PXWIX vs. SPY
Compare and contrast key facts about Pax Ellevate Global Women’s Leadership Fund Institutional Class (PXWIX) and SPDR S&P 500 ETF (SPY).
PXWIX is managed by Pax World Funds. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PXWIX or SPY.
Correlation
The correlation between PXWIX and SPY is 0.94, 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
PXWIX vs. SPY - Performance Comparison
Key characteristics
PXWIX:
-0.64
SPY:
-0.09
PXWIX:
-0.71
SPY:
-0.02
PXWIX:
0.89
SPY:
1.00
PXWIX:
-0.49
SPY:
-0.09
PXWIX:
-1.81
SPY:
-0.45
PXWIX:
5.30%
SPY:
3.31%
PXWIX:
15.04%
SPY:
15.87%
PXWIX:
-58.61%
SPY:
-55.19%
PXWIX:
-19.75%
SPY:
-17.32%
Returns By Period
In the year-to-date period, PXWIX achieves a -11.14% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, PXWIX has underperformed SPY with an annualized return of 5.11%, while SPY has yielded a comparatively higher 11.25% annualized return.
PXWIX
-11.14%
-12.56%
-16.13%
-8.63%
9.00%
5.11%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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PXWIX vs. SPY - Expense Ratio Comparison
PXWIX has a 0.51% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PXWIX vs. SPY — Risk-Adjusted Performance Rank
PXWIX
SPY
PXWIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pax Ellevate Global Women’s Leadership Fund Institutional Class (PXWIX) and SPDR S&P 500 ETF (SPY). 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
PXWIX vs. SPY - Dividend Comparison
PXWIX's dividend yield for the trailing twelve months is around 2.90%, more than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXWIX Pax Ellevate Global Women’s Leadership Fund Institutional Class | 2.90% | 2.58% | 1.69% | 1.00% | 1.44% | 1.25% | 1.85% | 2.25% | 1.68% | 2.04% | 1.87% | 2.47% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PXWIX vs. SPY - Drawdown Comparison
The maximum PXWIX drawdown since its inception was -58.61%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PXWIX and SPY. For additional features, visit the drawdowns tool.
Volatility
PXWIX vs. SPY - Volatility Comparison
The current volatility for Pax Ellevate Global Women’s Leadership Fund Institutional Class (PXWIX) is 7.93%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that PXWIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.