Pax Ellevate Global Women’s Leadership Fund (PXWEX)

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The chart shows the growth of an initial investment of $10,000 in Pax Ellevate Global Women’s Leadership Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Pax Ellevate Global Women’s Leadership Fund (PXWEX) has returned -7.00% so far this year and 12.67% over the past 12 months. Over the last ten years, PXWEX has returned 8.82% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 18, 1993, PXWEX's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, your investment would double in approximately 10.2 years.

Historically, 60% of months were positive and 40% were negative. The best month was Mar 2000 with a return of +12.5%, while the worst month was Oct 2008 at -20.0%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PXWEX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +10.7%, while the worst single day was Mar 16, 2020 at -11.3%.

Pax Ellevate Global Women’s Leadership Fund has an annualized alpha of -1.60%, beta of 0.92, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since October 19, 1993.

• This fund participated in 94.38% of S&P 500 Index downside but only 83.53% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 0.92 and R² of 0.91, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

PXWEX has an expense ratio of 0.77%, placing it in the medium range.

PXWEX ranks 37 for risk / return — below 37% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Pax Ellevate Global Women’s Leadership Fund (PXWEX) and compare them to a chosen benchmark (S&P 500 Index).

Pax Ellevate Global Women’s Leadership Fund provided a 10.57% dividend yield over the last twelve months, with an annual payout of $3.40 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Pax Ellevate Global Women’s Leadership Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Pax Ellevate Global Women’s Leadership 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 Pax Ellevate Global Women’s Leadership Fund was 53.70%, occurring on Mar 9, 2009. Recovery took 1165 trading sessions.

The current Pax Ellevate Global Women’s Leadership Fund drawdown is 9.48%.

The chart below shows the rolling one-month volatility.