MXMGX vs. MXMDX
Compare and contrast key facts about Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX) and Great-West S&P Mid Cap 400 Index Fund (MXMDX).
MXMGX is managed by T. Rowe Price. It was launched on Jul 1, 1997. MXMDX is managed by Great-West. It was launched on Jan 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXMGX or MXMDX.
Key characteristics
| MXMGX | MXMDX | |
|---|---|---|
| YTD Return | 11.96% | 17.74% |
| 1Y Return | 21.17% | 24.97% |
| 3Y Return (Ann) | -2.42% | 1.09% |
| 5Y Return (Ann) | 5.82% | 6.92% |
| 10Y Return (Ann) | 5.35% | 4.89% |
| Sharpe Ratio | 1.81 | 1.77 |
| Sortino Ratio | 2.47 | 2.48 |
| Omega Ratio | 1.32 | 1.31 |
| Calmar Ratio | 1.01 | 1.65 |
| Martin Ratio | 8.27 | 8.73 |
| Ulcer Index | 3.01% | 3.41% |
| Daily Std Dev | 13.77% | 16.84% |
| Max Drawdown | -35.88% | -45.17% |
| Current Drawdown | -8.54% | -1.53% |
Correlation
The correlation between MXMGX and MXMDX is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MXMGX vs. MXMDX - Performance Comparison
In the year-to-date period, MXMGX achieves a 11.96% return, which is significantly lower than MXMDX's 17.74% return. Over the past 10 years, MXMGX has outperformed MXMDX with an annualized return of 5.35%, while MXMDX has yielded a comparatively lower 4.89% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MXMGX vs. MXMDX - Expense Ratio Comparison
MXMGX has a 1.02% expense ratio, which is higher than MXMDX's 0.55% expense ratio.
Risk-Adjusted Performance
MXMGX vs. MXMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX) and Great-West S&P Mid Cap 400 Index Fund (MXMDX). 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.
Dividends
MXMGX vs. MXMDX - Dividend Comparison
MXMGX has not paid dividends to shareholders, while MXMDX's dividend yield for the trailing twelve months is around 0.12%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXMGX Great-West T. Rowe Price Mid Cap Growth Fund | 0.00% | 0.00% | 0.02% | 0.18% | 0.00% | 0.01% | 0.10% | 0.31% | 0.05% | 0.02% | 0.82% | 0.05% |
MXMDX Great-West S&P Mid Cap 400 Index Fund | 0.12% | 0.44% | 0.46% | 1.41% | 0.88% | 0.28% | 0.83% | 0.59% | 0.55% | 1.03% | 1.42% | 1.46% |
Drawdowns
MXMGX vs. MXMDX - Drawdown Comparison
The maximum MXMGX drawdown since its inception was -35.88%, smaller than the maximum MXMDX drawdown of -45.17%. Use the drawdown chart below to compare losses from any high point for MXMGX and MXMDX. For additional features, visit the drawdowns tool.
Volatility
MXMGX vs. MXMDX - Volatility Comparison
The current volatility for Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX) is 3.60%, while Great-West S&P Mid Cap 400 Index Fund (MXMDX) has a volatility of 5.29%. This indicates that MXMGX experiences smaller price fluctuations and is considered to be less risky than MXMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.