MGAFX vs. MBAPX
MGAFX (Praxis Genesis Growth Portfolio) and MBAPX (Praxis Genesis Balanced Portfolio) are both Diversified Portfolio funds from Praxis Mutual Funds. Over the past 10 years, MGAFX returned 10.93%/yr vs 7.74%/yr for MBAPX. With a 0.99 correlation, they move nearly in lockstep. MGAFX charges 0.48%/yr vs 0.47%/yr for MBAPX.
Performance
MGAFX vs. MBAPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MGAFX achieves a 11.34% return, which is significantly higher than MBAPX's 8.61% return. Over the past 10 years, MGAFX has outperformed MBAPX with an annualized return of 10.93%, while MBAPX has yielded a comparatively lower 7.74% annualized return.
MGAFX
- 1D
- 1.21%
- 1M
- 2.38%
- YTD
- 11.34%
- 6M
- 10.89%
- 1Y
- 24.21%
- 3Y*
- 15.10%
- 5Y*
- 9.64%
- 10Y*
- 10.93%
MBAPX
- 1D
- 1.00%
- 1M
- 1.99%
- YTD
- 8.61%
- 6M
- 8.38%
- 1Y
- 19.11%
- 3Y*
- 12.30%
- 5Y*
- 5.47%
- 10Y*
- 7.74%
MGAFX vs. MBAPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGAFX Praxis Genesis Growth Portfolio | 11.34% | 15.50% | 11.51% | 16.96% | -17.05% | 24.51% | 14.09% | 24.08% | -6.55% | 16.70% |
MBAPX Praxis Genesis Balanced Portfolio | 8.61% | 13.46% | 9.04% | 14.02% | -16.06% | 8.09% | 12.98% | 19.90% | -4.91% | 13.38% |
Correlation
The correlation between MGAFX and MBAPX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010 | 0.99 |
The correlation between MGAFX and MBAPX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MGAFX vs. MBAPX — Risk / Return Rank
MGAFX
MBAPX
MGAFX vs. MBAPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Praxis Genesis Growth Portfolio (MGAFX) and Praxis Genesis Balanced Portfolio (MBAPX). 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.
| MGAFX | MBAPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.42 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.05 | 2.97 | +0.08 |
| Martin ratioReturn relative to average drawdown | 12.96 | 12.66 | +0.30 |
Loading charts...
Drawdowns
MGAFX vs. MBAPX - Drawdown Comparison
The maximum MGAFX drawdown since its inception was -28.63%, which is greater than MBAPX's maximum drawdown of -24.54%. Use the drawdown chart below to compare losses from any high point for MGAFX and MBAPX.
Loading charts...
Drawdown Indicators
| MGAFX | MBAPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.63% | -24.54% | -4.09% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -6.41% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -13.84% | -10.32% | -3.52% |
Max Drawdown (5Y)Largest decline over 5 years | -23.82% | -24.54% | +0.72% |
Max Drawdown (10Y)Largest decline over 10 years | -28.63% | -24.54% | -4.09% |
Current DrawdownCurrent decline from peak | -0.09% | -0.06% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -3.70% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 1.50% | +0.35% |
Volatility
MGAFX vs. MBAPX - Volatility Comparison
Praxis Genesis Growth Portfolio (MGAFX) has a higher volatility of 4.48% compared to Praxis Genesis Balanced Portfolio (MBAPX) at 3.66%. This indicates that MGAFX's price experiences larger fluctuations and is considered to be riskier than MBAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MGAFX | MBAPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.48% | 3.66% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 8.98% | 7.18% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.91% | 8.63% | +2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.64% | 10.44% | +3.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.17% | 10.65% | +3.52% |
MGAFX vs. MBAPX - Expense Ratio Comparison
MGAFX has a 0.48% expense ratio, which is higher than MBAPX's 0.47% expense ratio.
Dividends
MGAFX vs. MBAPX - Dividend Comparison
MGAFX's dividend yield for the trailing twelve months is around 4.01%, less than MBAPX's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBAPX Praxis Genesis Balanced Portfolio | 4.59% | 4.93% | 4.30% | 2.23% | 2.82% | 2.12% | 4.82% | 3.80% | 5.32% | 3.76% | 2.99% | 3.38% |
MGAFX Praxis Genesis Growth Portfolio | 4.01% | 4.45% | 3.36% | 2.29% | 3.02% | 10.83% | 4.87% | 4.42% | 6.15% | 4.19% | 3.50% | 4.01% |
Frequently Asked Questions
With a correlation of 0.99, MGAFX and MBAPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
MGAFX has higher volatility (4.48%) compared to MBAPX (3.66%). In terms of maximum drawdown, MGAFX dropped -28.63% vs MBAPX's -24.54%.
MBAPX currently has the higher Sharpe Ratio (2.21 vs 2.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MGAFX and MBAPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer