PXNIX vs. PXWGX
PXNIX (Pax International Sustainable Economy Fund Institutional Class) and PXWGX (Pax U.S. Sustainable Economy Fund) are both mutual funds - PXNIX is a Foreign Large Cap Equities fund managed by Pax World, while PXWGX is a Large Cap Blend Equities fund managed by Pax World. Over the past 10 years, PXNIX returned 9.34%/yr vs 13.44%/yr for PXWGX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. PXNIX charges 0.47%/yr vs 0.70%/yr for PXWGX.
Performance
PXNIX vs. PXWGX - Performance Comparison
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Returns By Period
In the year-to-date period, PXNIX achieves a 14.02% return, which is significantly higher than PXWGX's 11.23% return. Over the past 10 years, PXNIX has underperformed PXWGX with an annualized return of 9.34%, while PXWGX has yielded a comparatively higher 13.44% annualized return.
PXNIX
- 1D
- 2.78%
- 1M
- 2.93%
- 6M
- 9.28%
- YTD
- 14.02%
- 1Y
- 26.22%
- 3Y*
- 17.04%
- 5Y*
- 9.26%
- 10Y*
- 9.34%
- ALL TIME*
- 9.21%
PXWGX
- 1D
- 1.57%
- 1M
- -0.39%
- 6M
- 9.69%
- YTD
- 11.23%
- 1Y
- 23.93%
- 3Y*
- 17.66%
- 5Y*
- 11.38%
- 10Y*
- 13.44%
- ALL TIME*
- 7.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PXNIX vs. PXWGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PXNIX Pax International Sustainable Economy Fund Institutional Class | 14.02% | 28.91% | 5.03% | 19.28% | -17.81% | 11.23% | 10.79% | 23.03% | -12.92% | 23.35% |
PXWGX Pax U.S. Sustainable Economy Fund | 11.23% | 15.75% | 20.64% | 24.46% | -18.33% | 30.27% | 13.35% | 27.16% | -4.54% | 21.89% |
Correlation
The correlation between PXNIX and PXWGX is 0.80, 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. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.74 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2012 | 0.73 |
The correlation between PXNIX and PXWGX has been stable across timeframes, ranging from 0.73 to 0.80 - a consistent structural relationship.
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Return for Risk
PXNIX vs. PXWGX — Risk / Return Rank
PXNIX
PXWGX
PXNIX vs. PXWGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pax International Sustainable Economy Fund Institutional Class (PXNIX) 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.
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.
| PXNIX | PXWGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.28 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.31 | -0.21 |
| Martin ratioReturn relative to average drawdown | 8.24 | 9.65 | -1.41 |
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Drawdowns
PXNIX vs. PXWGX - Drawdown Comparison
The maximum PXNIX drawdown since its inception was -32.54%, smaller than the maximum PXWGX drawdown of -57.59%. Use the drawdown chart below to compare losses from any high point for PXNIX and PXWGX.
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Drawdown Indicators
| PXNIX | PXWGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.54% | -57.59% | +25.05% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -9.25% | -2.33% |
Max Drawdown (3Y)Largest decline over 3 years | -13.47% | -26.98% | +13.51% |
Max Drawdown (5Y)Largest decline over 5 years | -32.54% | -26.98% | -5.56% |
Max Drawdown (10Y)Largest decline over 10 years | -32.54% | -33.81% | +1.27% |
Current DrawdownCurrent decline from peak | 0.00% | -1.84% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -6.64% | -14.48% | +7.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.22% | +0.74% |
Volatility
PXNIX vs. PXWGX - Volatility Comparison
Pax International Sustainable Economy Fund Institutional Class (PXNIX) has a higher volatility of 4.57% compared to Pax U.S. Sustainable Economy Fund (PXWGX) at 3.48%. This indicates that PXNIX's price experiences larger fluctuations and is considered to be riskier than PXWGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PXNIX | PXWGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.57% | 3.48% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 13.71% | 10.50% | +3.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 13.39% | +2.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.30% | 18.94% | -2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.28% | 18.57% | -2.29% |
PXNIX vs. PXWGX - Expense Ratio Comparison
PXNIX has a 0.47% expense ratio, which is lower than PXWGX's 0.70% expense ratio.
Dividends
PXNIX vs. PXWGX - Dividend Comparison
PXNIX's dividend yield for the trailing twelve months is around 6.62%, more than PXWGX's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXNIX Pax International Sustainable Economy Fund Institutional Class | 6.62% | 7.17% | 3.54% | 2.38% | 2.64% | 4.69% | 1.82% | 2.58% | 2.84% | 2.54% | 2.74% | 2.04% |
PXWGX Pax U.S. Sustainable Economy Fund | 4.93% | 5.39% | 16.28% | 5.95% | 7.66% | 21.85% | 1.92% | 3.36% | 7.95% | 4.53% | 10.42% | 6.37% |
Frequently Asked Questions
PXNIX and PXWGX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PXNIX has higher volatility (4.57%) compared to PXWGX (3.48%). In terms of maximum drawdown, PXNIX dropped -32.54% vs PXWGX's -57.59%.
PXWGX currently has the higher Sharpe Ratio (1.60 vs 1.50), 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.
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