MXLMX vs. MXCPX
MXLMX (Great-West Multi-Sector Bond Fund) and MXCPX (Great-West Conservative Profile Fund) are both mutual funds - MXLMX is a Multisector Bonds fund managed by Great-West, while MXCPX is a Diversified Portfolio fund managed by Great-West. Over the past 10 years, MXLMX returned 3.09%/yr vs 3.91%/yr for MXCPX. Their 0.48 correlation means their historical movements had little consistent relationship. MXLMX charges 0.90%/yr vs 0.37%/yr for MXCPX.
Performance
MXLMX vs. MXCPX - Performance Comparison
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Returns By Period
In the year-to-date period, MXLMX achieves a 0.37% return, which is significantly lower than MXCPX's 4.25% return. Over the past 10 years, MXLMX has underperformed MXCPX with an annualized return of 3.09%, while MXCPX has yielded a comparatively higher 3.91% annualized return.
MXLMX
- 1D
- 0.15%
- 1M
- -0.66%
- 6M
- -0.15%
- YTD
- 0.37%
- 1Y
- 3.82%
- 3Y*
- 5.96%
- 5Y*
- 1.64%
- 10Y*
- 3.09%
- ALL TIME*
- 1.81%
MXCPX
- 1D
- 0.37%
- 1M
- -0.12%
- 6M
- 2.93%
- YTD
- 4.25%
- 1Y
- 8.26%
- 3Y*
- 6.83%
- 5Y*
- 3.06%
- 10Y*
- 3.91%
- ALL TIME*
- 0.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MXLMX vs. MXCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXLMX Great-West Multi-Sector Bond Fund | 0.37% | 7.99% | 5.14% | 7.89% | -11.42% | 0.96% | 9.02% | 11.74% | -3.03% | 4.83% |
MXCPX Great-West Conservative Profile Fund | 4.25% | 8.19% | 4.95% | 8.41% | -10.33% | 6.35% | 8.07% | 11.40% | -3.95% | 5.94% |
Correlation
The correlation between MXLMX and MXCPX is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.67 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 1999 | 0.48 |
The correlation between MXLMX and MXCPX shifts across timeframes, from 0.48 (all time) to 0.67 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MXLMX vs. MXCPX — Risk / Return Rank
MXLMX
MXCPX
MXLMX vs. MXCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Multi-Sector Bond Fund (MXLMX) and Great-West Conservative Profile Fund (MXCPX). 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.
| MXLMX | MXCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.03 | -0.51 |
| Martin ratioReturn relative to average drawdown | 5.51 | 8.50 | -2.99 |
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Drawdowns
MXLMX vs. MXCPX - Drawdown Comparison
The maximum MXLMX drawdown since its inception was -36.94%, which is greater than MXCPX's maximum drawdown of -35.02%. Use the drawdown chart below to compare losses from any high point for MXLMX and MXCPX.
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Drawdown Indicators
| MXLMX | MXCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.94% | -35.02% | -1.92% |
Max Drawdown (1Y)Largest decline over 1 year | -2.55% | -3.88% | +1.33% |
Max Drawdown (3Y)Largest decline over 3 years | -3.76% | -4.80% | +1.04% |
Max Drawdown (5Y)Largest decline over 5 years | -15.52% | -17.81% | +2.29% |
Max Drawdown (10Y)Largest decline over 10 years | -15.52% | -17.81% | +2.29% |
Current DrawdownCurrent decline from peak | -1.09% | -0.37% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -8.18% | -12.46% | +4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 0.93% | -0.23% |
Volatility
MXLMX vs. MXCPX - Volatility Comparison
The current volatility for Great-West Multi-Sector Bond Fund (MXLMX) is 0.80%, while Great-West Conservative Profile Fund (MXCPX) has a volatility of 1.07%. This indicates that MXLMX experiences smaller price fluctuations and is considered to be less risky than MXCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXLMX | MXCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.80% | 1.07% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 2.44% | 3.92% | -1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.85% | 4.76% | -1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.27% | 6.74% | -2.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.08% | 6.50% | -2.42% |
MXLMX vs. MXCPX - Expense Ratio Comparison
MXLMX has a 0.90% expense ratio, which is higher than MXCPX's 0.37% expense ratio.
Dividends
MXLMX vs. MXCPX - Dividend Comparison
MXLMX's dividend yield for the trailing twelve months is around 3.27%, less than MXCPX's 3.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXCPX Great-West Conservative Profile Fund | 3.31% | 3.45% | 4.53% | 4.17% | 5.70% | 5.20% | 2.46% | 5.62% | 5.53% | 2.70% |
MXLMX Great-West Multi-Sector Bond Fund | 3.27% | 3.28% | 3.68% | 3.16% | 2.59% | 3.88% | 3.59% | 1.76% | 3.07% | 0.45% |
Frequently Asked Questions
MXLMX and MXCPX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXCPX has higher volatility (1.07%) compared to MXLMX (0.80%). In terms of maximum drawdown, MXLMX dropped -36.94% vs MXCPX's -35.02%.
MXCPX currently has the higher Sharpe Ratio (1.66 vs 1.37), 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.
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