Praxis Growth Index Fund (MMDEX)
The fund invests primarily in U.S. equity securities and seeks to reflect the performance of the U.S. large capitalization growth equities market, as measured by the S&P 500 Growth Index. Under normal circumstances, it invests at least 80 percent of the value of its assets in securities of, and investments related to, issuers in the fund's benchmark index. The fund seeks to invest in companies aligned with the Stewardship Investing core values.
Fund Info
US74006E8681
74006E868
May 1, 2007
$100,000
Large-Cap
Growth
Expense Ratio
MMDEX features an expense ratio of 0.36%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Praxis Growth Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Praxis Growth Index Fund had a return of 3.28% year-to-date (YTD) and 28.28% in the last 12 months. Over the past 10 years, Praxis Growth Index Fund had an annualized return of 11.84%, while the S&P 500 benchmark had an annualized return of 11.26%, indicating that Praxis Growth Index Fund performed slightly bigger than the benchmark.
MMDEX
3.28%
1.38%
10.90%
28.28%
12.27%
11.84%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of MMDEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.83% | 3.28% | |||||||||||
| 2024 | 2.83% | 6.89% | 1.82% | -4.01% | 6.34% | 7.07% | -1.11% | 2.01% | 2.84% | -0.86% | 5.35% | -0.44% | 31.95% |
| 2023 | 5.88% | -2.09% | 5.94% | 1.30% | 2.78% | 6.25% | 3.00% | -0.57% | -5.39% | -2.34% | 8.70% | 2.71% | 28.36% |
| 2022 | -8.39% | -4.89% | 4.32% | -11.62% | -1.38% | -8.26% | 12.53% | -5.26% | -9.78% | 5.32% | 5.34% | -12.33% | -32.01% |
| 2021 | -0.58% | 0.09% | 2.85% | 6.53% | -0.83% | 5.64% | 3.89% | 3.99% | -5.77% | 8.92% | 1.54% | -1.41% | 26.77% |
| 2020 | 2.08% | -6.92% | -9.39% | 14.26% | 6.07% | 4.05% | 6.85% | 9.33% | -4.54% | -2.98% | 9.37% | -2.28% | 25.52% |
| 2019 | 7.47% | 3.69% | 3.03% | 4.08% | -5.05% | 5.99% | 1.46% | -0.59% | 0.30% | 1.78% | 3.31% | -2.37% | 24.89% |
| 2018 | 6.85% | -2.26% | -2.85% | 0.59% | 4.22% | 0.73% | 3.46% | 4.97% | 0.52% | -7.99% | 1.88% | -11.51% | -2.97% |
| 2017 | 2.91% | 3.85% | 1.24% | 1.95% | 2.83% | -0.33% | 2.43% | 1.32% | 1.22% | 3.34% | 2.84% | -2.20% | 23.42% |
| 2016 | -5.23% | -0.36% | 6.79% | -0.78% | 2.36% | -0.49% | 4.75% | -0.05% | 0.58% | -2.46% | 1.29% | 1.50% | 7.61% |
| 2015 | -2.19% | 6.01% | -1.67% | 0.40% | 1.63% | -1.94% | 3.34% | -6.07% | -2.33% | 9.30% | 0.16% | -1.69% | 4.09% |
| 2014 | -3.01% | 4.86% | -0.84% | 0.32% | 3.17% | 2.38% | -0.80% | 4.14% | -0.95% | 2.81% | 3.09% | -0.99% | 14.77% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 77, MMDEX is among the top 23% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Praxis Growth Index Fund (MMDEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Praxis Growth Index Fund provided a 0.47% dividend yield over the last twelve months, with an annual payout of $0.24 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.24 | $0.33 | $0.02 | $0.15 | $0.20 | $0.29 | $0.31 | $0.16 | $0.20 | $0.28 | $0.19 |
Dividend yield | 0.47% | 0.48% | 0.88% | 0.07% | 0.34% | 0.60% | 1.05% | 1.38% | 0.67% | 1.08% | 1.55% | 1.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Praxis Growth Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2014 | $0.19 | $0.19 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Praxis Growth Index Fund. 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 Praxis Growth Index Fund was 49.77%, occurring on Mar 9, 2009. Recovery took 588 trading sessions.
The current Praxis Growth Index Fund drawdown is 1.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.77% | Nov 1, 2007 | 338 | Mar 9, 2009 | 588 | Jul 7, 2011 | 926 |
| -35.86% | Nov 22, 2021 | 282 | Jan 5, 2023 | 360 | Jun 12, 2024 | 642 |
| -30.55% | Feb 20, 2020 | 23 | Mar 23, 2020 | 54 | Jun 9, 2020 | 77 |
| -22.76% | Oct 2, 2018 | 58 | Dec 24, 2018 | 122 | Jun 20, 2019 | 180 |
| -16.74% | Jul 8, 2011 | 61 | Oct 3, 2011 | 83 | Feb 1, 2012 | 144 |
Volatility
Volatility Chart
The current Praxis Growth Index Fund volatility is 4.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.