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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.60

$4.73 B

3.79%

$0.32

0.16%

Vitals

YTD Return

10.4%

1 yr return

30.5%

3 Yr Avg Return

10.3%

5 Yr Avg Return

14.4%

Net Assets

$4.73 B

Holdings in Top 10

30.4%

52 WEEK LOW AND HIGH

$8.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.16%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.60

$4.73 B

3.79%

$0.32

0.16%

MXKWX - Profile

Distributions

  • YTD Total Return 10.4%
  • 3 Yr Annualized Total Return 10.3%
  • 5 Yr Annualized Total Return 14.4%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 1.24%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Empower S&P 500 Index Fund
  • Fund Family Name
    Great-West Funds
  • Inception Date
    May 01, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Leonard

Fund Description

Below is a summary of the principal investment strategies of the Fund.The Fund is not actively managed but is designed to track the performance of its Benchmark Index. The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in common stocks of the companies included in the Benchmark Index. The Fund uses the replication method of indexing, meaning the Fund seeks to own the securities contained in the Benchmark Index in as close as possible a proportion of the Fund as each stock’s weight in the Benchmark Index. The Fund may invest in derivatives, including but not limited to futures contracts on the Benchmark Index and options on futures contracts.The Benchmark Index is a market capitalization-weighted index of the 500 leading companies in leading industries of the U.S. economy.Empower Capital Management, LLC (“ECM”) is the Fund’s investment adviser and, subject to the approval of the Board of Directors of Empower Funds (the “Board”), selects the Fund’s sub-adviser and monitors its performance on an ongoing basis. The Fund’s investment portfolio is managed by Irish Life Investment Managers Limited (the “Sub-Adviser” or “ILIM”).
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MXKWX - Performance

Return Ranking - Trailing

Period MXKWX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.4% 0.3% 17.0% 54.53%
1 Yr 30.5% 3.7% 53.6% 67.70%
3 Yr 10.3%* -10.3% 30.6% 45.37%
5 Yr 14.4%* -7.9% 109.2% 38.14%
10 Yr N/A* 0.4% 21.0% 22.01%

* Annualized

Return Ranking - Calendar

Period MXKWX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -42.6% 47.4% 95.78%
2022 -23.4% -56.3% -4.2% 67.44%
2021 9.0% -27.2% 53.7% 80.52%
2020 -6.3% -36.2% 2181.7% 97.55%
2019 14.6% -22.7% 40.4% 89.49%

Total Return Ranking - Trailing

Period MXKWX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.4% 0.3% 17.0% 54.53%
1 Yr 30.5% 3.7% 53.6% 67.70%
3 Yr 10.3%* -10.3% 30.6% 45.37%
5 Yr 14.4%* -7.9% 109.2% 38.14%
10 Yr N/A* 0.4% 21.0% 20.97%

* Annualized

Total Return Ranking - Calendar

Period MXKWX Return Category Return Low Category Return High Rank in Category (%)
2023 22.7% -5.0% 47.4% 59.35%
2022 -18.3% -36.8% -2.2% 51.88%
2021 28.7% 3.0% 124.3% 23.13%
2020 18.3% -15.8% 2266.0% 38.36%
2019 31.2% -0.4% 241.3% 31.36%

NAV & Total Return History


MXKWX - Holdings

Concentration Analysis

MXKWX Category Low Category High MXKWX % Rank
Net Assets 4.73 B 2.59 M 1.55 T 30.81%
Number of Holdings 511 1 4053 11.18%
Net Assets in Top 10 1.34 B 885 K 387 B 30.34%
Weighting of Top 10 30.36% 0.3% 112.0% 70.96%

Top 10 Holdings

  1. Apple Inc. COM 6.82%
  2. Microsoft Corporation COM 6.77%
  3. Amazon.com, Inc. COM 3.35%
  4. NVIDIA Corp. COM USD0.001 2.96%
  5. Alphabet Inc. CAP STK CL A 2.00%
  6. Meta Platforms Inc CL A 1.90%
  7. Alphabet Inc. CAP STK CL C 1.70%
  8. Tesla Inc COM 1.66%
  9. B 0 02/22/24 1.62%
  10. Berkshire Hathaway Inc. CL B NEW 1.57%

Asset Allocation

Weighting Return Low Return High MXKWX % Rank
Stocks
97.03% 0.00% 124.03% 79.28%
Bonds
1.62% -0.50% 94.15% 2.11%
Cash
1.28% 0.00% 99.06% 46.21%
Other
0.07% -13.91% 100.00% 21.97%
Preferred Stocks
0.00% 0.00% 2.38% 9.07%
Convertible Bonds
0.00% 0.00% 5.54% 4.55%

Stock Sector Breakdown

Weighting Return Low Return High MXKWX % Rank
Technology
26.64% 0.00% 48.94% 16.55%
Healthcare
13.33% 0.00% 60.70% 76.29%
Financial Services
12.95% 0.00% 55.59% 69.69%
Consumer Cyclical
12.38% 0.00% 30.33% 16.63%
Communication Services
10.16% 0.00% 27.94% 17.02%
Industrials
8.07% 0.00% 29.90% 78.44%
Consumer Defense
6.30% 0.00% 47.71% 66.75%
Real Estate
2.75% 0.00% 31.91% 50.44%
Energy
2.67% 0.00% 41.64% 73.59%
Utilities
2.48% 0.00% 20.91% 56.01%
Basic Materials
2.27% 0.00% 25.70% 71.20%

Stock Geographic Breakdown

Weighting Return Low Return High MXKWX % Rank
US
97.03% 0.00% 124.03% 67.94%
Non US
0.00% 0.00% 62.81% 27.44%

Bond Sector Breakdown

Weighting Return Low Return High MXKWX % Rank
Derivative
0.07% -7.59% 18.04% 10.26%
Cash & Equivalents
0.00% 0.00% 100.00% 81.75%
Securitized
0.00% 0.00% 52.16% 24.09%
Corporate
0.00% 0.00% 100.00% 35.42%
Municipal
0.00% 0.00% 2.10% 23.06%
Government
0.00% 0.00% 100.00% 27.32%

Bond Geographic Breakdown

Weighting Return Low Return High MXKWX % Rank
US
1.62% -0.50% 93.78% 2.11%
Non US
0.00% 0.00% 11.16% 1.33%

MXKWX - Expenses

Operational Fees

MXKWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.16% 0.01% 16.07% 90.48%
Management Fee 0.15% 0.00% 1.89% 14.06%
12b-1 Fee 0.00% 0.00% 1.00% 0.16%
Administrative Fee N/A 0.00% 0.85% 0.17%

Sales Fees

MXKWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MXKWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MXKWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 0.00% 496.00% 21.34%

MXKWX - Distributions

Dividend Yield Analysis

MXKWX Category Low Category High MXKWX % Rank
Dividend Yield 3.79% 0.00% 25.10% 26.41%

Dividend Distribution Analysis

MXKWX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Quarterly Semi-Annually

Net Income Ratio Analysis

MXKWX Category Low Category High MXKWX % Rank
Net Income Ratio 1.24% -54.00% 6.06% 17.64%

Capital Gain Distribution Analysis

MXKWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Quarterly Annually

Distributions History

View More +

MXKWX - Fund Manager Analysis

Managers

Peter Leonard


Start Date

Tenure

Tenure Rank

Apr 29, 2016

6.09

6.1%

Peter Leonard, CFA is a Senior Fund Manager and has worked on the Indexation Team since 2012. Prior to working in Irish Life Investment Managers Limited, Peter worked in the investments industry for 8 years as a private client fund manager and in investment management audit. Mr. Leonard graduated from Trinity College Dublin with a B.A. Business & Economics degree and is a qualified chartered accountant and a Qualified Financial Advisor.

Nicola Dowdall


Start Date

Tenure

Tenure Rank

Apr 29, 2016

6.09

6.1%

Nicola Dowdall is a Senior Fund Manager and has worked on the Indexation Team since 2000. Prior to joining the Indexation Team, she worked for two years as an investment accountant with Irish Life Investment Managers Limited. Prior to joining Irish Life Investment Managers Limited, Ms. Dowdall worked as an audit manager in practice. Ms. Dowdall graduated with a degree in Accounting from Dundalk Institution of Technology and is a Chartered Certified Accountant.

Michael Lynch


Start Date

Tenure

Tenure Rank

Apr 29, 2016

6.09

6.1%

Michael Lynch, CFA is a Senior Fund Manager and has worked on the Indexation Team since 2006. Prior to joining ILIM, he worked for 6 years in Investment Technology Group Europe. He graduated with a degree in Commerce and he also holds a Masters in Economics, both from University College Cork.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.21 2.42