MXISX vs. SWSSX
Compare and contrast key facts about Great-West S&P Small Cap 600 Index Fund (MXISX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX).
MXISX is managed by Great-West. It was launched on Dec 1, 1993. SWSSX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 2000 Index. It was launched on May 19, 1997.
Performance
MXISX vs. SWSSX - Performance Comparison
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MXISX vs. SWSSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXISX Great-West S&P Small Cap 600 Index Fund | 3.41% | 5.53% | 7.87% | 14.61% | -16.60% | 26.08% | 10.73% | 21.46% | -9.22% | 11.80% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 0.90% | 12.88% | 11.57% | 17.07% | -20.43% | 14.77% | 20.12% | 25.63% | -11.19% | 14.76% |
Returns By Period
In the year-to-date period, MXISX achieves a 3.41% return, which is significantly higher than SWSSX's 0.90% return. Over the past 10 years, MXISX has underperformed SWSSX with an annualized return of 8.96%, while SWSSX has yielded a comparatively higher 9.87% annualized return.
MXISX
- 1D
- 2.85%
- 1M
- -4.71%
- YTD
- 3.41%
- 6M
- 4.73%
- 1Y
- 19.70%
- 3Y*
- 9.60%
- 5Y*
- 3.72%
- 10Y*
- 8.96%
SWSSX
- 1D
- 3.48%
- 1M
- -5.84%
- YTD
- 0.90%
- 6M
- 2.87%
- 1Y
- 25.74%
- 3Y*
- 13.11%
- 5Y*
- 3.50%
- 10Y*
- 9.87%
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MXISX vs. SWSSX - Expense Ratio Comparison
MXISX has a 0.56% expense ratio, which is higher than SWSSX's 0.04% expense ratio.
Return for Risk
MXISX vs. SWSSX — Risk / Return Rank
MXISX
SWSSX
MXISX vs. SWSSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West S&P Small Cap 600 Index Fund (MXISX) and Schwab Small-Cap Index Fund-Select Shares (SWSSX). 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.
| MXISX | SWSSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 1.11 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.37 | 1.66 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 1.81 | -0.61 |
Martin ratioReturn relative to average drawdown | 4.94 | 6.78 | -1.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MXISX | SWSSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.11 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.16 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.41 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.34 | -0.15 |
Correlation
The correlation between MXISX and SWSSX is 0.95, 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.
Dividends
MXISX vs. SWSSX - Dividend Comparison
MXISX's dividend yield for the trailing twelve months is around 7.20%, more than SWSSX's 1.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXISX Great-West S&P Small Cap 600 Index Fund | 7.20% | 7.45% | 4.53% | 2.41% | 6.55% | 10.79% | 6.55% | 6.71% | 14.30% | 8.68% | 4.94% | 10.96% |
SWSSX Schwab Small-Cap Index Fund-Select Shares | 1.28% | 1.29% | 1.66% | 1.49% | 1.32% | 8.88% | 2.55% | 6.12% | 10.45% | 5.22% | 4.10% | 6.92% |
Drawdowns
MXISX vs. SWSSX - Drawdown Comparison
The maximum MXISX drawdown since its inception was -70.66%, which is greater than SWSSX's maximum drawdown of -60.34%. Use the drawdown chart below to compare losses from any high point for MXISX and SWSSX.
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Drawdown Indicators
| MXISX | SWSSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.66% | -60.34% | -10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -14.88% | -13.90% | -0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -28.07% | -31.93% | +3.86% |
Max Drawdown (10Y)Largest decline over 10 years | -44.78% | -41.81% | -2.97% |
Current DrawdownCurrent decline from peak | -5.79% | -7.91% | +2.12% |
Average DrawdownAverage peak-to-trough decline | -21.97% | -10.78% | -11.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 3.71% | +0.24% |
Volatility
MXISX vs. SWSSX - Volatility Comparison
The current volatility for Great-West S&P Small Cap 600 Index Fund (MXISX) is 6.28%, while Schwab Small-Cap Index Fund-Select Shares (SWSSX) has a volatility of 7.53%. This indicates that MXISX experiences smaller price fluctuations and is considered to be less risky than SWSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXISX | SWSSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.28% | 7.53% | -1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 14.53% | -1.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.24% | 23.31% | +0.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.86% | 22.62% | -0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.84% | 24.05% | -0.21% |