Registry rank 1923 · Portfolio as of 2026-03-31
Empower Large Cap Value Fund
MXEQX (Empower Large Cap Value Fund) · MXHAX (Empower Large Cap Value Fund) · MXVHX (Empower Large Cap Value Fund)
The verdict
What the numbers say
40.8% of this portfolio matches the Russell 1000 Value index, which costs $50 a year per $100,000 to own outright. This fund charges $960 a year.
Data provenance
Run 363649da-fcfb-4007-87ef-de06de7710ca; method closet-index@2.0.0; fund accession 0001193125-26-232043; comparison periods and expense-filing links appear with their figures. Machine capture time: 2026-07-29T14:22:09.616Z.
Computed rule checks
1 warning · 1 check clear · 1 unavailable
Check clear
· Rule 1
The fund’s filed benchmark and its closest approved index control point to the same comparison.
Methodology rule · visual rules si-visual-explainers@1.0.0
Warning
· Rule 2
40.8% of this portfolio matches the Russell 1000 Value index, which costs $50 a year per $100,000 to own outright. This fund charges $960 a year.
Methodology rule · visual rules si-visual-explainers@1.0.0
Unavailable
· Rule 3
No complete licensed window and filed headline fee are available together for this check.
Computed on licensed market-return history · filed fee as of 2025-12-31
Methodology rule · visual rules si-visual-explainers@1.0.0
Filed fees in dollars
SEC-convention illustration
Computed from SEC filings
Assumptions for each dollar figure: $100,000 starting amount · 5.0% annual return · annual compounding · fees deducted annually · 0.01% computed index-control baseline. Methodology.
| Share class and filing | 10 years | 20 years | 30 years |
|---|---|---|---|
| MXEQX0.96% · SEC expense filing · as of 2025-12-31 | $14,140 | $44,021 | $102,858 |
| MXHAX0.81% · SEC expense filing · as of 2025-12-31 | $11,983 | $37,566 | $88,366 |
| MXVHX0.60% · SEC expense filing · as of 2025-12-31 | $8,917 | $28,227 | $67,034 |
Real trailing windows
Computed on licensed market-return history
Trailing windows use iShares Russell 1000 Value ETF (IWD) adjusted-close total-return history through 2026-07-29 and the same filed index-control fee baseline as the convention table. Methodology.
| Share class and filing | 10 years | 20 years | 30 years |
|---|---|---|---|
| MXEQXFiled fee as of 2025-12-31 | $24,157Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $84,830Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| MXHAXFiled fee as of 2025-12-31 | $20,466Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $72,359Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
| MXVHXFiled fee as of 2025-12-31 | $15,221Computed on licensed market-return history 2016-07-29 to 2026-07-29 · proxy return 11.41% annualized | $54,337Computed on licensed market-return history 2006-07-31 to 2026-07-29 · proxy return 8.68% annualized | Proxy history begins 2000 — no full 30-year window |
These figures are illustrations, not predictions or personalized advice. Returns and fees can differ. Read the research disclaimer.
Change the illustration
Computed from SEC filings
Assumptions for the dollar figures below: $100,000 starting amount; 5.0% annual return; 20 years; annual compounding; fees deducted annually; 0.01% computed index-control baseline. MXEQX SEC expense filing, as of 2025-12-31. Methodology.
| Result | Amount |
|---|---|
| Ending value at baseline | $264,825 |
| Ending value at filed expense ratio | $220,804 |
| Difference attributed to fee drag | $44,021 |
This is an illustration, not a prediction or personalized advice. Returns and fees can differ. Read the research disclaimer.
Largest active differences vs the Russell 1000 Value index
The bars are labeled and repeated in the table; color is not the only signal. Linked company names open Buy Like Buffett’s company record; Sensible Investor does not score stocks.
| Holding | Fund | Russell 1000 Value index | Difference |
|---|---|---|---|
| BERKSHIRE HATHAWAY INC. | 0.00% | 2.92% | -2.92% |
| CITIGROUP INC. | 2.93% | 0.53% | +2.40% |
| JOHNSON & JOHNSON | 0.28% | 1.94% | -1.66% |
| Microsoft Corp. | 1.59% | 0.00% | +1.59% |
| THE CHARLES SCHWAB CORPORATION | 1.79% | 0.47% | +1.32% |
| MICRON TECHNOLOGY, INC. | 0.00% | 1.25% | -1.25% |
| JPMORGAN CHASE & CO. | 1.41% | 2.64% | -1.23% |
| SOUTHWEST AIRLINES CO. | 1.24% | 0.05% | +1.19% |
| TotalEnergies SE | 1.18% | 0.00% | +1.18% |
| AstraZeneca PLC | 1.17% | 0.00% | +1.17% |
Source and verification
SEC N-PORT filing · filed 2026-05-20 · period 2026-03-31
SEC expense filing · period 2025-12-31
Cite these figures
Each snippet includes the figure’s source-event date and immutable verification URL.
Best-fit active share
Sensible Investor, “Empower Large Cap Value Fund — best-fit active share,” 59.2% versus the Russell 1000 Value index, fund portfolio as of 2026-03-31; measured against the filed holdings of iShares Russell 1000 Value ETF (IWD), as of 2026-03-31. https://sensible-investor.com/registry/mxeqx/as-of/363649da-fcfb-4007-87ef-de06de7710ca
MXEQX filed expense ratio
Sensible Investor, “Empower Large Cap Value Fund — filed expense ratio,” 0.96% for MXEQX, as of 2025-12-31. https://sensible-investor.com/registry/mxeqx/as-of/363649da-fcfb-4007-87ef-de06de7710ca
MXEQX fee per active unit
Sensible Investor, “Empower Large Cap Value Fund — fee per unit of active management,” 1.62% using the MXEQX expense ratio as of 2025-12-31 and fund portfolio as of 2026-03-31. https://sensible-investor.com/registry/mxeqx/as-of/363649da-fcfb-4007-87ef-de06de7710ca