Correlation
The correlation between MXMVX and XLE is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
MXMVX vs. XLE
Compare and contrast key facts about Great-West Mid Cap Value Fund (MXMVX) and Energy Select Sector SPDR Fund (XLE).
MXMVX is managed by Great-West. It was launched on May 15, 2008. XLE is a passively managed fund by State Street that tracks the performance of the Energy Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXMVX or XLE.
Performance
MXMVX vs. XLE - Performance Comparison
Loading data...
Key characteristics
MXMVX:
0.42
XLE:
-0.29
MXMVX:
0.70
XLE:
-0.30
MXMVX:
1.10
XLE:
0.96
MXMVX:
0.38
XLE:
-0.44
MXMVX:
1.31
XLE:
-1.11
MXMVX:
6.01%
XLE:
7.90%
MXMVX:
19.40%
XLE:
25.24%
MXMVX:
-45.46%
XLE:
-71.54%
MXMVX:
-7.37%
XLE:
-14.82%
Returns By Period
In the year-to-date period, MXMVX achieves a -1.16% return, which is significantly higher than XLE's -4.08% return. Over the past 10 years, MXMVX has outperformed XLE with an annualized return of 7.69%, while XLE has yielded a comparatively lower 4.39% annualized return.
MXMVX
-1.16%
4.85%
-7.37%
6.69%
6.78%
14.07%
7.69%
XLE
-4.08%
0.90%
-13.27%
-9.64%
1.39%
20.92%
4.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MXMVX vs. XLE - Expense Ratio Comparison
MXMVX has a 1.15% expense ratio, which is higher than XLE's 0.13% expense ratio.
Risk-Adjusted Performance
MXMVX vs. XLE — Risk-Adjusted Performance Rank
MXMVX
XLE
MXMVX vs. XLE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Mid Cap Value Fund (MXMVX) and Energy Select Sector SPDR Fund (XLE). 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.
Loading data...
Dividends
MXMVX vs. XLE - Dividend Comparison
MXMVX's dividend yield for the trailing twelve months is around 9.14%, more than XLE's 3.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXMVX Great-West Mid Cap Value Fund | 9.14% | 9.03% | 0.49% | 2.56% | 18.85% | 0.71% | 0.17% | 8.52% | 12.87% | 2.81% | 8.61% | 17.67% |
XLE Energy Select Sector SPDR Fund | 3.51% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 5.73% | 3.54% | 3.03% | 2.26% | 3.39% | 2.35% |
Drawdowns
MXMVX vs. XLE - Drawdown Comparison
The maximum MXMVX drawdown since its inception was -45.46%, smaller than the maximum XLE drawdown of -71.54%. Use the drawdown chart below to compare losses from any high point for MXMVX and XLE.
Loading data...
Volatility
MXMVX vs. XLE - Volatility Comparison
Great-West Mid Cap Value Fund (MXMVX) and Energy Select Sector SPDR Fund (XLE) have volatilities of 5.34% and 5.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...