Empower Funds 401K

The chart shows the growth of an initial investment of $10,000 in Empower Funds 401K, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.

As of Jun 6, 2026, the Empower Funds 401K returned 5.69% Year-To-Date and 15.72% of annualized return in the last 10 years.

Based on dividend-adjusted daily data since Sep 10, 2003, Empower Funds 401K's average daily return is +0.05%, while the average monthly return is +1.03%. At this rate, an investment would double in approximately 5.6 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +18.5%, while the worst month was Oct 2008 at -21.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.

On a daily basis, Empower Funds 401K closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +10.6%, while the worst single day was Mar 12, 2020 at -9.8%.

Empower Funds 401K has an annualized alpha of 3.42%, beta of 0.91, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since September 10, 2003.

• This portfolio captured 104.15% of S&P 500 Index gains but only 92.34% of its losses - a favorable profile for investors.
• This portfolio generated an annualized alpha of 3.42% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 0.91 and R2 of 0.78, this portfolio moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Empower Funds 401K has an expense ratio of 0.91%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

Empower Funds 401K ranks 46 for risk / return — on par with similar Portfolios. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below presents risk-adjusted performance metrics for Empower Funds 401K and compares them with S&P 500 Index.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Empower Funds 401K Sharpe ratios as of Jun 6, 2026 (values are recalculated daily):

• 1-Year: 1.93
• 5-Year: 0.80
• 10-Year: 0.88
• All Time: 0.61

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 1.64 to 2.53, this portfolio's current Sharpe ratio falls between the 25th and 75th percentiles. This indicates that its risk-adjusted performance is in line with the majority of portfolios, suggesting a balanced approach to risk and return—likely suitable for a wide range of investors.

The chart below shows the rolling Sharpe ratio of Empower Funds 401K compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Empower Funds 401K provided a 4.12% dividend yield over the last twelve months.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Empower Funds 401K. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Empower Funds 401K was 55.09%, occurring on Nov 20, 2008. Recovery took 512 trading sessions.

The current Empower Funds 401K drawdown is 0.63%.

The chart below shows the rolling one-month volatility.