MXSDX vs. MXCPX

Last updated Jun 4, 2026

MXSDX (Great-West Short Duration Bond Fund) and MXCPX (Great-West Conservative Profile Fund) are both mutual funds - MXSDX is a Short-Term Bond fund managed by Great-West, while MXCPX is a Diversified Portfolio fund managed by Great-West. Over the past 10 years, MXSDX returned 2.22%/yr vs 3.98%/yr for MXCPX. At a 0.09 correlation, their price movements are largely independent. MXSDX charges 0.60%/yr vs 0.37%/yr for MXCPX.

Performance

MXSDX vs. MXCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Short Duration Bond Fund (MXSDX) and Great-West Conservative Profile Fund (MXCPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MXSDX achieves a 0.67% return, which is significantly lower than MXCPX's 3.87% return. Over the past 10 years, MXSDX has underperformed MXCPX with an annualized return of 2.22%, while MXCPX has yielded a comparatively higher 3.98% annualized return.

MXSDX

• 1D: 0.00%
• 1M: 0.19%
• YTD: 0.67%
• 6M: 1.02%
• 1Y: 3.68%
• 3Y*: 4.63%
• 5Y*: 2.18%
• 10Y*: 2.22%

MXCPX

• 1D: 0.25%
• 1M: 1.26%
• YTD: 3.87%
• 6M: 4.11%
• 1Y: 9.28%
• 3Y*: 7.53%
• 5Y*: 3.16%
• 10Y*: 3.98%

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

MXSDX vs. MXCPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXSDX Great-West Short Duration Bond Fund	0.67%	5.30%	4.24%	5.67%	-4.25%	-0.03%	4.64%	5.40%	0.73%	1.39%
MXCPX Great-West Conservative Profile Fund	3.87%	8.19%	4.95%	8.41%	-10.33%	6.35%	8.07%	11.40%	-3.95%	5.94%

Correlation

The correlation between MXSDX and MXCPX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.26
Correlation (All Time) Calculated using the full available price history since Nov 11, 2002	0.09

Over the past year, MXSDX and MXCPX have become more correlated (0.48) than their long-term average of 0.09, meaning their price movements have been converging.

Return for Risk

MXSDX vs. MXCPX — Risk / Return Rank

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

MXSDX

MXSDX Risk / Return Rank: 91
MXSDX Sharpe Ratio Rank: 88
MXSDX Sortino Ratio Rank: 93
MXSDX Omega Ratio Rank: 93
MXSDX Calmar Ratio Rank: 89
MXSDX Martin Ratio Rank: 91

MXCPX

MXCPX Risk / Return Rank: 49
MXCPX Sharpe Ratio Rank: 48
MXCPX Sortino Ratio Rank: 52
MXCPX Omega Ratio Rank: 54
MXCPX Calmar Ratio Rank: 40
MXCPX Martin Ratio Rank: 49

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.

MXSDX vs. MXCPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Short Duration Bond Fund (MXSDX) and Great-West Conservative Profile Fund (MXCPX). 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.

	MXSDX	MXCPX	Difference
Sharpe ratio: Return per unit of total volatility	2.87	2.04	+0.83
Sortino ratio: Return per unit of downside risk	4.75	3.04	+1.71
Omega ratio: Gain probability vs. loss probability	1.71	1.40	+0.31
Calmar ratio: Return relative to maximum drawdown	4.52	2.40	+2.12
Martin ratio: Return relative to average drawdown	18.64	10.12	+8.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXSDX vs. MXCPX - Sharpe Ratio Comparison

The current MXSDX Sharpe Ratio is 2.87, which is higher than the MXCPX Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of MXSDX and MXCPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MXSDX	MXCPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.87	2.04	+0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.05	0.47	+0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.12	0.61	+0.51
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.10	+0.23

Drawdowns

MXSDX vs. MXCPX - Drawdown Comparison

The maximum MXSDX drawdown since its inception was -10.81%, smaller than the maximum MXCPX drawdown of -35.02%. Use the drawdown chart below to compare losses from any high point for MXSDX and MXCPX.

Drawdown Indicators

	MXSDX	MXCPX	Difference
Max Drawdown Largest peak-to-trough decline	-10.81%	-35.02%	+24.21%
Max Drawdown (1Y) Largest decline over 1 year	-0.85%	-3.88%	+3.03%
Max Drawdown (3Y) Largest decline over 3 years	-1.30%	-5.57%	+4.27%
Max Drawdown (5Y) Largest decline over 5 years	-6.63%	-17.81%	+11.18%
Max Drawdown (10Y) Largest decline over 10 years	-7.78%	-17.81%	+10.03%
Current Drawdown Current decline from peak	-0.09%	0.00%	-0.09%
Average Drawdown Average peak-to-trough decline	-3.03%	-12.53%	+9.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.20%	0.92%	-0.72%

Volatility

MXSDX vs. MXCPX - Volatility Comparison

The current volatility for Great-West Short Duration Bond Fund (MXSDX) is 0.42%, while Great-West Conservative Profile Fund (MXCPX) has a volatility of 1.62%. This indicates that MXSDX experiences smaller price fluctuations and is considered to be less risky than MXCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXSDX	MXCPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.42%	1.62%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	0.89%	3.70%	-2.81%
Volatility (1Y) Calculated over the trailing 1-year period	1.34%	4.57%	-3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.11%	6.72%	-4.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.00%	6.52%	-4.52%

MXSDX vs. MXCPX - Expense Ratio Comparison

MXSDX has a 0.60% expense ratio, which is higher than MXCPX's 0.37% expense ratio.

Dividends

MXSDX vs. MXCPX - Dividend Comparison

MXSDX's dividend yield for the trailing twelve months is around 3.06%, less than MXCPX's 3.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXCPX Great-West Conservative Profile Fund	3.33%	3.45%	4.53%	4.17%	5.70%	5.20%	2.46%	5.62%	5.53%	2.70%
MXSDX Great-West Short Duration Bond Fund	3.06%	3.08%	4.43%	2.31%	1.51%	1.87%	2.14%	2.06%	1.90%	0.70%

Frequently Asked Questions

Can I hold both MXSDX and MXCPX in my portfolio?

MXSDX and MXCPX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MXSDX or MXCPX?

MXCPX has higher volatility (1.62%) compared to MXSDX (0.42%). In terms of maximum drawdown, MXSDX dropped -10.81% vs MXCPX's -35.02%.

Which has better risk-adjusted returns?

MXSDX currently has the higher Sharpe Ratio (2.87 vs 2.04), 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.