PRXG vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricPRXGSPYWinner
Expense Ratio0.36%0.09%
AUM$84M$789.1B
Dividend Yield0.10%1.01%
Holdings165505
YTD Return+10.61%+13.28%
1Y Return+20.10%+23.94%
3Y Return (annualized)+44.63%+21.07%
5Y Return (annualized)+139.60%+13.27%
Volatility (annualized)4369.3%15.3%
Max Drawdown-99.8%-56.5%
Fund FamilyPraxis Mutual FundsState Street Investment Management
CategoryEquityEquity
InceptionApr 7, 2025Jan 22, 1993

PRXG vs SPY Performance

Praxis Impact Large Cap Growth ETF (PRXG) is a ETF from Praxis Mutual Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year PRXG returned +20.10% while SPY returned +23.94%. Year to date, PRXG is up 10.61% versus a gain of 13.28% for SPY.

Over three years, PRXG compounded at +44.63% per year against +21.07% for SPY; over five years the annualized figures are +139.60% and +13.27% respectively. Across the full 14-year window we track, PRXG has the edge at +20.95% annualized vs +8.84%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PRXG has been the more volatile fund, with annualized monthly volatility of 4369.3% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -99.8% for PRXG and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.06. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PRXG charges 0.36% per year while SPY charges 0.09%. On a $10,000 position that is $36 vs $9 annually, a gap of $27 per year that compounds over a long holding period. On income, PRXG currently yields 0.10% against 1.01% for SPY.

Holdings Overlap

52.4%overlap

PRXG and SPY share 140 holdings out of 525 unique holdings combined, representing a 52.4% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in PRXGWeight in SPYDifference
NVDA13.34%7.31%6.03%
AAPL12.22%7.09%5.13%
MSFT9.27%4.43%4.84%
GOOGProProPro
AMZNProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
LLYProProPro
VProProPro
See all 10 holdings PRXG shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, PRXG or SPY?

PRXG has an expense ratio of 0.36% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $27 per year of difference.

Which performed better, PRXG or SPY?

Over the past year PRXG returned +20.10% vs +23.94% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (14 years), PRXG annualized +20.95% vs +8.84% for SPY. Past performance does not guarantee future results.

Which is riskier, PRXG or SPY?

PRXG has been the more volatile fund at 4369.3% annualized versus 15.3% for SPY. Worst drawdown: PRXG -99.8% vs SPY -56.5%.

Should I hold both PRXG and SPY?

PRXG and SPY have a monthly-return correlation of -0.06, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PRXG and SPY?

PRXG and SPY share 140 common holdings with a 52.4% weight overlap. Combined, they hold 525 unique securities.

Which pays a higher dividend, PRXG or SPY?

PRXG yields 0.10% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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