MXEQX vs. MXDPX

Last updated Jun 5, 2026

MXEQX (Great-West Large Cap Value Fund) and MXDPX (Great-West Moderately Conservative Profile Fund) are both mutual funds - MXEQX is a Large Cap Value Equities fund managed by Great-West, while MXDPX is a Diversified Portfolio fund managed by Great-West. Over the past 10 years, MXEQX returned 19.55%/yr vs 5.30%/yr for MXDPX. Their correlation of 0.80 suggests significant overlap in exposure. MXEQX charges 0.96%/yr vs 0.37%/yr for MXDPX.

Performance

MXEQX vs. MXDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Large Cap Value Fund (MXEQX) 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, MXEQX achieves a 10.47% return, which is significantly higher than MXDPX's 5.01% return. Over the past 10 years, MXEQX has outperformed MXDPX with an annualized return of 19.55%, while MXDPX has yielded a comparatively lower 5.30% annualized return.

MXEQX

• 1D: -0.31%
• 1M: 2.57%
• YTD: 10.47%
• 6M: 12.50%
• 1Y: 24.99%
• 3Y*: 18.40%
• 5Y*: 10.51%
• 10Y*: 19.55%

MXDPX

• 1D: -0.34%
• 1M: 1.03%
• YTD: 5.01%
• 6M: 5.39%
• 1Y: 11.51%
• 3Y*: 9.29%
• 5Y*: 4.08%
• 10Y*: 5.30%

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

MXEQX vs. MXDPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXEQX Great-West Large Cap Value Fund	10.47%	16.92%	15.35%	12.28%	-5.50%	26.96%	2.91%	159.33%	-9.91%	15.41%
MXDPX Great-West Moderately Conservative Profile Fund	5.01%	10.02%	6.17%	10.19%	-11.44%	9.24%	9.30%	14.91%	-5.19%	8.25%

Correlation

The correlation between MXEQX and MXDPX is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Sep 28, 1999	0.80

The correlation between MXEQX and MXDPX has been stable across timeframes, ranging from 0.72 to 0.80 - a consistent structural relationship.

Return for Risk

MXEQX vs. MXDPX — Risk / Return Rank

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

MXEQX

MXEQX Risk / Return Rank: 75
MXEQX Sharpe Ratio Rank: 75
MXEQX Sortino Ratio Rank: 74
MXEQX Omega Ratio Rank: 68
MXEQX Calmar Ratio Rank: 82
MXEQX Martin Ratio Rank: 76

MXDPX

MXDPX Risk / Return Rank: 40
MXDPX Sharpe Ratio Rank: 35
MXDPX Sortino Ratio Rank: 36
MXDPX Omega Ratio Rank: 43
MXDPX Calmar Ratio Rank: 42
MXDPX Martin Ratio Rank: 42

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.

MXEQX vs. MXDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Large Cap Value Fund (MXEQX) 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.

	MXEQX	MXDPX	Difference
Sharpe ratio: Return per unit of total volatility	2.47	1.67	+0.80
Sortino ratio: Return per unit of downside risk	3.53	2.45	+1.09
Omega ratio: Gain probability vs. loss probability	1.45	1.35	+0.10
Calmar ratio: Return relative to maximum drawdown	3.66	2.39	+1.27
Martin ratio: Return relative to average drawdown	13.92	8.78	+5.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXEQX vs. MXDPX - Sharpe Ratio Comparison

The current MXEQX Sharpe Ratio is 2.47, which is higher than the MXDPX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of MXEQX 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

	MXEQX	MXDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	1.67	+0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.45	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.60	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.15	+0.15

Drawdowns

MXEQX vs. MXDPX - Drawdown Comparison

The maximum MXEQX drawdown since its inception was -66.85%, which is greater than MXDPX's maximum drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for MXEQX and MXDPX.

Drawdown Indicators

	MXEQX	MXDPX	Difference
Max Drawdown Largest peak-to-trough decline	-66.85%	-39.33%	-27.52%
Max Drawdown (1Y) Largest decline over 1 year	-7.03%	-4.94%	-2.09%
Max Drawdown (3Y) Largest decline over 3 years	-14.90%	-7.03%	-7.87%
Max Drawdown (5Y) Largest decline over 5 years	-16.81%	-20.55%	+3.74%
Max Drawdown (10Y) Largest decline over 10 years	-37.73%	-20.55%	-17.18%
Current Drawdown Current decline from peak	-0.31%	-0.34%	+0.03%
Average Drawdown Average peak-to-trough decline	-13.29%	-13.94%	+0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	1.34%	+0.49%

Volatility

MXEQX vs. MXDPX - Volatility Comparison

Great-West Large Cap Value Fund (MXEQX) has a higher volatility of 2.47% compared to Great-West Moderately Conservative Profile Fund (MXDPX) at 1.92%. This indicates that MXEQX's price experiences larger fluctuations and is considered to be riskier than MXDPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXEQX	MXDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	1.92%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	7.79%	4.72%	+3.07%
Volatility (1Y) Calculated over the trailing 1-year period	10.43%	7.06%	+3.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.96%	9.05%	+5.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.72%	8.89%	+28.83%

MXEQX vs. MXDPX - Expense Ratio Comparison

MXEQX has a 0.96% expense ratio, which is higher than MXDPX's 0.37% expense ratio.

Dividends

MXEQX vs. MXDPX - Dividend Comparison

MXEQX's dividend yield for the trailing twelve months is around 1.63%, less than MXDPX's 5.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXDPX Great-West Moderately Conservative Profile Fund	5.02%	5.27%	4.86%	5.29%	6.69%	6.84%	2.38%	7.36%	7.84%	2.90%
MXEQX Great-West Large Cap Value Fund	1.63%	1.80%	3.99%	2.17%	0.93%	2.87%	1.72%	2.89%	6.51%	4.13%

Frequently Asked Questions

Can I hold both MXEQX and MXDPX in my portfolio?

MXEQX and MXDPX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MXEQX or MXDPX?

MXEQX has higher volatility (2.47%) compared to MXDPX (1.92%). In terms of maximum drawdown, MXEQX dropped -66.85% vs MXDPX's -39.33%.

Which has better risk-adjusted returns?

MXEQX currently has the higher Sharpe Ratio (2.47 vs 1.67), 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.