PRXG vs. FMTM

Last updated Aug 6, 2026

PRXG (Praxis Impact Large Cap Growth ETF) and FMTM (MarketDesk Focused U.S. Momentum ETF) are both exchange-traded funds - PRXG is a Large Cap Growth Equities fund actively managed by Praxis, while FMTM is a Momentum fund. Both are actively managed. Over the past year, PRXG returned 20.23% vs 45.40% for FMTM. Their 0.63 correlation means they have sometimes moved together and sometimes differently. PRXG charges 0.36%/yr vs 0.45%/yr for FMTM.

Performance

PRXG vs. FMTM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Praxis Impact Large Cap Growth ETF (PRXG) and MarketDesk Focused U.S. Momentum ETF (FMTM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRXG achieves a 10.29% return, which is significantly lower than FMTM's 22.60% return.

PRXG

• 1D: -0.16%
• 1M: 2.72%
• 6M: 14.72%
• YTD: 10.29%
• 1Y: 20.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 38.00%

FMTM

• 1D: -1.65%
• 1M: -4.37%
• 6M: 10.82%
• YTD: 22.60%
• 1Y: 45.40%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 38.87%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FMTM MarketDesk Focused U.S. Momentum ETF	$8.26M	$8.14M	$9.14M
PRXG Praxis Impact Large Cap Growth ETF	$227.86K	$164.27K	$179.26K

PRXG vs. FMTM - Yearly Performance Comparison

	2026 (YTD)	2025
PRXG Praxis Impact Large Cap Growth ETF	10.29%	38.94%
FMTM MarketDesk Focused U.S. Momentum ETF	22.60%	37.18%

Correlation

The correlation between PRXG and FMTM is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.69
Correlation (All Time) Calculated using the full available price history since Apr 8, 2025	0.63

The correlation between PRXG and FMTM has been stable across timeframes, ranging from 0.63 to 0.69 - a consistent structural relationship.

Return for Risk

PRXG vs. FMTM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRXG

PRXG Risk / Return Rank: 37
PRXG Sharpe Ratio Rank: 40
PRXG Sortino Ratio Rank: 39
PRXG Omega Ratio Rank: 37
PRXG Calmar Ratio Rank: 33
PRXG Martin Ratio Rank: 36

FMTM

FMTM Risk / Return Rank: 64
FMTM Sharpe Ratio Rank: 63
FMTM Sortino Ratio Rank: 57
FMTM Omega Ratio Rank: 56
FMTM Calmar Ratio Rank: 74
FMTM Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRXG vs. FMTM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Praxis Impact Large Cap Growth ETF (PRXG) and MarketDesk Focused U.S. Momentum ETF (FMTM). 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.

	PRXG	FMTM	Difference
Sharpe ratio: Return per unit of total volatility	1.16	1.71	-0.55
Sortino ratio: Return per unit of downside risk	1.65	2.23	-0.57
Omega ratio: Gain probability vs. loss probability	1.20	1.28	-0.08
Calmar ratio: Return relative to maximum drawdown	1.28	2.96	-1.69
Martin ratio: Return relative to average drawdown	4.15	10.03	-5.88

PRXG vs. FMTM - Sharpe Ratio Comparison

The current PRXG Sharpe Ratio is 1.16, which is lower than the FMTM Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of PRXG and FMTM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRXG vs. FMTM - Drawdown Comparison

The maximum PRXG drawdown since its inception was -15.91%, roughly equal to the maximum FMTM drawdown of -15.40%. Use the drawdown chart below to compare losses from any high point for PRXG and FMTM.

Drawdown Indicators

	PRXG	FMTM	Difference
Max Drawdown Largest peak-to-trough decline	-15.91%	-15.40%	-0.51%
Max Drawdown (1Y) Largest decline over 1 year	-15.91%	-15.40%	-0.51%
Current Drawdown Current decline from peak	-0.96%	-9.72%	+8.76%
Average Drawdown Average peak-to-trough decline	-2.89%	-2.49%	-0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.88%	4.54%	+0.34%

Volatility

PRXG vs. FMTM - Volatility Comparison

The current volatility for Praxis Impact Large Cap Growth ETF (PRXG) is 5.82%, while MarketDesk Focused U.S. Momentum ETF (FMTM) has a volatility of 8.80%. This indicates that PRXG experiences smaller price fluctuations and is considered to be less risky than FMTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRXG	FMTM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	8.80%	-2.98%
Volatility (6M) Calculated over the trailing 6-month period	14.11%	21.22%	-7.11%
Volatility (1Y) Calculated over the trailing 1-year period	17.56%	26.74%	-9.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.45%	24.83%	-3.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.45%	24.83%	-3.38%

PRXG vs. FMTM - Expense Ratio Comparison

PRXG has a 0.36% expense ratio, which is lower than FMTM's 0.45% expense ratio.

Dividends

PRXG vs. FMTM - Dividend Comparison

PRXG's dividend yield for the trailing twelve months is around 0.09%, less than FMTM's 0.24% yield.

Position	TTM	2025
FMTM MarketDesk Focused U.S. Momentum ETF	0.24%	0.30%
PRXG Praxis Impact Large Cap Growth ETF	0.09%	0.09%

Frequently Asked Questions

Can I hold both PRXG and FMTM in my portfolio?

PRXG and FMTM have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRXG or FMTM?

FMTM has higher volatility (8.80%) compared to PRXG (5.82%). In terms of maximum drawdown, PRXG dropped -15.91% vs FMTM's -15.40%.

Which ETF is better, PRXG or FMTM?

On 1-year performance, FMTM leads with 45.40% vs 20.23% for PRXG. On fees, PRXG is cheaper at 0.36% per year. On volatility, PRXG has been the lower-risk option at 5.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PRXG or FMTM?

Over the 1-year period, FMTM has performed better with a 45.40% return vs 20.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PRXG or FMTM?

PRXG is cheaper with a 0.36% expense ratio, compared with 0.45% for FMTM.

Which ETF pays a higher dividend yield, PRXG or FMTM?

FMTM has the higher dividend yield at 0.24%, compared with 0.09% for PRXG.

What is the main difference between PRXG and FMTM?

PRXG is categorized as Large Cap Growth Equities, while FMTM is Momentum. Their fees differ too: 0.36% for PRXG and 0.45% for FMTM.

Which has better risk-adjusted returns?

FMTM currently has the higher Sharpe Ratio (1.71 vs 1.16), 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.