PAXDX vs. PAXBX

Last updated Apr 2, 2026

Compare and contrast key facts about Pax Global Sustainable Infrastructure Fund (PAXDX) and PAX CORE BOND FUND (PAXBX).

PAXDX is managed by Pax World. It was launched on Dec 15, 2016. PAXBX is managed by Pax World. It was launched on Dec 16, 2016.

Performance

PAXDX vs. PAXBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pax Global Sustainable Infrastructure Fund (PAXDX) and PAX CORE BOND FUND (PAXBX). The values are adjusted to include any dividend payments, if applicable.

PAXDX vs. PAXBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PAXDX Pax Global Sustainable Infrastructure Fund	5.11%	18.37%	-1.55%	9.33%	-13.45%	14.24%	14.25%	25.88%	-4.25%	19.24%
PAXBX PAX CORE BOND FUND	-0.41%	6.45%	1.04%	4.60%	-13.60%	-1.85%	6.92%	8.01%	-0.24%	2.57%

Returns By Period

In the year-to-date period, PAXDX achieves a 5.11% return, which is significantly higher than PAXBX's -0.41% return.

PAXDX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 5.11%
• 6M: 4.66%
• 1Y: 15.24%
• 3Y*: 8.60%
• 5Y*: 4.01%
• 10Y*: —

PAXBX

• 1D: 0.23%
• 1M: -1.67%
• YTD: -0.41%
• 6M: 0.29%
• 1Y: 3.28%
• 3Y*: 2.84%
• 5Y*: -0.42%
• 10Y*: —

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

PAXDX vs. PAXBX - Expense Ratio Comparison

PAXDX has a 0.83% expense ratio, which is higher than PAXBX's 0.71% expense ratio.

PAXDX

Pax Global Sustainable Infrastructure Fund

PAXBX

PAX CORE BOND FUND

Return for Risk

PAXDX vs. PAXBX — Risk / Return Rank

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

PAXDX

PAXDX Risk / Return Rank: 76
PAXDX Sharpe Ratio Rank: 73
PAXDX Sortino Ratio Rank: 72
PAXDX Omega Ratio Rank: 75
PAXDX Calmar Ratio Rank: 74
PAXDX Martin Ratio Rank: 85

PAXBX

PAXBX Risk / Return Rank: 32
PAXBX Sharpe Ratio Rank: 30
PAXBX Sortino Ratio Rank: 27
PAXBX Omega Ratio Rank: 20
PAXBX Calmar Ratio Rank: 51
PAXBX Martin Ratio Rank: 33

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.

PAXDX vs. PAXBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pax Global Sustainable Infrastructure Fund (PAXDX) and PAX CORE BOND FUND (PAXBX). 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.

	PAXDX	PAXBX	Difference
Sharpe ratio Return per unit of total volatility	1.40	0.81	+0.59
Sortino ratio Return per unit of downside risk	1.95	1.17	+0.79
Omega ratio Gain probability vs. loss probability	1.31	1.14	+0.16
Calmar ratio Return relative to maximum drawdown	1.97	1.47	+0.50
Martin ratio Return relative to average drawdown	9.54	4.27	+5.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAXDX vs. PAXBX - Sharpe Ratio Comparison

The current PAXDX Sharpe Ratio is 1.40, which is higher than the PAXBX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of PAXDX and PAXBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PAXDX	PAXBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	0.81	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	-0.07	+0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.28	+0.24

Correlation

The correlation between PAXDX and PAXBX is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PAXDX vs. PAXBX - Dividend Comparison

PAXDX's dividend yield for the trailing twelve months is around 2.06%, less than PAXBX's 3.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PAXDX Pax Global Sustainable Infrastructure Fund	2.06%	2.17%	2.07%	2.43%	2.48%	58.94%	2.88%	4.69%	3.55%	2.13%	0.12%
PAXBX PAX CORE BOND FUND	3.48%	3.72%	3.22%	2.18%	1.69%	1.51%	4.14%	2.59%	2.37%	2.24%	0.07%

Drawdowns

PAXDX vs. PAXBX - Drawdown Comparison

The maximum PAXDX drawdown since its inception was -33.58%, which is greater than PAXBX's maximum drawdown of -18.88%. Use the drawdown chart below to compare losses from any high point for PAXDX and PAXBX.

Drawdown Indicators

	PAXDX	PAXBX	Difference
Max Drawdown Largest peak-to-trough decline	-33.58%	-18.88%	-14.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.05%	-2.77%	-5.28%
Max Drawdown (5Y) Largest decline over 5 years	-25.04%	-18.30%	-6.74%
Current Drawdown Current decline from peak	-0.74%	-5.35%	+4.61%
Average Drawdown Average peak-to-trough decline	-5.34%	-5.73%	+0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.66%	0.95%	+0.71%

Volatility

PAXDX vs. PAXBX - Volatility Comparison

The current volatility for Pax Global Sustainable Infrastructure Fund (PAXDX) is 0.00%, while PAX CORE BOND FUND (PAXBX) has a volatility of 1.54%. This indicates that PAXDX experiences smaller price fluctuations and is considered to be less risky than PAXBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAXDX	PAXBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	1.54%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	5.36%	2.49%	+2.87%
Volatility (1Y) Calculated over the trailing 1-year period	11.78%	4.38%	+7.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.30%	5.71%	+7.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.64%	4.83%	+11.81%