MXETX Performance — Empower Core Strategies: U.S. Equity Fund, Investor Class
Data updated: 2026-08-20
MXETX returned +12.10% year to date and +23.20% over one year to Jun 2026. Annualised returns are +19.10% over 3 years and +12.13% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $169, against $157 for the category, and to $123 over one year, against $118. Volatility over the past three years was 12.78% a year. In the 12 months to Jun 2026 the fund lost a net $158.5M, and assets reached $817.05M.
MXETX Growth of $100
What $100 invested in Empower Core Strategies: U.S. Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | MXETX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $169 | $157 |
| 5 years (May 2021 – Jun 2026) | $177 | $165 |
| Since data start (Feb 2021 – Jun 2026) | $200 | $182 |
MXETX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.10% |
| 1 year | +23.20% |
| 3 years (annualised) | +19.10% |
| 5 years (annualised) | +12.13% |
MXETX Annual Returns
Calendar-year total returns of Empower Core Strategies: U.S. Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +12.10% |
| 2025 | +15.00% |
| 2024 | +21.28% |
| 2023 | +20.84% |
| 2022 (Jan–Oct) | −15.46% |
| 2021 (Feb–Dec) | +25.17% |
MXETX 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 | +2.5% | +0.4% | −5.1% | +9.5% | +3.4% | +1.3% | — | — | — | — | — | — |
| 2025 | +3.0% | −1.7% | −5.1% | −1.5% | +5.6% | +4.7% | +2.1% | +2.6% | +2.5% | +1.3% | +0.8% | +0.3% |
| 2024 | +0.9% | +5.5% | +4.3% | −4.2% | +4.8% | +2.0% | +2.6% | +1.5% | +1.2% | −1.1% | +6.7% | −4.0% |
| 2023 | +6.2% | −1.8% | +1.0% | −0.8% | −0.1% | +7.0% | +3.6% | −1.8% | −4.5% | −2.8% | +8.5% | +5.5% |
| 2022 | −5.4% | −1.9% | +2.4% | −7.9% | +1.0% | −8.4% | +8.8% | −3.2% | −9.1% | +9.1% | — | — |
| 2021 | — | +4.3% | +3.2% | +4.7% | +1.0% | +1.2% | +1.2% | +2.6% | −3.7% | +6.0% | −1.4% | +3.9% |
MXETX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.78%
- 3-year Sharpe ratio: 1.14 (vs 4.5% risk-free rate)
- Best month: +9.48% (Apr 2026)
- Worst month: −5.06% (Mar 2025)
MXETX Fund Flows
Monthly money in and out of Empower Core Strategies: U.S. Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$158.5M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 0.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $76.0M | $76.4M | −$354K |
| May 2026 | $61.6M | $62.9M | −$1.2M |
| Apr 2026 | $50.6M | $49.6M | $952K |
| Mar 2026 | $38.0M | $36.8M | $1.1M |
| Feb 2026 | $23.9M | $26.7M | −$2.8M |
| Jan 2026 | $11.7M | $15.8M | −$4.1M |
| Dec 2025 | $169.2M | $188.7M | −$19.5M |
| Nov 2025 | $153.2M | $178.0M | −$24.7M |
| Oct 2025 | $139.1M | $168.6M | −$29.4M |
| Sep 2025 | $122.0M | $150.3M | −$28.3M |
| Aug 2025 | $108.8M | $134.3M | −$25.5M |
| Jul 2025 | $96.4M | $121.0M | −$24.6M |
MXETX Assets Under Management
Net assets of Empower Core Strategies: U.S. Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $817.05M |
| 2026-03-31 | $716.00M |
| 2025-12-31 | $731.54M |
| 2025-09-30 | $707.15M |
| 2025-06-30 | $671.21M |
| 2025-03-31 | $614.08M |
| 2024-12-31 | $657.84M |
| 2024-09-30 | $635.09M |
| 2024-06-30 | $747.13M |
| 2024-03-31 | $750.46M |
| 2023-12-31 | $694.67M |
| 2023-09-30 | $933.69M |
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.