MXMGX vs. MXVIX
Compare and contrast key facts about Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX) and Great-West S&P 500 Index Fund (MXVIX).
MXMGX is managed by T. Rowe Price. It was launched on Jul 1, 1997. MXVIX is managed by Great-West. It was launched on Sep 8, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXMGX or MXVIX.
Key characteristics
| MXMGX | MXVIX | |
|---|---|---|
| YTD Return | 12.16% | 26.05% |
| 1Y Return | 24.70% | 37.44% |
| 3Y Return (Ann) | -2.21% | 9.42% |
| 5Y Return (Ann) | 6.12% | 15.33% |
| 10Y Return (Ann) | 5.41% | 12.27% |
| Sharpe Ratio | 1.78 | 3.02 |
| Sortino Ratio | 2.44 | 4.01 |
| Omega Ratio | 1.31 | 1.57 |
| Calmar Ratio | 0.90 | 4.45 |
| Martin Ratio | 8.19 | 20.00 |
| Ulcer Index | 3.01% | 1.88% |
| Daily Std Dev | 13.83% | 12.44% |
| Max Drawdown | -35.88% | -33.82% |
| Current Drawdown | -8.38% | 0.00% |
Correlation
The correlation between MXMGX and MXVIX is 0.90, 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. MXVIX - Performance Comparison
In the year-to-date period, MXMGX achieves a 12.16% return, which is significantly lower than MXVIX's 26.05% return. Over the past 10 years, MXMGX has underperformed MXVIX with an annualized return of 5.41%, while MXVIX has yielded a comparatively higher 12.27% 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. MXVIX - Expense Ratio Comparison
MXMGX has a 1.02% expense ratio, which is higher than MXVIX's 0.51% expense ratio.
Risk-Adjusted Performance
MXMGX vs. MXVIX - 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 500 Index Fund (MXVIX). 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. MXVIX - Dividend Comparison
MXMGX has not paid dividends to shareholders, while MXVIX's dividend yield for the trailing twelve months is around 0.22%.
| 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% |
MXVIX Great-West S&P 500 Index Fund | 0.22% | 0.43% | 0.39% | 0.35% | 0.68% | 0.66% | 0.92% | 0.80% | 0.90% | 1.26% | 1.48% | 1.70% |
Drawdowns
MXMGX vs. MXVIX - Drawdown Comparison
The maximum MXMGX drawdown since its inception was -35.88%, which is greater than MXVIX's maximum drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for MXMGX and MXVIX. For additional features, visit the drawdowns tool.
Volatility
MXMGX vs. MXVIX - Volatility Comparison
The current volatility for Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX) is 3.67%, while Great-West S&P 500 Index Fund (MXVIX) has a volatility of 3.92%. This indicates that MXMGX experiences smaller price fluctuations and is considered to be less risky than MXVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.