MXLLX vs. SSFNX
MXLLX (Great-West Lifetime 2035 Fund) and SSFNX (State Street Target Retirement Fund) are both Target Retirement Date funds. Over the past 10 years, MXLLX returned 8.16%/yr vs 5.84%/yr for SSFNX. A 0.80 correlation means they provide meaningful diversification when combined. MXLLX charges 0.56%/yr vs 0.10%/yr for SSFNX.
Performance
MXLLX vs. SSFNX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MXLLX achieves a 6.85% return, which is significantly higher than SSFNX's 4.87% return. Over the past 10 years, MXLLX has outperformed SSFNX with an annualized return of 8.16%, while SSFNX has yielded a comparatively lower 5.84% annualized return.
MXLLX
- 1D
- 1.66%
- 1M
- 0.51%
- YTD
- 6.85%
- 6M
- 7.13%
- 1Y
- 15.73%
- 3Y*
- 12.43%
- 5Y*
- 5.71%
- 10Y*
- 8.16%
SSFNX
- 1D
- 0.85%
- 1M
- -0.08%
- YTD
- 4.87%
- 6M
- 5.20%
- 1Y
- 11.42%
- 3Y*
- 9.55%
- 5Y*
- 4.26%
- 10Y*
- 5.84%
MXLLX vs. SSFNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXLLX Great-West Lifetime 2035 Fund | 6.85% | 14.21% | 8.80% | 14.60% | -15.77% | 13.55% | 13.01% | 23.02% | -8.76% | 14.93% |
SSFNX State Street Target Retirement Fund | 4.87% | 10.93% | 7.05% | 10.73% | -12.21% | 6.87% | 10.26% | 13.97% | -2.49% | 8.92% |
Correlation
The correlation between MXLLX and SSFNX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.80 |
The correlation between MXLLX and SSFNX has been stable across timeframes, ranging from 0.78 to 0.86 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MXLLX vs. SSFNX — Risk / Return Rank
MXLLX
SSFNX
MXLLX vs. SSFNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2035 Fund (MXLLX) and State Street Target Retirement Fund (SSFNX). 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 | SSFNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.51 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 3.32 | -1.08 |
| Martin ratioReturn relative to average drawdown | 9.22 | 14.74 | -5.52 |
Loading charts...
Drawdowns
MXLLX vs. SSFNX - Drawdown Comparison
The maximum MXLLX drawdown since its inception was -37.21%, which is greater than SSFNX's maximum drawdown of -16.62%. Use the drawdown chart below to compare losses from any high point for MXLLX and SSFNX.
Loading charts...
Drawdown Indicators
| MXLLX | SSFNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.21% | -16.62% | -20.59% |
Max Drawdown (1Y)Largest decline over 1 year | -7.22% | -3.52% | -3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -11.43% | -5.40% | -6.03% |
Max Drawdown (5Y)Largest decline over 5 years | -26.28% | -16.62% | -9.66% |
Max Drawdown (10Y)Largest decline over 10 years | -29.09% | -16.62% | -12.47% |
Current DrawdownCurrent decline from peak | -1.06% | -0.67% | -0.39% |
Average DrawdownAverage peak-to-trough decline | -9.53% | -2.51% | -7.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 0.79% | +0.96% |
Volatility
MXLLX vs. SSFNX - Volatility Comparison
Great-West Lifetime 2035 Fund (MXLLX) has a higher volatility of 3.55% compared to State Street Target Retirement Fund (SSFNX) at 1.94%. This indicates that MXLLX's price experiences larger fluctuations and is considered to be riskier than SSFNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MXLLX | SSFNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 1.94% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.61% | 3.82% | +3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.03% | 4.63% | +5.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.75% | 6.61% | +6.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.63% | 6.58% | +7.05% |
MXLLX vs. SSFNX - Expense Ratio Comparison
MXLLX has a 0.56% expense ratio, which is higher than SSFNX's 0.10% expense ratio.
Dividends
MXLLX vs. SSFNX - Dividend Comparison
MXLLX's dividend yield for the trailing twelve months is around 3.83%, less than SSFNX's 4.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXLLX Great-West Lifetime 2035 Fund | 3.83% | 4.09% | 5.91% | 4.17% | 8.24% | 9.48% | 5.18% | 9.14% | 11.17% | 3.48% | 0.00% | 0.00% |
SSFNX State Street Target Retirement Fund | 4.64% | 4.86% | 5.78% | 5.26% | 5.12% | 6.69% | 1.61% | 3.35% | 4.40% | 2.72% | 1.84% | 2.05% |
Frequently Asked Questions
MXLLX and SSFNX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXLLX has higher volatility (3.55%) compared to SSFNX (1.94%). In terms of maximum drawdown, MXLLX dropped -37.21% vs SSFNX's -16.62%.
SSFNX currently has the higher Sharpe Ratio (2.52 vs 1.61), 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.
Find the right allocation for MXLLX and SSFNX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer