MXREX vs. XLE
Compare and contrast key facts about Great-West Real Estate Index Fund (MXREX) and State Street Energy Select Sector SPDR ETF (XLE).
MXREX is managed by Great-West. It was launched on Nov 27, 2012. 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.
Performance
MXREX vs. XLE - Performance Comparison
Loading graphics...
MXREX vs. XLE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXREX Great-West Real Estate Index Fund | 4.34% | 3.16% | 7.47% | 13.31% | -26.44% | 45.80% | -12.52% | 22.41% | -4.92% | 2.25% |
XLE State Street Energy Select Sector SPDR ETF | 32.76% | 7.88% | 5.56% | -0.63% | 64.32% | 53.28% | -32.67% | 11.74% | -18.22% | -0.89% |
Returns By Period
In the year-to-date period, MXREX achieves a 4.34% return, which is significantly lower than XLE's 32.76% return. Over the past 10 years, MXREX has underperformed XLE with an annualized return of 3.08%, while XLE has yielded a comparatively higher 11.23% annualized return.
MXREX
- 1D
- 1.43%
- 1M
- -6.11%
- YTD
- 4.34%
- 6M
- 3.29%
- 1Y
- 6.67%
- 3Y*
- 8.48%
- 5Y*
- 4.86%
- 10Y*
- 3.08%
XLE
- 1D
- -3.74%
- 1M
- 4.06%
- YTD
- 32.76%
- 6M
- 34.01%
- 1Y
- 29.50%
- 3Y*
- 16.22%
- 5Y*
- 23.05%
- 10Y*
- 11.23%
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. XLE - Expense Ratio Comparison
MXREX has a 0.70% expense ratio, which is higher than XLE's 0.08% expense ratio.
Return for Risk
MXREX vs. XLE — Risk / Return Rank
MXREX
XLE
MXREX vs. XLE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Real Estate Index Fund (MXREX) and State Street Energy Select Sector SPDR ETF (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.
| MXREX | XLE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.39 | 1.18 | -0.78 |
Sortino ratioReturn per unit of downside risk | 0.67 | 1.56 | -0.89 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.23 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 1.61 | -1.16 |
Martin ratioReturn relative to average drawdown | 1.96 | 4.23 | -2.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MXREX | XLE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.39 | 1.18 | -0.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.89 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.14 | 0.38 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.31 | -0.12 |
Correlation
The correlation between MXREX and XLE is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
MXREX vs. XLE - Dividend Comparison
MXREX's dividend yield for the trailing twelve months is around 1.98%, less than XLE's 2.53% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXREX Great-West Real Estate Index Fund | 1.98% | 2.07% | 6.74% | 1.85% | 4.69% | 1.93% | 1.60% | 4.51% | 4.10% | 3.36% | 0.00% | 0.00% |
XLE State Street Energy Select Sector SPDR ETF | 2.53% | 3.28% | 3.36% | 3.55% | 3.68% | 4.21% | 5.62% | 6.72% | 3.54% | 3.03% | 2.26% | 3.39% |
Drawdowns
MXREX vs. XLE - Drawdown Comparison
The maximum MXREX drawdown since its inception was -43.89%, smaller than the maximum XLE drawdown of -71.26%. Use the drawdown chart below to compare losses from any high point for MXREX and XLE.
Loading graphics...
Drawdown Indicators
| MXREX | XLE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.89% | -71.26% | +27.37% |
Max Drawdown (1Y)Largest decline over 1 year | -13.36% | -18.79% | +5.43% |
Max Drawdown (5Y)Largest decline over 5 years | -33.06% | -26.04% | -7.02% |
Max Drawdown (10Y)Largest decline over 10 years | -43.89% | -66.81% | +22.92% |
Current DrawdownCurrent decline from peak | -6.11% | -5.74% | -0.37% |
Average DrawdownAverage peak-to-trough decline | -11.77% | -18.05% | +6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 7.15% | -4.10% |
Volatility
MXREX vs. XLE - Volatility Comparison
The current volatility for Great-West Real Estate Index Fund (MXREX) is 4.48%, while State Street Energy Select Sector SPDR ETF (XLE) has a volatility of 6.45%. This indicates that MXREX experiences smaller price fluctuations and is considered to be less risky than XLE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MXREX | XLE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 6.45% | -1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 14.46% | -5.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.89% | 25.21% | -7.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.36% | 26.09% | -6.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.94% | 29.50% | -7.56% |