FTKI vs. PRXV

Last updated Jun 4, 2026

FTKI (First Trust Small Cap BuyWrite Income ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - FTKI is a Derivative Income 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 0.06 correlation, their price movements are largely independent. FTKI charges 0.85%/yr vs 0.36%/yr for PRXV.

Performance

FTKI vs. PRXV - Performance Comparison

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

Returns By Period

FTKI

• 1D: -0.19%
• 1M: 0.46%
• YTD: 9.41%
• 6M: 9.82%
• 1Y: 18.90%
• 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)

FTKI vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
FTKI First Trust Small Cap BuyWrite Income ETF	0.55%
PRXV Praxis Impact Large Cap Value ETF	4.51%

Correlation

The correlation between FTKI and PRXV is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.06

Return for Risk

FTKI vs. PRXV — Risk / Return Rank

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

FTKI

FTKI Risk / Return Rank: 63
FTKI Sharpe Ratio Rank: 59
FTKI Sortino Ratio Rank: 61
FTKI Omega Ratio Rank: 61
FTKI Calmar Ratio Rank: 70
FTKI Martin Ratio Rank: 64

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.

FTKI vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Small Cap BuyWrite Income ETF (FTKI) 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.

	FTKI	PRXV	Difference
Sharpe ratio: Return per unit of total volatility	1.96	—	—
Sortino ratio: Return per unit of downside risk	2.81	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.41	—	—
Martin ratio: Return relative to average drawdown	11.54	—	—
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

	FTKI	PRXV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	4.54	-3.82

Drawdowns

FTKI vs. PRXV - Drawdown Comparison

The maximum FTKI drawdown since its inception was -15.17%, which is greater than PRXV's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for FTKI and PRXV.

Drawdown Indicators

	FTKI	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-15.17%	-1.18%	-13.99%
Max Drawdown (1Y) Largest decline over 1 year	-5.56%	—	—
Current Drawdown Current decline from peak	-0.97%	-0.03%	-0.94%
Average Drawdown Average peak-to-trough decline	-2.59%	-0.32%	-2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	—	—

Volatility

Volatility by Period

	FTKI	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.44%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.69%	9.66%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.31%	9.66%	+5.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.31%	9.66%	+5.65%

FTKI vs. PRXV - Expense Ratio Comparison

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

Dividends

FTKI vs. PRXV - Dividend Comparison

FTKI's dividend yield for the trailing twelve months is around 11.51%, while PRXV has not paid dividends to shareholders.

Position	TTM	2025
FTKI First Trust Small Cap BuyWrite Income ETF	11.51%	8.99%
PRXV Praxis Impact Large Cap Value ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both FTKI and PRXV in my portfolio?

FTKI and PRXV have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FTKI 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, FTKI or PRXV?

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

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

FTKI has the higher dividend yield at 11.51%, compared with 0.00% for PRXV.

What is the main difference between FTKI and PRXV?

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