PXWGX vs. VPCCX

Last updated Jun 4, 2026

PXWGX (Pax U.S. Sustainable Economy Fund) and VPCCX (Vanguard PRIMECAP Core Fund) are both Large Cap Blend Equities funds. Over the past 10 years, PXWGX returned 13.97%/yr vs 17.09%/yr for VPCCX. Their correlation of 0.93 suggests significant overlap in exposure. PXWGX charges 0.70%/yr vs 0.46%/yr for VPCCX.

Performance

PXWGX vs. VPCCX - Performance Comparison

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

Returns By Period

In the year-to-date period, PXWGX achieves a 13.32% return, which is significantly lower than VPCCX's 29.33% return. Over the past 10 years, PXWGX has underperformed VPCCX with an annualized return of 13.97%, while VPCCX has yielded a comparatively higher 17.09% annualized return.

PXWGX

• 1D: 0.48%
• 1M: 8.49%
• YTD: 13.32%
• 6M: 13.69%
• 1Y: 31.40%
• 3Y*: 20.86%
• 5Y*: 13.09%
• 10Y*: 13.97%

VPCCX

• 1D: 0.80%
• 1M: 13.00%
• YTD: 29.33%
• 6M: 30.52%
• 1Y: 63.34%
• 3Y*: 29.17%
• 5Y*: 16.85%
• 10Y*: 17.09%

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

PXWGX vs. VPCCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PXWGX Pax U.S. Sustainable Economy Fund	13.32%	15.75%	20.64%	24.46%	-18.33%	30.27%	13.35%	27.16%	-4.54%	21.89%
VPCCX Vanguard PRIMECAP Core Fund	29.33%	29.96%	12.72%	23.58%	-12.43%	24.30%	12.04%	27.70%	-4.89%	26.27%

Correlation

The correlation between PXWGX and VPCCX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 10, 2004	0.93

The correlation between PXWGX and VPCCX has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

PXWGX vs. VPCCX — Risk / Return Rank

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

PXWGX

PXWGX Risk / Return Rank: 76
PXWGX Sharpe Ratio Rank: 81
PXWGX Sortino Ratio Rank: 73
PXWGX Omega Ratio Rank: 67
PXWGX Calmar Ratio Rank: 78
PXWGX Martin Ratio Rank: 83

VPCCX

VPCCX Risk / Return Rank: 96
VPCCX Sharpe Ratio Rank: 98
VPCCX Sortino Ratio Rank: 96
VPCCX Omega Ratio Rank: 93
VPCCX Calmar Ratio Rank: 96
VPCCX Martin Ratio Rank: 97

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. VPCCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pax U.S. Sustainable Economy Fund (PXWGX) and Vanguard PRIMECAP Core Fund (VPCCX). 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	VPCCX	Difference
Sharpe ratio: Return per unit of total volatility	2.63	3.97	-1.35
Sortino ratio: Return per unit of downside risk	3.55	5.32	-1.77
Omega ratio: Gain probability vs. loss probability	1.46	1.70	-0.24
Calmar ratio: Return relative to maximum drawdown	3.53	6.31	-2.78
Martin ratio: Return relative to average drawdown	15.55	28.76	-13.21
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. VPCCX - Sharpe Ratio Comparison

The current PXWGX Sharpe Ratio is 2.63, which is lower than the VPCCX Sharpe Ratio of 3.97. The chart below compares the historical Sharpe Ratios of PXWGX and VPCCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PXWGX	VPCCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.63	3.97	-1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.96	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.91	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.69	-0.29

Drawdowns

PXWGX vs. VPCCX - Drawdown Comparison

The maximum PXWGX drawdown since its inception was -57.59%, which is greater than VPCCX's maximum drawdown of -47.53%. Use the drawdown chart below to compare losses from any high point for PXWGX and VPCCX.

Drawdown Indicators

	PXWGX	VPCCX	Difference
Max Drawdown Largest peak-to-trough decline	-57.59%	-47.53%	-10.06%
Max Drawdown (1Y) Largest decline over 1 year	-9.25%	-10.29%	+1.04%
Max Drawdown (3Y) Largest decline over 3 years	-26.98%	-19.92%	-7.06%
Max Drawdown (5Y) Largest decline over 5 years	-26.98%	-22.75%	-4.23%
Max Drawdown (10Y) Largest decline over 10 years	-33.81%	-34.60%	+0.79%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-14.55%	-5.75%	-8.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.10%	2.25%	-0.15%

Volatility

PXWGX vs. VPCCX - Volatility Comparison

The current volatility for Pax U.S. Sustainable Economy Fund (PXWGX) is 3.50%, while Vanguard PRIMECAP Core Fund (VPCCX) has a volatility of 6.69%. This indicates that PXWGX experiences smaller price fluctuations and is considered to be less risky than VPCCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PXWGX	VPCCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.50%	6.69%	-3.19%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	13.22%	-3.67%
Volatility (1Y) Calculated over the trailing 1-year period	12.45%	16.36%	-3.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.83%	17.65%	+1.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.57%	18.76%	-0.19%

PXWGX vs. VPCCX - Expense Ratio Comparison

PXWGX has a 0.70% expense ratio, which is higher than VPCCX's 0.46% expense ratio.

Dividends

PXWGX vs. VPCCX - Dividend Comparison

PXWGX's dividend yield for the trailing twelve months is around 4.75%, less than VPCCX's 13.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PXWGX Pax U.S. Sustainable Economy Fund	4.75%	5.39%	16.28%	5.95%	7.66%	21.85%	1.92%	3.36%	7.95%	4.53%	10.42%	6.37%
VPCCX Vanguard PRIMECAP Core Fund	13.34%	17.25%	7.17%	5.73%	8.40%	6.89%	7.89%	6.99%	9.45%	4.10%	5.52%	4.96%

Frequently Asked Questions

Can I hold both PXWGX and VPCCX in my portfolio?

With a correlation of 0.90, PXWGX and VPCCX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PXWGX or VPCCX?

VPCCX has higher volatility (6.69%) compared to PXWGX (3.50%). In terms of maximum drawdown, PXWGX dropped -57.59% vs VPCCX's -47.53%.

Which has better risk-adjusted returns?

VPCCX currently has the higher Sharpe Ratio (3.97 vs 2.63), 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.