MXSHX vs. MXVIX

Last updated Jun 3, 2026

MXSHX (Great-West SecureFoundation Balanced Fund) and MXVIX (Great-West S&P 500 Index Fund) are both mutual funds - MXSHX is a Diversified Portfolio fund managed by Great-West, while MXVIX is a Large Cap Blend Equities fund managed by Great-West. Over the past 10 years, MXSHX returned 7.13%/yr vs 14.69%/yr for MXVIX. Their correlation of 0.82 suggests significant overlap in exposure. MXSHX charges 0.53%/yr vs 0.51%/yr for MXVIX.

Performance

MXSHX vs. MXVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West SecureFoundation Balanced Fund (MXSHX) and Great-West S&P 500 Index Fund (MXVIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MXSHX achieves a 7.89% return, which is significantly lower than MXVIX's 11.37% return. Over the past 10 years, MXSHX has underperformed MXVIX with an annualized return of 7.13%, while MXVIX has yielded a comparatively higher 14.69% annualized return.

MXSHX

• 1D: 0.13%
• 1M: 2.45%
• YTD: 7.89%
• 6M: 8.60%
• 1Y: 18.61%
• 3Y*: 12.12%
• 5Y*: 5.55%
• 10Y*: 7.13%

MXVIX

• 1D: 0.27%
• 1M: 5.20%
• YTD: 11.37%
• 6M: 11.69%
• 1Y: 28.96%
• 3Y*: 22.07%
• 5Y*: 13.60%
• 10Y*: 14.69%

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

MXSHX vs. MXVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXSHX Great-West SecureFoundation Balanced Fund	7.89%	12.78%	7.76%	13.40%	-14.56%	11.15%	13.55%	18.39%	-7.74%	12.83%
MXVIX Great-West S&P 500 Index Fund	11.37%	17.30%	24.31%	25.57%	-18.56%	29.04%	16.96%	30.84%	-5.32%	21.05%

Correlation

The correlation between MXSHX and MXVIX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Nov 17, 2009	0.82

The correlation between MXSHX and MXVIX has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

Return for Risk

MXSHX vs. MXVIX — Risk / Return Rank

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

MXSHX

MXSHX Risk / Return Rank: 57
MXSHX Sharpe Ratio Rank: 55
MXSHX Sortino Ratio Rank: 56
MXSHX Omega Ratio Rank: 55
MXSHX Calmar Ratio Rank: 58
MXSHX Martin Ratio Rank: 62

MXVIX

MXVIX Risk / Return Rank: 78
MXVIX Sharpe Ratio Rank: 81
MXVIX Sortino Ratio Rank: 73
MXVIX Omega Ratio Rank: 72
MXVIX Calmar Ratio Rank: 76
MXVIX Martin Ratio Rank: 85

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.

MXSHX vs. MXVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West SecureFoundation Balanced Fund (MXSHX) and Great-West S&P 500 Index Fund (MXVIX). 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.

	MXSHX	MXVIX	Difference
Sharpe ratio Return per unit of total volatility	2.19	2.63	-0.44
Sortino ratio Return per unit of downside risk	3.17	3.57	-0.40
Omega ratio Gain probability vs. loss probability	1.41	1.48	-0.07
Calmar ratio Return relative to maximum drawdown	2.92	3.48	-0.55
Martin ratio Return relative to average drawdown	12.24	16.21	-3.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MXSHX vs. MXVIX - Sharpe Ratio Comparison

The current MXSHX Sharpe Ratio is 2.19, which is comparable to the MXVIX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of MXSHX and MXVIX, 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

	MXSHX	MXVIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	2.63	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.81	-0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.81	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.48	+0.05

Drawdowns

MXSHX vs. MXVIX - Drawdown Comparison

The maximum MXSHX drawdown since its inception was -23.44%, smaller than the maximum MXVIX drawdown of -58.12%. Use the drawdown chart below to compare losses from any high point for MXSHX and MXVIX.

Drawdown Indicators

	MXSHX	MXVIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.44%	-58.12%	+34.68%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-8.94%	+2.54%
Max Drawdown (3Y) Largest decline over 3 years	-10.68%	-19.07%	+8.39%
Max Drawdown (5Y) Largest decline over 5 years	-23.44%	-24.74%	+1.30%
Max Drawdown (10Y) Largest decline over 10 years	-23.44%	-33.82%	+10.38%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.01%	-8.68%	+4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	1.92%	-0.39%

Volatility

MXSHX vs. MXVIX - Volatility Comparison

Great-West SecureFoundation Balanced Fund (MXSHX) and Great-West S&P 500 Index Fund (MXVIX) have volatilities of 2.75% and 2.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MXSHX	MXVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.75%	2.82%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	6.71%	8.98%	-2.27%
Volatility (1Y) Calculated over the trailing 1-year period	8.58%	11.81%	-3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.22%	17.18%	-5.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.21%	18.21%	-7.00%

MXSHX vs. MXVIX - Expense Ratio Comparison

MXSHX has a 0.53% expense ratio, which is higher than MXVIX's 0.51% expense ratio.

Dividends

MXSHX vs. MXVIX - Dividend Comparison

MXSHX's dividend yield for the trailing twelve months is around 3.31%, more than MXVIX's 0.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXSHX Great-West SecureFoundation Balanced Fund	3.31%	3.57%	7.40%	3.48%	6.32%	8.80%	5.40%	7.08%	6.39%	1.83%
MXVIX Great-West S&P 500 Index Fund	0.34%	0.38%	0.95%	5.22%	1.25%	4.97%	8.27%	5.11%	10.56%	2.06%

Frequently Asked Questions

Can I hold both MXSHX and MXVIX in my portfolio?

MXSHX and MXVIX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MXSHX or MXVIX?

MXVIX has higher volatility (2.82%) compared to MXSHX (2.75%). In terms of maximum drawdown, MXSHX dropped -23.44% vs MXVIX's -58.12%.

Which has better risk-adjusted returns?

MXVIX currently has the higher Sharpe Ratio (2.63 vs 2.19), 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.