MXMVX vs. MXMDX

Last updated Apr 2, 2026

Compare and contrast key facts about Great-West Mid Cap Value Fund (MXMVX) and Great-West S&P Mid Cap 400 Index Fund (MXMDX).

MXMVX is managed by Great-West. It was launched on May 15, 2008. MXMDX is managed by Great-West. It was launched on Jan 20, 2011.

Performance

MXMVX vs. MXMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Mid Cap Value Fund (MXMVX) and Great-West S&P Mid Cap 400 Index Fund (MXMDX). The values are adjusted to include any dividend payments, if applicable.

MXMVX vs. MXMDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXMVX Great-West Mid Cap Value Fund	2.99%	8.32%	15.59%	15.15%	-27.98%	34.87%	-0.99%	20.49%	-13.76%	16.62%
MXMDX Great-West S&P Mid Cap 400 Index Fund	2.37%	6.90%	13.23%	15.75%	-13.60%	24.25%	12.84%	25.48%	-12.02%	15.01%

Returns By Period

In the year-to-date period, MXMVX achieves a 2.99% return, which is significantly higher than MXMDX's 2.37% return. Over the past 10 years, MXMVX has underperformed MXMDX with an annualized return of 7.02%, while MXMDX has yielded a comparatively higher 9.32% annualized return.

MXMVX

• 1D: 2.33%
• 1M: -5.11%
• YTD: 2.99%
• 6M: 5.26%
• 1Y: 14.72%
• 3Y*: 12.93%
• 5Y*: 4.74%
• 10Y*: 7.02%

MXMDX

• 1D: 2.86%
• 1M: -6.22%
• YTD: 2.37%
• 6M: 3.53%
• 1Y: 16.02%
• 3Y*: 11.42%
• 5Y*: 6.29%
• 10Y*: 9.32%

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

MXMVX vs. MXMDX - Expense Ratio Comparison

MXMVX has a 1.15% expense ratio, which is higher than MXMDX's 0.55% expense ratio.

MXMVX

Great-West Mid Cap Value Fund

MXMDX

Great-West S&P Mid Cap 400 Index Fund

Return for Risk

MXMVX vs. MXMDX — Risk / Return Rank

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

MXMVX

MXMVX Risk / Return Rank: 31
MXMVX Sharpe Ratio Rank: 27
MXMVX Sortino Ratio Rank: 29
MXMVX Omega Ratio Rank: 31
MXMVX Calmar Ratio Rank: 28
MXMVX Martin Ratio Rank: 37

MXMDX

MXMDX Risk / Return Rank: 35
MXMDX Sharpe Ratio Rank: 30
MXMDX Sortino Ratio Rank: 33
MXMDX Omega Ratio Rank: 33
MXMDX Calmar Ratio Rank: 37
MXMDX Martin Ratio Rank: 44

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.

MXMVX vs. MXMDX - 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 Mid Cap 400 Index Fund (MXMDX). 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.

	MXMVX	MXMDX	Difference
Sharpe ratio Return per unit of total volatility	0.77	0.78	-0.01
Sortino ratio Return per unit of downside risk	1.21	1.24	-0.03
Omega ratio Gain probability vs. loss probability	1.18	1.18	0.00
Calmar ratio Return relative to maximum drawdown	1.01	1.13	-0.12
Martin ratio Return relative to average drawdown	4.62	4.93	-0.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXMVX vs. MXMDX - Sharpe Ratio Comparison

The current MXMVX Sharpe Ratio is 0.77, which is comparable to the MXMDX Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of MXMVX and MXMDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MXMVX	MXMDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	0.78	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	0.32	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	0.44	-0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.42	-0.22

Correlation

The correlation between MXMVX and MXMDX is 0.96, 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.

Dividends

MXMVX vs. MXMDX - Dividend Comparison

MXMVX's dividend yield for the trailing twelve months is around 5.81%, less than MXMDX's 6.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXMVX Great-West Mid Cap Value Fund	5.81%	5.98%	9.03%	0.49%	2.55%	3.29%	0.71%	0.17%	7.06%	12.00%
MXMDX Great-West S&P Mid Cap 400 Index Fund	6.50%	6.66%	3.04%	4.76%	4.35%	5.24%	5.74%	3.74%	8.13%	4.51%

Drawdowns

MXMVX vs. MXMDX - Drawdown Comparison

The maximum MXMVX drawdown since its inception was -57.13%, which is greater than MXMDX's maximum drawdown of -41.80%. Use the drawdown chart below to compare losses from any high point for MXMVX and MXMDX.

Drawdown Indicators

	MXMVX	MXMDX	Difference
Max Drawdown Largest peak-to-trough decline	-57.13%	-41.80%	-15.33%
Max Drawdown (1Y) Largest decline over 1 year	-14.03%	-14.12%	+0.09%
Max Drawdown (5Y) Largest decline over 5 years	-34.69%	-24.15%	-10.54%
Max Drawdown (10Y) Largest decline over 10 years	-45.46%	-41.80%	-3.66%
Current Drawdown Current decline from peak	-5.29%	-6.26%	+0.97%
Average Drawdown Average peak-to-trough decline	-12.62%	-6.00%	-6.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	3.47%	-0.23%

Volatility

MXMVX vs. MXMDX - Volatility Comparison

The current volatility for Great-West Mid Cap Value Fund (MXMVX) is 5.17%, while Great-West S&P Mid Cap 400 Index Fund (MXMDX) has a volatility of 6.50%. This indicates that MXMVX experiences smaller price fluctuations and is considered to be less risky than MXMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXMVX	MXMDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.17%	6.50%	-1.33%
Volatility (6M) Calculated over the trailing 6-month period	9.93%	11.83%	-1.90%
Volatility (1Y) Calculated over the trailing 1-year period	20.77%	22.79%	-2.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	20.00%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.56%	21.20%	-0.64%