MXLSX vs. MXLGX
MXLSX (Great-West Small Cap Value Fund) and MXLGX (Great-West Large Cap Growth Fund) are both mutual funds - MXLSX is a Small Cap Value Equities fund managed by Great-West, while MXLGX is a Large Cap Growth Equities fund managed by Great-West. Over the past 10 years, MXLSX returned 9.28%/yr vs 15.37%/yr for MXLGX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. MXLSX charges 1.09%/yr vs 1.00%/yr for MXLGX.
Performance
MXLSX vs. MXLGX - Performance Comparison
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Returns By Period
In the year-to-date period, MXLSX achieves a 21.30% return, which is significantly higher than MXLGX's 1.06% return. Over the past 10 years, MXLSX has underperformed MXLGX with an annualized return of 9.28%, while MXLGX has yielded a comparatively higher 15.37% annualized return.
MXLSX
- 1D
- -0.04%
- 1M
- 0.90%
- 6M
- 13.94%
- YTD
- 21.30%
- 1Y
- 27.20%
- 3Y*
- 12.29%
- 5Y*
- 9.06%
- 10Y*
- 9.28%
- ALL TIME*
- 5.84%
MXLGX
- 1D
- 2.63%
- 1M
- -2.41%
- 6M
- 1.64%
- YTD
- 1.06%
- 1Y
- 5.24%
- 3Y*
- 15.60%
- 5Y*
- 9.46%
- 10Y*
- 15.37%
- ALL TIME*
- 5.82%
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 |
MXLSX vs. MXLGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXLSX Great-West Small Cap Value Fund | 21.30% | 4.08% | 8.20% | 17.81% | -10.07% | 31.12% | 2.84% | 24.67% | -16.64% | 8.44% |
MXLGX Great-West Large Cap Growth Fund | 1.06% | 13.93% | 25.30% | 33.43% | -34.08% | 41.30% | 40.72% | 36.20% | -0.47% | 28.82% |
Correlation
The correlation between MXLSX and MXLGX is 0.54, 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. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.63 |
Correlation (All Time) Calculated using the full available price history since May 27, 2003 | 0.74 |
Over the past year, the correlation between MXLSX and MXLGX has dropped to 0.54 - well below their long-term average of 0.74, suggesting their price drivers have been diverging.
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Return for Risk
MXLSX vs. MXLGX — Risk / Return Rank
MXLSX
MXLGX
MXLSX vs. MXLGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Small Cap Value Fund (MXLSX) and Great-West Large Cap Growth Fund (MXLGX). 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.
| MXLSX | MXLGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +1.95 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.07 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 0.36 | +2.36 |
| Martin ratioReturn relative to average drawdown | 8.77 | 1.08 | +7.69 |
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Drawdowns
MXLSX vs. MXLGX - Drawdown Comparison
The maximum MXLSX drawdown since its inception was -60.41%, roughly equal to the maximum MXLGX drawdown of -62.98%. Use the drawdown chart below to compare losses from any high point for MXLSX and MXLGX.
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Drawdown Indicators
| MXLSX | MXLGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.41% | -62.98% | +2.57% |
Max Drawdown (1Y)Largest decline over 1 year | -9.84% | -14.95% | +5.11% |
Max Drawdown (3Y)Largest decline over 3 years | -26.04% | -20.74% | -5.30% |
Max Drawdown (5Y)Largest decline over 5 years | -26.04% | -38.07% | +12.03% |
Max Drawdown (10Y)Largest decline over 10 years | -43.52% | -38.07% | -5.45% |
Current DrawdownCurrent decline from peak | -1.17% | -4.71% | +3.54% |
Average DrawdownAverage peak-to-trough decline | -12.08% | -25.66% | +13.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 4.88% | -1.83% |
Volatility
MXLSX vs. MXLGX - Volatility Comparison
The current volatility for Great-West Small Cap Value Fund (MXLSX) is 3.18%, while Great-West Large Cap Growth Fund (MXLGX) has a volatility of 5.27%. This indicates that MXLSX experiences smaller price fluctuations and is considered to be less risky than MXLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXLSX | MXLGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 5.27% | -2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 11.03% | 12.66% | -1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.97% | 15.90% | +0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.64% | 22.06% | -1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.22% | 23.54% | -1.32% |
MXLSX vs. MXLGX - Expense Ratio Comparison
MXLSX has a 1.09% expense ratio, which is higher than MXLGX's 1.00% expense ratio.
Dividends
MXLSX vs. MXLGX - Dividend Comparison
MXLSX's dividend yield for the trailing twelve months is around 0.40%, less than MXLGX's 12.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXLGX Great-West Large Cap Growth Fund | 12.76% | 12.90% | 9.72% | 2.95% | 9.29% | 21.33% | 30.57% | 17.96% | 25.47% | 5.25% |
MXLSX Great-West Small Cap Value Fund | 0.40% | 0.48% | 1.07% | 2.24% | 2.93% | 6.23% | 0.23% | 0.47% | 2.92% | 5.29% |
Frequently Asked Questions
MXLSX and MXLGX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXLGX has higher volatility (5.27%) compared to MXLSX (3.18%). In terms of maximum drawdown, MXLSX dropped -60.41% vs MXLGX's -62.98%.
MXLSX currently has the higher Sharpe Ratio (1.68 vs 0.34), 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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