MXISX vs. SPY
Compare and contrast key facts about Great-West S&P Small Cap 600 Index Fund (MXISX) and SPDR S&P 500 ETF (SPY).
MXISX is managed by Great-West. It was launched on Dec 1, 1993. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXISX or SPY.
Correlation
The correlation between MXISX and SPY is 0.80, 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. SPY - Performance Comparison
Loading data...
Key characteristics
MXISX:
0.00
SPY:
0.66
MXISX:
0.23
SPY:
1.12
MXISX:
1.03
SPY:
1.17
MXISX:
0.03
SPY:
0.75
MXISX:
0.09
SPY:
2.92
MXISX:
9.67%
SPY:
4.86%
MXISX:
25.04%
SPY:
20.32%
MXISX:
-74.73%
SPY:
-55.19%
MXISX:
-14.71%
SPY:
-4.60%
Returns By Period
In the year-to-date period, MXISX achieves a -6.55% return, which is significantly lower than SPY's -0.23% return. Over the past 10 years, MXISX has underperformed SPY with an annualized return of 5.69%, while SPY has yielded a comparatively higher 12.59% annualized return.
MXISX
-6.55%
12.57%
-13.90%
0.12%
14.57%
5.69%
SPY
-0.23%
9.19%
-2.01%
13.36%
17.44%
12.59%
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. SPY - Expense Ratio Comparison
MXISX has a 0.56% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MXISX vs. SPY — Risk-Adjusted Performance Rank
MXISX
SPY
MXISX vs. SPY - 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 SPDR S&P 500 ETF (SPY). 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.
Loading data...
Dividends
MXISX vs. SPY - Dividend Comparison
MXISX's dividend yield for the trailing twelve months is around 0.84%, less than SPY's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXISX Great-West S&P Small Cap 600 Index Fund | 0.84% | 0.78% | 0.52% | 0.54% | 2.10% | 1.26% | 0.61% | 1.50% | 1.61% | 0.91% | 1.26% | 1.22% |
SPY SPDR S&P 500 ETF | 1.23% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MXISX vs. SPY - Drawdown Comparison
The maximum MXISX drawdown since its inception was -74.73%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MXISX and SPY. For additional features, visit the drawdowns tool.
Loading data...
Volatility
MXISX vs. SPY - Volatility Comparison
Great-West S&P Small Cap 600 Index Fund (MXISX) and SPDR S&P 500 ETF (SPY) have volatilities of 6.30% and 6.39%, 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.
Loading data...