AUGM vs. PRXV

Last updated Jun 4, 2026

AUGM (FT Vest U.S. Equity Max Buffer ETF - August) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - AUGM is a Defined Outcome fund actively managed by First Trust, while PRXV is a Large Cap Value Equities fund actively managed by Praxis. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. AUGM charges 0.85%/yr vs 0.36%/yr for PRXV.

Performance

AUGM vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Max Buffer ETF - August (AUGM) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AUGM

• 1D: -0.03%
• 1M: 0.85%
• YTD: 2.74%
• 6M: 3.18%
• 1Y: 7.62%
• 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)

AUGM vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
AUGM FT Vest U.S. Equity Max Buffer ETF - August	1.17%
PRXV Praxis Impact Large Cap Value ETF	4.51%

Correlation

The correlation between AUGM and PRXV is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.42

Return for Risk

AUGM vs. PRXV — Risk / Return Rank

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

AUGM

AUGM Risk / Return Rank: 93
AUGM Sharpe Ratio Rank: 93
AUGM Sortino Ratio Rank: 95
AUGM Omega Ratio Rank: 95
AUGM Calmar Ratio Rank: 86
AUGM Martin Ratio Rank: 94

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.

AUGM vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Max Buffer ETF - August (AUGM) 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.

	AUGM	PRXV	Difference
Sharpe ratio: Return per unit of total volatility	3.37	—	—
Sortino ratio: Return per unit of downside risk	5.36	—	—
Omega ratio: Gain probability vs. loss probability	1.75	—	—
Calmar ratio: Return relative to maximum drawdown	4.73	—	—
Martin ratio: Return relative to average drawdown	26.17	—	—
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

	AUGM	PRXV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.37	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.87	4.54	-2.67

Drawdowns

AUGM vs. PRXV - Drawdown Comparison

The maximum AUGM drawdown since its inception was -4.27%, which is greater than PRXV's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for AUGM and PRXV.

Drawdown Indicators

	AUGM	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-4.27%	-1.18%	-3.09%
Max Drawdown (1Y) Largest decline over 1 year	-1.62%	—	—
Current Drawdown Current decline from peak	-0.03%	-0.03%	0.00%
Average Drawdown Average peak-to-trough decline	-0.35%	-0.32%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	—	—

Volatility

Volatility by Period

	AUGM	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.26%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.28%	9.66%	-7.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.55%	9.66%	-6.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.55%	9.66%	-6.11%

AUGM vs. PRXV - Expense Ratio Comparison

AUGM has a 0.85% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

AUGM vs. PRXV - Dividend Comparison

Neither AUGM nor PRXV has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AUGM and PRXV in my portfolio?

AUGM and PRXV have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AUGM or PRXV?

On fees, PRXV is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUGM or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.85% for AUGM.

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

AUGM and PRXV have nearly identical dividend yields, around 0.00%.

What is the main difference between AUGM and PRXV?

AUGM is categorized as Defined Outcome, while PRXV is Large Cap Value Equities. They also come from different issuers: First Trust and Praxis. Their fees differ too: 0.85% for AUGM and 0.36% for PRXV.