MXVIX vs. VOO
Compare and contrast key facts about Great-West S&P 500 Index Fund (MXVIX) and Vanguard S&P 500 ETF (VOO).
MXVIX is managed by Great-West. It was launched on Sep 8, 2003. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MXVIX or VOO.
Key characteristics
| MXVIX | VOO | |
|---|---|---|
| YTD Return | 26.35% | 26.94% |
| 1Y Return | 34.24% | 35.06% |
| 3Y Return (Ann) | 9.64% | 10.23% |
| 5Y Return (Ann) | 15.18% | 15.77% |
| 10Y Return (Ann) | 12.28% | 13.41% |
| Sharpe Ratio | 2.98 | 3.08 |
| Sortino Ratio | 3.95 | 4.09 |
| Omega Ratio | 1.56 | 1.58 |
| Calmar Ratio | 4.35 | 4.46 |
| Martin Ratio | 19.58 | 20.36 |
| Ulcer Index | 1.88% | 1.85% |
| Daily Std Dev | 12.33% | 12.23% |
| Max Drawdown | -33.82% | -33.99% |
| Current Drawdown | -0.26% | -0.25% |
Correlation
The correlation between MXVIX and VOO 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. VOO - Performance Comparison
The year-to-date returns for both investments are quite close, with MXVIX having a 26.35% return and VOO slightly higher at 26.94%. Over the past 10 years, MXVIX has underperformed VOO with an annualized return of 12.28%, while VOO has yielded a comparatively higher 13.41% 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. VOO - Expense Ratio Comparison
MXVIX has a 0.51% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MXVIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great-West S&P 500 Index Fund (MXVIX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
MXVIX's dividend yield for the trailing twelve months is around 0.22%, less than VOO's 1.23% 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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
MXVIX vs. VOO - Drawdown Comparison
The maximum MXVIX drawdown since its inception was -33.82%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MXVIX and VOO. For additional features, visit the drawdowns tool.
Volatility
MXVIX vs. VOO - Volatility Comparison
Great-West S&P 500 Index Fund (MXVIX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.75% and 3.78%, 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.