IQSZ vs. PRXV

Last updated Jun 27, 2026

IQSZ (Invesco Global Equity Net Zero ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - IQSZ is a ESG fund actively managed by Invesco, while PRXV is a Large Cap Value Equities fund actively managed by Praxis. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. IQSZ charges 0.19%/yr vs 0.36%/yr for PRXV.

Performance

IQSZ vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Equity Net Zero ETF (IQSZ) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IQSZ

• 1D: -0.29%
• 1M: -1.03%
• YTD: 12.10%
• 6M: 10.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRXV

• 1D: -0.49%
• 1M: 3.79%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IQSZ vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
IQSZ Invesco Global Equity Net Zero ETF	3.61%
PRXV Praxis Impact Large Cap Value ETF	7.34%

Correlation

The correlation between IQSZ and PRXV is 0.70, 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 20, 2026	0.70

Return for Risk

IQSZ vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Global Equity Net Zero ETF (IQSZ) 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.

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

Drawdowns

IQSZ vs. PRXV - Drawdown Comparison

The maximum IQSZ drawdown since its inception was -9.12%, which is greater than PRXV's maximum drawdown of -1.41%. Use the drawdown chart below to compare losses from any high point for IQSZ and PRXV.

Drawdown Indicators

	IQSZ	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-9.12%	-1.41%	-7.71%
Current Drawdown Current decline from peak	-2.45%	-0.49%	-1.96%
Average Drawdown Average peak-to-trough decline	-1.24%	-0.40%	-0.84%

Volatility

Volatility by Period

	IQSZ	PRXV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.19%	10.68%	+3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.19%	10.68%	+3.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.19%	10.68%	+3.51%

IQSZ vs. PRXV - Expense Ratio Comparison

IQSZ has a 0.19% expense ratio, which is lower than PRXV's 0.36% expense ratio.

Dividends

IQSZ vs. PRXV - Dividend Comparison

IQSZ's dividend yield for the trailing twelve months is around 1.80%, while PRXV has not paid dividends to shareholders.

Position	TTM	2025
IQSZ Invesco Global Equity Net Zero ETF	1.80%	1.03%
PRXV Praxis Impact Large Cap Value ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both IQSZ and PRXV in my portfolio?

IQSZ and PRXV have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQSZ or PRXV?

On fees, IQSZ is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQSZ or PRXV?

IQSZ is cheaper with a 0.19% expense ratio, compared with 0.36% for PRXV.

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

IQSZ has the higher dividend yield at 1.80%, compared with 0.00% for PRXV.

What is the main difference between IQSZ and PRXV?

IQSZ is categorized as ESG, while PRXV is Large Cap Value Equities. They also come from different issuers: Invesco and Praxis. Their fees differ too: 0.19% for IQSZ and 0.36% for PRXV.