MXTBX Performance — Empower Lifetime 2035 Fund, Institutional Class
Data updated: 2026-08-20
MXTBX returned +8.48% year to date and +16.03% over one year to Jun 2026. Annualised returns are +13.00% over 3 years and +6.20% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $144, against $150 for the category, and to $116 over one year, against $118. Volatility over the past three years was 9.73% a year. In the 12 months to Jun 2026 the fund took in a net $855.0M, and assets reached $2.10B.
MXTBX Growth of $100
What $100 invested in Empower Lifetime 2035 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | MXTBX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $144 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $135 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $181 | $187 |
MXTBX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.48% |
| 1 year | +16.03% |
| 3 years (annualised) | +13.00% |
| 5 years (annualised) | +6.20% |
MXTBX Annual Returns
Calendar-year total returns of Empower Lifetime 2035 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.48% |
| 2025 | +14.63% |
| 2024 | +9.54% |
| 2023 | +12.99% |
| 2022 | −15.29% |
| 2021 | +13.83% |
| 2020 | +13.84% |
| 2019 (Jul–Dec) | +6.99% |
MXTBX 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 | +2.3% | +1.8% | −5.0% | +6.2% | +2.6% | +0.7% | — | — | — | — | — | — |
| 2025 | +2.6% | 0.0% | −2.3% | 0.0% | +3.7% | +3.2% | +0.3% | +2.4% | +2.0% | +1.0% | +0.5% | +0.5% |
| 2024 | −0.5% | +2.8% | +2.7% | −3.3% | +3.4% | +0.5% | +3.0% | +1.8% | +1.5% | −2.3% | +3.1% | −3.0% |
| 2023 | +6.4% | −2.7% | +1.4% | −0.9% | −1.7% | +4.2% | +2.7% | −2.3% | −3.6% | −2.9% | +7.3% | +5.2% |
| 2022 | −4.3% | −1.8% | +0.5% | −6.1% | +0.4% | −6.8% | +6.2% | −3.6% | −7.9% | +4.8% | +6.8% | −3.2% |
| 2021 | 0.0% | +2.4% | +2.0% | +3.4% | +1.2% | +0.5% | +0.7% | +1.6% | −3.2% | +3.3% | −2.0% | +3.3% |
| 2020 | −0.9% | −5.8% | −12.6% | +9.1% | +4.4% | +2.4% | +4.3% | +3.6% | −2.2% | −1.0% | +9.7% | +4.2% |
| 2019 | — | — | — | — | — | — | +0.3% | −1.3% | +1.6% | +1.9% | +2.0% | +2.4% |
MXTBX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.73%
- 3-year Sharpe ratio: 0.87 (vs 4.5% risk-free rate)
- Best month: +7.28% (Nov 2023)
- Worst month: −5.03% (Mar 2026)
MXTBX Fund Flows
Monthly money in and out of Empower Lifetime 2035 Fund, from SEC Form N-PORT.
- 12-month net flow: $855.0M
- 12-month gross sales (incl. reinvestments): $4.1B
- Sales ÷ redemptions: 1.26×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $306.3M | $257.6M | $48.8M |
| May 2026 | $259.3M | $210.2M | $49.1M |
| Apr 2026 | $216.7M | $156.6M | $60.1M |
| Mar 2026 | $175.2M | $114.6M | $60.7M |
| Feb 2026 | $113.8M | $68.6M | $45.1M |
| Jan 2026 | $63.0M | $38.3M | $24.7M |
| Dec 2025 | $715.7M | $510.2M | $205.4M |
| Nov 2025 | $569.5M | $469.8M | $99.7M |
| Oct 2025 | $517.2M | $440.6M | $76.6M |
| Sep 2025 | $457.6M | $377.2M | $80.4M |
| Aug 2025 | $403.7M | $340.8M | $63.0M |
| Jul 2025 | $345.3M | $303.8M | $41.5M |
MXTBX Assets Under Management
Net assets of Empower Lifetime 2035 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.10B |
| 2026-03-31 | $1.93B |
| 2025-12-31 | $1.89B |
| 2025-09-30 | $1.82B |
| 2025-06-30 | $1.67B |
| 2025-03-31 | $1.55B |
| 2024-12-31 | $1.55B |
| 2024-09-30 | $1.54B |
| 2024-06-30 | $1.43B |
| 2024-03-31 | $1.42B |
| 2023-12-31 | $1.35B |
| 2023-09-30 | $1.27B |
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.