MXVIX vs. MXMGX
Compare and contrast key facts about Great-West S&P 500 Index Fund (MXVIX) and Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX).
MXVIX is managed by Great-West. It was launched on Sep 8, 2003. MXMGX is managed by T. Rowe Price. It was launched on Jul 1, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXVIX or MXMGX.
Key characteristics
| MXVIX | MXMGX | |
|---|---|---|
| YTD Return | 26.05% | 12.16% |
| 1Y Return | 37.44% | 24.70% |
| 3Y Return (Ann) | 9.42% | -2.21% |
| 5Y Return (Ann) | 15.33% | 6.12% |
| 10Y Return (Ann) | 12.27% | 5.41% |
| Sharpe Ratio | 3.02 | 1.78 |
| Sortino Ratio | 4.01 | 2.44 |
| Omega Ratio | 1.57 | 1.31 |
| Calmar Ratio | 4.45 | 0.90 |
| Martin Ratio | 20.00 | 8.19 |
| Ulcer Index | 1.88% | 3.01% |
| Daily Std Dev | 12.44% | 13.83% |
| Max Drawdown | -33.82% | -35.88% |
| Current Drawdown | 0.00% | -8.38% |
Correlation
The correlation between MXVIX and MXMGX is 0.90, 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. MXMGX - Performance Comparison
In the year-to-date period, MXVIX achieves a 26.05% return, which is significantly higher than MXMGX's 12.16% return. Over the past 10 years, MXVIX has outperformed MXMGX with an annualized return of 12.27%, while MXMGX has yielded a comparatively lower 5.41% 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. MXMGX - Expense Ratio Comparison
MXVIX has a 0.51% expense ratio, which is lower than MXMGX's 1.02% expense ratio.
Risk-Adjusted Performance
MXVIX vs. MXMGX - 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 T. Rowe Price Mid Cap Growth Fund (MXMGX). 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. MXMGX - Dividend Comparison
MXVIX's dividend yield for the trailing twelve months is around 0.22%, while MXMGX has not paid dividends to shareholders.
| 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% |
MXMGX Great-West T. Rowe Price Mid Cap Growth Fund | 0.00% | 0.00% | 0.02% | 0.18% | 0.00% | 0.01% | 0.10% | 0.31% | 0.05% | 0.02% | 0.82% | 0.05% |
Drawdowns
MXVIX vs. MXMGX - Drawdown Comparison
The maximum MXVIX drawdown since its inception was -33.82%, smaller than the maximum MXMGX drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for MXVIX and MXMGX. For additional features, visit the drawdowns tool.
Volatility
MXVIX vs. MXMGX - Volatility Comparison
Great-West S&P 500 Index Fund (MXVIX) has a higher volatility of 3.92% compared to Great-West T. Rowe Price Mid Cap Growth Fund (MXMGX) at 3.67%. This indicates that MXVIX's price experiences larger fluctuations and is considered to be riskier than MXMGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.