MXISX vs. MXVIX
Compare and contrast key facts about Great-West S&P Small Cap 600 Index Fund (MXISX) and Great-West S&P 500 Index Fund (MXVIX).
MXISX is managed by Great-West. It was launched on Dec 1, 1993. MXVIX is managed by Great-West. It was launched on Sep 8, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXISX or MXVIX.
Correlation
The correlation between MXISX and MXVIX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MXISX vs. MXVIX - Performance Comparison
Key characteristics
MXISX:
0.08
MXVIX:
1.81
MXISX:
0.26
MXVIX:
2.41
MXISX:
1.03
MXVIX:
1.34
MXISX:
0.06
MXVIX:
2.79
MXISX:
0.44
MXVIX:
12.11
MXISX:
3.79%
MXVIX:
1.95%
MXISX:
20.73%
MXVIX:
13.05%
MXISX:
-53.77%
MXVIX:
-33.82%
MXISX:
-18.81%
MXVIX:
-3.67%
Returns By Period
In the year-to-date period, MXISX achieves a 3.01% return, which is significantly lower than MXVIX's 23.95% return. Over the past 10 years, MXISX has underperformed MXVIX with an annualized return of 1.42%, while MXVIX has yielded a comparatively higher 12.03% annualized return.
MXISX
3.01%
-11.07%
5.16%
3.01%
2.09%
1.42%
MXVIX
23.95%
-2.18%
7.52%
23.95%
13.89%
12.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MXISX vs. MXVIX - Expense Ratio Comparison
MXISX has a 0.56% expense ratio, which is higher than MXVIX's 0.51% expense ratio.
Risk-Adjusted Performance
MXISX vs. MXVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West S&P Small Cap 600 Index Fund (MXISX) and Great-West S&P 500 Index Fund (MXVIX). 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.
Dividends
MXISX vs. MXVIX - Dividend Comparison
MXISX's dividend yield for the trailing twelve months is around 0.02%, less than MXVIX's 0.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXISX Great-West S&P Small Cap 600 Index Fund | 0.02% | 0.52% | 0.54% | 2.10% | 1.26% | 0.61% | 1.49% | 1.61% | 0.92% | 1.26% | 1.22% | 1.24% |
MXVIX Great-West S&P 500 Index Fund | 0.11% | 0.43% | 0.39% | 0.35% | 0.68% | 0.66% | 0.92% | 0.80% | 0.90% | 1.26% | 1.48% | 1.70% |
Drawdowns
MXISX vs. MXVIX - Drawdown Comparison
The maximum MXISX drawdown since its inception was -53.77%, which is greater than MXVIX's maximum drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for MXISX and MXVIX. For additional features, visit the drawdowns tool.
Volatility
MXISX vs. MXVIX - Volatility Comparison
Great-West S&P Small Cap 600 Index Fund (MXISX) has a higher volatility of 7.15% compared to Great-West S&P 500 Index Fund (MXVIX) at 5.09%. This indicates that MXISX's price experiences larger fluctuations and is considered to be riskier than MXVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.