Praxis Value Index Fund (MVIAX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MVIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MVIAX
MVIAX charges 0.78% annually. There are 161 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | MVIAX vs FBLEX | |
| Vanguard Value Index Fund Institutional Shares | 0.03% | — | Jul 1998 | MVIAX vs VIVIX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | MVIAX vs SWLVX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | MVIAX vs FLCOX | |
| Vanguard Value Index Fund Admiral Shares | 0.05% | 245.00B | Nov 2000 | MVIAX vs VVIAX |
Best Risk-Adjusted Alternatives to MVIAX
MVIAX has a PortfoliosLab risk / return rank of 89. There are 74 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 97 | — | Oct 1993 | MVIAX vs FGIPX | |
| Delaware Growth and Income Fund | 97 | — | Oct 1993 | MVIAX vs FGINX | |
| BlackRock Advantage Large Cap Value Fund | 96 | — | Dec 1999 | MVIAX vs MALVX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 96 | — | Jun 2022 | MVIAX vs AVLVX | |
| PIMCO RAE US Fund | 96 | — | Jun 2015 | MVIAX vs PKAIX |
Top Performing MVIAX Alternatives (YTD)
MVIAX is at 15.80% YTD. There are 71 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 26.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO RAE US Fund | 26.69% | — | Jun 2015 | MVIAX vs PKAIX | |
| Voya Corporate Leaders Trust Fund | 25.66% | — | Nov 1935 | MVIAX vs LEXCX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 24.02% | — | Jun 2022 | MVIAX vs AVLVX | |
| PIMCO RAE PLUS Fund | 22.46% | — | Jun 2005 | MVIAX vs PXTIX | |
| Virtus NFJ Dividend Value Fund | 22.28% | — | May 2000 | MVIAX vs NFJEX |
Lowest Volatility Alternatives to MVIAX
MVIAX has 10.27% 1-year volatility. There are 59 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 1.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro Equity Opportunities Fund | 1.33% | — | Sep 2017 | MVIAX vs SHXPX | |
| Advisors Capital Tactical Fixed Income Fund | 3.63% | — | Feb 2021 | MVIAX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.36% | — | Dec 1973 | MVIAX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.49% | — | Feb 1996 | MVIAX vs FALGX | |
| SEI Institutional Managed Trust Tax-Managed Manage... | 8.54% | — | Dec 2007 | MVIAX vs TMMAX |
Lowest Drawdown Alternatives to MVIAX
MVIAX has a 1-year max drawdown of -6.29%. There are 48 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | MVIAX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | MVIAX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | MVIAX vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | MVIAX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | MVIAX vs SVAIX |
Other Mutual Funds from Praxis Mutual Funds
The 7 most viewed Praxis Mutual Funds mutual funds shown here include MMDEX, MMSIX, MBAPX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Praxis Growth Index Fund | Large Cap Growth Equities | 29 | 10.34% | — | May 2007 | MVIAX vs MMDEX | |
| Praxis Small Cap Index Fund | Small Cap Blend Equities | 52 | 16.79% | — | May 2007 | MVIAX vs MMSIX | |
| Praxis Genesis Balanced Portfolio | Diversified Portfolio | 72 | 8.70% | — | Dec 2009 | MVIAX vs MBAPX | |
| Praxis International Index Fund | Foreign Large Cap Equities | 59 | 15.27% | — | Dec 2010 | MVIAX vs MPLIX | |
| Praxis Impact Bond Fund | Intermediate Core Bond | 22 | 0.08% | — | May 1999 | MVIAX vs MIIAX | |
| Praxis Genesis Growth Portfolio | Diversified Portfolio | 71 | 11.60% | — | Dec 2009 | MVIAX vs MGAFX | |
| Praxis Genesis Conservative Portfolio | Diversified Portfolio | 52 | 3.17% | — | Dec 2009 | MVIAX vs MCONX |
Often Compared With MVIAX
Investors most often compare MVIAX with VALAX, YAFFX, VIHAX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MVIAX with Any Fund or Stock
Compare MVIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MVIAX with funds that move differently
Praxis Value Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MVIAX.
Explore MVIAX Diversifiers