MXINX vs. MXBGX
MXINX (Great-West International Index Fund) and MXBGX (Great-West Lifetime 2040 Fund) are both mutual funds - MXINX is a Foreign Large Cap Equities fund managed by Great-West, while MXBGX is a Target Retirement Date fund managed by Great-West. Over the past 10 years, MXINX returned 9.20%/yr vs 9.77%/yr for MXBGX. A 0.74 correlation means they provide meaningful diversification when combined. MXINX charges 0.65%/yr vs 0.11%/yr for MXBGX.
Performance
MXINX vs. MXBGX - Performance Comparison
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Returns By Period
In the year-to-date period, MXINX achieves a 8.38% return, which is significantly higher than MXBGX's 7.94% return. Over the past 10 years, MXINX has underperformed MXBGX with an annualized return of 9.20%, while MXBGX has yielded a comparatively higher 9.77% annualized return.
MXINX
- 1D
- -2.12%
- 1M
- 0.00%
- YTD
- 8.38%
- 6M
- 7.97%
- 1Y
- 20.06%
- 3Y*
- 16.17%
- 5Y*
- 8.03%
- 10Y*
- 9.20%
MXBGX
- 1D
- -1.31%
- 1M
- 0.31%
- YTD
- 7.94%
- 6M
- 7.13%
- 1Y
- 18.87%
- 3Y*
- 14.21%
- 5Y*
- 7.02%
- 10Y*
- 9.77%
MXINX vs. MXBGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXINX Great-West International Index Fund | 8.38% | 30.90% | 2.92% | 17.56% | -14.75% | 10.32% | 7.97% | 21.26% | -13.93% | 24.73% |
MXBGX Great-West Lifetime 2040 Fund | 7.94% | 16.19% | 10.17% | 16.47% | -15.90% | 15.69% | 13.61% | 25.22% | -9.48% | 18.42% |
Correlation
The correlation between MXINX and MXBGX is 0.81, 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 | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 4, 2016 | 0.74 |
The correlation between MXINX and MXBGX has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.
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Return for Risk
MXINX vs. MXBGX — Risk / Return Rank
MXINX
MXBGX
MXINX vs. MXBGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West International Index Fund (MXINX) and Great-West Lifetime 2040 Fund (MXBGX). 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.
| MXINX | MXBGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.31 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 2.38 | -0.41 |
| Martin ratioReturn relative to average drawdown | 7.31 | 9.82 | -2.52 |
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Drawdowns
MXINX vs. MXBGX - Drawdown Comparison
The maximum MXINX drawdown since its inception was -34.59%, which is greater than MXBGX's maximum drawdown of -30.12%. Use the drawdown chart below to compare losses from any high point for MXINX and MXBGX.
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Drawdown Indicators
| MXINX | MXBGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.59% | -30.12% | -4.47% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -7.98% | -3.45% |
Max Drawdown (3Y)Largest decline over 3 years | -13.70% | -13.05% | -0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -29.75% | -28.13% | -1.62% |
Max Drawdown (10Y)Largest decline over 10 years | -34.59% | -30.12% | -4.47% |
Current DrawdownCurrent decline from peak | -2.12% | -1.54% | -0.58% |
Average DrawdownAverage peak-to-trough decline | -8.56% | -5.58% | -2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 1.92% | +1.11% |
Volatility
MXINX vs. MXBGX - Volatility Comparison
Great-West International Index Fund (MXINX) has a higher volatility of 5.21% compared to Great-West Lifetime 2040 Fund (MXBGX) at 4.14%. This indicates that MXINX's price experiences larger fluctuations and is considered to be riskier than MXBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXINX | MXBGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 4.14% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.15% | 8.70% | +4.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.97% | 11.46% | +4.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.90% | 14.50% | +2.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.77% | 15.08% | +1.69% |
MXINX vs. MXBGX - Expense Ratio Comparison
MXINX has a 0.65% expense ratio, which is higher than MXBGX's 0.11% expense ratio.
Dividends
MXINX vs. MXBGX - Dividend Comparison
MXINX's dividend yield for the trailing twelve months is around 3.08%, less than MXBGX's 4.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXBGX Great-West Lifetime 2040 Fund | 4.65% | 5.02% | 6.86% | 5.77% | 11.05% | 10.66% | 6.43% | 9.53% | 7.86% | 5.21% |
MXINX Great-West International Index Fund | 3.08% | 3.34% | 2.20% | 4.38% | 1.80% | 5.73% | 2.45% | 2.64% | 3.55% | 2.63% |
Frequently Asked Questions
MXINX and MXBGX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXINX has higher volatility (5.21%) compared to MXBGX (4.14%). In terms of maximum drawdown, MXINX dropped -34.59% vs MXBGX's -30.12%.
MXBGX currently has the higher Sharpe Ratio (1.66 vs 1.40), 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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