TGLR vs. PRXV

Last updated Aug 4, 2026

TGLR (Wedbush LAFFER|TENGLER New Era Value ETF) and PRXV (Praxis Impact Large Cap Value ETF) are both exchange-traded funds - TGLR is a Dividend fund actively managed by Wedbush, while PRXV is a Large Cap Value Equities fund actively managed by Praxis. Both are actively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. TGLR charges 0.95%/yr vs 0.36%/yr for PRXV.

Performance

TGLR vs. PRXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wedbush LAFFER|TENGLER New Era Value ETF (TGLR) and Praxis Impact Large Cap Value ETF (PRXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TGLR

• 1D: 1.01%
• 1M: 1.21%
• 6M: 7.68%
• YTD: 13.03%
• 1Y: 25.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.26%

PRXV

• 1D: 0.48%
• 1M: 1.37%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PRXV Praxis Impact Large Cap Value ETF	$961.78K	$525.28K	$268.31K
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	$127.00K	$118.29K	$218.46K

TGLR vs. PRXV - Yearly Performance Comparison

	2026 (YTD)
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	4.63%
PRXV Praxis Impact Large Cap Value ETF	9.41%

Correlation

The correlation between TGLR and PRXV is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 20, 2026	0.61

Return for Risk

TGLR vs. PRXV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TGLR

TGLR Risk / Return Rank: 80
TGLR Sharpe Ratio Rank: 80
TGLR Sortino Ratio Rank: 81
TGLR Omega Ratio Rank: 78
TGLR Calmar Ratio Rank: 78
TGLR Martin Ratio Rank: 83

PRXV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TGLR vs. PRXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wedbush LAFFER|TENGLER New Era Value ETF (TGLR) and Praxis Impact Large Cap Value ETF (PRXV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TGLR	PRXV	Difference
Sharpe ratio: Return per unit of total volatility	1.93	—	—
Sortino ratio: Return per unit of downside risk	2.76	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.96	—	—
Martin ratio: Return relative to average drawdown	11.79	—	—

Drawdowns

TGLR vs. PRXV - Drawdown Comparison

The maximum TGLR drawdown since its inception was -19.82%, which is greater than PRXV's maximum drawdown of -1.41%. Use the drawdown chart below to compare losses from any high point for TGLR and PRXV.

Drawdown Indicators

	TGLR	PRXV	Difference
Max Drawdown Largest peak-to-trough decline	-19.82%	-1.41%	-18.41%
Max Drawdown (1Y) Largest decline over 1 year	-8.62%	—	—
Current Drawdown Current decline from peak	-0.72%	-0.77%	+0.05%
Average Drawdown Average peak-to-trough decline	-2.33%	-0.40%	-1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	—	—

Volatility

Volatility by Period

	TGLR	PRXV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.24%	10.03%	+3.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	10.03%	+5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.17%	10.03%	+5.14%

TGLR vs. PRXV - Expense Ratio Comparison

TGLR has a 0.95% expense ratio, which is higher than PRXV's 0.36% expense ratio.

Dividends

TGLR vs. PRXV - Dividend Comparison

TGLR's dividend yield for the trailing twelve months is around 0.93%, more than PRXV's 0.38% yield.

Position	TTM	2025	2024	2023
PRXV Praxis Impact Large Cap Value ETF	0.38%	0.00%	0.00%	0.00%
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	0.93%	1.16%	1.02%	0.65%

Frequently Asked Questions

Can I hold both TGLR and PRXV in my portfolio?

TGLR and PRXV have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TGLR or PRXV?

On fees, PRXV is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TGLR or PRXV?

PRXV is cheaper with a 0.36% expense ratio, compared with 0.95% for TGLR.

Which ETF pays a higher dividend yield, TGLR or PRXV?

TGLR has the higher dividend yield at 0.93%, compared with 0.38% for PRXV.

What is the main difference between TGLR and PRXV?

TGLR is categorized as Dividend, while PRXV is Large Cap Value Equities. They also come from different issuers: Wedbush and Praxis. Their fees differ too: 0.95% for TGLR and 0.36% for PRXV.