Correlation
The correlation between MXREX and MXMVX is 0.56, 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.
MXREX vs. MXMVX
Compare and contrast key facts about Great-West Real Estate Index Fund (MXREX) and Great-West Mid Cap Value Fund (MXMVX).
MXREX is managed by Great-West. It was launched on Nov 27, 2012. MXMVX is managed by Great-West. It was launched on May 15, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXREX or MXMVX.
Performance
MXREX vs. MXMVX - Performance Comparison
Loading data...
Key characteristics
MXREX:
0.65
MXMVX:
0.42
MXREX:
1.02
MXMVX:
0.70
MXREX:
1.15
MXMVX:
1.10
MXREX:
0.63
MXMVX:
0.38
MXREX:
2.39
MXMVX:
1.31
MXREX:
5.83%
MXMVX:
6.01%
MXREX:
20.72%
MXMVX:
19.40%
MXREX:
-43.89%
MXMVX:
-45.46%
MXREX:
-10.38%
MXMVX:
-7.37%
Returns By Period
In the year-to-date period, MXREX achieves a 0.08% return, which is significantly higher than MXMVX's -1.16% return. Over the past 10 years, MXREX has underperformed MXMVX with an annualized return of 4.33%, while MXMVX has yielded a comparatively higher 7.69% annualized return.
MXREX
0.08%
1.77%
-7.64%
13.43%
1.69%
8.37%
4.33%
MXMVX
-1.16%
4.85%
-7.37%
6.69%
6.78%
14.07%
7.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MXREX vs. MXMVX - Expense Ratio Comparison
MXREX has a 0.70% expense ratio, which is lower than MXMVX's 1.15% expense ratio.
Risk-Adjusted Performance
MXREX vs. MXMVX — Risk-Adjusted Performance Rank
MXREX
MXMVX
MXREX vs. MXMVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Real Estate Index Fund (MXREX) and Great-West Mid Cap Value Fund (MXMVX). 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
MXREX vs. MXMVX - Dividend Comparison
MXREX's dividend yield for the trailing twelve months is around 6.73%, less than MXMVX's 9.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXREX Great-West Real Estate Index Fund | 6.73% | 6.73% | 1.83% | 4.68% | 1.93% | 1.60% | 4.55% | 4.11% | 4.31% | 8.97% | 6.32% | 3.28% |
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% |
Drawdowns
MXREX vs. MXMVX - Drawdown Comparison
The maximum MXREX drawdown since its inception was -43.89%, roughly equal to the maximum MXMVX drawdown of -45.46%. Use the drawdown chart below to compare losses from any high point for MXREX and MXMVX.
Loading data...
Volatility
MXREX vs. MXMVX - Volatility Comparison
The current volatility for Great-West Real Estate Index Fund (MXREX) is 4.94%, while Great-West Mid Cap Value Fund (MXMVX) has a volatility of 5.34%. This indicates that MXREX experiences smaller price fluctuations and is considered to be less risky than MXMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...