MXFLX vs. FIRQX

Last updated Jul 17, 2026

MXFLX (Great-West Lifetime 2025 Fund) and FIRQX (Fidelity Managed Retirement 2010 Fund) are both Target Retirement Date funds. Their correlation of 0.85 suggests significant overlap in exposure. MXFLX charges 0.54%/yr vs 0.46%/yr for FIRQX.

Performance

MXFLX vs. FIRQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Lifetime 2025 Fund (MXFLX) and Fidelity Managed Retirement 2010 Fund (FIRQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MXFLX

• 1D: 0.19%
• 1M: -0.00%
• 6M: 4.28%
• YTD: 5.91%
• 1Y: 11.73%
• 3Y*: 9.56%
• 5Y*: 4.65%
• 10Y*: 6.30%

FIRQX

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

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

MXFLX vs. FIRQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXFLX Great-West Lifetime 2025 Fund	5.91%	11.57%	7.09%	11.99%	-14.12%	10.22%	11.94%	18.42%	-6.57%	11.28%
FIRQX Fidelity Managed Retirement 2010 Fund	3.60%	9.97%	4.48%	8.52%	-12.39%	3.82%	9.59%	12.62%	-2.83%	10.63%

Correlation

The correlation between MXFLX and FIRQX is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.78
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 May 4, 2009	0.85

The correlation between MXFLX and FIRQX shifts across timeframes, from 0.73 (10 years) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MXFLX vs. FIRQX — Risk / Return Rank

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

MXFLX

MXFLX Risk / Return Rank: 46
MXFLX Sharpe Ratio Rank: 43
MXFLX Sortino Ratio Rank: 45
MXFLX Omega Ratio Rank: 47
MXFLX Calmar Ratio Rank: 44
MXFLX Martin Ratio Rank: 52

FIRQX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MXFLX vs. FIRQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2025 Fund (MXFLX) and Fidelity Managed Retirement 2010 Fund (FIRQX). 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	FIRQX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	—	—
Sortino ratio: Return per unit of downside risk	2.27	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.16	—	—
Martin ratio: Return relative to average drawdown	8.91	—	—

Drawdowns

Drawdown Indicators

	MXFLX	FIRQX	Difference
Max Drawdown Largest peak-to-trough decline	-28.46%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.50%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.50%	—	—
Current Drawdown Current decline from peak	-0.38%	—	—
Average Drawdown Average peak-to-trough decline	-7.11%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	—	—

Volatility

Volatility by Period

	MXFLX	FIRQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.72%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.08%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.29%	—	—

MXFLX vs. FIRQX - Expense Ratio Comparison

MXFLX has a 0.54% expense ratio, which is higher than FIRQX's 0.46% expense ratio.

Dividends

MXFLX vs. FIRQX - Dividend Comparison

MXFLX's dividend yield for the trailing twelve months is around 3.73%, more than FIRQX's 3.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIRQX Fidelity Managed Retirement 2010 Fund	3.17%	3.14%	2.95%	2.75%	5.01%	6.00%	3.50%	3.15%	5.59%	16.31%	2.43%	4.08%
MXFLX Great-West Lifetime 2025 Fund	3.73%	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

Can I hold both MXFLX and FIRQX in my portfolio?

MXFLX and FIRQX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.