EFIV vs. PXWEX
Compare and contrast key facts about SPDR S&P 500 ESG ETF (EFIV) and Pax Ellevate Global Women’s Leadership Fund (PXWEX).
EFIV is a passively managed fund by State Street that tracks the performance of the S&P 500 ESG Index. It was launched on Jul 27, 2020. PXWEX is managed by Impax Asset Management. It was launched on Sep 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EFIV or PXWEX.
Performance
EFIV vs. PXWEX - Performance Comparison
Returns By Period
In the year-to-date period, EFIV achieves a 25.84% return, which is significantly higher than PXWEX's 12.12% return.
EFIV
25.84%
1.69%
13.27%
31.56%
N/A
N/A
PXWEX
12.12%
-0.14%
8.52%
19.20%
7.26%
5.91%
Key characteristics
| EFIV | PXWEX | |
|---|---|---|
| Sharpe Ratio | 2.60 | 1.78 |
| Sortino Ratio | 3.48 | 2.44 |
| Omega Ratio | 1.48 | 1.32 |
| Calmar Ratio | 3.56 | 1.30 |
| Martin Ratio | 15.76 | 9.81 |
| Ulcer Index | 2.04% | 1.99% |
| Daily Std Dev | 12.36% | 10.96% |
| Max Drawdown | -24.53% | -58.74% |
| Current Drawdown | -0.59% | -1.28% |
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EFIV vs. PXWEX - Expense Ratio Comparison
EFIV has a 0.10% expense ratio, which is lower than PXWEX's 0.77% expense ratio.
Correlation
The correlation between EFIV and PXWEX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
EFIV vs. PXWEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P 500 ESG ETF (EFIV) and Pax Ellevate Global Women’s Leadership Fund (PXWEX). 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.
Dividends
EFIV vs. PXWEX - Dividend Comparison
EFIV's dividend yield for the trailing twelve months is around 1.15%, less than PXWEX's 1.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFIV SPDR S&P 500 ESG ETF | 1.15% | 1.37% | 1.64% | 1.18% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PXWEX Pax Ellevate Global Women’s Leadership Fund | 1.80% | 1.60% | 0.87% | 1.21% | 1.04% | 1.63% | 1.98% | 1.46% | 1.80% | 1.60% | 2.23% | 0.89% |
Drawdowns
EFIV vs. PXWEX - Drawdown Comparison
The maximum EFIV drawdown since its inception was -24.53%, smaller than the maximum PXWEX drawdown of -58.74%. Use the drawdown chart below to compare losses from any high point for EFIV and PXWEX. For additional features, visit the drawdowns tool.
Volatility
EFIV vs. PXWEX - Volatility Comparison
SPDR S&P 500 ESG ETF (EFIV) has a higher volatility of 3.95% compared to Pax Ellevate Global Women’s Leadership Fund (PXWEX) at 3.46%. This indicates that EFIV's price experiences larger fluctuations and is considered to be riskier than PXWEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.