- ISIN
- US74006E8681
- CUSIP
- 74006E868
- Issuer
- Praxis Mutual Funds
- Inception Date
- May 1, 2007
- Category
- Large Cap Growth Equities
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
MMDEX Performance Chart
Praxis Growth Index Fund (MMDEX) is up 5.8% since the beginning of the year. MMDEX is currently trading at $59 per share. Investors who bought $1,000 worth of MMDEX shares 5 years ago would now be looking at an investment worth $1,681.
Loading charts...
Compare this symbol against anything
Returns By Period
Praxis Growth Index Fund (MMDEX) has returned 5.78% so far this year and 17.19% over the past 12 months. Looking at the last ten years, MMDEX has achieved an annualized return of 16.87%, outperforming the S&P 500 Index benchmark, which averaged 13.26% per year.
Praxis Growth Index Fund
- 1D
- 2.25%
- 1M
- -1.59%
- 6M
- 6.76%
- YTD
- 5.78%
- 1Y
- 17.19%
- 3Y*
- 20.12%
- 5Y*
- 10.94%
- 10Y*
- 16.87%
- ALL TIME*
- 12.39%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
MMDEX Monthly Returns History
Based on dividend-adjusted daily data since May 2, 2007, MMDEX's average daily return is +0.05%, while the average monthly return is +1.09%. At this rate, an investment would double in approximately 5.3 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +14.3%, while the worst month was Oct 2008 at -17.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MMDEX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +11.8%, while the worst single day was Mar 16, 2020 at -11.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.92% | -3.89% | -5.09% | 14.09% | 7.93% | -2.51% | -2.51% | 5.78% | |||||
| 2025 | 1.83% | -3.22% | -8.55% | 1.54% | 8.39% | 6.30% | 3.51% | 1.10% | 5.22% | 4.23% | -1.24% | -0.97% | 18.34% |
| 2024 | 2.83% | 6.89% | 1.82% | -4.01% | 6.34% | 7.07% | -1.11% | 2.01% | 2.84% | -0.86% | 5.35% | 0.69% | 33.44% |
| 2023 | 5.88% | -2.09% | 5.94% | 1.30% | 2.78% | 6.25% | 3.00% | -0.57% | -5.39% | -2.34% | 8.70% | 3.89% | 29.82% |
| 2022 | -8.39% | -4.89% | 4.32% | -11.62% | -1.38% | -8.26% | 12.53% | -5.26% | -9.78% | 5.32% | 5.34% | -7.46% | -28.23% |
| 2021 | -0.58% | 0.09% | 2.85% | 6.53% | -0.83% | 5.64% | 3.89% | 3.99% | -5.77% | 8.92% | 1.54% | -0.36% | 28.12% |
Benchmark Metrics
Praxis Growth Index Fund has an annualized alpha of 3.51%, beta of 1.00, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since May 02, 2007.
- This fund captured 112.01% of S&P 500 Index gains but only 96.09% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 3.51% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.00 and R2 of 0.94, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.51%
- Beta
- 1.00
- R²
- 0.94
- Upside Capture
- 112.01%
- Downside Capture
- 96.09%
Expense Ratio
MMDEX has an expense ratio of 0.36%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MMDEX ranks 20 for risk / return — above 20% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Praxis Growth Index Fund (MMDEX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MMDEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 2.00 | -1.06 |
| Martin ratioReturn relative to average drawdown | 3.08 | 8.49 | -5.41 |
Dividends
Dividend History
Praxis Growth Index Fund provided a 4.43% dividend yield over the last twelve months, with an annual payout of $2.60 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.60 | $2.60 | $0.81 | $0.75 | $1.70 | $0.61 | $2.28 | $3.36 | $1.12 | $0.79 | $0.20 | $0.27 |
Dividend yield | 4.43% | 4.69% | 1.65% | 2.02% | 5.77% | 1.42% | 6.66% | 12.23% | 5.03% | 3.42% | 1.08% | 1.54% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.60 | $2.60 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.81 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.75 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.70 | $1.70 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.61 |
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.
Loading charts...
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 49.99%, occurring on Mar 9, 2009. Recovery took 734 trading sessions.
The current Praxis Growth Index Fund drawdown is 5.70%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-49.99%Mar 2009 | 1y 4mo | 2y 11mo | 4y 3moNov 2007 - Feb 2012 | Financial crisis2007–2009 |
-33.36%Oct 2022 | 10mo 26d | 1y 4mo | 2y 3moNov 2021 - Mar 2024 | Bear market2022 |
-30.55%Mar 2020 | 1mo 2d | 2mo 18d | 3mo 20dFeb 2020 - Jun 2020 | COVID crash2020 |
-23.16%Apr 2025 | 3mo 22d | 2mo 19d | 6mo 11dDec 2024 - Jun 2025 | 2025 selloff2025 |
-20.14%Dec 2018 | 2mo 23d | 3mo 19d | 6mo 12dOct 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| MMDEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.99% | -56.78% | +6.79% |
Max Drawdown (1Y)Largest decline over 1 year | -15.73% | -9.10% | -6.63% |
Max Drawdown (3Y)Largest decline over 3 years | -23.16% | -18.90% | -4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -33.36% | -25.43% | -7.93% |
Max Drawdown (10Y)Largest decline over 10 years | -33.36% | -33.92% | +0.56% |
Current DrawdownCurrent decline from peak | -5.70% | -1.58% | -4.12% |
Average DrawdownAverage peak-to-trough decline | -7.92% | -10.70% | +2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.79% | 2.14% | +2.65% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with MMDEX
Add Praxis Growth Index Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with MMDEX