MXMVX vs. MXISX
MXMVX (Great-West Mid Cap Value Fund) and MXISX (Great-West S&P Small Cap 600 Index Fund) are both mutual funds - MXMVX is a Mid Cap Value Equities fund managed by Great-West, while MXISX is a Small Cap Blend Equities fund managed by Great-West. Over the past 10 years, MXMVX returned 7.81%/yr vs 9.95%/yr for MXISX. Their correlation of 0.90 means they have usually moved in the same direction. MXMVX charges 1.15%/yr vs 0.56%/yr for MXISX.
Performance
MXMVX vs. MXISX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MXMVX achieves a 19.12% return, which is significantly lower than MXISX's 23.16% return. Over the past 10 years, MXMVX has underperformed MXISX with an annualized return of 7.81%, while MXISX has yielded a comparatively higher 9.95% annualized return.
MXMVX
- 1D
- 1.15%
- 1M
- 3.01%
- 6M
- 13.32%
- YTD
- 19.12%
- 1Y
- 27.10%
- 3Y*
- 16.05%
- 5Y*
- 6.59%
- 10Y*
- 7.81%
- ALL TIME*
- 5.12%
MXISX
- 1D
- 1.66%
- 1M
- 0.89%
- 6M
- 15.47%
- YTD
- 23.16%
- 1Y
- 35.22%
- 3Y*
- 13.62%
- 5Y*
- 7.35%
- 10Y*
- 9.95%
- ALL TIME*
- 4.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MXMVX vs. MXISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXMVX Great-West Mid Cap Value Fund | 19.12% | 8.32% | 15.59% | 15.15% | -27.98% | 34.87% | -0.99% | 20.49% | -13.76% | 16.62% |
MXISX Great-West S&P Small Cap 600 Index Fund | 23.16% | 5.53% | 7.87% | 14.61% | -16.60% | 26.08% | 10.73% | 21.46% | -9.22% | 11.80% |
Correlation
The correlation between MXMVX and MXISX is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since May 16, 2008 | 0.90 |
The correlation between MXMVX and MXISX has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
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. MXISX — Risk / Return Rank
MXMVX
MXISX
MXMVX vs. MXISX - 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 S&P Small Cap 600 Index Fund (MXISX). 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 | MXISX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 4.07 | -0.37 |
| Martin ratioReturn relative to average drawdown | 13.96 | 13.98 | -0.01 |
Loading charts...
Drawdowns
MXMVX vs. MXISX - Drawdown Comparison
The maximum MXMVX drawdown since its inception was -57.13%, smaller than the maximum MXISX drawdown of -70.66%. Use the drawdown chart below to compare losses from any high point for MXMVX and MXISX.
Loading charts...
Drawdown Indicators
| MXMVX | MXISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.13% | -70.66% | +13.53% |
Max Drawdown (1Y)Largest decline over 1 year | -7.45% | -8.75% | +1.30% |
Max Drawdown (3Y)Largest decline over 3 years | -20.78% | -28.07% | +7.29% |
Max Drawdown (5Y)Largest decline over 5 years | -34.69% | -28.07% | -6.62% |
Max Drawdown (10Y)Largest decline over 10 years | -45.46% | -44.78% | -0.68% |
Current DrawdownCurrent decline from peak | 0.00% | -0.31% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -12.40% | -21.75% | +9.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 2.55% | -0.56% |
Volatility
MXMVX vs. MXISX - Volatility Comparison
The current volatility for Great-West Mid Cap Value Fund (MXMVX) is 3.26%, while Great-West S&P Small Cap 600 Index Fund (MXISX) has a volatility of 3.76%. This indicates that MXMVX experiences smaller price fluctuations and is considered to be less risky than MXISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MXMVX | MXISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 3.76% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 9.90% | 11.73% | -1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.27% | 17.12% | -3.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.61% | 21.61% | -2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.51% | 23.81% | -3.30% |
MXMVX vs. MXISX - Expense Ratio Comparison
MXMVX has a 1.15% expense ratio, which is higher than MXISX's 0.56% expense ratio.
Dividends
MXMVX vs. MXISX - Dividend Comparison
MXMVX's dividend yield for the trailing twelve months is around 5.02%, less than MXISX's 6.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXISX Great-West S&P Small Cap 600 Index Fund | 6.05% | 7.45% | 4.53% | 2.41% | 6.55% | 10.79% | 6.55% | 6.71% | 14.30% | 8.68% | 4.94% | 10.96% |
MXMVX Great-West Mid Cap Value Fund | 5.02% | 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 MXISX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MXISX has higher volatility (3.76%) compared to MXMVX (3.26%). In terms of maximum drawdown, MXMVX dropped -57.13% vs MXISX's -70.66%.
MXISX currently has the higher Sharpe Ratio (2.08 vs 2.08), 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 MXISX
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