MXGMX vs. FUAMX
MXGMX (Great-West U.S. Government Securities Fund) and FUAMX (Fidelity Intermediate Treasury Bond Index Fund) are both Government Bonds funds. Over the past 5 years, MXGMX returned -0.63%/yr vs -0.99%/yr for FUAMX. Their correlation of 0.89 means they have usually moved in the same direction. MXGMX charges 0.60%/yr vs 0.03%/yr for FUAMX.
Performance
MXGMX vs. FUAMX - Performance Comparison
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Returns By Period
In the year-to-date period, MXGMX achieves a -0.54% return, which is significantly higher than FUAMX's -1.10% return.
MXGMX
- 1D
- 0.00%
- 1M
- -0.81%
- 6M
- -0.81%
- YTD
- -0.54%
- 1Y
- 2.67%
- 3Y*
- 3.18%
- 5Y*
- -0.63%
- 10Y*
- 0.64%
- ALL TIME*
- 0.25%
FUAMX
- 1D
- 0.10%
- 1M
- -1.03%
- 6M
- -0.99%
- YTD
- -1.10%
- 1Y
- 0.87%
- 3Y*
- 3.28%
- 5Y*
- -0.99%
- 10Y*
- —
- ALL TIME*
- 1.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MXGMX vs. FUAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXGMX Great-West U.S. Government Securities Fund | -0.54% | 6.60% | 0.75% | 4.44% | -12.09% | -2.15% | 5.87% | 6.12% | 0.63% | -0.02% |
FUAMX Fidelity Intermediate Treasury Bond Index Fund | -1.10% | 8.00% | 0.40% | 4.07% | -13.06% | -3.19% | 8.86% | 7.25% | 1.25% | -0.35% |
Correlation
The correlation between MXGMX and FUAMX is 0.88, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.88 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2017 | 0.89 |
The correlation between MXGMX and FUAMX has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.
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Return for Risk
MXGMX vs. FUAMX — Risk / Return Rank
MXGMX
FUAMX
MXGMX vs. FUAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West U.S. Government Securities Fund (MXGMX) and Fidelity Intermediate Treasury Bond Index Fund (FUAMX). 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.
| MXGMX | FUAMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.10 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 0.62 | +0.26 |
| Martin ratioReturn relative to average drawdown | 2.16 | 1.43 | +0.73 |
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Drawdowns
MXGMX vs. FUAMX - Drawdown Comparison
The maximum MXGMX drawdown since its inception was -18.63%, smaller than the maximum FUAMX drawdown of -20.25%. Use the drawdown chart below to compare losses from any high point for MXGMX and FUAMX.
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Drawdown Indicators
| MXGMX | FUAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.63% | -20.25% | +1.62% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -3.72% | +0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -5.47% | -5.83% | +0.36% |
Max Drawdown (5Y)Largest decline over 5 years | -17.09% | -18.27% | +1.18% |
Max Drawdown (10Y)Largest decline over 10 years | -18.63% | — | — |
Current DrawdownCurrent decline from peak | -5.13% | -7.47% | +2.34% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -7.31% | +2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 1.62% | -0.37% |
Volatility
MXGMX vs. FUAMX - Volatility Comparison
Great-West U.S. Government Securities Fund (MXGMX) and Fidelity Intermediate Treasury Bond Index Fund (FUAMX) have volatilities of 1.00% and 1.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXGMX | FUAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 1.04% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 3.30% | -0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.73% | 4.22% | -0.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 6.63% | -0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.65% | 5.82% | -1.17% |
MXGMX vs. FUAMX - Expense Ratio Comparison
MXGMX has a 0.60% expense ratio, which is higher than FUAMX's 0.03% expense ratio.
Dividends
MXGMX vs. FUAMX - Dividend Comparison
MXGMX's dividend yield for the trailing twelve months is around 2.69%, less than FUAMX's 3.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FUAMX Fidelity Intermediate Treasury Bond Index Fund | 3.53% | 3.52% | 3.58% | 2.19% | 1.24% | 1.76% | 2.90% | 2.16% | 2.23% | 0.49% |
MXGMX Great-West U.S. Government Securities Fund | 2.69% | 2.67% | 2.73% | 2.37% | 1.48% | 2.21% | 0.94% | 1.53% | 1.88% | 0.90% |
Frequently Asked Questions
MXGMX and FUAMX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FUAMX has higher volatility (1.04%) compared to MXGMX (1.00%). In terms of maximum drawdown, MXGMX dropped -18.63% vs FUAMX's -20.25%.
MXGMX currently has the higher Sharpe Ratio (0.73 vs 0.55), 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.
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