IVV vs PRXV
iShares Core S&P 500 ETF vs Praxis Impact Large Cap Value ETF
Quick Verdict
IVV has a lower expense ratio. PRXV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | IVV | PRXV | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.36% | |
| AUM | $907.0B | $90M | |
| Dividend Yield | 1.10% | 1.52% | |
| Holdings | 508 | 267 | |
| YTD Return | +12.76% | +19.46% | |
| 1Y Return | +20.63% | +24.95% | |
| 3Y Return (annualized) | +21.71% | - | |
| 5Y Return (annualized) | +12.87% | - | |
| Volatility (annualized) | 15.1% | 8.8% | |
| Max Drawdown | -56.5% | -6.7% | |
| Fund Family | iShares by BlackRock (US) | Praxis Mutual Funds | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Apr 7, 2025 |
IVV vs PRXV Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Praxis Impact Large Cap Value ETF (PRXV) is a ETF from Praxis Mutual Funds. Over the past year IVV returned +20.63% while PRXV returned +24.95%. Year to date, IVV is up 12.76% versus a gain of 19.46% for PRXV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 8.8% for PRXV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -6.7% for PRXV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while PRXV charges 0.36%. On a $10,000 position that is $3 vs $36 annually, a gap of $33 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 1.52% for PRXV.
Holdings Overlap
IVV and PRXV share 259 holdings out of 522 unique holdings combined, representing a 35.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or PRXV?
IVV has an expense ratio of 0.03% while PRXV charges 0.36%. IVV is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, IVV or PRXV?
Over the past year IVV returned +20.63% vs +24.95% for PRXV, so PRXV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +6.99% vs +34.17% for PRXV. Past performance does not guarantee future results.
Which is riskier, IVV or PRXV?
IVV has been the more volatile fund at 15.1% annualized versus 8.8% for PRXV. Worst drawdown: IVV -56.5% vs PRXV -6.7%.
Should I hold both IVV and PRXV?
IVV and PRXV have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and PRXV?
IVV and PRXV share 259 common holdings with a 35.6% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, IVV or PRXV?
IVV yields 1.10% while PRXV yields 1.52%, so PRXV currently pays the higher dividend yield.
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