MXFLX vs. FFGZX
MXFLX (Great-West Lifetime 2025 Fund) and FFGZX (Fidelity Freedom Index Income Fund Institutional Premium Class) are both Target Retirement Date funds. Over the past 10 years, MXFLX returned 6.48%/yr vs 4.26%/yr for FFGZX. A 0.69 correlation means they provide meaningful diversification when combined. MXFLX charges 0.54%/yr vs 0.08%/yr for FFGZX.
Performance
MXFLX vs. FFGZX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MXFLX achieves a 5.77% return, which is significantly higher than FFGZX's 3.98% return. Over the past 10 years, MXFLX has outperformed FFGZX with an annualized return of 6.48%, while FFGZX has yielded a comparatively lower 4.26% annualized return.
MXFLX
- 1D
- 0.52%
- 1M
- 1.04%
- YTD
- 5.77%
- 6M
- 5.57%
- 1Y
- 13.86%
- 3Y*
- 9.95%
- 5Y*
- 4.83%
- 10Y*
- 6.48%
FFGZX
- 1D
- 0.47%
- 1M
- 0.81%
- YTD
- 3.98%
- 6M
- 4.04%
- 1Y
- 9.64%
- 3Y*
- 7.32%
- 5Y*
- 3.15%
- 10Y*
- 4.26%
MXFLX vs. FFGZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXFLX Great-West Lifetime 2025 Fund | 5.77% | 11.57% | 7.09% | 11.99% | -14.12% | 10.22% | 11.94% | 18.42% | -6.57% | 11.28% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 3.98% | 9.13% | 5.02% | 8.32% | -11.07% | 2.85% | 8.59% | 10.68% | -0.80% | 6.73% |
Correlation
The correlation between MXFLX and FFGZX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2015 | 0.69 |
The correlation between MXFLX and FFGZX shifts across timeframes, from 0.66 (10 years) to 0.83 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MXFLX vs. FFGZX — Risk / Return Rank
MXFLX
FFGZX
MXFLX vs. FFGZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2025 Fund (MXFLX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX). 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.
| MXFLX | FFGZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.45 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 2.91 | -0.45 |
| Martin ratioReturn relative to average drawdown | 10.19 | 12.65 | -2.46 |
Loading charts...
Drawdowns
MXFLX vs. FFGZX - Drawdown Comparison
The maximum MXFLX drawdown since its inception was -28.46%, which is greater than FFGZX's maximum drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for MXFLX and FFGZX.
Loading charts...
Drawdown Indicators
| MXFLX | FFGZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.46% | -14.94% | -13.52% |
Max Drawdown (1Y)Largest decline over 1 year | -5.59% | -3.33% | -2.26% |
Max Drawdown (3Y)Largest decline over 3 years | -8.29% | -4.76% | -3.53% |
Max Drawdown (5Y)Largest decline over 5 years | -23.50% | -14.94% | -8.56% |
Max Drawdown (10Y)Largest decline over 10 years | -23.50% | -14.94% | -8.56% |
Current DrawdownCurrent decline from peak | -0.32% | -0.29% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -7.14% | -2.26% | -4.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 0.76% | +0.59% |
Volatility
MXFLX vs. FFGZX - Volatility Comparison
Great-West Lifetime 2025 Fund (MXFLX) has a higher volatility of 2.71% compared to Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) at 1.92%. This indicates that MXFLX's price experiences larger fluctuations and is considered to be riskier than FFGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MXFLX | FFGZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 1.92% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 5.81% | 3.69% | +2.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.67% | 4.31% | +3.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.08% | 5.14% | +4.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.36% | 4.46% | +5.90% |
MXFLX vs. FFGZX - Expense Ratio Comparison
MXFLX has a 0.54% expense ratio, which is higher than FFGZX's 0.08% expense ratio.
Dividends
MXFLX vs. FFGZX - Dividend Comparison
MXFLX's dividend yield for the trailing twelve months is around 3.74%, more than FFGZX's 3.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 3.22% | 3.30% | 3.18% | 2.88% | 3.11% | 2.10% | 2.22% | 7.35% | 3.00% | 1.95% | 1.56% | 1.06% |
MXFLX Great-West Lifetime 2025 Fund | 3.74% | 3.95% | 4.67% | 4.22% | 7.28% | 8.85% | 4.06% | 7.19% | 7.82% | 2.97% | 0.00% | 0.00% |
Frequently Asked Questions
MXFLX and FFGZX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXFLX has higher volatility (2.71%) compared to FFGZX (1.92%). In terms of maximum drawdown, MXFLX dropped -28.46% vs FFGZX's -14.94%.
FFGZX currently has the higher Sharpe Ratio (2.25 vs 1.79), 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.
Find the right allocation for MXFLX and FFGZX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer