MXCOX Performance — Empower Bond Index Fund, Institutional Class
Data updated: 2026-08-20
MXCOX returned +0.72% year to date and +3.63% over one year to Jun 2026. Annualised returns are +3.96% over 3 years and −0.43% over 5 years. The fund trailed its Intermediate Core Bond category average: $100 invested three years ago grew to $112, against $115 for the category, and to $104 over one year, against $104. Volatility over the past three years was 5.52% a year. In the 12 months to Jun 2026 the fund took in a net $3.4B, and assets reached $5.18B.
MXCOX Growth of $100
What $100 invested in Empower Bond Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | MXCOX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $115 |
| 5 years (Jul 2021 – Jun 2026) | $98 | $102 |
| Since data start (Jul 2019 – Jun 2026) | $106 | $112 |
MXCOX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.72% |
| 1 year | +3.63% |
| 3 years (annualised) | +3.96% |
| 5 years (annualised) | −0.43% |
MXCOX Annual Returns
Calendar-year total returns of Empower Bond Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.72% |
| 2025 | +6.94% |
| 2024 | +1.22% |
| 2023 | +3.91% |
| 2022 | −13.44% |
| 2021 | −1.98% |
| 2020 | +7.52% |
| 2019 (Jul–Dec) | +2.35% |
MXCOX 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 | +0.2% | +1.7% | −1.9% | +0.2% | +0.2% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.5% | +2.2% | 0.0% | +0.4% | −0.7% | +1.6% | −0.2% | +1.1% | +1.1% | +0.6% | +0.6% | −0.3% |
| 2024 | −0.2% | −1.4% | +0.9% | −2.4% | +1.6% | +1.0% | +2.4% | +1.4% | +1.3% | −2.5% | +1.1% | −1.6% |
| 2023 | +3.3% | −2.6% | +2.4% | −0.7% | −1.2% | −0.3% | −0.1% | −0.7% | −2.5% | −1.6% | +4.5% | +3.7% |
| 2022 | −2.0% | −1.1% | −2.8% | −3.9% | +0.7% | −1.6% | +2.4% | −2.8% | −4.3% | −1.3% | +3.7% | −0.8% |
| 2021 | −0.7% | −1.5% | −1.3% | +0.8% | +0.2% | +0.7% | +1.2% | −0.2% | −1.0% | −0.1% | +0.3% | −0.4% |
| 2020 | +2.1% | +1.8% | −0.4% | +1.6% | +0.5% | +0.6% | +1.5% | −0.9% | −0.1% | −0.5% | +1.1% | +0.1% |
| 2019 | — | — | — | — | — | — | +0.3% | +2.6% | −0.6% | +0.3% | −0.1% | −0.2% |
MXCOX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.52%
- 3-year Sharpe ratio: -0.10 (vs 4.5% risk-free rate)
- Best month: +4.49% (Nov 2023)
- Worst month: −2.52% (Oct 2024)
MXCOX Fund Flows
Monthly money in and out of Empower Bond Index Fund, from SEC Form N-PORT.
- 12-month net flow: $3.4B
- 12-month gross sales (incl. reinvestments): $9.0B
- Sales ÷ redemptions: 1.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $765.0M | $401.4M | $363.6M |
| May 2026 | $570.0M | $337.4M | $232.7M |
| Apr 2026 | $456.0M | $263.2M | $192.8M |
| Mar 2026 | $356.6M | $198.5M | $158.1M |
| Feb 2026 | $255.7M | $118.9M | $136.8M |
| Jan 2026 | $133.3M | $64.0M | $69.2M |
| Dec 2025 | $1.5B | $845.0M | $654.9M |
| Nov 2025 | $1.2B | $786.5M | $442.5M |
| Oct 2025 | $1.1B | $735.1M | $387.0M |
| Sep 2025 | $992.6M | $666.3M | $326.3M |
| Aug 2025 | $843.5M | $612.4M | $231.1M |
| Jul 2025 | $742.9M | $558.8M | $184.1M |
MXCOX Assets Under Management
Net assets of Empower Bond Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $5.18B |
| 2026-03-31 | $4.94B |
| 2025-12-31 | $4.78B |
| 2025-09-30 | $4.56B |
| 2025-06-30 | $4.28B |
| 2025-03-31 | $4.15B |
| 2024-12-31 | $4.00B |
| 2024-09-30 | $4.01B |
| 2024-06-30 | $3.75B |
| 2024-03-31 | $3.66B |
| 2023-12-31 | $3.61B |
| 2023-09-30 | $3.58B |
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.