FTA vs. PRXV

Last updated Jun 3, 2026

FTA (First Trust Large Cap Value AlphaDEX Fund) and PRXV (Praxis Impact Large Cap Value ETF) are both Large Cap Value Equities funds. FTA is passively managed, while PRXV is actively managed. A 0.76 correlation means they provide meaningful diversification when combined. FTA charges 0.60%/yr vs 0.36%/yr for PRXV.

Performance

FTA vs. PRXV - Performance Comparison

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

Returns By Period

FTA

• 1D: 0.53%
• 1M: 1.23%
• YTD: 11.74%
• 6M: 13.79%
• 1Y: 29.01%
• 3Y*: 16.54%
• 5Y*: 9.26%
• 10Y*: 11.10%

PRXV

• 1D: 0.86%
• 1M: 3.47%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTA vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
FTA First Trust Large Cap Value AlphaDEX Fund	0.53%
PRXV Praxis Impact Large Cap Value ETF	4.54%

Correlation

The correlation between FTA and PRXV is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.76

Return for Risk

FTA vs. PRXV — Risk / Return Rank

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

FTA

FTA Risk / Return Rank: 81
FTA Sharpe Ratio Rank: 76
FTA Sortino Ratio Rank: 82
FTA Omega Ratio Rank: 72
FTA Calmar Ratio Rank: 90
FTA Martin Ratio Rank: 85

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.

FTA vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Large Cap Value AlphaDEX Fund (FTA) 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.

	FTA	PRXV	Difference
Sharpe ratio Return per unit of total volatility	2.53	—	—
Sortino ratio Return per unit of downside risk	3.73	—	—
Omega ratio Gain probability vs. loss probability	1.44	—	—
Calmar ratio Return relative to maximum drawdown	5.72	—	—
Martin ratio Return relative to average drawdown	18.25	—	—
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

	FTA	PRXV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	4.69	-4.31

Drawdowns

FTA vs. PRXV - Drawdown Comparison

The maximum FTA drawdown since its inception was -62.45%, which is greater than PRXV's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for FTA and PRXV.

Drawdown Indicators

	FTA	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-62.45%	-1.18%	-61.27%
Max Drawdown (1Y) Largest decline over 1 year	-5.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.97%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.04%	-0.33%	-8.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	—	—

Volatility

Volatility by Period

	FTA	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.43%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.54%	9.81%	+1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.26%	9.81%	+6.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	9.81%	+10.16%

FTA vs. PRXV - Expense Ratio Comparison

FTA has a 0.60% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

FTA vs. PRXV - Dividend Comparison

FTA's dividend yield for the trailing twelve months is around 1.66%, while PRXV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTA First Trust Large Cap Value AlphaDEX Fund	1.66%	1.89%	2.02%	2.10%	2.15%	1.54%	2.03%	1.88%	2.28%	1.53%	1.56%	2.05%
PRXV Praxis Impact Large Cap Value ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTA and PRXV in my portfolio?

FTA and PRXV have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTA 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, FTA or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.60% for FTA.

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

FTA has the higher dividend yield at 1.66%, compared with 0.00% for PRXV.

What is the main difference between FTA and PRXV?

They also come from different issuers: First Trust and Praxis. Their fees differ too: 0.60% for FTA and 0.36% for PRXV.