MVIAX vs. RIDAX
Compare and contrast key facts about Praxis Value Index Fund (MVIAX) and The Income Fund of America Class R-1 (RIDAX).
MVIAX is managed by Praxis Mutual Funds. It was launched on May 1, 2001. RIDAX is an actively managed fund by American Funds. It was launched on Dec 1, 1973.
Performance
MVIAX vs. RIDAX - Performance Comparison
Loading graphics...
MVIAX vs. RIDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MVIAX Praxis Value Index Fund | 2.60% | 12.97% | 10.24% | 20.04% | -7.89% | 24.54% | 3.56% | 34.46% | -8.53% | 16.32% |
RIDAX The Income Fund of America Class R-1 | 2.61% | 16.83% | 9.49% | 6.16% | -7.14% | 16.47% | 3.68% | 17.57% | -6.06% | 11.86% |
Returns By Period
The year-to-date returns for both investments are quite close, with MVIAX having a 2.60% return and RIDAX slightly higher at 2.61%. Over the past 10 years, MVIAX has outperformed RIDAX with an annualized return of 11.48%, while RIDAX has yielded a comparatively lower 7.49% annualized return.
MVIAX
- 1D
- 1.62%
- 1M
- -4.69%
- YTD
- 2.60%
- 6M
- 4.80%
- 1Y
- 14.09%
- 3Y*
- 13.48%
- 5Y*
- 9.62%
- 10Y*
- 11.48%
RIDAX
- 1D
- 1.30%
- 1M
- -4.26%
- YTD
- 2.61%
- 6M
- 4.88%
- 1Y
- 14.49%
- 3Y*
- 11.46%
- 5Y*
- 7.18%
- 10Y*
- 7.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MVIAX vs. RIDAX - Expense Ratio Comparison
MVIAX has a 0.78% expense ratio, which is lower than RIDAX's 1.36% expense ratio.
Return for Risk
MVIAX vs. RIDAX — Risk / Return Rank
MVIAX
RIDAX
MVIAX vs. RIDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Praxis Value Index Fund (MVIAX) and The Income Fund of America Class R-1 (RIDAX). 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.
| MVIAX | RIDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 1.56 | -0.62 |
Sortino ratioReturn per unit of downside risk | 1.36 | 2.15 | -0.78 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.32 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.85 | -0.55 |
Martin ratioReturn relative to average drawdown | 5.97 | 8.56 | -2.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MVIAX | RIDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 1.56 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.68 | 0.76 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.70 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.67 | -0.35 |
Correlation
The correlation between MVIAX and RIDAX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MVIAX vs. RIDAX - Dividend Comparison
MVIAX's dividend yield for the trailing twelve months is around 1.03%, less than RIDAX's 9.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVIAX Praxis Value Index Fund | 1.03% | 1.06% | 9.59% | 4.63% | 5.11% | 3.63% | 8.55% | 4.84% | 7.28% | 6.40% | 2.63% | 5.10% |
RIDAX The Income Fund of America Class R-1 | 9.02% | 9.24% | 5.14% | 2.38% | 6.20% | 5.92% | 2.09% | 4.25% | 6.58% | 3.68% | 2.32% | 4.26% |
Drawdowns
MVIAX vs. RIDAX - Drawdown Comparison
The maximum MVIAX drawdown since its inception was -65.34%, which is greater than RIDAX's maximum drawdown of -42.37%. Use the drawdown chart below to compare losses from any high point for MVIAX and RIDAX.
Loading graphics...
Drawdown Indicators
| MVIAX | RIDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.34% | -42.37% | -22.97% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -8.25% | -3.41% |
Max Drawdown (5Y)Largest decline over 5 years | -18.89% | -16.28% | -2.61% |
Max Drawdown (10Y)Largest decline over 10 years | -36.03% | -26.22% | -9.81% |
Current DrawdownCurrent decline from peak | -4.78% | -4.54% | -0.24% |
Average DrawdownAverage peak-to-trough decline | -12.18% | -4.42% | -7.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 1.78% | +0.74% |
Volatility
MVIAX vs. RIDAX - Volatility Comparison
Praxis Value Index Fund (MVIAX) has a higher volatility of 3.84% compared to The Income Fund of America Class R-1 (RIDAX) at 3.31%. This indicates that MVIAX's price experiences larger fluctuations and is considered to be riskier than RIDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MVIAX | RIDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 3.31% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 7.51% | 5.61% | +1.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.91% | 9.54% | +5.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.23% | 9.48% | +4.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.81% | 10.68% | +6.13% |