PXWEX vs. EFIV
Compare and contrast key facts about Pax Ellevate Global Women’s Leadership Fund (PXWEX) and SPDR S&P 500 ESG ETF (EFIV).
PXWEX is managed by Impax Asset Management. It was launched on Sep 30, 1993. EFIV is a passively managed fund by State Street that tracks the performance of the S&P 500 ESG Index. It was launched on Jul 27, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PXWEX or EFIV.
Correlation
The correlation between PXWEX and EFIV is 0.93, 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
PXWEX vs. EFIV - Performance Comparison
Key characteristics
PXWEX:
0.35
EFIV:
1.90
PXWEX:
0.51
EFIV:
2.57
PXWEX:
1.08
EFIV:
1.35
PXWEX:
0.39
EFIV:
2.68
PXWEX:
1.81
EFIV:
11.49
PXWEX:
2.46%
EFIV:
2.10%
PXWEX:
12.86%
EFIV:
12.73%
PXWEX:
-58.74%
EFIV:
-24.52%
PXWEX:
-9.88%
EFIV:
-3.29%
Returns By Period
In the year-to-date period, PXWEX achieves a 4.55% return, which is significantly lower than EFIV's 24.37% return.
PXWEX
4.55%
-8.28%
-0.67%
4.55%
5.22%
6.41%
EFIV
24.37%
-2.54%
7.19%
24.37%
N/A
N/A
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PXWEX vs. EFIV - Expense Ratio Comparison
PXWEX has a 0.77% expense ratio, which is higher than EFIV's 0.10% expense ratio.
Risk-Adjusted Performance
PXWEX vs. EFIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pax Ellevate Global Women’s Leadership Fund (PXWEX) and SPDR S&P 500 ESG ETF (EFIV). 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
PXWEX vs. EFIV - Dividend Comparison
PXWEX's dividend yield for the trailing twelve months is around 1.93%, more than EFIV's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PXWEX Pax Ellevate Global Women’s Leadership Fund | 1.93% | 1.60% | 0.87% | 1.21% | 1.04% | 1.63% | 1.98% | 1.46% | 1.80% | 1.60% | 2.23% |
EFIV SPDR S&P 500 ESG ETF | 1.19% | 1.37% | 1.64% | 1.18% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PXWEX vs. EFIV - Drawdown Comparison
The maximum PXWEX drawdown since its inception was -58.74%, which is greater than EFIV's maximum drawdown of -24.52%. Use the drawdown chart below to compare losses from any high point for PXWEX and EFIV. For additional features, visit the drawdowns tool.
Volatility
PXWEX vs. EFIV - Volatility Comparison
Pax Ellevate Global Women’s Leadership Fund (PXWEX) has a higher volatility of 7.34% compared to SPDR S&P 500 ESG ETF (EFIV) at 3.98%. This indicates that PXWEX's price experiences larger fluctuations and is considered to be riskier than EFIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.