ASLV vs. PRXV

Last updated Jun 4, 2026

ASLV (Allspring Special Large Value ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. ASLV charges 0.35%/yr vs 0.36%/yr for PRXV.

Performance

ASLV vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Special Large Value ETF (ASLV) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASLV

• 1D: -0.46%
• 1M: 0.27%
• YTD: 4.75%
• 6M: 4.40%
• 1Y: 16.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRXV

• 1D: -0.03%
• 1M: 4.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASLV vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
ASLV Allspring Special Large Value ETF	0.18%
PRXV Praxis Impact Large Cap Value ETF	4.51%

Correlation

The correlation between ASLV and PRXV is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.83

Return for Risk

ASLV vs. PRXV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASLV

ASLV Risk / Return Rank: 41
ASLV Sharpe Ratio Rank: 41
ASLV Sortino Ratio Rank: 42
ASLV Omega Ratio Rank: 39
ASLV Calmar Ratio Rank: 40
ASLV Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASLV vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Special Large Value ETF (ASLV) and Praxis Impact Large Cap Value ETF (PRXV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ASLV	PRXV	Difference
Sharpe ratio: Return per unit of total volatility	1.43	—	—
Sortino ratio: Return per unit of downside risk	2.08	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	1.94	—	—
Martin ratio: Return relative to average drawdown	6.83	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ASLV	PRXV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	4.54	-3.47

Drawdowns

ASLV vs. PRXV - Drawdown Comparison

The maximum ASLV drawdown since its inception was -10.98%, which is greater than PRXV's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for ASLV and PRXV.

Drawdown Indicators

	ASLV	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-10.98%	-1.18%	-9.80%
Max Drawdown (1Y) Largest decline over 1 year	-8.69%	—	—
Current Drawdown Current decline from peak	-1.79%	-0.03%	-1.76%
Average Drawdown Average peak-to-trough decline	-1.75%	-0.32%	-1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.46%	—	—

Volatility

Volatility by Period

	ASLV	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.83%	9.66%	+2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.26%	9.66%	+5.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.26%	9.66%	+5.60%

ASLV vs. PRXV - Expense Ratio Comparison

ASLV has a 0.35% expense ratio, which is lower than PRXV's 0.36% expense ratio.

Dividends

ASLV vs. PRXV - Dividend Comparison

ASLV's dividend yield for the trailing twelve months is around 0.83%, while PRXV has not paid dividends to shareholders.

Position	TTM	2025
ASLV Allspring Special Large Value ETF	0.83%	0.87%
PRXV Praxis Impact Large Cap Value ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both ASLV and PRXV in my portfolio?

ASLV and PRXV have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ASLV or PRXV?

On fees, ASLV is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASLV or PRXV?

ASLV is cheaper with a 0.35% expense ratio, compared with 0.36% for PRXV.

Which ETF pays a higher dividend yield, ASLV or PRXV?

ASLV has the higher dividend yield at 0.83%, compared with 0.00% for PRXV.

What is the main difference between ASLV and PRXV?

They also come from different issuers: Allspring and Praxis. Their fees differ too: 0.35% for ASLV and 0.36% for PRXV.