PXWIX vs. VFTNX

Last updated Jun 4, 2026

PXWIX (Pax Ellevate Global Women’s Leadership Fund Institutional Class) and VFTNX (Vanguard FTSE Social Index Fund Institutional Shares) are both mutual funds - PXWIX is a ESG fund managed by Pax World Funds, while VFTNX is a Large Cap Growth Equities fund tracking the FTSE4Good US Select Index. Over the past 10 years, PXWIX returned 10.84%/yr vs 16.22%/yr for VFTNX. Their correlation of 0.93 suggests significant overlap in exposure. PXWIX charges 0.51%/yr vs 0.12%/yr for VFTNX.

Performance

PXWIX vs. VFTNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pax Ellevate Global Women’s Leadership Fund Institutional Class (PXWIX) and Vanguard FTSE Social Index Fund Institutional Shares (VFTNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PXWIX achieves a 10.91% return, which is significantly lower than VFTNX's 11.69% return. Over the past 10 years, PXWIX has underperformed VFTNX with an annualized return of 10.84%, while VFTNX has yielded a comparatively higher 16.22% annualized return.

PXWIX

• 1D: 0.28%
• 1M: 5.76%
• YTD: 10.91%
• 6M: 12.71%
• 1Y: 24.58%
• 3Y*: 17.05%
• 5Y*: 8.24%
• 10Y*: 10.84%

VFTNX

• 1D: 0.02%
• 1M: 7.29%
• YTD: 11.69%
• 6M: 11.62%
• 1Y: 29.37%
• 3Y*: 23.29%
• 5Y*: 13.86%
• 10Y*: 16.22%

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

PXWIX vs. VFTNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PXWIX Pax Ellevate Global Women’s Leadership Fund Institutional Class	10.91%	17.72%	12.41%	18.41%	-19.77%	17.58%	13.94%	26.80%	-7.55%	25.15%
VFTNX Vanguard FTSE Social Index Fund Institutional Shares	11.69%	17.32%	26.01%	31.77%	-24.20%	27.76%	22.62%	33.96%	-3.41%	24.19%

Correlation

The correlation between PXWIX and VFTNX is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 4, 2007	0.93

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

Return for Risk

PXWIX vs. VFTNX — Risk / Return Rank

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

PXWIX

PXWIX Risk / Return Rank: 50
PXWIX Sharpe Ratio Rank: 50
PXWIX Sortino Ratio Rank: 48
PXWIX Omega Ratio Rank: 46
PXWIX Calmar Ratio Rank: 48
PXWIX Martin Ratio Rank: 58

VFTNX

VFTNX Risk / Return Rank: 54
VFTNX Sharpe Ratio Rank: 60
VFTNX Sortino Ratio Rank: 54
VFTNX Omega Ratio Rank: 55
VFTNX Calmar Ratio Rank: 45
VFTNX Martin Ratio Rank: 54

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.

PXWIX vs. VFTNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pax Ellevate Global Women’s Leadership Fund Institutional Class (PXWIX) and Vanguard FTSE Social Index Fund Institutional Shares (VFTNX). 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.

	PXWIX	VFTNX	Difference
Sharpe ratio Return per unit of total volatility	2.09	2.28	-0.20
Sortino ratio Return per unit of downside risk	2.90	3.10	-0.19
Omega ratio Gain probability vs. loss probability	1.37	1.41	-0.04
Calmar ratio Return relative to maximum drawdown	2.62	2.56	+0.06
Martin ratio Return relative to average drawdown	11.59	10.87	+0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PXWIX vs. VFTNX - Sharpe Ratio Comparison

The current PXWIX Sharpe Ratio is 2.09, which is comparable to the VFTNX Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of PXWIX and VFTNX, 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

	PXWIX	VFTNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	2.28	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.76	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.85	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.38	-0.02

Drawdowns

PXWIX vs. VFTNX - Drawdown Comparison

The maximum PXWIX drawdown since its inception was -53.56%, smaller than the maximum VFTNX drawdown of -64.04%. Use the drawdown chart below to compare losses from any high point for PXWIX and VFTNX.

Drawdown Indicators

	PXWIX	VFTNX	Difference
Max Drawdown Largest peak-to-trough decline	-53.56%	-64.04%	+10.48%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-11.83%	+2.28%
Max Drawdown (3Y) Largest decline over 3 years	-18.31%	-20.18%	+1.87%
Max Drawdown (5Y) Largest decline over 5 years	-29.52%	-29.11%	-0.41%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	-34.22%	-0.25%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.81%	-15.70%	+5.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	2.78%	-0.62%

Volatility

PXWIX vs. VFTNX - Volatility Comparison

Pax Ellevate Global Women’s Leadership Fund Institutional Class (PXWIX) and Vanguard FTSE Social Index Fund Institutional Shares (VFTNX) have volatilities of 3.31% and 3.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PXWIX	VFTNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.26%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.53%	10.14%	-0.61%
Volatility (1Y) Calculated over the trailing 1-year period	12.02%	13.28%	-1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.06%	18.36%	-2.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	19.07%	-2.09%

PXWIX vs. VFTNX - Expense Ratio Comparison

PXWIX has a 0.51% expense ratio, which is higher than VFTNX's 0.12% expense ratio.

Dividends

PXWIX vs. VFTNX - Dividend Comparison

PXWIX's dividend yield for the trailing twelve months is around 9.00%, more than VFTNX's 0.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PXWIX Pax Ellevate Global Women’s Leadership Fund Institutional Class	9.00%	9.98%	9.64%	1.69%	3.24%	1.44%	1.25%	3.24%	5.15%	2.71%	2.04%	2.68%
VFTNX Vanguard FTSE Social Index Fund Institutional Shares	0.84%	0.90%	1.01%	1.12%	1.37%	0.95%	1.23%	1.46%	1.81%	1.49%	1.82%	1.60%

Frequently Asked Questions

Can I hold both PXWIX and VFTNX in my portfolio?

With a correlation of 0.92, PXWIX and VFTNX 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, PXWIX or VFTNX?

PXWIX has higher volatility (3.31%) compared to VFTNX (3.26%). In terms of maximum drawdown, PXWIX dropped -53.56% vs VFTNX's -64.04%.

Which has better risk-adjusted returns?

VFTNX currently has the higher Sharpe Ratio (2.28 vs 2.09), 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.