JHEM vs. PRXV

Last updated Jun 5, 2026

JHEM (John Hancock Multifactor Emerging Markets ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - JHEM is a Emerging Markets Equities fund tracking the John Hancock Dimensional Emerging Markets Index, while PRXV is a Large Cap Value Equities fund actively managed by Praxis. JHEM is passively managed, while PRXV is actively managed. At a 0.44 correlation, their price movements are largely independent. JHEM charges 0.49%/yr vs 0.36%/yr for PRXV.

Performance

JHEM vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in John Hancock Multifactor Emerging Markets ETF (JHEM) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JHEM

• 1D: -0.70%
• 1M: 6.18%
• YTD: 25.02%
• 6M: 28.35%
• 1Y: 49.16%
• 3Y*: 22.10%
• 5Y*: 7.90%
• 10Y*: —

PRXV

• 1D: 0.76%
• 1M: 3.88%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JHEM vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
JHEM John Hancock Multifactor Emerging Markets ETF	9.20%
PRXV Praxis Impact Large Cap Value ETF	5.31%

Correlation

The correlation between JHEM and PRXV is 0.44, 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 21, 2026	0.44

Return for Risk

JHEM vs. PRXV — Risk / Return Rank

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

JHEM

JHEM Risk / Return Rank: 81
JHEM Sharpe Ratio Rank: 83
JHEM Sortino Ratio Rank: 79
JHEM Omega Ratio Rank: 82
JHEM Calmar Ratio Rank: 79
JHEM Martin Ratio Rank: 80

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.

JHEM vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for John Hancock Multifactor Emerging Markets ETF (JHEM) 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.

	JHEM	PRXV	Difference
Sharpe ratio: Return per unit of total volatility	2.64	—	—
Sortino ratio: Return per unit of downside risk	3.48	—	—
Omega ratio: Gain probability vs. loss probability	1.49	—	—
Calmar ratio: Return relative to maximum drawdown	4.00	—	—
Martin ratio: Return relative to average drawdown	15.52	—	—
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

	JHEM	PRXV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.64	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	5.29	-4.84

Drawdowns

JHEM vs. PRXV - Drawdown Comparison

The maximum JHEM drawdown since its inception was -34.99%, which is greater than PRXV's maximum drawdown of -1.18%. Use the drawdown chart below to compare losses from any high point for JHEM and PRXV.

Drawdown Indicators

	JHEM	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-34.99%	-1.18%	-33.81%
Max Drawdown (1Y) Largest decline over 1 year	-12.34%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.11%	—	—
Current Drawdown Current decline from peak	-1.93%	0.00%	-1.93%
Average Drawdown Average peak-to-trough decline	-9.94%	-0.31%	-9.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	—	—

Volatility

Volatility by Period

	JHEM	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.71%	9.66%	+9.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.61%	9.66%	+7.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.60%	9.66%	+10.94%

JHEM vs. PRXV - Expense Ratio Comparison

JHEM has a 0.49% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

JHEM vs. PRXV - Dividend Comparison

JHEM's dividend yield for the trailing twelve months is around 1.91%, while PRXV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JHEM John Hancock Multifactor Emerging Markets ETF	1.91%	2.39%	2.93%	2.87%	2.84%	2.71%	1.67%	2.37%	0.21%
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%

Frequently Asked Questions

Can I hold both JHEM and PRXV in my portfolio?

JHEM and PRXV have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JHEM 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, JHEM or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.49% for JHEM.

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

JHEM has the higher dividend yield at 1.91%, compared with 0.00% for PRXV.

What is the main difference between JHEM and PRXV?

JHEM is categorized as Emerging Markets Equities, while PRXV is Large Cap Value Equities. They also come from different issuers: Manulife and Praxis. Their fees differ too: 0.49% for JHEM and 0.36% for PRXV.