MXKWX Performance — Empower S&P 500 Index Fund, Institutional Class
Data updated: 2026-08-20
MXKWX returned +10.21% year to date and +22.25% over one year to Jun 2026. Annualised returns are +20.44% over 3 years and +12.58% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $175, against $157 for the category, and to $122 over one year, against $118. Volatility over the past three years was 13.01% a year. In the 12 months to Jun 2026 the fund took in a net $9.7B, and assets reached $10.49B.
MXKWX Growth of $100
What $100 invested in Empower S&P 500 Index 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 | MXKWX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $122 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $175 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $181 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $273 | $229 |
MXKWX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.21% |
| 1 year | +22.25% |
| 3 years (annualised) | +20.44% |
| 5 years (annualised) | +12.58% |
MXKWX Annual Returns
Calendar-year total returns of Empower S&P 500 Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.21% |
| 2025 | +17.64% |
| 2024 | +24.86% |
| 2023 | +22.35% |
| 2022 | −18.25% |
| 2021 | +28.66% |
| 2020 | +18.27% |
| 2019 (Jul–Dec) | +10.84% |
MXKWX 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 | +1.5% | −0.8% | −5.0% | +10.5% | +5.3% | −0.9% | — | — | — | — | — | — |
| 2025 | +2.7% | −1.3% | −5.6% | −0.7% | +6.2% | +5.0% | +2.2% | +2.1% | +3.6% | +2.3% | +0.3% | 0.0% |
| 2024 | +1.7% | +5.3% | +3.2% | −4.1% | +4.8% | +3.6% | +1.2% | +2.4% | +2.1% | −1.0% | +5.9% | −2.4% |
| 2023 | +6.2% | −2.4% | +3.7% | −1.5% | +0.5% | +6.5% | +3.2% | −1.6% | −4.8% | −2.2% | +9.1% | +4.5% |
| 2022 | −5.2% | −3.0% | +3.7% | −8.8% | +0.2% | −8.3% | +9.2% | −4.1% | −9.2% | +8.1% | +5.5% | −5.7% |
| 2021 | −1.0% | +2.7% | +4.4% | +5.3% | +0.7% | +2.4% | +2.3% | +3.0% | −4.6% | +7.0% | −0.7% | +4.4% |
| 2020 | 0.0% | −8.2% | −12.4% | +12.9% | +4.6% | +2.0% | +5.7% | +7.1% | −3.8% | −2.6% | +10.9% | +3.8% |
| 2019 | — | — | — | — | — | — | +1.5% | −1.7% | +1.9% | +2.1% | +3.6% | +3.0% |
MXKWX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.01%
- 3-year Sharpe ratio: 1.23 (vs 4.5% risk-free rate)
- Best month: +10.47% (Apr 2026)
- Worst month: −5.64% (Mar 2025)
MXKWX Fund Flows
Monthly money in and out of Empower S&P 500 Index Fund, from SEC Form N-PORT.
- 12-month net flow: $9.7B
- 12-month gross sales (incl. reinvestments): $20.1B
- Sales ÷ redemptions: 1.93×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.2B | $969.2M | $274.0M |
| May 2026 | $1.1B | $689.5M | $374.7M |
| Apr 2026 | $895.3M | $524.5M | $370.8M |
| Mar 2026 | $729.9M | $393.2M | $336.7M |
| Feb 2026 | $371.7M | $263.8M | $107.9M |
| Jan 2026 | $196.8M | $145.7M | $51.2M |
| Dec 2025 | $3.2B | $1.6B | $1.6B |
| Nov 2025 | $2.9B | $1.5B | $1.4B |
| Oct 2025 | $2.7B | $1.3B | $1.4B |
| Sep 2025 | $2.5B | $1.2B | $1.3B |
| Aug 2025 | $2.3B | $973.5M | $1.3B |
| Jul 2025 | $2.1B | $866.7M | $1.2B |
MXKWX Assets Under Management
Net assets of Empower S&P 500 Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $10.49B |
| 2026-03-31 | $9.17B |
| 2025-12-31 | $9.24B |
| 2025-09-30 | $8.78B |
| 2025-06-30 | $7.93B |
| 2025-03-31 | $6.78B |
| 2024-12-31 | $6.39B |
| 2024-09-30 | $6.20B |
| 2024-06-30 | $5.46B |
| 2024-03-31 | $4.93B |
| 2023-12-31 | $4.40B |
| 2023-09-30 | $3.65B |
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.