PAXWX vs. ESGV
Compare and contrast key facts about Pax Sustainable Allocation Fund (PAXWX) and Vanguard ESG U.S. Stock ETF (ESGV).
PAXWX is managed by Pax World. It was launched on Aug 9, 1971. ESGV is a passively managed fund by Vanguard that tracks the performance of the FTSE US All Cap Choice Index. It was launched on Sep 18, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAXWX or ESGV.
Key characteristics
| PAXWX | ESGV | |
|---|---|---|
| YTD Return | 8.02% | 19.79% |
| 1Y Return | 18.29% | 33.78% |
| 3Y Return (Ann) | 0.78% | 6.20% |
| 5Y Return (Ann) | 7.17% | 14.92% |
| Sharpe Ratio | 2.43 | 2.65 |
| Sortino Ratio | 3.53 | 3.50 |
| Omega Ratio | 1.46 | 1.48 |
| Calmar Ratio | 1.38 | 3.05 |
| Martin Ratio | 15.13 | 16.06 |
| Ulcer Index | 1.30% | 2.21% |
| Daily Std Dev | 8.02% | 13.35% |
| Max Drawdown | -40.11% | -33.66% |
| Current Drawdown | -2.62% | -2.43% |
Correlation
The correlation between PAXWX and ESGV is 0.95, 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.
Performance
PAXWX vs. ESGV - Performance Comparison
In the year-to-date period, PAXWX achieves a 8.02% return, which is significantly lower than ESGV's 19.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PAXWX vs. ESGV - Expense Ratio Comparison
PAXWX has a 0.30% expense ratio, which is higher than ESGV's 0.09% expense ratio.
Risk-Adjusted Performance
PAXWX vs. ESGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pax Sustainable Allocation Fund (PAXWX) and Vanguard ESG U.S. Stock ETF (ESGV). 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.
Dividends
PAXWX vs. ESGV - Dividend Comparison
PAXWX's dividend yield for the trailing twelve months is around 3.79%, more than ESGV's 1.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAXWX Pax Sustainable Allocation Fund | 3.79% | 3.37% | 6.24% | 4.85% | 2.80% | 9.31% | 2.90% | 10.90% | 3.02% | 8.36% | 11.49% | 12.59% |
ESGV Vanguard ESG U.S. Stock ETF | 1.12% | 1.16% | 1.42% | 0.95% | 1.11% | 1.27% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PAXWX vs. ESGV - Drawdown Comparison
The maximum PAXWX drawdown since its inception was -40.11%, which is greater than ESGV's maximum drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for PAXWX and ESGV. For additional features, visit the drawdowns tool.
Volatility
PAXWX vs. ESGV - Volatility Comparison
The current volatility for Pax Sustainable Allocation Fund (PAXWX) is 2.13%, while Vanguard ESG U.S. Stock ETF (ESGV) has a volatility of 3.51%. This indicates that PAXWX experiences smaller price fluctuations and is considered to be less risky than ESGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.