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 5.30%/yr vs -0.10%/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 5.97% return, which is significantly higher than MXGBX's -2.01% return. Over the past 10 years, MXDPX has outperformed MXGBX with an annualized return of 5.30%, while MXGBX has yielded a comparatively lower -0.10% annualized return.
MXDPX
- 1D
- 0.11%
- 1M
- 0.45%
- 6M
- 4.35%
- YTD
- 5.97%
- 1Y
- 10.66%
- 3Y*
- 9.05%
- 5Y*
- 4.27%
- 10Y*
- 5.30%
MXGBX
- 1D
- 0.00%
- 1M
- -0.87%
- 6M
- -2.01%
- YTD
- -2.01%
- 1Y
- -0.43%
- 3Y*
- 3.13%
- 5Y*
- -1.73%
- 10Y*
- -0.10%
MXDPX vs. MXGBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXDPX Great-West Moderately Conservative Profile Fund | 5.97% | 10.02% | 6.17% | 10.19% | -11.44% | 9.24% | 9.30% | 14.91% | -5.19% | 8.25% |
MXGBX Great-West Global Bond Fund | -2.01% | 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 | 0.36 |
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 | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.00 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | -0.07 | +2.15 |
| Martin ratioReturn relative to average drawdown | 7.61 | -0.22 | +7.83 |
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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% | -34.38% | +34.04% |
Average DrawdownAverage peak-to-trough decline | -13.88% | -20.64% | +6.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 2.03% | -0.68% |
Volatility
MXDPX vs. MXGBX - Volatility Comparison
Great-West Moderately Conservative Profile Fund (MXDPX) has a higher volatility of 2.05% compared to Great-West Global Bond Fund (MXGBX) at 1.20%. 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 | 2.05% | 1.20% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 5.14% | 3.61% | +1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.35% | 9.47% | -2.12% |
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 | 8.87% | 6.47% | +2.40% |
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 4.97%, more than MXGBX's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXDPX Great-West Moderately Conservative Profile Fund | 4.97% | 5.27% | 4.86% | 5.29% | 6.69% | 6.84% | 2.38% | 7.36% | 7.84% | 2.90% |
MXGBX Great-West Global Bond Fund | 3.13% | 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 (2.05%) compared to MXGBX (1.20%). In terms of maximum drawdown, MXDPX dropped -39.33% vs MXGBX's -45.02%.
MXDPX currently has the higher Sharpe Ratio (1.40 vs -0.05), 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.
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