MXFLX vs. URINX

Last updated Jun 23, 2026

MXFLX (Great-West Lifetime 2025 Fund) and URINX (USAA Target Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, MXFLX returned 6.48%/yr vs 5.78%/yr for URINX. Their correlation of 0.84 suggests significant overlap in exposure. MXFLX charges 0.54%/yr vs 0.04%/yr for URINX.

Performance

MXFLX vs. URINX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with MXFLX having a 5.77% return and URINX slightly higher at 5.89%. Over the past 10 years, MXFLX has outperformed URINX with an annualized return of 6.48%, while URINX has yielded a comparatively lower 5.78% 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%

URINX

• 1D: 0.42%
• 1M: 1.31%
• YTD: 5.89%
• 6M: 5.79%
• 1Y: 13.40%
• 3Y*: 10.16%
• 5Y*: 5.22%
• 10Y*: 5.78%

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

MXFLX vs. URINX - 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%
URINX USAA Target Retirement Income Fund	5.89%	12.36%	6.66%	10.79%	-10.38%	6.47%	8.74%	11.72%	-3.00%	8.34%

Correlation

The correlation between MXFLX and URINX is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since May 4, 2009	0.84

The correlation between MXFLX and URINX shifts across timeframes, from 0.80 (10 years) to 0.90 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

MXFLX vs. URINX — Risk / Return Rank

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

MXFLX

MXFLX Risk / Return Rank: 47
MXFLX Sharpe Ratio Rank: 43
MXFLX Sortino Ratio Rank: 45
MXFLX Omega Ratio Rank: 48
MXFLX Calmar Ratio Rank: 46
MXFLX Martin Ratio Rank: 53

URINX

URINX Risk / Return Rank: 81
URINX Sharpe Ratio Rank: 79
URINX Sortino Ratio Rank: 81
URINX Omega Ratio Rank: 79
URINX Calmar Ratio Rank: 80
URINX Martin Ratio Rank: 84

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. URINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2025 Fund (MXFLX) and USAA Target Retirement Income Fund (URINX). 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	URINX	Difference
Sharpe ratio: Return per unit of total volatility	1.79	2.41	-0.61
Sortino ratio: Return per unit of downside risk	2.59	3.54	-0.95
Omega ratio: Gain probability vs. loss probability	1.35	1.47	-0.12
Calmar ratio: Return relative to maximum drawdown	2.46	3.41	-0.95
Martin ratio: Return relative to average drawdown	10.19	14.55	-4.36

MXFLX vs. URINX - Sharpe Ratio Comparison

The current MXFLX Sharpe Ratio is 1.79, which is comparable to the URINX Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of MXFLX and URINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MXFLX vs. URINX - Drawdown Comparison

The maximum MXFLX drawdown since its inception was -28.46%, which is greater than URINX's maximum drawdown of -15.27%. Use the drawdown chart below to compare losses from any high point for MXFLX and URINX.

Drawdown Indicators

	MXFLX	URINX	Difference
Max Drawdown Largest peak-to-trough decline	-28.46%	-15.27%	-13.19%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-3.92%	-1.67%
Max Drawdown (3Y) Largest decline over 3 years	-8.29%	-4.84%	-3.45%
Max Drawdown (5Y) Largest decline over 5 years	-23.50%	-15.27%	-8.23%
Max Drawdown (10Y) Largest decline over 10 years	-23.50%	-15.27%	-8.23%
Current Drawdown Current decline from peak	-0.32%	-0.38%	+0.06%
Average Drawdown Average peak-to-trough decline	-7.14%	-1.91%	-5.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.35%	0.92%	+0.43%

Volatility

MXFLX vs. URINX - Volatility Comparison

Great-West Lifetime 2025 Fund (MXFLX) has a higher volatility of 2.71% compared to USAA Target Retirement Income Fund (URINX) at 2.45%. This indicates that MXFLX's price experiences larger fluctuations and is considered to be riskier than URINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXFLX	URINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	2.45%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	5.81%	4.70%	+1.11%
Volatility (1Y) Calculated over the trailing 1-year period	7.67%	5.55%	+2.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.08%	6.35%	+3.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.36%	5.88%	+4.48%

MXFLX vs. URINX - Expense Ratio Comparison

MXFLX has a 0.54% expense ratio, which is higher than URINX's 0.04% expense ratio.

Dividends

MXFLX vs. URINX - Dividend Comparison

MXFLX's dividend yield for the trailing twelve months is around 3.74%, less than URINX's 5.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
URINX USAA Target Retirement Income Fund	5.82%	6.07%	4.22%	3.48%	6.63%	6.66%	3.97%	6.37%	6.11%	5.68%	3.34%	4.54%

Frequently Asked Questions

Can I hold both MXFLX and URINX in my portfolio?

With a correlation of 0.90, MXFLX and URINX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MXFLX or URINX?

MXFLX has higher volatility (2.71%) compared to URINX (2.45%). In terms of maximum drawdown, MXFLX dropped -28.46% vs URINX's -15.27%.

Which has better risk-adjusted returns?

URINX currently has the higher Sharpe Ratio (2.41 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.