MXLMX vs. MXEOX
MXLMX (Great-West Multi-Sector Bond Fund) and MXEOX (Great-West Emerging Markets Equity Fund) are both mutual funds - MXLMX is a Multisector Bonds fund managed by Great-West, while MXEOX is a Emerging Markets Equities fund managed by Great-West. Over the past 5 years, MXLMX returned 1.64%/yr vs 7.11%/yr for MXEOX. Their 0.32 correlation means their historical movements had little consistent relationship. MXLMX charges 0.90%/yr vs 1.23%/yr for MXEOX.
Performance
MXLMX vs. MXEOX - 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 MXEOX's 17.63% 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%
MXEOX
- 1D
- 4.01%
- 1M
- -4.50%
- 6M
- 7.94%
- YTD
- 17.63%
- 1Y
- 34.51%
- 3Y*
- 18.98%
- 5Y*
- 7.11%
- 10Y*
- —
- ALL TIME*
- 5.62%
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. MXEOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MXLMX Great-West Multi-Sector Bond Fund | 0.37% | 7.99% | 5.14% | 7.89% | -11.42% | 0.96% | 9.02% | 11.74% | -3.39% |
MXEOX Great-West Emerging Markets Equity Fund | 17.63% | 32.78% | 9.84% | 9.67% | -22.34% | -3.49% | 18.39% | 21.67% | -21.34% |
Correlation
The correlation between MXLMX and MXEOX is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2018 | 0.32 |
The correlation between MXLMX and MXEOX shifts across timeframes, from 0.27 (3 years) to 0.39 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MXLMX vs. MXEOX — Risk / Return Rank
MXLMX
MXEOX
MXLMX vs. MXEOX - 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 Emerging Markets Equity Fund (MXEOX). 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 | MXEOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.28 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.21 | -0.69 |
| Martin ratioReturn relative to average drawdown | 5.51 | 7.27 | -1.76 |
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Drawdowns
MXLMX vs. MXEOX - Drawdown Comparison
The maximum MXLMX drawdown since its inception was -36.94%, smaller than the maximum MXEOX drawdown of -41.05%. Use the drawdown chart below to compare losses from any high point for MXLMX and MXEOX.
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Drawdown Indicators
| MXLMX | MXEOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.94% | -41.05% | +4.11% |
Max Drawdown (1Y)Largest decline over 1 year | -2.55% | -15.50% | +12.95% |
Max Drawdown (3Y)Largest decline over 3 years | -3.76% | -17.25% | +13.49% |
Max Drawdown (5Y)Largest decline over 5 years | -15.52% | -35.30% | +19.78% |
Max Drawdown (10Y)Largest decline over 10 years | -15.52% | — | — |
Current DrawdownCurrent decline from peak | -1.09% | -12.11% | +11.02% |
Average DrawdownAverage peak-to-trough decline | -8.18% | -16.99% | +8.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 4.68% | -3.98% |
Volatility
MXLMX vs. MXEOX - Volatility Comparison
The current volatility for Great-West Multi-Sector Bond Fund (MXLMX) is 0.80%, while Great-West Emerging Markets Equity Fund (MXEOX) has a volatility of 10.11%. This indicates that MXLMX experiences smaller price fluctuations and is considered to be less risky than MXEOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXLMX | MXEOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.80% | 10.11% | -9.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.44% | 21.82% | -19.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.85% | 23.69% | -20.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.27% | 18.80% | -14.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.08% | 19.66% | -15.58% |
MXLMX vs. MXEOX - Expense Ratio Comparison
MXLMX has a 0.90% expense ratio, which is lower than MXEOX's 1.23% expense ratio.
Dividends
MXLMX vs. MXEOX - Dividend Comparison
MXLMX's dividend yield for the trailing twelve months is around 3.27%, more than MXEOX's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXEOX Great-West Emerging Markets Equity Fund | 0.85% | 1.00% | 1.36% | 2.01% | 1.61% | 3.42% | 1.85% | 0.94% | 1.00% | 0.00% |
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 MXEOX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXEOX has higher volatility (10.11%) compared to MXLMX (0.80%). In terms of maximum drawdown, MXLMX dropped -36.94% vs MXEOX's -41.05%.
MXEOX currently has the higher Sharpe Ratio (1.45 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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