MXECX Performance — Empower Core Strategies: International Equity Fund, Institutional Class
Data updated: 2026-08-20
MXECX returned +6.30% year to date and +15.32% over one year to Jun 2026. Annualised returns are +14.50% over 3 years and +4.36% over 5 years. The fund trailed its International Large Blend category average: $100 invested three years ago grew to $150, against $155 for the category, and to $115 over one year, against $119. Volatility over the past three years was 12.46% a year. In the 12 months to Jun 2026 the fund lost a net $561.2M, and assets reached $1.15B.
MXECX Growth of $100
What $100 invested in Empower Core Strategies: International Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Blend category average over the same months.
| Period | MXECX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $115 | $119 |
| 3 years (Jul 2023 – Jun 2026) | $150 | $155 |
| 5 years (May 2021 – Jun 2026) | $124 | $138 |
| Since data start (Aug 2019 – Jun 2026) | $160 | $176 |
MXECX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.30% |
| 1 year | +15.32% |
| 3 years (annualised) | +14.50% |
| 5 years (annualised) | +4.36% |
MXECX Annual Returns
Calendar-year total returns of Empower Core Strategies: International Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +6.30% |
| 2025 | +29.17% |
| 2024 | +3.14% |
| 2023 | +11.21% |
| 2022 (Jan–Oct) | −22.95% |
| 2021 | +10.07% |
| 2020 | +8.07% |
| 2019 (Aug–Dec) | +10.85% |
MXECX 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 | +4.1% | +3.1% | −7.7% | +5.1% | +2.2% | −0.1% | — | — | — | — | — | — |
| 2025 | +4.8% | +3.0% | +0.2% | +2.8% | +4.6% | +2.4% | −1.9% | +4.1% | +2.3% | +0.3% | +0.9% | +2.7% |
| 2024 | −1.0% | +2.6% | +3.5% | −3.4% | +5.6% | −2.6% | +3.6% | +2.7% | +0.8% | −5.0% | −0.2% | −2.8% |
| 2023 | +9.0% | −2.4% | +1.7% | −2.8% | −4.1% | +4.0% | +3.4% | −3.7% | −3.7% | −3.8% | +9.0% | +5.4% |
| 2022 | −3.3% | −2.6% | −0.4% | −6.5% | +1.6% | −9.3% | +5.8% | −6.7% | −9.3% | +6.4% | — | — |
| 2021 | −0.6% | +2.7% | +2.4% | +3.2% | +3.5% | −1.4% | +0.5% | +1.5% | −3.7% | +2.4% | −5.1% | +4.8% |
| 2020 | −3.0% | −7.4% | −16.4% | +7.6% | +5.8% | +3.4% | +2.0% | +5.5% | −2.6% | −4.6% | +15.6% | +5.8% |
| 2019 | — | — | — | — | — | — | — | −1.8% | +3.0% | +4.3% | +1.8% | +3.2% |
MXECX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.46%
- 3-year Sharpe ratio: 0.80 (vs 4.5% risk-free rate)
- Best month: +9.05% (Nov 2023)
- Worst month: −7.69% (Mar 2026)
MXECX Fund Flows
Monthly money in and out of Empower Core Strategies: International Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$561.2M
- 12-month gross sales (incl. reinvestments): $1.8B
- Sales ÷ redemptions: 0.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $149.8M | $126.3M | $23.5M |
| May 2026 | $102.1M | $111.2M | −$9.1M |
| Apr 2026 | $82.4M | $96.9M | −$14.5M |
| Mar 2026 | $61.4M | $79.6M | −$18.1M |
| Feb 2026 | $31.6M | $62.6M | −$30.9M |
| Jan 2026 | $15.0M | $40.9M | −$25.9M |
| Dec 2025 | $300.2M | $396.6M | −$96.4M |
| Nov 2025 | $272.2M | $371.9M | −$99.7M |
| Oct 2025 | $255.3M | $350.7M | −$95.4M |
| Sep 2025 | $236.8M | $292.6M | −$55.8M |
| Aug 2025 | $179.2M | $254.7M | −$75.6M |
| Jul 2025 | $162.2M | $225.4M | −$63.2M |
MXECX Assets Under Management
Net assets of Empower Core Strategies: International Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.15B |
| 2026-03-31 | $1.05B |
| 2025-12-31 | $1.08B |
| 2025-09-30 | $1.09B |
| 2025-06-30 | $1.07B |
| 2025-03-31 | $1.00B |
| 2024-12-31 | $939.98M |
| 2024-09-30 | $956.51M |
| 2024-06-30 | $869.58M |
| 2024-03-31 | $653.96M |
| 2023-12-31 | $589.65M |
| 2023-09-30 | $388.20M |
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.