MXDPX vs. MXGBX
MXDPX (Great-West Moderately Conservative Profile Fund) and MXGBX (Great-West Global Bond Fund) are both mutual funds - MXDPX is a Diversified Portfolio fund managed by Great-West, while MXGBX is a Global Bonds fund managed by Great-West. Over the past 10 years, MXDPX returned 5.38%/yr vs 0.05%/yr for MXGBX. At a 0.35 correlation, their price movements are largely independent. MXDPX charges 0.37%/yr vs 1.00%/yr for MXGBX.
Performance
MXDPX vs. MXGBX - Performance Comparison
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Returns By Period
In the year-to-date period, MXDPX achieves a 5.73% return, which is significantly higher than MXGBX's -1.58% return. Over the past 10 years, MXDPX has outperformed MXGBX with an annualized return of 5.38%, while MXGBX has yielded a comparatively lower 0.05% annualized return.
MXDPX
- 1D
- 0.34%
- 1M
- 1.14%
- YTD
- 5.73%
- 6M
- 5.49%
- 1Y
- 12.40%
- 3Y*
- 9.03%
- 5Y*
- 4.51%
- 10Y*
- 5.38%
MXGBX
- 1D
- -0.15%
- 1M
- 0.00%
- YTD
- -1.58%
- 6M
- -1.19%
- 1Y
- 0.72%
- 3Y*
- 2.81%
- 5Y*
- -1.66%
- 10Y*
- 0.05%
MXDPX vs. MXGBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXDPX Great-West Moderately Conservative Profile Fund | 5.73% | 10.02% | 6.17% | 10.19% | -11.44% | 9.24% | 9.30% | 14.91% | -5.19% | 8.25% |
MXGBX Great-West Global Bond Fund | -1.58% | 7.54% | -0.88% | 5.13% | -14.65% | -6.57% | 5.46% | 4.08% | -0.27% | 0.14% |
Correlation
The correlation between MXDPX and MXGBX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 1999 | 0.35 |
Over the past year, MXDPX and MXGBX have become more correlated (0.55) than their long-term average of 0.35, meaning their price movements have been converging.
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Return for Risk
MXDPX vs. MXGBX — Risk / Return Rank
MXDPX
MXGBX
MXDPX vs. MXGBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Moderately Conservative Profile Fund (MXDPX) and Great-West Global Bond Fund (MXGBX). 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.
| MXDPX | MXGBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.03 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | 0.11 | +2.38 |
| Martin ratioReturn relative to average drawdown | 9.11 | 0.40 | +8.71 |
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Drawdowns
MXDPX vs. MXGBX - Drawdown Comparison
The maximum MXDPX drawdown since its inception was -39.33%, smaller than the maximum MXGBX drawdown of -45.02%. Use the drawdown chart below to compare losses from any high point for MXDPX and MXGBX.
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Drawdown Indicators
| MXDPX | MXGBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.33% | -45.02% | +5.69% |
Max Drawdown (1Y)Largest decline over 1 year | -4.94% | -6.80% | +1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -7.03% | -7.25% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -20.55% | -24.16% | +3.61% |
Max Drawdown (10Y)Largest decline over 10 years | -20.55% | -26.80% | +6.25% |
Current DrawdownCurrent decline from peak | -0.34% | -34.09% | +33.75% |
Average DrawdownAverage peak-to-trough decline | -13.91% | -20.61% | +6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 1.85% | -0.50% |
Volatility
MXDPX vs. MXGBX - Volatility Comparison
Great-West Moderately Conservative Profile Fund (MXDPX) has a higher volatility of 2.39% compared to Great-West Global Bond Fund (MXGBX) at 1.45%. This indicates that MXDPX's price experiences larger fluctuations and is considered to be riskier than MXGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXDPX | MXGBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.39% | 1.45% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 5.09% | 3.56% | +1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.32% | 9.52% | -2.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.09% | 7.39% | +1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.91% | 6.61% | +2.30% |
MXDPX vs. MXGBX - Expense Ratio Comparison
MXDPX has a 0.37% expense ratio, which is lower than MXGBX's 1.00% expense ratio.
Dividends
MXDPX vs. MXGBX - Dividend Comparison
MXDPX's dividend yield for the trailing twelve months is around 4.99%, more than MXGBX's 3.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXDPX Great-West Moderately Conservative Profile Fund | 4.99% | 5.27% | 4.86% | 5.29% | 6.69% | 6.84% | 2.38% | 7.36% | 7.84% | 2.90% |
MXGBX Great-West Global Bond Fund | 3.12% | 3.07% | 2.69% | 0.84% | 1.28% | 0.07% | 1.05% | 3.82% | 3.04% | 0.14% |
Frequently Asked Questions
MXDPX and MXGBX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXDPX has higher volatility (2.39%) compared to MXGBX (1.45%). In terms of maximum drawdown, MXDPX dropped -39.33% vs MXGBX's -45.02%.
MXDPX currently has the higher Sharpe Ratio (1.68 vs 0.08), 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.
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