Praxis Impact Large Cap Value ETF

Frequently Asked Questions About PRXV

What does PRXV invest in?

The Praxis Impact Large Cap Value ETF (PRXV) is an actively managed exchange-traded fund that seeks to provide capital appreciation by investing in large-cap U.S. companies with value characteristics. The fund applies faith-based equity screens consistent with Praxis's stewardship investing core values, aiming to align investments with the values of faith-based investors. It employs quantitative equity strategies similar to those used in the Praxis Value Index Fund (MVIIX) and utilizes optimization techniques to limit tracking error relative to its benchmark, the CRSP US Large Cap Value Index.

What is the expense ratio of PRXV?

Praxis Impact Large Cap Value ETF (PRXV) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PRXV?

Praxis Impact Large Cap Value ETF (PRXV) manages $53.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PRXV actively managed or an index fund?

PRXV is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRXV's is 0.36%) in exchange for the discretion to over- or under-weight positions.

When was PRXV launched?

Praxis Impact Large Cap Value ETF (PRXV) launched in April 2025 and is managed by Praxis.

How has PRXV performed?

PRXV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.