About MXREX
Empower Real Estate Index Fund Investor Class is a mutual fund focused on providing investors exposure to the U.S. real estate sector through a passively managed, index-tracking strategy. The fund seeks investment results that closely mirror the total return of the Dow Jones US Select REIT Index, which measures the performance of publicly traded real estate investment trusts (REITs) in the United States. This approach allows the fund to offer broad diversification across real estate sub-industries, including industrial, healthcare, retail, storage, and residential property segments.
The fund typically invests at least 80% of its net assets in securities found within its benchmark index, employing a replication strategy to closely match the index's composition. Its portfolio is comprised of more than 100 holdings, with the top ten accounting for just over half of the fund’s total assets. Notable positions include leading REITs such as Prologis, Equinix, Welltower, and Simon Property Group. MXREX is recognized for its relatively low expense ratio within its category and aims to provide income and capital appreciation potential through the underlying performance of U.S. REITs. The fund plays a key role for investors seeking targeted real estate exposure within a diversified portfolio.
Fund Family Empower Funds
Category Real Estate
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MXREX
Share Class Investor Class
Index Dow Jones US Select REIT TR
MXREX had a total return of -2.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.35%.
