MXGSX Performance — Empower Large Cap Growth Fund, Institutional Class
Data updated: 2026-08-20
MXGSX returned +6.06% year to date and +13.61% over one year to Jun 2026. Annualised returns are +19.10% over 3 years and +11.25% over 5 years. The fund trailed its US Large Growth category average: $100 invested three years ago grew to $169, against $175 for the category, and to $114 over one year, against $117. Volatility over the past three years was 14.79% a year. In the 12 months to Jun 2026 the fund took in a net $1.4B, and assets reached $2.31B.
MXGSX Growth of $100
What $100 invested in Empower Large Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | MXGSX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $114 | $117 |
| 3 years (Jul 2023 – Jun 2026) | $169 | $175 |
| 5 years (Jul 2021 – Jun 2026) | $170 | $166 |
| Since data start (Jul 2019 – Jun 2026) | $295 | $271 |
MXGSX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.06% |
| 1 year | +13.61% |
| 3 years (annualised) | +19.10% |
| 5 years (annualised) | +11.25% |
MXGSX Annual Returns
Calendar-year total returns of Empower Large Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +6.06% |
| 2025 | +14.44% |
| 2024 | +25.93% |
| 2023 | +32.16% |
| 2022 | −22.95% |
| 2021 | +21.20% |
| 2020 | +41.99% |
| 2019 (Jul–Dec) | +10.21% |
MXGSX 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 | −0.5% | −3.1% | −5.1% | +10.5% | +4.8% | +0.2% | — | — | — | — | — | — |
| 2025 | +3.0% | −2.4% | −7.0% | +1.4% | +6.5% | +5.9% | +2.7% | +0.2% | +4.1% | +3.3% | −2.6% | −0.6% |
| 2024 | +3.7% | +7.3% | +2.4% | −4.4% | +4.5% | +5.6% | −2.1% | +2.8% | +1.7% | −1.3% | +5.9% | −2.0% |
| 2023 | +6.3% | −2.5% | +5.2% | −0.7% | +3.8% | +6.4% | +3.1% | +0.2% | −5.4% | −1.7% | +10.8% | +3.9% |
| 2022 | −7.9% | −4.1% | +3.0% | −10.6% | −0.2% | −8.2% | +11.2% | −4.3% | −8.1% | +7.1% | +5.2% | −6.1% |
| 2021 | −0.8% | +1.6% | +0.5% | +6.7% | −1.3% | +3.7% | +2.8% | +3.2% | −5.4% | +6.5% | −0.3% | +2.8% |
| 2020 | +3.0% | −6.3% | −10.9% | +16.0% | +7.5% | +4.4% | +8.4% | +9.8% | −4.2% | −3.5% | +10.2% | +4.5% |
| 2019 | — | — | — | — | — | — | +1.9% | +0.3% | −1.3% | +1.6% | +4.4% | +3.0% |
MXGSX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 14.79%
- 3-year Sharpe ratio: 0.99 (vs 4.5% risk-free rate)
- Best month: +10.77% (Nov 2023)
- Worst month: −7.05% (Mar 2025)
MXGSX Fund Flows
Monthly money in and out of Empower Large Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $1.4B
- 12-month gross sales (incl. reinvestments): $4.3B
- Sales ÷ redemptions: 1.51×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $396.4M | $229.8M | $166.6M |
| May 2026 | $368.5M | $138.7M | $229.8M |
| Apr 2026 | $343.9M | $108.3M | $235.6M |
| Mar 2026 | $314.8M | $78.4M | $236.4M |
| Feb 2026 | $66.6M | $50.5M | $16.1M |
| Jan 2026 | $32.9M | $29.1M | $3.9M |
| Dec 2025 | $591.7M | $440.0M | $151.6M |
| Nov 2025 | $516.0M | $416.0M | $100.0M |
| Oct 2025 | $477.5M | $398.2M | $79.3M |
| Sep 2025 | $436.9M | $368.8M | $68.1M |
| Aug 2025 | $382.6M | $299.9M | $82.7M |
| Jul 2025 | $344.5M | $280.5M | $64.0M |
MXGSX Assets Under Management
Net assets of Empower Large Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.31B |
| 2026-03-31 | $2.05B |
| 2025-12-31 | $1.99B |
| 2025-09-30 | $1.90B |
| 2025-06-30 | $1.76B |
| 2025-03-31 | $1.56B |
| 2024-12-31 | $1.59B |
| 2024-09-30 | $1.55B |
| 2024-06-30 | $1.52B |
| 2024-03-31 | $1.51B |
| 2023-12-31 | $1.30B |
| 2023-09-30 | $1.18B |
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.