GLBL vs. PRXV

Last updated Jul 17, 2026

GLBL (Pacer MSCI World Industry Advantage ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - GLBL is a Global Equities fund tracking the MSCI World Ricardo Comparative Advantage Select Index, while PRXV is a Large Cap Value Equities fund actively managed by Praxis. GLBL is passively managed, while PRXV is actively managed. At a 0.35 correlation, their price movements are largely independent. GLBL charges 0.65%/yr vs 0.36%/yr for PRXV.

Performance

GLBL vs. PRXV - Performance Comparison

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

Returns By Period

GLBL

• 1D: -0.61%
• 1M: -0.64%
• 6M: 9.20%
• YTD: 10.92%
• 1Y: 23.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRXV

• 1D: 0.96%
• 1M: 2.07%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLBL vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
GLBL Pacer MSCI World Industry Advantage ETF	5.91%
PRXV Praxis Impact Large Cap Value ETF	8.64%

Correlation

The correlation between GLBL and PRXV is 0.35, 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 20, 2026	0.35

Return for Risk

GLBL vs. PRXV — Risk / Return Rank

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

GLBL

GLBL Risk / Return Rank: 56
GLBL Sharpe Ratio Rank: 60
GLBL Sortino Ratio Rank: 56
GLBL Omega Ratio Rank: 57
GLBL Calmar Ratio Rank: 51
GLBL Martin Ratio Rank: 58

PRXV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

GLBL vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer MSCI World Industry Advantage ETF (GLBL) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GLBL	PRXV	Difference
Sharpe ratio: Return per unit of total volatility	1.60	—	—
Sortino ratio: Return per unit of downside risk	2.19	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.11	—	—
Martin ratio: Return relative to average drawdown	7.99	—	—

Drawdowns

GLBL vs. PRXV - Drawdown Comparison

The maximum GLBL drawdown since its inception was -19.75%, which is greater than PRXV's maximum drawdown of -1.41%. Use the drawdown chart below to compare losses from any high point for GLBL and PRXV.

Drawdown Indicators

	GLBL	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-19.75%	-1.41%	-18.34%
Max Drawdown (1Y) Largest decline over 1 year	-10.97%	—	—
Current Drawdown Current decline from peak	-2.55%	0.00%	-2.55%
Average Drawdown Average peak-to-trough decline	-2.60%	-0.37%	-2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	—	—

Volatility

Volatility by Period

	GLBL	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	10.12%	+4.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.61%	10.12%	+6.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.61%	10.12%	+6.49%

GLBL vs. PRXV - Expense Ratio Comparison

GLBL has a 0.65% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

GLBL vs. PRXV - Dividend Comparison

GLBL's dividend yield for the trailing twelve months is around 0.77%, more than PRXV's 0.38% yield.

Position	TTM	2025	2024
GLBL Pacer MSCI World Industry Advantage ETF	0.77%	0.86%	0.15%
PRXV Praxis Impact Large Cap Value ETF	0.38%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GLBL and PRXV in my portfolio?

GLBL and PRXV have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLBL 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, GLBL or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.65% for GLBL.

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

GLBL has the higher dividend yield at 0.77%, compared with 0.38% for PRXV.

What is the main difference between GLBL and PRXV?

GLBL is categorized as Global Equities, while PRXV is Large Cap Value Equities. They also come from different issuers: Pacer and Praxis. Their fees differ too: 0.65% for GLBL and 0.36% for PRXV.