MXISX Performance — Empower S&P Small Cap 600 Index Fund, Investor Class
Data updated: 2026-08-20
MXISX returned +23.64% year to date and +37.26% over one year to Jun 2026. Annualised returns are +15.75% over 3 years and +8.30% over 5 years. Against its US Small Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $155, against $156 for the category, and to $137 over one year, against $133. Volatility over the past three years was 19.37% a year. In the 12 months to Jun 2026 the fund lost a net $1.0B, and assets reached $1.27B.
MXISX Growth of $100
What $100 invested in Empower S&P Small Cap 600 Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | MXISX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $137 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $155 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $149 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $221 | $209 |
MXISX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +23.64% |
| 1 year | +37.26% |
| 3 years (annualised) | +15.75% |
| 5 years (annualised) | +8.30% |
MXISX Annual Returns
Calendar-year total returns of Empower S&P Small Cap 600 Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +23.64% |
| 2025 | +5.83% |
| 2024 | +8.54% |
| 2023 | +22.19% |
| 2022 | −16.21% |
| 2021 | +26.40% |
| 2020 | +11.47% |
| 2019 (Jul–Dec) | +7.88% |
MXISX 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 | +5.4% | +2.2% | −4.1% | +10.5% | +0.9% | +7.3% | — | — | — | — | — | — |
| 2025 | +2.8% | −5.7% | −6.1% | −4.3% | +5.4% | +3.9% | +1.0% | +6.9% | +1.1% | −0.9% | +2.7% | 0.0% |
| 2024 | −3.8% | +3.2% | +3.2% | −5.7% | +4.9% | −2.3% | +10.8% | −1.4% | +0.8% | −2.6% | +10.9% | −7.9% |
| 2023 | +9.5% | −1.4% | −5.2% | +2.7% | −1.8% | +8.3% | +5.3% | −4.0% | −6.1% | −5.8% | +8.3% | +12.7% |
| 2022 | −7.3% | +1.3% | +0.4% | −7.8% | +1.8% | −8.6% | +10.1% | −4.4% | −9.9% | +12.3% | +4.1% | −6.7% |
| 2021 | +6.2% | +7.7% | +3.2% | +2.0% | +2.0% | +0.4% | −2.5% | +2.0% | −2.5% | +3.5% | −2.3% | +4.5% |
| 2020 | −3.9% | −9.6% | −22.4% | +12.7% | +4.3% | +3.7% | +4.0% | +4.0% | −4.7% | +2.6% | +18.2% | +8.3% |
| 2019 | — | — | — | — | — | — | +1.1% | −4.5% | +3.3% | +2.0% | +3.1% | +2.9% |
MXISX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 19.37%
- 3-year Sharpe ratio: 0.58 (vs 4.5% risk-free rate)
- Best month: +12.69% (Dec 2023)
- Worst month: −7.91% (Dec 2024)
MXISX Fund Flows
Monthly money in and out of Empower S&P Small Cap 600 Index Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.0B
- 12-month gross sales (incl. reinvestments): $2.3B
- Sales ÷ redemptions: 0.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $92.7M | $179.7M | −$87.0M |
| May 2026 | $76.5M | $145.6M | −$69.1M |
| Apr 2026 | $61.7M | $118.5M | −$56.8M |
| Mar 2026 | $45.9M | $88.9M | −$43.1M |
| Feb 2026 | $30.2M | $54.6M | −$24.4M |
| Jan 2026 | $14.4M | $27.5M | −$13.1M |
| Dec 2025 | $407.3M | $505.7M | −$98.4M |
| Nov 2025 | $359.9M | $481.0M | −$121.2M |
| Oct 2025 | $337.1M | $458.6M | −$121.5M |
| Sep 2025 | $307.9M | $433.3M | −$125.4M |
| Aug 2025 | $278.3M | $408.0M | −$129.7M |
| Jul 2025 | $250.7M | $390.2M | −$139.5M |
MXISX Assets Under Management
Net assets of Empower S&P Small Cap 600 Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.27B |
| 2026-03-31 | $1.11B |
| 2025-12-31 | $1.11B |
| 2025-09-30 | $1.09B |
| 2025-06-30 | $984.10M |
| 2025-03-31 | $974.97M |
| 2024-12-31 | $1.18B |
| 2024-09-30 | $1.20B |
| 2024-06-30 | $1.11B |
| 2024-03-31 | $913.21M |
| 2023-12-31 | $846.15M |
| 2023-09-30 | $763.98M |
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.