MXGMX vs. PEDIX
MXGMX (Great-West U.S. Government Securities Fund) and PEDIX (PIMCO Extended Duration Fund) are both Government Bonds funds. Over the past 10 years, MXGMX returned 0.64%/yr vs -4.27%/yr for PEDIX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. MXGMX charges 0.60%/yr vs 0.50%/yr for PEDIX.
Performance
MXGMX vs. PEDIX - 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 PEDIX's -5.53% return. Over the past 10 years, MXGMX has outperformed PEDIX with an annualized return of 0.64%, while PEDIX has yielded a comparatively lower -4.27% annualized 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%
PEDIX
- 1D
- -0.17%
- 1M
- -5.94%
- 6M
- -5.80%
- YTD
- -5.53%
- 1Y
- -4.34%
- 3Y*
- -5.13%
- 5Y*
- -12.22%
- 10Y*
- -4.27%
- ALL TIME*
- 3.23%
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. PEDIX - 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% | 1.59% |
PEDIX PIMCO Extended Duration Fund | -5.53% | 3.01% | -12.61% | 2.71% | -40.33% | -5.54% | 24.68% | 18.66% | -4.01% | 13.85% |
Correlation
The correlation between MXGMX and PEDIX is 0.84, 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. | 0.84 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2006 | 0.75 |
The correlation between MXGMX and PEDIX has been stable across timeframes, ranging from 0.75 to 0.84 - a consistent structural relationship.
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Return for Risk
MXGMX vs. PEDIX — Risk / Return Rank
MXGMX
PEDIX
MXGMX vs. PEDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West U.S. Government Securities Fund (MXGMX) and PIMCO Extended Duration Fund (PEDIX). 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 | PEDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.99 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | -0.17 | +1.05 |
| Martin ratioReturn relative to average drawdown | 2.16 | -0.36 | +2.52 |
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Drawdowns
MXGMX vs. PEDIX - Drawdown Comparison
The maximum MXGMX drawdown since its inception was -18.63%, smaller than the maximum PEDIX drawdown of -60.38%. Use the drawdown chart below to compare losses from any high point for MXGMX and PEDIX.
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Drawdown Indicators
| MXGMX | PEDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.63% | -60.38% | +41.75% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -12.59% | +9.50% |
Max Drawdown (3Y)Largest decline over 3 years | -5.47% | -22.63% | +17.16% |
Max Drawdown (5Y)Largest decline over 5 years | -17.09% | -56.15% | +39.06% |
Max Drawdown (10Y)Largest decline over 10 years | -18.63% | -60.38% | +41.75% |
Current DrawdownCurrent decline from peak | -5.13% | -55.62% | +50.49% |
Average DrawdownAverage peak-to-trough decline | -5.31% | -21.45% | +16.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 5.96% | -4.71% |
Volatility
MXGMX vs. PEDIX - Volatility Comparison
The current volatility for Great-West U.S. Government Securities Fund (MXGMX) is 1.00%, while PIMCO Extended Duration Fund (PEDIX) has a volatility of 3.90%. This indicates that MXGMX experiences smaller price fluctuations and is considered to be less risky than PEDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXGMX | PEDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 3.90% | -2.90% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 10.96% | -8.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.73% | 14.69% | -10.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.91% | 22.05% | -16.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.65% | 20.48% | -15.83% |
MXGMX vs. PEDIX - Expense Ratio Comparison
MXGMX has a 0.60% expense ratio, which is higher than PEDIX's 0.50% expense ratio.
Dividends
MXGMX vs. PEDIX - Dividend Comparison
MXGMX's dividend yield for the trailing twelve months is around 2.69%, less than PEDIX's 3.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
PEDIX PIMCO Extended Duration Fund | 3.84% | 3.41% | 1.86% | 4.59% | 3.02% | 27.69% | 22.31% | 2.35% | 3.91% | 4.00% | 8.05% | 4.96% |
Frequently Asked Questions
MXGMX and PEDIX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PEDIX has higher volatility (3.90%) compared to MXGMX (1.00%). In terms of maximum drawdown, MXGMX dropped -18.63% vs PEDIX's -60.38%.
MXGMX currently has the higher Sharpe Ratio (0.73 vs -0.15), 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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