MXEOX Performance — Empower Emerging Markets Equity Fund, Investor Class
Data updated: 2026-08-20
MXEOX returned +28.97% year to date and +48.61% over one year to Jun 2026. Annualised returns are +24.89% over 3 years and +7.84% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $195, against $179 for the category, and to $149 over one year, against $141. Volatility over the past three years was 16.31% a year. In the 12 months to Jun 2026 the fund lost a net $849.4M, and assets reached $1.96B.
MXEOX Growth of $100
What $100 invested in Empower Emerging Markets Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | MXEOX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $149 | $141 |
| 3 years (Jul 2023 – Jun 2026) | $195 | $179 |
| 5 years (Jul 2021 – Jun 2026) | $146 | $144 |
| Since data start (Jul 2019 – Jun 2026) | $202 | $195 |
MXEOX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +28.97% |
| 1 year | +48.61% |
| 3 years (annualised) | +24.89% |
| 5 years (annualised) | +7.84% |
MXEOX Annual Returns
Calendar-year total returns of Empower Emerging Markets Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +28.97% |
| 2025 | +32.78% |
| 2024 | +9.85% |
| 2023 | +11.59% |
| 2022 | −22.34% |
| 2021 | −4.43% |
| 2020 | +19.57% |
| 2019 (Jul–Dec) | +8.69% |
MXEOX 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 | +9.0% | +6.6% | −10.8% | +14.8% | +7.8% | +0.5% | — | — | — | — | — | — |
| 2025 | +1.3% | +0.2% | +1.0% | +0.4% | +4.7% | +6.9% | +0.8% | +2.5% | +6.5% | +3.9% | −1.8% | +2.6% |
| 2024 | −2.8% | +5.7% | +2.0% | −0.3% | +1.7% | +3.3% | +0.3% | +1.1% | +5.5% | −3.6% | −2.4% | −0.5% |
| 2023 | +9.4% | −7.4% | +2.9% | +0.9% | −1.5% | +4.0% | +5.5% | −5.8% | −2.4% | −3.4% | +6.8% | +3.4% |
| 2022 | −0.3% | −5.0% | −4.4% | −5.1% | +0.9% | −6.9% | −0.5% | −0.6% | −10.4% | −3.2% | +16.2% | −3.6% |
| 2021 | +3.5% | +0.8% | −1.0% | +1.3% | +0.8% | +1.2% | −7.3% | +1.6% | −4.0% | +0.9% | −4.7% | +2.8% |
| 2020 | −4.7% | −3.4% | −16.5% | +7.9% | +2.8% | +7.1% | +9.8% | +1.7% | −1.6% | +2.8% | +8.2% | +7.1% |
| 2019 | — | — | — | — | — | — | −1.8% | −3.5% | +2.2% | +4.6% | −0.5% | +7.8% |
MXEOX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.31%
- 3-year Sharpe ratio: 1.25 (vs 4.5% risk-free rate)
- Best month: +14.83% (Apr 2026)
- Worst month: −10.84% (Mar 2026)
MXEOX Fund Flows
Monthly money in and out of Empower Emerging Markets Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$849.4M
- 12-month gross sales (incl. reinvestments): $2.4B
- Sales ÷ redemptions: 0.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $136.0M | $414.0M | −$278.0M |
| May 2026 | $113.9M | $268.3M | −$154.4M |
| Apr 2026 | $93.7M | $222.0M | −$128.3M |
| Mar 2026 | $71.0M | $185.5M | −$114.5M |
| Feb 2026 | $47.0M | $92.8M | −$45.8M |
| Jan 2026 | $24.5M | $47.4M | −$22.9M |
| Dec 2025 | $416.2M | $409.4M | $6.8M |
| Nov 2025 | $363.6M | $386.1M | −$22.5M |
| Oct 2025 | $333.2M | $366.1M | −$32.9M |
| Sep 2025 | $301.1M | $326.7M | −$25.5M |
| Aug 2025 | $259.2M | $267.8M | −$8.6M |
| Jul 2025 | $226.2M | $249.2M | −$22.9M |
MXEOX Assets Under Management
Net assets of Empower Emerging Markets Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.96B |
| 2026-03-31 | $1.70B |
| 2025-12-31 | $1.75B |
| 2025-09-30 | $1.66B |
| 2025-06-30 | $1.50B |
| 2025-03-31 | $1.34B |
| 2024-12-31 | $1.33B |
| 2024-09-30 | $1.37B |
| 2024-06-30 | $1.20B |
| 2024-03-31 | $921.04M |
| 2023-12-31 | $869.02M |
| 2023-09-30 | $619.54M |
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.