PXWGX vs. PAXBX

Last updated Apr 2, 2026

Compare and contrast key facts about Pax U.S. Sustainable Economy Fund (PXWGX) and PAX CORE BOND FUND (PAXBX).

PXWGX is managed by Pax World. It was launched on Jun 11, 1997. PAXBX is managed by Pax World. It was launched on Dec 16, 2016.

Performance

PXWGX vs. PAXBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pax U.S. Sustainable Economy Fund (PXWGX) and PAX CORE BOND FUND (PAXBX). The values are adjusted to include any dividend payments, if applicable.

PXWGX vs. PAXBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PXWGX Pax U.S. Sustainable Economy Fund	-4.77%	15.75%	20.64%	24.46%	-18.33%	30.27%	13.35%	27.16%	-4.54%	21.89%
PAXBX PAX CORE BOND FUND	-0.41%	6.45%	1.04%	4.60%	-13.60%	-1.85%	6.92%	8.01%	-0.24%	2.57%

Returns By Period

In the year-to-date period, PXWGX achieves a -4.77% return, which is significantly lower than PAXBX's -0.41% return.

PXWGX

• 1D: 2.70%
• 1M: -5.25%
• YTD: -4.77%
• 6M: -1.33%
• 1Y: 16.75%
• 3Y*: 15.31%
• 5Y*: 10.14%
• 10Y*: 12.01%

PAXBX

• 1D: 0.23%
• 1M: -1.67%
• YTD: -0.41%
• 6M: 0.29%
• 1Y: 3.28%
• 3Y*: 2.84%
• 5Y*: -0.42%
• 10Y*: —

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

PXWGX vs. PAXBX - Expense Ratio Comparison

PXWGX has a 0.70% expense ratio, which is lower than PAXBX's 0.71% expense ratio.

PAXBX

PAX CORE BOND FUND

PXWGX

Pax U.S. Sustainable Economy Fund

Return for Risk

PXWGX vs. PAXBX — Risk / Return Rank

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

PXWGX

PXWGX Risk / Return Rank: 50
PXWGX Sharpe Ratio Rank: 42
PXWGX Sortino Ratio Rank: 45
PXWGX Omega Ratio Rank: 45
PXWGX Calmar Ratio Rank: 53
PXWGX Martin Ratio Rank: 64

PAXBX

PAXBX Risk / Return Rank: 32
PAXBX Sharpe Ratio Rank: 30
PAXBX Sortino Ratio Rank: 27
PAXBX Omega Ratio Rank: 20
PAXBX Calmar Ratio Rank: 51
PAXBX Martin Ratio Rank: 33

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.

PXWGX vs. PAXBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pax U.S. Sustainable Economy Fund (PXWGX) and PAX CORE BOND FUND (PAXBX). 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.

	PXWGX	PAXBX	Difference
Sharpe ratio Return per unit of total volatility	0.93	0.81	+0.12
Sortino ratio Return per unit of downside risk	1.42	1.17	+0.25
Omega ratio Gain probability vs. loss probability	1.21	1.14	+0.06
Calmar ratio Return relative to maximum drawdown	1.40	1.47	-0.07
Martin ratio Return relative to average drawdown	6.54	4.27	+2.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PXWGX vs. PAXBX - Sharpe Ratio Comparison

The current PXWGX Sharpe Ratio is 0.93, which is comparable to the PAXBX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of PXWGX and PAXBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PXWGX	PAXBX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	0.81	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	-0.07	+0.62
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.28	+0.09

Correlation

The correlation between PXWGX and PAXBX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PXWGX vs. PAXBX - Dividend Comparison

PXWGX's dividend yield for the trailing twelve months is around 5.66%, more than PAXBX's 3.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PXWGX Pax U.S. Sustainable Economy Fund	5.66%	5.39%	16.28%	5.95%	7.66%	21.85%	1.92%	3.36%	7.95%	4.53%	10.42%	6.37%
PAXBX PAX CORE BOND FUND	3.48%	3.72%	3.22%	2.18%	1.69%	1.51%	4.14%	2.59%	2.37%	2.24%	0.07%	0.00%

Drawdowns

PXWGX vs. PAXBX - Drawdown Comparison

The maximum PXWGX drawdown since its inception was -57.59%, which is greater than PAXBX's maximum drawdown of -18.88%. Use the drawdown chart below to compare losses from any high point for PXWGX and PAXBX.

Drawdown Indicators

	PXWGX	PAXBX	Difference
Max Drawdown Largest peak-to-trough decline	-57.59%	-18.88%	-38.71%
Max Drawdown (1Y) Largest decline over 1 year	-12.62%	-2.77%	-9.85%
Max Drawdown (5Y) Largest decline over 5 years	-26.98%	-18.30%	-8.68%
Max Drawdown (10Y) Largest decline over 10 years	-33.81%	—	—
Current Drawdown Current decline from peak	-6.80%	-5.35%	-1.45%
Average Drawdown Average peak-to-trough decline	-14.63%	-5.73%	-8.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	0.95%	+1.76%

Volatility

PXWGX vs. PAXBX - Volatility Comparison

Pax U.S. Sustainable Economy Fund (PXWGX) has a higher volatility of 5.22% compared to PAX CORE BOND FUND (PAXBX) at 1.54%. This indicates that PXWGX's price experiences larger fluctuations and is considered to be riskier than PAXBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PXWGX	PAXBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	1.54%	+3.68%
Volatility (6M) Calculated over the trailing 6-month period	9.81%	2.49%	+7.32%
Volatility (1Y) Calculated over the trailing 1-year period	18.41%	4.38%	+14.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.81%	5.71%	+13.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.54%	4.83%	+13.71%