MXSDX vs. STBFX

Last updated Aug 5, 2026

MXSDX (Great-West Short Duration Bond Fund) and STBFX (Sextant Short Term Bond Fund) are both Short-Term Bond funds. Their 0.51 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.60% expense ratio.

Performance

MXSDX vs. STBFX - Performance Comparison

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

Returns By Period

MXSDX

• 1D: 0.09%
• 1M: 0.00%
• 6M: 0.67%
• YTD: 0.95%
• 1Y: 2.80%
• 3Y*: 4.54%
• 5Y*: 2.19%
• 10Y*: 2.23%
• ALL TIME*: 0.92%

STBFX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MXSDX Great-West Short Duration Bond Fund	$0.00	$0.00	$0.00

MXSDX vs. STBFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXSDX Great-West Short Duration Bond Fund	0.95%	5.30%	4.24%	5.67%	-4.25%	-0.03%	4.64%	5.40%	0.73%	1.39%
STBFX Sextant Short Term Bond Fund	0.28%	4.92%	3.87%	3.79%	-4.16%	-1.09%	3.42%	4.03%	1.09%	0.50%

Correlation

The correlation between MXSDX and STBFX is 0.26, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.26
Correlation (3Y) Balances recent behavior with more history.	0.43
Correlation (5Y) Shows whether the relationship held over a longer period.	0.56
Correlation (10Y) Provides a long-term view across more market conditions.	0.48
Correlation (All Time) Calculated using the full available price history since Nov 8, 2002	0.51

Over the past year, the correlation between MXSDX and STBFX has dropped to 0.26 - well below their long-term average of 0.51, suggesting their price drivers have been diverging.

Return for Risk

MXSDX vs. STBFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MXSDX

MXSDX Risk / Return Rank: 94
MXSDX Sharpe Ratio Rank: 93
MXSDX Sortino Ratio Rank: 95
MXSDX Omega Ratio Rank: 96
MXSDX Calmar Ratio Rank: 91
MXSDX Martin Ratio Rank: 94

STBFX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MXSDX vs. STBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Short Duration Bond Fund (MXSDX) and Sextant Short Term Bond Fund (STBFX). 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.

	MXSDX	STBFX	Difference
Sharpe ratio: Return per unit of total volatility	2.54	—	—
Sortino ratio: Return per unit of downside risk	3.96	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	3.90	—	—
Martin ratio: Return relative to average drawdown	15.76	—	—

Drawdowns

Drawdown Indicators

	MXSDX	STBFX	Difference
Max Drawdown Largest peak-to-trough decline	-10.81%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.85%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.30%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.63%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-7.78%	—	—
Current Drawdown Current decline from peak	-0.09%	—	—
Average Drawdown Average peak-to-trough decline	-3.01%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.21%	—	—

Volatility

Volatility by Period

	MXSDX	STBFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.31%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.12%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.01%	—	—

MXSDX vs. STBFX - Expense Ratio Comparison

Both MXSDX and STBFX have an expense ratio of 0.60%.

Dividends

MXSDX vs. STBFX - Dividend Comparison

MXSDX's dividend yield for the trailing twelve months is around 3.06%, more than STBFX's 2.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
STBFX Sextant Short Term Bond Fund	2.06%	3.17%	2.77%	1.84%	1.04%	1.07%	1.60%	1.75%	1.47%	1.30%	1.06%	1.07%

Frequently Asked Questions

Can I hold both MXSDX and STBFX in my portfolio?

MXSDX and STBFX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.