MXRLX vs. PLWIX
MXRLX (Great-West Lifetime 2045 Fund) and PLWIX (Principal LifeTime 2020 Fund) are both Target Retirement Date funds. Over the past 10 years, MXRLX returned 9.05%/yr vs 7.07%/yr for PLWIX. Their correlation of 0.88 means they have usually moved in the same direction. MXRLX charges 0.57%/yr vs 0.01%/yr for PLWIX.
Performance
MXRLX vs. PLWIX - Performance Comparison
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Returns By Period
In the year-to-date period, MXRLX achieves a 9.73% return, which is significantly higher than PLWIX's 3.96% return. Over the past 10 years, MXRLX has outperformed PLWIX with an annualized return of 9.05%, while PLWIX has yielded a comparatively lower 7.07% annualized return.
MXRLX
- 1D
- 1.49%
- 1M
- -0.06%
- 6M
- 6.72%
- YTD
- 9.73%
- 1Y
- 19.05%
- 3Y*
- 13.36%
- 5Y*
- 7.15%
- 10Y*
- 9.05%
- ALL TIME*
- 6.66%
PLWIX
- 1D
- 0.72%
- 1M
- -0.16%
- 6M
- 2.52%
- YTD
- 3.96%
- 1Y
- 9.09%
- 3Y*
- 10.38%
- 5Y*
- 4.88%
- 10Y*
- 7.07%
- ALL TIME*
- 5.98%
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 |
MXRLX vs. PLWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MXRLX Great-West Lifetime 2045 Fund | 9.73% | 16.52% | 10.39% | 16.96% | -16.86% | 16.12% | 13.50% | 25.56% | -12.99% | 20.69% |
PLWIX Principal LifeTime 2020 Fund | 3.96% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% | 18.40% | -5.72% | 14.96% |
Correlation
The correlation between MXRLX and PLWIX is 0.92, 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. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since May 4, 2009 | 0.88 |
The correlation between MXRLX and PLWIX shifts across timeframes, from 0.80 (10 years) to 0.92 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MXRLX vs. PLWIX — Risk / Return Rank
MXRLX
PLWIX
MXRLX vs. PLWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2045 Fund (MXRLX) and Principal LifeTime 2020 Fund (PLWIX). 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.
| MXRLX | PLWIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 1.81 | +0.21 |
| Martin ratioReturn relative to average drawdown | 8.21 | 7.75 | +0.46 |
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Drawdowns
MXRLX vs. PLWIX - Drawdown Comparison
The maximum MXRLX drawdown since its inception was -40.66%, smaller than the maximum PLWIX drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for MXRLX and PLWIX.
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Drawdown Indicators
| MXRLX | PLWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.66% | -49.07% | +8.41% |
Max Drawdown (1Y)Largest decline over 1 year | -8.55% | -4.75% | -3.80% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -6.97% | -7.20% |
Max Drawdown (5Y)Largest decline over 5 years | -28.66% | -19.73% | -8.93% |
Max Drawdown (10Y)Largest decline over 10 years | -32.95% | -20.29% | -12.66% |
Current DrawdownCurrent decline from peak | -0.85% | -0.71% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -10.51% | -5.69% | -4.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 1.11% | +0.99% |
Volatility
MXRLX vs. PLWIX - Volatility Comparison
Great-West Lifetime 2045 Fund (MXRLX) has a higher volatility of 2.95% compared to Principal LifeTime 2020 Fund (PLWIX) at 1.73%. This indicates that MXRLX's price experiences larger fluctuations and is considered to be riskier than PLWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MXRLX | PLWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 1.73% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 5.32% | +4.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.67% | 6.39% | +6.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.40% | 8.29% | +7.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.11% | 8.52% | +7.59% |
MXRLX vs. PLWIX - Expense Ratio Comparison
MXRLX has a 0.57% expense ratio, which is higher than PLWIX's 0.01% expense ratio.
Dividends
MXRLX vs. PLWIX - Dividend Comparison
MXRLX's dividend yield for the trailing twelve months is around 4.20%, less than PLWIX's 9.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXRLX Great-West Lifetime 2045 Fund | 4.20% | 4.61% | 6.48% | 4.42% | 9.59% | 10.39% | 5.64% | 10.54% | 11.75% | 3.37% | 0.00% | 0.00% |
PLWIX Principal LifeTime 2020 Fund | 9.70% | 10.08% | 11.91% | 5.12% | 9.82% | 9.40% | 5.90% | 8.69% | 7.35% | 5.74% | 3.73% | 8.75% |
Frequently Asked Questions
With a correlation of 0.92, MXRLX and PLWIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
MXRLX has higher volatility (2.95%) compared to PLWIX (1.73%). In terms of maximum drawdown, MXRLX dropped -40.66% vs PLWIX's -49.07%.
MXRLX currently has the higher Sharpe Ratio (1.36 vs 1.35), 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.
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