MXAGX Performance — Empower Lifetime 2020 Fund, Investor Class
Data updated: 2026-08-20
MXAGX returned +5.35% year to date and +10.66% over one year to Jun 2026. Annualised returns are +9.31% over 3 years and +4.11% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $131, against $150 for the category, and to $111 over one year, against $118. Volatility over the past three years was 7.17% a year. In the 12 months to Jun 2026 the fund took in a net $212.7M, and assets reached $542.19M.
MXAGX Growth of $100
What $100 invested in Empower Lifetime 2020 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | MXAGX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $111 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $131 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $122 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $152 | $187 |
MXAGX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.35% |
| 1 year | +10.66% |
| 3 years (annualised) | +9.31% |
| 5 years (annualised) | +4.11% |
MXAGX Annual Returns
Calendar-year total returns of Empower Lifetime 2020 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +5.35% |
| 2025 | +10.69% |
| 2024 | +6.95% |
| 2023 | +9.61% |
| 2022 | −12.95% |
| 2021 | +9.17% |
| 2020 | +11.31% |
| 2019 (Jul–Dec) | +4.93% |
MXAGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.5% | +1.4% | −3.7% | +4.3% | +1.6% | +0.4% | — | — | — | — | — | — |
| 2025 | +1.8% | +0.5% | −1.4% | +0.1% | +2.1% | +2.3% | +0.3% | +1.9% | +1.4% | +0.6% | +0.5% | +0.2% |
| 2024 | −0.2% | +1.5% | +2.0% | −2.7% | +2.6% | +0.7% | +2.3% | +1.5% | +1.4% | −2.0% | +2.3% | −2.3% |
| 2023 | +4.8% | −2.2% | +1.5% | −0.6% | −1.3% | +2.7% | +1.8% | −1.6% | −2.9% | −2.0% | +5.6% | +4.0% |
| 2022 | −3.3% | −1.3% | −0.1% | −4.7% | +0.3% | −5.2% | +4.8% | −2.9% | −6.4% | +3.1% | +5.0% | −2.2% |
| 2021 | −0.1% | +1.1% | +1.1% | +2.5% | +0.8% | +0.6% | +0.8% | +1.1% | −2.3% | +2.3% | −1.3% | +2.3% |
| 2020 | −0.1% | −3.6% | −8.7% | +6.6% | +3.2% | +1.7% | +3.3% | +2.4% | −1.6% | −0.8% | +6.6% | +2.8% |
| 2019 | — | — | — | — | — | — | +0.3% | −0.4% | +0.9% | +1.2% | +1.2% | +1.6% |
MXAGX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 7.17%
- 3-year Sharpe ratio: 0.67 (vs 4.5% risk-free rate)
- Best month: +5.65% (Nov 2023)
- Worst month: −3.68% (Mar 2026)
MXAGX Fund Flows
Monthly money in and out of Empower Lifetime 2020 Fund, from SEC Form N-PORT.
- 12-month net flow: $212.7M
- 12-month gross sales (incl. reinvestments): $1.0B
- Sales ÷ redemptions: 1.27×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $61.2M | $62.9M | −$1.7M |
| May 2026 | $50.7M | $51.8M | −$1.1M |
| Apr 2026 | $46.3M | $44.0M | $2.3M |
| Mar 2026 | $39.6M | $31.3M | $8.3M |
| Feb 2026 | $24.0M | $18.2M | $5.8M |
| Jan 2026 | $11.7M | $10.9M | $739K |
| Dec 2025 | $193.3M | $118.6M | $74.7M |
| Nov 2025 | $144.9M | $106.4M | $38.5M |
| Oct 2025 | $127.1M | $99.5M | $27.6M |
| Sep 2025 | $113.2M | $88.8M | $24.4M |
| Aug 2025 | $102.8M | $81.5M | $21.3M |
| Jul 2025 | $85.6M | $73.6M | $11.9M |
MXAGX Assets Under Management
Net assets of Empower Lifetime 2020 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $542.19M |
| 2026-03-31 | $519.97M |
| 2025-12-31 | $516.15M |
| 2025-09-30 | $485.57M |
| 2025-06-30 | $449.00M |
| 2025-03-31 | $425.05M |
| 2024-12-31 | $422.06M |
| 2024-09-30 | $414.33M |
| 2024-06-30 | $389.13M |
| 2024-03-31 | $381.66M |
| 2023-12-31 | $367.62M |
| 2023-09-30 | $356.84M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.