MXLLX vs. MXDPX

Last updated Jun 23, 2026

MXLLX (Great-West Lifetime 2035 Fund) and MXDPX (Great-West Moderately Conservative Profile Fund) are both mutual funds - MXLLX is a Target Retirement Date fund managed by Great-West, while MXDPX is a Diversified Portfolio fund managed by Great-West. Over the past 10 years, MXLLX returned 8.19%/yr vs 5.38%/yr for MXDPX. With a 0.95 correlation, they move nearly in lockstep. MXLLX charges 0.56%/yr vs 0.37%/yr for MXDPX.

Performance

MXLLX vs. MXDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Lifetime 2035 Fund (MXLLX) and Great-West Moderately Conservative Profile Fund (MXDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MXLLX achieves a 8.00% return, which is significantly higher than MXDPX's 5.73% return. Over the past 10 years, MXLLX has outperformed MXDPX with an annualized return of 8.19%, while MXDPX has yielded a comparatively lower 5.38% annualized return.

MXLLX

• 1D: 0.69%
• 1M: 1.39%
• YTD: 8.00%
• 6M: 7.64%
• 1Y: 18.46%
• 3Y*: 12.40%
• 5Y*: 6.37%
• 10Y*: 8.19%

MXDPX

• 1D: 0.34%
• 1M: 1.14%
• YTD: 5.73%
• 6M: 5.49%
• 1Y: 12.40%
• 3Y*: 9.03%
• 5Y*: 4.51%
• 10Y*: 5.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MXLLX vs. MXDPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXLLX Great-West Lifetime 2035 Fund	8.00%	14.21%	8.80%	14.60%	-15.77%	13.55%	13.01%	23.02%	-8.76%	14.93%
MXDPX Great-West Moderately Conservative Profile Fund	5.73%	10.02%	6.17%	10.19%	-11.44%	9.24%	9.30%	14.91%	-5.19%	8.25%

Correlation

The correlation between MXLLX and MXDPX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since May 4, 2009	0.95

The correlation between MXLLX and MXDPX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

MXLLX vs. MXDPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MXLLX

MXLLX Risk / Return Rank: 48
MXLLX Sharpe Ratio Rank: 45
MXLLX Sortino Ratio Rank: 45
MXLLX Omega Ratio Rank: 47
MXLLX Calmar Ratio Rank: 48
MXLLX Martin Ratio Rank: 55

MXDPX

MXDPX Risk / Return Rank: 44
MXDPX Sharpe Ratio Rank: 39
MXDPX Sortino Ratio Rank: 40
MXDPX Omega Ratio Rank: 47
MXDPX Calmar Ratio Rank: 46
MXDPX Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MXLLX vs. MXDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2035 Fund (MXLLX) and Great-West Moderately Conservative Profile Fund (MXDPX). 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.

	MXLLX	MXDPX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.68	+0.14
Sortino ratio: Return per unit of downside risk	2.60	2.44	+0.16
Omega ratio: Gain probability vs. loss probability	1.34	1.35	0.00
Calmar ratio: Return relative to maximum drawdown	2.53	2.49	+0.04
Martin ratio: Return relative to average drawdown	10.48	9.11	+1.37

MXLLX vs. MXDPX - Sharpe Ratio Comparison

The current MXLLX Sharpe Ratio is 1.82, which is comparable to the MXDPX Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of MXLLX and MXDPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MXLLX vs. MXDPX - Drawdown Comparison

The maximum MXLLX drawdown since its inception was -37.21%, smaller than the maximum MXDPX drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for MXLLX and MXDPX.

Drawdown Indicators

	MXLLX	MXDPX	Difference
Max Drawdown Largest peak-to-trough decline	-37.21%	-39.33%	+2.12%
Max Drawdown (1Y) Largest decline over 1 year	-7.22%	-4.94%	-2.28%
Max Drawdown (3Y) Largest decline over 3 years	-11.43%	-7.03%	-4.40%
Max Drawdown (5Y) Largest decline over 5 years	-26.28%	-20.55%	-5.73%
Max Drawdown (10Y) Largest decline over 10 years	-29.09%	-20.55%	-8.54%
Current Drawdown Current decline from peak	-0.31%	-0.34%	+0.03%
Average Drawdown Average peak-to-trough decline	-9.52%	-13.91%	+4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.74%	1.35%	+0.39%

Volatility

MXLLX vs. MXDPX - Volatility Comparison

Great-West Lifetime 2035 Fund (MXLLX) has a higher volatility of 3.52% compared to Great-West Moderately Conservative Profile Fund (MXDPX) at 2.39%. This indicates that MXLLX's price experiences larger fluctuations and is considered to be riskier than MXDPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXLLX	MXDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	2.39%	+1.13%
Volatility (6M) Calculated over the trailing 6-month period	7.66%	5.09%	+2.57%
Volatility (1Y) Calculated over the trailing 1-year period	10.04%	7.32%	+2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.75%	9.09%	+3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.63%	8.91%	+4.72%

MXLLX vs. MXDPX - Expense Ratio Comparison

MXLLX has a 0.56% expense ratio, which is higher than MXDPX's 0.37% expense ratio.

Dividends

MXLLX vs. MXDPX - Dividend Comparison

MXLLX's dividend yield for the trailing twelve months is around 3.79%, less than MXDPX's 4.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXDPX Great-West Moderately Conservative Profile Fund	4.99%	5.27%	4.86%	5.29%	6.69%	6.84%	2.38%	7.36%	7.84%	2.90%
MXLLX Great-West Lifetime 2035 Fund	3.79%	4.09%	5.91%	4.17%	8.24%	9.48%	5.18%	9.14%	11.17%	3.48%

Frequently Asked Questions

Can I hold both MXLLX and MXDPX in my portfolio?

With a correlation of 0.96, MXLLX and MXDPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MXLLX or MXDPX?

MXLLX has higher volatility (3.52%) compared to MXDPX (2.39%). In terms of maximum drawdown, MXLLX dropped -37.21% vs MXDPX's -39.33%.

Which has better risk-adjusted returns?

MXLLX currently has the higher Sharpe Ratio (1.82 vs 1.68), 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.