Pax Ellevate Global Women’s Leadership Fund (PXWEX)
Under normal circumstances, the fund invests more than 80% of its total assets in the component securities of the Women's index and in American Depositary Receipts, Global Depositary Receipts and Euro Depositary Receipts representing the component securities of the Women's index.
Fund Info
| ISIN | US70422T2087 |
|---|---|
| CUSIP | 70422T208 |
| Issuer | Impax Asset Management |
| Inception Date | Sep 30, 1993 |
| Category | Global Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
PXWEX has a high expense ratio of 0.77%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PXWEX vs. EFIV, PXWEX vs. VTWO
Performance
Performance Chart
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.
Returns By Period
Pax Ellevate Global Women’s Leadership Fund had a return of 3.19% year-to-date (YTD) and 12.65% in the last 12 months. Over the past 10 years, Pax Ellevate Global Women’s Leadership Fund had an annualized return of 7.36%, while the S&P 500 had an annualized return of 10.84%, indicating that Pax Ellevate Global Women’s Leadership Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.19% | 10.00% |
| 1 month | 2.57% | 2.41% |
| 6 months | 11.12% | 16.70% |
| 1 year | 12.65% | 26.85% |
| 5 years (annualized) | 7.44% | 12.81% |
| 10 years (annualized) | 7.36% | 10.84% |
Monthly Returns
The table below presents the monthly returns of PXWEX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.28% | 3.39% | 1.35% | -4.59% | 3.19% | ||||||||
| 2023 | 6.97% | -2.74% | 2.50% | 2.65% | -3.32% | 4.44% | 1.89% | -2.52% | -4.55% | -1.75% | 8.99% | 5.29% | 18.14% |
| 2022 | -6.57% | -3.08% | 1.95% | -7.27% | -0.63% | -8.27% | 7.54% | -5.34% | -8.93% | 7.58% | 8.04% | -4.85% | -19.99% |
| 2021 | -1.94% | 2.45% | 3.71% | 4.59% | 1.75% | 1.29% | 1.74% | 2.09% | -4.86% | 5.95% | -3.67% | 3.54% | 17.28% |
| 2020 | -0.33% | -7.73% | -14.34% | 11.00% | 5.42% | 2.29% | 4.78% | 4.90% | -2.73% | -2.74% | 11.97% | 3.52% | 13.67% |
| 2019 | 7.49% | 3.76% | 0.94% | 4.11% | -5.11% | 6.22% | 0.62% | -2.67% | 2.62% | 0.39% | 3.05% | 2.95% | 26.44% |
| 2018 | 4.64% | -4.28% | -1.72% | 1.58% | 0.00% | 0.35% | 3.50% | 1.32% | 0.61% | -6.94% | 1.76% | -8.02% | -7.78% |
| 2017 | 3.02% | 2.88% | 1.42% | 1.67% | 1.96% | 0.79% | 2.67% | -0.13% | 2.26% | 1.84% | 2.21% | 1.87% | 24.87% |
| 2016 | -4.41% | -0.11% | 7.00% | 1.04% | -0.00% | -0.98% | 3.71% | 0.19% | -0.72% | -2.23% | 1.09% | 1.71% | 6.01% |
| 2015 | -1.62% | 5.22% | -1.84% | 1.35% | -0.33% | -1.92% | 2.18% | -6.10% | -2.22% | 6.27% | -0.30% | -1.12% | -1.05% |
| 2014 | -3.99% | 5.60% | 0.09% | 1.31% | 2.05% | 0.82% | -1.59% | 2.51% | -2.32% | 0.72% | 2.71% | -1.70% | 5.99% |
| 2013 | 4.36% | -0.33% | 2.12% | 2.13% | -0.31% | -2.15% | 4.65% | -1.96% | 5.63% | 3.99% | 2.11% | 2.25% | 24.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PXWEX is 39, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
PXWEX (Pax Ellevate Global Women’s Leadership Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Pax Ellevate Global Women’s Leadership Fund (PXWEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Pax Ellevate Global Women’s Leadership Fund granted a 1.55% dividend yield in the last twelve months. The annual payout for that period amounted to $0.51 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.51 | $0.85 | $0.43 | $0.31 | $0.82 | $1.08 | $0.62 | $0.37 | $0.48 | $2.67 | $0.19 |
Dividend yield | 1.55% | 1.60% | 3.12% | 1.21% | 1.04% | 3.03% | 4.90% | 2.49% | 1.80% | 2.41% | 13.06% | 0.89% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.61 | $0.85 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.43 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.31 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.82 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $1.08 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.62 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.37 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.48 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.29 | $2.67 |
| 2013 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
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 58.74%, occurring on Mar 9, 2009. Recovery took 1339 trading sessions.
The current Pax Ellevate Global Women’s Leadership Fund drawdown is 4.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.74% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1339 | Jul 3, 2014 | 1677 |
| -34.47% | Feb 20, 2020 | 23 | Mar 23, 2020 | 111 | Aug 28, 2020 | 134 |
| -29.67% | Nov 17, 2021 | 227 | Oct 12, 2022 | — | — | — |
| -17.67% | Sep 24, 2018 | 64 | Dec 24, 2018 | 75 | Apr 12, 2019 | 139 |
| -14.64% | May 18, 2015 | 187 | Feb 11, 2016 | 124 | Aug 9, 2016 | 311 |
Volatility
Volatility Chart
The current Pax Ellevate Global Women’s Leadership Fund volatility is 2.93%, 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.