MXEDX vs. MXCPX
MXEDX (Great-West Core Strategies: Flexible Bond Fund) and MXCPX (Great-West Conservative Profile Fund) are both mutual funds - MXEDX is a Intermediate Core-Plus Bond fund managed by Great-West, while MXCPX is a Diversified Portfolio fund managed by Great-West. Over the past 5 years, MXEDX returned 0.51%/yr vs 3.06%/yr for MXCPX. Their 0.37 correlation means their historical movements had little consistent relationship. MXEDX charges 0.45%/yr vs 0.37%/yr for MXCPX.
Performance
MXEDX vs. MXCPX - Performance Comparison
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Returns By Period
In the year-to-date period, MXEDX achieves a -0.38% return, which is significantly lower than MXCPX's 4.25% return.
MXEDX
- 1D
- 0.10%
- 1M
- -0.80%
- 6M
- -0.77%
- YTD
- -0.38%
- 1Y
- 3.14%
- 3Y*
- 4.91%
- 5Y*
- 0.51%
- 10Y*
- —
- ALL TIME*
- 2.24%
MXCPX
- 1D
- 0.37%
- 1M
- -0.12%
- 6M
- 2.93%
- YTD
- 4.25%
- 1Y
- 8.26%
- 3Y*
- 6.83%
- 5Y*
- 3.06%
- 10Y*
- 3.91%
- ALL TIME*
- 0.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MXEDX vs. MXCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MXEDX Great-West Core Strategies: Flexible Bond Fund | -0.38% | 7.97% | 3.28% | 6.36% | -12.25% | -1.32% | 9.47% | 8.10% | -1.50% |
MXCPX Great-West Conservative Profile Fund | 4.25% | 8.19% | 4.95% | 8.41% | -10.33% | 6.35% | 8.07% | 11.40% | -5.04% |
Correlation
The correlation between MXEDX and MXCPX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.54 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2018 | 0.37 |
Over the past year, MXEDX and MXCPX have become more correlated (0.60) than their long-term average of 0.37, meaning their price movements have been converging.
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Return for Risk
MXEDX vs. MXCPX — Risk / Return Rank
MXEDX
MXCPX
MXEDX vs. MXCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Core Strategies: Flexible Bond Fund (MXEDX) and Great-West Conservative Profile Fund (MXCPX). 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.
| MXEDX | MXCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.32 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 2.03 | -0.94 |
| Martin ratioReturn relative to average drawdown | 2.63 | 8.50 | -5.87 |
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Drawdowns
MXEDX vs. MXCPX - Drawdown Comparison
The maximum MXEDX drawdown since its inception was -16.76%, smaller than the maximum MXCPX drawdown of -35.02%. Use the drawdown chart below to compare losses from any high point for MXEDX and MXCPX.
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Drawdown Indicators
| MXEDX | MXCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.76% | -35.02% | +18.26% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -3.88% | +0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -5.07% | -4.80% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -16.56% | -17.81% | +1.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.81% | — |
Current DrawdownCurrent decline from peak | -2.31% | -0.37% | -1.94% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -12.46% | +8.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 0.93% | +0.27% |
Volatility
MXEDX vs. MXCPX - Volatility Comparison
The current volatility for Great-West Core Strategies: Flexible Bond Fund (MXEDX) is 0.86%, while Great-West Conservative Profile Fund (MXCPX) has a volatility of 1.07%. This indicates that MXEDX experiences smaller price fluctuations and is considered to be less risky than MXCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXEDX | MXCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.86% | 1.07% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 2.80% | 3.92% | -1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.42% | 4.76% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.45% | 6.74% | -1.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 6.50% | -1.77% |
MXEDX vs. MXCPX - Expense Ratio Comparison
MXEDX has a 0.45% expense ratio, which is higher than MXCPX's 0.37% expense ratio.
Dividends
MXEDX vs. MXCPX - Dividend Comparison
MXEDX's dividend yield for the trailing twelve months is around 4.30%, more than MXCPX's 3.31% 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% |
MXEDX Great-West Core Strategies: Flexible Bond Fund | 4.30% | 3.97% | 4.60% | 3.39% | 1.85% | 0.46% | 0.01% | 2.95% | 0.00% | 0.00% |
Frequently Asked Questions
MXEDX and MXCPX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXCPX has higher volatility (1.07%) compared to MXEDX (0.86%). In terms of maximum drawdown, MXEDX dropped -16.76% vs MXCPX's -35.02%.
MXCPX currently has the higher Sharpe Ratio (1.66 vs 0.93), 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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