JULH vs. PRXV

Last updated Jun 6, 2026

JULH (Innovator Premium Income 20 Barrier ETF - July) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - JULH is a Options Trading fund actively managed by Innovator, while PRXV is a Large Cap Value Equities fund actively managed by Praxis. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. JULH charges 0.79%/yr vs 0.36%/yr for PRXV.

Performance

JULH vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Premium Income 20 Barrier ETF - July (JULH) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

JULH

• 1D: -0.04%
• 1M: 0.32%
• YTD: 2.22%
• 6M: 1.10%
• 1Y: 5.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRXV

• 1D: -1.37%
• 1M: 1.74%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JULH vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
JULH Innovator Premium Income 20 Barrier ETF - July	0.62%
PRXV Praxis Impact Large Cap Value ETF	3.86%

Correlation

The correlation between JULH and PRXV is 0.11, 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	0.11

Return for Risk

JULH vs. PRXV — Risk / Return Rank

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

JULH

JULH Risk / Return Rank: 61
JULH Sharpe Ratio Rank: 58
JULH Sortino Ratio Rank: 52
JULH Omega Ratio Rank: 83
JULH Calmar Ratio Rank: 64
JULH Martin Ratio Rank: 48

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.

JULH vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 20 Barrier ETF - July (JULH) 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.

	JULH	PRXV	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.32	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	2.95	—	—
Martin ratio: Return relative to average drawdown	7.48	—	—
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

	JULH	PRXV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.38	3.27	-1.89

Drawdowns

JULH vs. PRXV - Drawdown Comparison

The maximum JULH drawdown since its inception was -5.51%, which is greater than PRXV's maximum drawdown of -1.37%. Use the drawdown chart below to compare losses from any high point for JULH and PRXV.

Drawdown Indicators

	JULH	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-5.51%	-1.37%	-4.14%
Max Drawdown (1Y) Largest decline over 1 year	-1.72%	—	—
Current Drawdown Current decline from peak	-0.04%	-1.37%	+1.33%
Average Drawdown Average peak-to-trough decline	-0.28%	-0.34%	+0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.68%	—	—

Volatility

Volatility by Period

	JULH	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.80%	10.41%	-7.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.75%	10.41%	-5.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.75%	10.41%	-5.66%

JULH vs. PRXV - Expense Ratio Comparison

JULH has a 0.79% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

JULH vs. PRXV - Dividend Comparison

JULH's dividend yield for the trailing twelve months is around 5.28%, while PRXV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
JULH Innovator Premium Income 20 Barrier ETF - July	5.28%	5.31%	6.89%	3.67%
PRXV Praxis Impact Large Cap Value ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JULH and PRXV in my portfolio?

JULH and PRXV have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JULH 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, JULH or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.79% for JULH.

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

JULH has the higher dividend yield at 5.28%, compared with 0.00% for PRXV.

What is the main difference between JULH and PRXV?

JULH is categorized as Options Trading, while PRXV is Large Cap Value Equities. They also come from different issuers: Innovator and Praxis. Their fees differ too: 0.79% for JULH and 0.36% for PRXV.