MXMVX vs. HAMVX
MXMVX (Great-West Mid Cap Value Fund) and HAMVX (Harbor Mid Cap Value Fund) are both Mid Cap Value Equities funds. Over the past 10 years, MXMVX returned 8.16%/yr vs 11.00%/yr for HAMVX. Their correlation of 0.93 suggests significant overlap in exposure. MXMVX charges 1.15%/yr vs 0.85%/yr for HAMVX.
Performance
MXMVX vs. HAMVX - Performance Comparison
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Returns By Period
In the year-to-date period, MXMVX achieves a 15.07% return, which is significantly lower than HAMVX's 17.38% return. Over the past 10 years, MXMVX has underperformed HAMVX with an annualized return of 8.16%, while HAMVX has yielded a comparatively higher 11.00% annualized return.
MXMVX
- 1D
- 0.37%
- 1M
- 3.45%
- YTD
- 15.07%
- 6M
- 13.83%
- 1Y
- 24.56%
- 3Y*
- 16.89%
- 5Y*
- 5.92%
- 10Y*
- 8.16%
HAMVX
- 1D
- 0.37%
- 1M
- 1.64%
- YTD
- 17.38%
- 6M
- 15.91%
- 1Y
- 34.91%
- 3Y*
- 20.33%
- 5Y*
- 11.95%
- 10Y*
- 11.00%
MXMVX vs. HAMVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXMVX Great-West Mid Cap Value Fund | 15.07% | 8.32% | 15.59% | 15.15% | -27.98% | 34.87% | -0.99% | 20.49% | -13.76% | 16.62% |
HAMVX Harbor Mid Cap Value Fund | 17.38% | 16.00% | 12.10% | 16.42% | -5.63% | 29.93% | -3.77% | 22.93% | -17.82% | 12.01% |
Correlation
The correlation between MXMVX and HAMVX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since May 16, 2008 | 0.93 |
The correlation between MXMVX and HAMVX has been stable across timeframes, ranging from 0.84 to 0.93 - a consistent structural relationship.
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Return for Risk
MXMVX vs. HAMVX — Risk / Return Rank
MXMVX
HAMVX
MXMVX vs. HAMVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Mid Cap Value Fund (MXMVX) and Harbor Mid Cap Value Fund (HAMVX). 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.
| MXMVX | HAMVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.47 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 5.28 | -1.68 |
| Martin ratioReturn relative to average drawdown | 12.67 | 18.64 | -5.97 |
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Drawdowns
MXMVX vs. HAMVX - Drawdown Comparison
The maximum MXMVX drawdown since its inception was -57.13%, smaller than the maximum HAMVX drawdown of -64.17%. Use the drawdown chart below to compare losses from any high point for MXMVX and HAMVX.
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Drawdown Indicators
| MXMVX | HAMVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.13% | -64.17% | +7.04% |
Max Drawdown (1Y)Largest decline over 1 year | -7.45% | -6.84% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -20.78% | -21.04% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -34.69% | -21.04% | -13.65% |
Max Drawdown (10Y)Largest decline over 10 years | -45.46% | -51.44% | +5.98% |
Current DrawdownCurrent decline from peak | -0.25% | -1.68% | +1.43% |
Average DrawdownAverage peak-to-trough decline | -12.47% | -9.96% | -2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.93% | +0.16% |
Volatility
MXMVX vs. HAMVX - Volatility Comparison
Great-West Mid Cap Value Fund (MXMVX) has a higher volatility of 4.29% compared to Harbor Mid Cap Value Fund (HAMVX) at 3.28%. This indicates that MXMVX's price experiences larger fluctuations and is considered to be riskier than HAMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXMVX | HAMVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 3.28% | +1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 9.92% | 9.29% | +0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 13.54% | -0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.68% | 18.76% | +0.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.60% | 21.90% | -1.30% |
MXMVX vs. HAMVX - Expense Ratio Comparison
MXMVX has a 1.15% expense ratio, which is higher than HAMVX's 0.85% expense ratio.
Dividends
MXMVX vs. HAMVX - Dividend Comparison
MXMVX's dividend yield for the trailing twelve months is around 5.20%, less than HAMVX's 7.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HAMVX Harbor Mid Cap Value Fund | 7.39% | 8.67% | 5.77% | 7.20% | 8.24% | 1.27% | 2.35% | 3.10% | 8.41% | 3.84% | 3.06% | 3.30% |
MXMVX Great-West Mid Cap Value Fund | 5.20% | 5.98% | 9.03% | 0.49% | 2.55% | 3.29% | 0.71% | 0.17% | 7.06% | 12.00% | 0.00% | 0.00% |
Frequently Asked Questions
MXMVX and HAMVX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXMVX has higher volatility (4.29%) compared to HAMVX (3.28%). In terms of maximum drawdown, MXMVX dropped -57.13% vs HAMVX's -64.17%.
HAMVX currently has the higher Sharpe Ratio (2.67 vs 2.00), 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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