX Great-West Conservative Profile Fund	4.25%	8.19%	4.95%	8.41%	-10.33%	6.35%	8.07%	11.40%	-4.07%
MXEGX Great-West Core Strategies: Inflation-Protected Securities Fund	1.10%	7.07%	2.89%	4.67%	-36.83%	53.07%	8.60%	7.57%	-0.42%

Correlation

The correlation between MXCPX and MXEGX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Jun 25, 2018	0.23

The correlation between MXCPX and MXEGX shifts across timeframes, from 0.23 (all time) to 0.37 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

MXCPX vs. MXEGX — Risk / Return Rank

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

MXCPX

MXCPX Risk / Return Rank: 54
MXCPX Sharpe Ratio Rank: 54
MXCPX Sortino Ratio Rank: 60
MXCPX Omega Ratio Rank: 59
MXCPX Calmar Ratio Rank: 44
MXCPX Martin Ratio Rank: 53

MXEGX

MXEGX Risk / Return Rank: 32
MXEGX Sharpe Ratio Rank: 25
MXEGX Sortino Ratio Rank: 26
MXEGX Omega Ratio Rank: 35
MXEGX Calmar Ratio Rank: 37
MXEGX Martin Ratio Rank: 36

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. MXEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Conservative Profile Fund (MXCPX) and Great-West Core Strategies: Inflation-Protected Securities Fund (MXEGX). 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.

	MXCPX	MXEGX	Difference
Sharpe ratio: Return per unit of total volatility	1.65	1.05	+0.60
Sortino ratio: Return per unit of downside risk	2.45	1.59	+0.86
Omega ratio: Gain probability vs. loss probability	1.32	1.24	+0.08
Calmar ratio: Return relative to maximum drawdown	2.03	1.83	+0.20
Martin ratio: Return relative to average drawdown	8.52	6.34	+2.18

MXCPX vs. MXEGX - Sharpe Ratio Comparison

The current MXCPX Sharpe Ratio is 1.65, which is higher than the MXEGX Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of MXCPX and MXEGX, 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

MXCPX vs. MXEGX - Drawdown Comparison

The maximum MXCPX drawdown since its inception was -35.02%, smaller than the maximum MXEGX drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for MXCPX and MXEGX.

Drawdown Indicators

	MXCPX	MXEGX	Difference
Max Drawdown Largest peak-to-trough decline	-35.02%	-38.48%	+3.46%
Max Drawdown (1Y) Largest decline over 1 year	-3.88%	-1.83%	-2.05%
Max Drawdown (3Y) Largest decline over 3 years	-5.57%	-2.88%	-2.69%
Max Drawdown (5Y) Largest decline over 5 years	-17.81%	-38.48%	+20.67%
Max Drawdown (10Y) Largest decline over 10 years	-17.81%	—	—
Current Drawdown Current decline from peak	-0.37%	-26.36%	+25.99%
Average Drawdown Average peak-to-trough decline	-12.48%	-18.22%	+5.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	0.52%	+0.40%

Volatility

MXCPX vs. MXEGX - Volatility Comparison

Great-West Conservative Profile Fund (MXCPX) has a higher volatility of 1.37% compared to Great-West Core Strategies: Inflation-Protected Securities Fund (MXEGX) at 1.00%. This indicates that MXCPX's price experiences larger fluctuations and is considered to be riskier than MXEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXCPX	MXEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	1.00%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	3.92%	2.40%	+1.52%
Volatility (1Y) Calculated over the trailing 1-year period	4.77%	3.18%	+1.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.75%	25.68%	-18.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.50%	20.31%	-13.81%

MXCPX vs. MXEGX - Expense Ratio Comparison

MXCPX has a 0.37% expense ratio, which is higher than MXEGX's 0.35% expense ratio.

Dividends

MXCPX vs. MXEGX - Dividend Comparison

MXCPX's dividend yield for the trailing twelve months is around 3.31%, less than MXEGX's 3.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXCPX Great-West Conservative Profile Fund	3.31%	3.45%	4.53%	4.17%	5.70%	5.20%	2.46%	5.62%	5.53%	2.70%
MXEGX Great-West Core Strategies: Inflation-Protected Securities Fund	3.51%	3.64%	4.26%	2.08%	34.57%	31.60%	53.76%	3.96%	0.38%	0.00%

Frequently Asked Questions

Can I hold both MXCPX and MXEGX in my portfolio?

MXCPX and MXEGX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MXCPX or MXEGX?

MXCPX has higher volatility (1.37%) compared to MXEGX (1.00%). In terms of maximum drawdown, MXCPX dropped -35.02% vs MXEGX's -38.48%.

Which has better risk-adjusted returns?

MXCPX currently has the higher Sharpe Ratio (1.65 vs 1.05), 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.