MXMPX vs. MXDPX

Last updated Jun 4, 2026

MXMPX (Great-West Moderate Profile Fund) and MXDPX (Great-West Moderately Conservative Profile Fund) are both Diversified Portfolio funds from Great-West. Over the past 10 years, MXMPX returned 6.41%/yr vs 5.33%/yr for MXDPX. With a 0.97 correlation, they move nearly in lockstep. MXMPX charges 0.39%/yr vs 0.37%/yr for MXDPX.

Performance

MXMPX vs. MXDPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Moderate Profile Fund (MXMPX) and Great-West Moderately Conservative Profile Fund (MXDPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MXMPX achieves a 6.86% return, which is significantly higher than MXDPX's 5.37% return. Over the past 10 years, MXMPX has outperformed MXDPX with an annualized return of 6.41%, while MXDPX has yielded a comparatively lower 5.33% annualized return.

MXMPX

• 1D: 0.29%
• 1M: 2.49%
• YTD: 6.86%
• 6M: 7.46%
• 1Y: 15.26%
• 3Y*: 11.45%
• 5Y*: 5.54%
• 10Y*: 6.41%

MXDPX

• 1D: 0.23%
• 1M: 1.85%
• YTD: 5.37%
• 6M: 5.74%
• 1Y: 12.16%
• 3Y*: 9.41%
• 5Y*: 4.22%
• 10Y*: 5.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MXMPX vs. MXDPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXMPX Great-West Moderate Profile Fund	6.86%	11.96%	7.75%	12.13%	-11.86%	11.97%	11.04%	17.43%	-11.39%	15.83%
MXDPX Great-West Moderately Conservative Profile Fund	5.37%	10.02%	6.17%	10.19%	-11.44%	9.24%	9.30%	14.91%	-5.19%	8.25%

Correlation

The correlation between MXMPX and MXDPX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Sep 28, 1999	0.97

The correlation between MXMPX and MXDPX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

MXMPX vs. MXDPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MXMPX

MXMPX Risk / Return Rank: 33
MXMPX Sharpe Ratio Rank: 25
MXMPX Sortino Ratio Rank: 25
MXMPX Omega Ratio Rank: 41
MXMPX Calmar Ratio Rank: 44
MXMPX Martin Ratio Rank: 31

MXDPX

MXDPX Risk / Return Rank: 41
MXDPX Sharpe Ratio Rank: 36
MXDPX Sortino Ratio Rank: 37
MXDPX Omega Ratio Rank: 46
MXDPX Calmar Ratio Rank: 43
MXDPX Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MXMPX vs. MXDPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Moderate Profile Fund (MXMPX) and Great-West Moderately Conservative Profile Fund (MXDPX). 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.

	MXMPX	MXDPX	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.75	-0.31
Sortino ratio: Return per unit of downside risk	2.09	2.55	-0.46
Omega ratio: Gain probability vs. loss probability	1.35	1.37	-0.02
Calmar ratio: Return relative to maximum drawdown	2.53	2.50	+0.03
Martin ratio: Return relative to average drawdown	7.23	9.17	-1.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXMPX vs. MXDPX - Sharpe Ratio Comparison

The current MXMPX Sharpe Ratio is 1.44, which is comparable to the MXDPX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of MXMPX and MXDPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MXMPX	MXDPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	1.75	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.47	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.60	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.15	-0.06

Drawdowns

MXMPX vs. MXDPX - Drawdown Comparison

The maximum MXMPX drawdown since its inception was -53.35%, which is greater than MXDPX's maximum drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for MXMPX and MXDPX.

Drawdown Indicators

	MXMPX	MXDPX	Difference
Max Drawdown Largest peak-to-trough decline	-53.35%	-39.33%	-14.02%
Max Drawdown (1Y) Largest decline over 1 year	-6.12%	-4.94%	-1.18%
Max Drawdown (3Y) Largest decline over 3 years	-9.49%	-7.03%	-2.46%
Max Drawdown (5Y) Largest decline over 5 years	-22.74%	-20.55%	-2.19%
Max Drawdown (10Y) Largest decline over 10 years	-24.55%	-20.55%	-4.00%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-21.19%	-13.94%	-7.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	1.34%	+0.80%

Volatility

MXMPX vs. MXDPX - Volatility Comparison

Great-West Moderate Profile Fund (MXMPX) has a higher volatility of 2.32% compared to Great-West Moderately Conservative Profile Fund (MXDPX) at 1.92%. This indicates that MXMPX's price experiences larger fluctuations and is considered to be riskier than MXDPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXMPX	MXDPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.32%	1.92%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	6.02%	4.73%	+1.29%
Volatility (1Y) Calculated over the trailing 1-year period	10.79%	7.05%	+3.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.73%	9.05%	+2.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.79%	8.89%	+2.90%

MXMPX vs. MXDPX - Expense Ratio Comparison

MXMPX has a 0.39% expense ratio, which is higher than MXDPX's 0.37% expense ratio.

Dividends

MXMPX vs. MXDPX - Dividend Comparison

MXMPX's dividend yield for the trailing twelve months is around 7.11%, more than MXDPX's 5.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXDPX Great-West Moderately Conservative Profile Fund	5.00%	5.27%	4.86%	5.29%	6.69%	6.84%	2.38%	7.36%	7.84%	2.90%
MXMPX Great-West Moderate Profile Fund	7.11%	7.60%	7.42%	4.79%	9.64%	7.84%	3.00%	9.98%	10.12%	4.84%

Frequently Asked Questions

Can I hold both MXMPX and MXDPX in my portfolio?

With a correlation of 0.97, MXMPX and MXDPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MXMPX or MXDPX?

MXMPX has higher volatility (2.32%) compared to MXDPX (1.92%). In terms of maximum drawdown, MXMPX dropped -53.35% vs MXDPX's -39.33%.

Which has better risk-adjusted returns?

MXDPX currently has the higher Sharpe Ratio (1.75 vs 1.44), 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.