MXVIX vs. FXAIX
Compare and contrast key facts about Great-West S&P 500 Index Fund (MXVIX) and Fidelity 500 Index Fund (FXAIX).
MXVIX is managed by Great-West. It was launched on Sep 8, 2003. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXVIX or FXAIX.
Correlation
The correlation between MXVIX and FXAIX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MXVIX vs. FXAIX - Performance Comparison
Key characteristics
MXVIX:
1.98
FXAIX:
2.16
MXVIX:
2.63
FXAIX:
2.88
MXVIX:
1.37
FXAIX:
1.40
MXVIX:
3.07
FXAIX:
3.26
MXVIX:
12.92
FXAIX:
14.06
MXVIX:
2.01%
FXAIX:
1.96%
MXVIX:
13.07%
FXAIX:
12.72%
MXVIX:
-33.82%
FXAIX:
-33.79%
MXVIX:
-3.62%
FXAIX:
-2.87%
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with MXVIX at 0.48% and FXAIX at 0.48%. Over the past 10 years, MXVIX has underperformed FXAIX with an annualized return of 12.12%, while FXAIX has yielded a comparatively higher 13.06% annualized return.
MXVIX
0.48%
-3.62%
5.60%
24.18%
13.59%
12.12%
FXAIX
0.48%
-2.87%
6.66%
25.76%
14.36%
13.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MXVIX vs. FXAIX - Expense Ratio Comparison
MXVIX has a 0.51% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
MXVIX vs. FXAIX — Risk-Adjusted Performance Rank
MXVIX
FXAIX
MXVIX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West S&P 500 Index Fund (MXVIX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
MXVIX vs. FXAIX - Dividend Comparison
MXVIX's dividend yield for the trailing twelve months is around 0.11%, less than FXAIX's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXVIX Great-West S&P 500 Index Fund | 0.11% | 0.11% | 0.43% | 0.39% | 0.35% | 0.68% | 0.66% | 0.92% | 0.80% | 0.90% | 1.26% | 1.48% |
FXAIX Fidelity 500 Index Fund | 1.24% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
MXVIX vs. FXAIX - Drawdown Comparison
The maximum MXVIX drawdown since its inception was -33.82%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for MXVIX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
MXVIX vs. FXAIX - Volatility Comparison
Great-West S&P 500 Index Fund (MXVIX) has a higher volatility of 5.29% compared to Fidelity 500 Index Fund (FXAIX) at 4.48%. This indicates that MXVIX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.