MXMVX vs. MXBIX
MXMVX (Great-West Mid Cap Value Fund) and MXBIX (Great-West Bond Index Fund) are both mutual funds - MXMVX is a Mid Cap Value Equities fund managed by Great-West, while MXBIX is a Intermediate Core Bond fund managed by Great-West. Over the past 10 years, MXMVX returned 8.16%/yr vs 0.92%/yr for MXBIX. At a correlation of -0.15, they often move in opposite directions. MXMVX charges 1.15%/yr vs 0.50%/yr for MXBIX.
Performance
MXMVX vs. MXBIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MXMVX achieves a 15.07% return, which is significantly higher than MXBIX's 0.15% return. Over the past 10 years, MXMVX has outperformed MXBIX with an annualized return of 8.16%, while MXBIX has yielded a comparatively lower 0.92% 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%
MXBIX
- 1D
- -0.23%
- 1M
- 0.54%
- YTD
- 0.15%
- 6M
- 0.23%
- 1Y
- 3.73%
- 3Y*
- 3.42%
- 5Y*
- -0.53%
- 10Y*
- 0.92%
MXMVX vs. MXBIX - 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% |
MXBIX Great-West Bond Index Fund | 0.15% | 6.62% | 0.82% | 5.02% | -13.69% | -2.33% | 7.10% | 8.09% | -0.26% | 2.56% |
Correlation
The correlation between MXMVX and MXBIX is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 16, 2008 | -0.15 |
The correlation between MXMVX and MXBIX shifts across timeframes, from -0.15 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MXMVX vs. MXBIX — Risk / Return Rank
MXMVX
MXBIX
MXMVX vs. MXBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Mid Cap Value Fund (MXMVX) and Great-West Bond Index Fund (MXBIX). 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 | MXBIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.20 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 1.46 | +2.13 |
| Martin ratioReturn relative to average drawdown | 12.67 | 4.06 | +8.61 |
Loading charts...
Drawdowns
MXMVX vs. MXBIX - Drawdown Comparison
The maximum MXMVX drawdown since its inception was -57.13%, which is greater than MXBIX's maximum drawdown of -19.74%. Use the drawdown chart below to compare losses from any high point for MXMVX and MXBIX.
Loading charts...
Drawdown Indicators
| MXMVX | MXBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.13% | -19.74% | -37.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.45% | -2.87% | -4.58% |
Max Drawdown (3Y)Largest decline over 3 years | -20.78% | -6.35% | -14.43% |
Max Drawdown (5Y)Largest decline over 5 years | -34.69% | -18.70% | -15.99% |
Max Drawdown (10Y)Largest decline over 10 years | -45.46% | -19.74% | -25.72% |
Current DrawdownCurrent decline from peak | -0.25% | -5.41% | +5.16% |
Average DrawdownAverage peak-to-trough decline | -12.47% | -5.88% | -6.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.02% | +1.07% |
Volatility
MXMVX vs. MXBIX - Volatility Comparison
Great-West Mid Cap Value Fund (MXMVX) has a higher volatility of 4.29% compared to Great-West Bond Index Fund (MXBIX) at 1.03%. This indicates that MXMVX's price experiences larger fluctuations and is considered to be riskier than MXBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MXMVX | MXBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.29% | 1.03% | +3.26% |
Volatility (6M)Calculated over the trailing 6-month period | 9.92% | 2.70% | +7.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 3.72% | +9.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.68% | 6.05% | +13.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.60% | 4.94% | +15.66% |
MXMVX vs. MXBIX - Expense Ratio Comparison
MXMVX has a 1.15% expense ratio, which is higher than MXBIX's 0.50% expense ratio.
Dividends
MXMVX vs. MXBIX - Dividend Comparison
MXMVX's dividend yield for the trailing twelve months is around 5.20%, more than MXBIX's 2.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
MXBIX Great-West Bond Index Fund | 2.77% | 2.78% | 2.42% | 1.98% | 1.32% | 1.51% | 2.83% | 1.06% | 1.33% | 0.70% |
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% |
Frequently Asked Questions
MXMVX and MXBIX have a correlation of 0.36, 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 MXBIX (1.03%). In terms of maximum drawdown, MXMVX dropped -57.13% vs MXBIX's -19.74%.
MXMVX currently has the higher Sharpe Ratio (2.00 vs 1.13), 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.
Find the right allocation for MXMVX and MXBIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer