MXEQX vs. UPDDX

Last updated Jun 5, 2026

MXEQX (Great-West Large Cap Value Fund) and UPDDX (Upright Growth & Income Fund) are both Large Cap Value Equities funds. At a 0.40 correlation, their price movements are largely independent. MXEQX charges 0.96%/yr vs 2.57%/yr for UPDDX.

Performance

MXEQX vs. UPDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Large Cap Value Fund (MXEQX) and Upright Growth & Income Fund (UPDDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

UPDDX

• 1D: -1.24%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MXEQX vs. UPDDX - Yearly Performance Comparison

	2026 (YTD)
MXEQX Great-West Large Cap Value Fund	0.13%
UPDDX Upright Growth & Income Fund	2.39%

Correlation

The correlation between MXEQX and UPDDX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.40

Return for Risk

MXEQX vs. UPDDX — 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

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. UPDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Large Cap Value Fund (MXEQX) and Upright Growth & Income Fund (UPDDX). 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	UPDDX	Difference
Sharpe ratio: Return per unit of total volatility	2.47	—	—
Sortino ratio: Return per unit of downside risk	3.53	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	3.66	—	—
Martin ratio: Return relative to average drawdown	13.92	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MXEQX	UPDDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	15.08	-14.78

Drawdowns

MXEQX vs. UPDDX - Drawdown Comparison

The maximum MXEQX drawdown since its inception was -66.85%, which is greater than UPDDX's maximum drawdown of -1.24%. Use the drawdown chart below to compare losses from any high point for MXEQX and UPDDX.

Drawdown Indicators

	MXEQX	UPDDX	Difference
Max Drawdown Largest peak-to-trough decline	-66.85%	-1.24%	-65.61%
Max Drawdown (1Y) Largest decline over 1 year	-7.03%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.73%	—	—
Current Drawdown Current decline from peak	-0.31%	-1.24%	+0.93%
Average Drawdown Average peak-to-trough decline	-13.29%	-0.39%	-12.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	—	—

Volatility

Volatility by Period

	MXEQX	UPDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.43%	26.35%	-15.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.96%	26.35%	-11.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.72%	26.35%	+11.37%

MXEQX vs. UPDDX - Expense Ratio Comparison

MXEQX has a 0.96% expense ratio, which is lower than UPDDX's 2.57% expense ratio.

Dividends

MXEQX vs. UPDDX - Dividend Comparison

MXEQX's dividend yield for the trailing twelve months is around 1.63%, while UPDDX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
UPDDX Upright Growth & Income Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MXEQX and UPDDX in my portfolio?

MXEQX and UPDDX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.