PRXV vs. SMRI

Last updated Aug 1, 2026

PRXV (Praxis Impact Large Cap Value ETF) and SMRI (Bushido Capital US Equity ETF) are both Large Cap Value Equities funds. Both are actively managed. Their 0.40 correlation means their historical movements had little consistent relationship. PRXV charges 0.36%/yr vs 0.71%/yr for SMRI.

Performance

PRXV vs. SMRI - Performance Comparison

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

Returns By Period

PRXV

• 1D: -0.34%
• 1M: 0.88%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SMRI

• 1D: 0.38%
• 1M: 5.51%
• 6M: 23.61%
• YTD: 23.03%
• 1Y: 40.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.95%

*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)
PRXV Praxis Impact Large Cap Value ETF	$979.94K	$510.04K	$263.55K
SMRI Bushido Capital US Equity ETF	$770.42K	$508.81K	$403.01K

PRXV vs. SMRI - Yearly Performance Comparison

	2026 (YTD)
PRXV Praxis Impact Large Cap Value ETF	8.89%
SMRI Bushido Capital US Equity ETF	18.31%

Correlation

The correlation between PRXV and SMRI is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 20, 2026	0.40

Return for Risk

PRXV vs. SMRI — Risk / Return Rank

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

PRXV

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

SMRI

SMRI Risk / Return Rank: 94
SMRI Sharpe Ratio Rank: 94
SMRI Sortino Ratio Rank: 94
SMRI Omega Ratio Rank: 92
SMRI Calmar Ratio Rank: 95
SMRI Martin Ratio Rank: 93

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.

PRXV vs. SMRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Praxis Impact Large Cap Value ETF (PRXV) and Bushido Capital US Equity ETF (SMRI). 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.

	PRXV	SMRI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.64	—
Sortino ratio: Return per unit of downside risk	—	3.68	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	5.75	—
Martin ratio: Return relative to average drawdown	—	16.88	—

Drawdowns

PRXV vs. SMRI - Drawdown Comparison

The maximum PRXV drawdown since its inception was -1.41%, smaller than the maximum SMRI drawdown of -18.45%. Use the drawdown chart below to compare losses from any high point for PRXV and SMRI.

Drawdown Indicators

	PRXV	SMRI	Difference
Max Drawdown Largest peak-to-trough decline	-1.41%	-18.45%	+17.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.80%	—
Current Drawdown Current decline from peak	-1.24%	-0.51%	-0.73%
Average Drawdown Average peak-to-trough decline	-0.39%	-2.72%	+2.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.32%	—

Volatility

Volatility by Period

	PRXV	SMRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.08%	15.09%	-5.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.08%	15.84%	-5.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.08%	15.84%	-5.76%

PRXV vs. SMRI - Expense Ratio Comparison

PRXV has a 0.36% expense ratio, which is lower than SMRI's 0.71% expense ratio.

Dividends

PRXV vs. SMRI - Dividend Comparison

PRXV's dividend yield for the trailing twelve months is around 0.38%, less than SMRI's 0.86% yield.

Position	TTM	2025	2024	2023
PRXV Praxis Impact Large Cap Value ETF	0.38%	0.00%	0.00%	0.00%
SMRI Bushido Capital US Equity ETF	0.86%	1.32%	0.98%	0.45%

Frequently Asked Questions

Can I hold both PRXV and SMRI in my portfolio?

PRXV and SMRI have a correlation of 0.40, 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 SMRI?

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 SMRI?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.71% for SMRI.

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

SMRI has the higher dividend yield at 0.86%, compared with 0.38% for PRXV.

What is the main difference between PRXV and SMRI?

They also come from different issuers: Praxis and Bushido. Their fees differ too: 0.36% for PRXV and 0.71% for SMRI.