PAXHX vs. PXWGX
Compare and contrast key facts about Pax High Yield Bond Fund (PAXHX) and Pax U.S. Sustainable Economy Fund (PXWGX).
PAXHX is managed by Pax World. It was launched on Oct 8, 1999. PXWGX is managed by Pax World. It was launched on Jun 11, 1997.
Performance
PAXHX vs. PXWGX - Performance Comparison
Loading graphics...
PAXHX vs. PXWGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAXHX Pax High Yield Bond Fund | -1.14% | 8.75% | 6.08% | 12.20% | -13.52% | 2.55% | 7.83% | 14.62% | -3.04% | 6.39% |
PXWGX Pax U.S. Sustainable Economy Fund | -4.77% | 15.75% | 20.64% | 24.46% | -18.33% | 30.27% | 13.35% | 27.16% | -4.54% | 21.89% |
Returns By Period
In the year-to-date period, PAXHX achieves a -1.14% return, which is significantly higher than PXWGX's -4.77% return. Over the past 10 years, PAXHX has underperformed PXWGX with an annualized return of 5.06%, while PXWGX has yielded a comparatively higher 12.01% annualized return.
PAXHX
- 1D
- 0.66%
- 1M
- -1.62%
- YTD
- -1.14%
- 6M
- 0.38%
- 1Y
- 6.29%
- 3Y*
- 7.11%
- 5Y*
- 2.63%
- 10Y*
- 5.06%
PXWGX
- 1D
- 2.70%
- 1M
- -5.25%
- YTD
- -4.77%
- 6M
- -1.33%
- 1Y
- 16.75%
- 3Y*
- 15.31%
- 5Y*
- 10.14%
- 10Y*
- 12.01%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PAXHX vs. PXWGX - Expense Ratio Comparison
PAXHX has a 0.93% expense ratio, which is higher than PXWGX's 0.70% expense ratio.
Return for Risk
PAXHX vs. PXWGX — Risk / Return Rank
PAXHX
PXWGX
PAXHX vs. PXWGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pax High Yield Bond Fund (PAXHX) and Pax U.S. Sustainable Economy Fund (PXWGX). 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.
| PAXHX | PXWGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.85 | 0.93 | +0.92 |
Sortino ratioReturn per unit of downside risk | 2.71 | 1.42 | +1.29 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.21 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 2.64 | 1.40 | +1.24 |
Martin ratioReturn relative to average drawdown | 10.73 | 6.54 | +4.19 |
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
| PAXHX | PXWGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.85 | 0.93 | +0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.54 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.96 | 0.65 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.37 | +0.45 |
Correlation
The correlation between PAXHX and PXWGX is 0.32, 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
PAXHX vs. PXWGX - Dividend Comparison
PAXHX's dividend yield for the trailing twelve months is around 5.51%, less than PXWGX's 5.66% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAXHX Pax High Yield Bond Fund | 5.51% | 5.86% | 5.53% | 6.33% | 4.26% | 3.53% | 4.67% | 5.23% | 5.29% | 5.18% | 5.12% | 6.39% |
PXWGX Pax U.S. Sustainable Economy Fund | 5.66% | 5.39% | 16.28% | 5.95% | 7.66% | 21.85% | 1.92% | 3.36% | 7.95% | 4.53% | 10.42% | 6.37% |
Drawdowns
PAXHX vs. PXWGX - Drawdown Comparison
The maximum PAXHX drawdown since its inception was -25.81%, smaller than the maximum PXWGX drawdown of -57.59%. Use the drawdown chart below to compare losses from any high point for PAXHX and PXWGX.
Loading graphics...
Drawdown Indicators
| PAXHX | PXWGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.81% | -57.59% | +31.78% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -12.62% | +9.97% |
Max Drawdown (5Y)Largest decline over 5 years | -17.38% | -26.98% | +9.60% |
Max Drawdown (10Y)Largest decline over 10 years | -18.15% | -33.81% | +15.66% |
Current DrawdownCurrent decline from peak | -1.80% | -6.80% | +5.00% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -14.63% | +9.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 2.71% | -2.06% |
Volatility
PAXHX vs. PXWGX - Volatility Comparison
The current volatility for Pax High Yield Bond Fund (PAXHX) is 1.38%, while Pax U.S. Sustainable Economy Fund (PXWGX) has a volatility of 5.22%. This indicates that PAXHX experiences smaller price fluctuations and is considered to be less risky than PXWGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PAXHX | PXWGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.38% | 5.22% | -3.84% |
Volatility (6M)Calculated over the trailing 6-month period | 2.32% | 9.81% | -7.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.54% | 18.41% | -14.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.16% | 18.81% | -13.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 18.54% | -13.28% |