MXVIX vs. MXISX
Compare and contrast key facts about Great-West S&P 500 Index Fund (MXVIX) and Great-West S&P Small Cap 600 Index Fund (MXISX).
MXVIX is managed by Great-West. It was launched on Sep 8, 2003. MXISX is managed by Great-West. It was launched on Dec 1, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXVIX or MXISX.
Key characteristics
| MXVIX | MXISX | |
|---|---|---|
| YTD Return | 26.05% | 13.55% |
| 1Y Return | 37.44% | 32.37% |
| 3Y Return (Ann) | 9.42% | -3.64% |
| 5Y Return (Ann) | 15.33% | 3.74% |
| 10Y Return (Ann) | 12.27% | 2.08% |
| Sharpe Ratio | 3.02 | 1.49 |
| Sortino Ratio | 4.01 | 2.24 |
| Omega Ratio | 1.57 | 1.27 |
| Calmar Ratio | 4.45 | 0.94 |
| Martin Ratio | 20.00 | 7.79 |
| Ulcer Index | 1.88% | 4.00% |
| Daily Std Dev | 12.44% | 20.95% |
| Max Drawdown | -33.82% | -53.77% |
| Current Drawdown | 0.00% | -10.50% |
Correlation
The correlation between MXVIX and MXISX is 0.82, 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. MXISX - Performance Comparison
In the year-to-date period, MXVIX achieves a 26.05% return, which is significantly higher than MXISX's 13.55% return. Over the past 10 years, MXVIX has outperformed MXISX with an annualized return of 12.27%, while MXISX has yielded a comparatively lower 2.08% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MXVIX vs. MXISX - Expense Ratio Comparison
MXVIX has a 0.51% expense ratio, which is lower than MXISX's 0.56% expense ratio.
Risk-Adjusted Performance
MXVIX vs. MXISX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West S&P 500 Index Fund (MXVIX) and Great-West S&P Small Cap 600 Index Fund (MXISX). 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. MXISX - Dividend Comparison
MXVIX's dividend yield for the trailing twelve months is around 0.22%, more than MXISX's 0.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MXVIX Great-West S&P 500 Index Fund | 0.22% | 0.43% | 0.39% | 0.35% | 0.68% | 0.66% | 0.92% | 0.80% | 0.90% | 1.26% | 1.48% | 1.70% |
MXISX Great-West S&P Small Cap 600 Index Fund | 0.17% | 0.52% | 0.54% | 2.10% | 1.26% | 0.61% | 1.49% | 1.61% | 0.92% | 1.26% | 1.22% | 1.24% |
Drawdowns
MXVIX vs. MXISX - Drawdown Comparison
The maximum MXVIX drawdown since its inception was -33.82%, smaller than the maximum MXISX drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for MXVIX and MXISX. For additional features, visit the drawdowns tool.
Volatility
MXVIX vs. MXISX - Volatility Comparison
The current volatility for Great-West S&P 500 Index Fund (MXVIX) is 3.92%, while Great-West S&P Small Cap 600 Index Fund (MXISX) has a volatility of 7.39%. This indicates that MXVIX experiences smaller price fluctuations and is considered to be less risky than MXISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.