MXXLX vs. URSIX

Last updated Jul 22, 2026

MXXLX (Great-West Lifetime 2055 Fund) and URSIX (USAA Target Retirement 2060 Fund) are both Target Retirement Date funds. Over the past 10 years, MXXLX returned 9.24%/yr vs 10.13%/yr for URSIX. Their correlation of 0.86 suggests significant overlap in exposure. MXXLX charges 0.57%/yr vs 0.10%/yr for URSIX.

Performance

MXXLX vs. URSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Great-West Lifetime 2055 Fund (MXXLX) and USAA Target Retirement 2060 Fund (URSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MXXLX achieves a 9.43% return, which is significantly lower than URSIX's 12.08% return. Over the past 10 years, MXXLX has underperformed URSIX with an annualized return of 9.24%, while URSIX has yielded a comparatively higher 10.13% annualized return.

MXXLX

• 1D: -0.45%
• 1M: -1.44%
• 6M: 7.81%
• YTD: 9.43%
• 1Y: 17.64%
• 3Y*: 14.04%
• 5Y*: 7.47%
• 10Y*: 9.24%
• ALL TIME*: 7.80%

URSIX

• 1D: -0.34%
• 1M: -0.96%
• 6M: 10.46%
• YTD: 12.08%
• 1Y: 22.19%
• 3Y*: 16.75%
• 5Y*: 9.59%
• 10Y*: 10.13%
• ALL TIME*: 8.88%

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

MXXLX vs. URSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXXLX Great-West Lifetime 2055 Fund	9.43%	17.54%	10.65%	17.25%	-17.19%	16.12%	13.57%	25.75%	-13.05%	21.19%
URSIX USAA Target Retirement 2060 Fund	12.08%	19.62%	13.05%	18.22%	-15.78%	17.70%	10.17%	20.09%	-9.17%	19.52%

Correlation

The correlation between MXXLX and URSIX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jul 22, 2013	0.86

The correlation between MXXLX and URSIX shifts across timeframes, from 0.83 (10 years) to 0.95 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

MXXLX vs. URSIX — Risk / Return Rank

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

MXXLX

MXXLX Risk / Return Rank: 46
MXXLX Sharpe Ratio Rank: 44
MXXLX Sortino Ratio Rank: 45
MXXLX Omega Ratio Rank: 44
MXXLX Calmar Ratio Rank: 45
MXXLX Martin Ratio Rank: 54

URSIX

URSIX Risk / Return Rank: 75
URSIX Sharpe Ratio Rank: 73
URSIX Sortino Ratio Rank: 71
URSIX Omega Ratio Rank: 70
URSIX Calmar Ratio Rank: 76
URSIX Martin Ratio Rank: 84

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.

MXXLX vs. URSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Great-West Lifetime 2055 Fund (MXXLX) and USAA Target Retirement 2060 Fund (URSIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MXXLX	URSIX	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.83	-0.43
Sortino ratio: Return per unit of downside risk	2.02	2.59	-0.57
Omega ratio: Gain probability vs. loss probability	1.26	1.33	-0.08
Calmar ratio: Return relative to maximum drawdown	1.96	2.72	-0.76
Martin ratio: Return relative to average drawdown	8.22	11.64	-3.42

MXXLX vs. URSIX - Sharpe Ratio Comparison

The current MXXLX Sharpe Ratio is 1.41, which is comparable to the URSIX Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of MXXLX and URSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MXXLX vs. URSIX - Drawdown Comparison

The maximum MXXLX drawdown since its inception was -33.59%, which is greater than URSIX's maximum drawdown of -30.33%. Use the drawdown chart below to compare losses from any high point for MXXLX and URSIX.

Drawdown Indicators

	MXXLX	URSIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.59%	-30.33%	-3.26%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-8.32%	-0.79%
Max Drawdown (3Y) Largest decline over 3 years	-15.05%	-14.35%	-0.70%
Max Drawdown (5Y) Largest decline over 5 years	-28.94%	-23.85%	-5.09%
Max Drawdown (10Y) Largest decline over 10 years	-33.59%	-30.33%	-3.26%
Current Drawdown Current decline from peak	-1.97%	-1.56%	-0.41%
Average Drawdown Average peak-to-trough decline	-6.98%	-4.41%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	1.94%	+0.23%

Volatility

MXXLX vs. URSIX - Volatility Comparison

Great-West Lifetime 2055 Fund (MXXLX) and USAA Target Retirement 2060 Fund (URSIX) have volatilities of 3.10% and 3.02%, 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

	MXXLX	URSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.10%	3.02%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	10.15%	10.31%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	12.71%	12.35%	+0.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	14.20%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.39%	14.51%	+1.88%

MXXLX vs. URSIX - Expense Ratio Comparison

MXXLX has a 0.57% expense ratio, which is higher than URSIX's 0.10% expense ratio.

Dividends

MXXLX vs. URSIX - Dividend Comparison

MXXLX's dividend yield for the trailing twelve months is around 2.72%, less than URSIX's 4.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MXXLX Great-West Lifetime 2055 Fund	2.72%	2.97%	4.27%	3.42%	7.87%	8.92%	5.05%	9.47%	10.16%	2.95%	0.00%	0.00%
URSIX USAA Target Retirement 2060 Fund	4.99%	5.60%	2.55%	2.89%	10.97%	7.07%	4.79%	5.88%	4.77%	3.82%	3.01%	1.73%

Frequently Asked Questions

Can I hold both MXXLX and URSIX in my portfolio?

With a correlation of 0.95, MXXLX and URSIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MXXLX or URSIX?

MXXLX has higher volatility (3.10%) compared to URSIX (3.02%). In terms of maximum drawdown, MXXLX dropped -33.59% vs URSIX's -30.33%.

Which has better risk-adjusted returns?

URSIX currently has the higher Sharpe Ratio (1.83 vs 1.41), 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.