MXISX vs. SHSAX
Compare and contrast key facts about Great-West S&P Small Cap 600 Index Fund (MXISX) and BlackRock Health Sciences Opportunities Portfolio (SHSAX).
MXISX is managed by Great-West. It was launched on Dec 1, 1993. SHSAX is managed by Blackrock. It was launched on Dec 20, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXISX or SHSAX.
Key characteristics
| MXISX | SHSAX | |
|---|---|---|
| YTD Return | 14.18% | 9.04% |
| 1Y Return | 34.95% | 16.38% |
| 3Y Return (Ann) | -3.38% | -2.80% |
| 5Y Return (Ann) | 3.85% | 3.04% |
| 10Y Return (Ann) | 2.13% | 3.53% |
| Sharpe Ratio | 1.58 | 1.17 |
| Sortino Ratio | 2.36 | 1.53 |
| Omega Ratio | 1.28 | 1.23 |
| Calmar Ratio | 0.99 | 0.60 |
| Martin Ratio | 8.27 | 5.24 |
| Ulcer Index | 4.00% | 2.68% |
| Daily Std Dev | 20.93% | 12.02% |
| Max Drawdown | -53.77% | -39.26% |
| Current Drawdown | -10.01% | -10.97% |
Correlation
The correlation between MXISX and SHSAX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MXISX vs. SHSAX - Performance Comparison
In the year-to-date period, MXISX achieves a 14.18% return, which is significantly higher than SHSAX's 9.04% return. Over the past 10 years, MXISX has underperformed SHSAX with an annualized return of 2.13%, while SHSAX has yielded a comparatively higher 3.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MXISX vs. SHSAX - Expense Ratio Comparison
MXISX has a 0.56% expense ratio, which is lower than SHSAX's 1.09% expense ratio.
Risk-Adjusted Performance
MXISX vs. SHSAX - 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 BlackRock Health Sciences Opportunities Portfolio (SHSAX). 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. SHSAX - Dividend Comparison
MXISX's dividend yield for the trailing twelve months is around 0.17%, less than SHSAX's 0.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXISX Great-West S&P Small Cap 600 Index Fund | 0.17% | 0.52% | 0.54% | 2.10% | 1.26% | 0.61% | 1.49% | 1.61% | 0.92% | 1.26% | 1.22% | 1.24% |
SHSAX BlackRock Health Sciences Opportunities Portfolio | 0.24% | 0.26% | 0.34% | 0.00% | 0.00% | 0.30% | 0.11% | 0.00% | 0.00% | 1.38% | 0.04% | 0.08% |
Drawdowns
MXISX vs. SHSAX - Drawdown Comparison
The maximum MXISX drawdown since its inception was -53.77%, which is greater than SHSAX's maximum drawdown of -39.26%. Use the drawdown chart below to compare losses from any high point for MXISX and SHSAX. For additional features, visit the drawdowns tool.
Volatility
MXISX vs. SHSAX - Volatility Comparison
Great-West S&P Small Cap 600 Index Fund (MXISX) has a higher volatility of 7.32% compared to BlackRock Health Sciences Opportunities Portfolio (SHSAX) at 3.33%. This indicates that MXISX's price experiences larger fluctuations and is considered to be riskier than SHSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.