PRXV vs. ABEQ

Last updated Jun 4, 2026

PRXV (Praxis Impact Large Cap Value ETF) and ABEQ (Absolute Select Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. PRXV charges 0.36%/yr vs 0.85%/yr for ABEQ.

Performance

PRXV vs. ABEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Praxis Impact Large Cap Value ETF (PRXV) and Absolute Select Value ETF (ABEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PRXV

• 1D: -0.03%
• 1M: 4.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ABEQ

• 1D: -0.17%
• 1M: -0.34%
• YTD: 3.44%
• 6M: 3.43%
• 1Y: 8.87%
• 3Y*: 11.57%
• 5Y*: 7.06%
• 10Y*: —

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

PRXV vs. ABEQ - Yearly Performance Comparison

	2026 (YTD)
PRXV Praxis Impact Large Cap Value ETF	4.51%
ABEQ Absolute Select Value ETF	-2.59%

Correlation

The correlation between PRXV and ABEQ is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 21, 2026	0.83

Return for Risk

PRXV vs. ABEQ — Risk / Return Rank

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

ABEQ

ABEQ Risk / Return Rank: 25
ABEQ Sharpe Ratio Rank: 27
ABEQ Sortino Ratio Rank: 26
ABEQ Omega Ratio Rank: 26
ABEQ Calmar Ratio Rank: 24
ABEQ Martin Ratio Rank: 22

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.

PRXV vs. ABEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Praxis Impact Large Cap Value ETF (PRXV) and Absolute Select Value ETF (ABEQ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PRXV	ABEQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.54	0.56	+3.98

Drawdowns

PRXV vs. ABEQ - Drawdown Comparison

The maximum PRXV drawdown since its inception was -1.18%, smaller than the maximum ABEQ drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for PRXV and ABEQ.

Drawdown Indicators

	PRXV	ABEQ	Difference
Max Drawdown Largest peak-to-trough decline	-1.18%	-27.82%	+26.64%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.26%	—
Current Drawdown Current decline from peak	-0.03%	-7.43%	+7.40%
Average Drawdown Average peak-to-trough decline	-0.32%	-4.07%	+3.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.20%	—

Volatility

Volatility by Period

	PRXV	ABEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.98%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.66%	8.91%	+0.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.66%	10.81%	-1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.66%	13.84%	-4.18%

PRXV vs. ABEQ - Expense Ratio Comparison

PRXV has a 0.36% expense ratio, which is lower than ABEQ's 0.85% expense ratio.

Dividends

PRXV vs. ABEQ - Dividend Comparison

PRXV has not paid dividends to shareholders, while ABEQ's dividend yield for the trailing twelve months is around 1.21%.

Position	TTM	2025	2024	2023	2022	2021	2020
ABEQ Absolute Select Value ETF	1.21%	1.25%	1.48%	2.60%	1.20%	0.60%	0.60%
PRXV Praxis Impact Large Cap Value ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRXV and ABEQ in my portfolio?

PRXV and ABEQ have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRXV or ABEQ?

On fees, PRXV is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRXV or ABEQ?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.85% for ABEQ.

Which ETF pays a higher dividend yield, PRXV or ABEQ?

ABEQ has the higher dividend yield at 1.21%, compared with 0.00% for PRXV.

What is the main difference between PRXV and ABEQ?

They also come from different issuers: Praxis and Absolute Investment Advisers LLC. Their fees differ too: 0.36% for PRXV and 0.85% for ABEQ.