At a glance
PRXG charges 0.36% a year, above the 0.09% average of the 7 funds most like it (the most expensive of 8). It has $85.8M in assets, the 8th largest of that group; it paid 0.1% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +8.0% with distributions reinvested (S&P 500: +11.5%), the best of those 8 funds. Its ten largest positions make up 60.6% of the fund, out of 163 in all.
The short version
Praxis Impact Large Cap Growth ETF (PRXG) owns about 160 large US growth stocks. It aims to behave like the CRSP US Large Cap Growth Index while screening companies against Praxis' Stewardship Investing values. That values screen is the main reason to own it. The trade-off is cost: its 0.36% expense ratio compares with 0.04% for Vanguard Growth ETF (VUG), which shared about 92% of PRXG's holdings.
Price history
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PRXG +8.0% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| PRXG price data to Oct 27, 2026 | +10.1% | +8.0% | — | — | — | +37.0% |
- Over the year to Oct 27, 2026, PRXG returned +8.0%, 1st of 8 among similar funds.
- The deepest fall in its price history was 15.9% (Oct 29, 2025 to Mar 30, 2026), recovered by Apr 27, 2026.
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +10.1% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.0300 |
What's inside
As of Jun 30, 2026, the fund held 163 securities; the ten largest made up 60.57% of assets.
| Holding | Weight | |
|---|---|---|
| NVIDIA Corp | 12.54% | |
| Apple Inc | 11.48% | |
| Microsoft Corp | 8.23% | |
| Alphabet Inc | 6.22% | |
| Amazon.com Inc | 4.19% | |
| Broadcom Inc | 4.14% | |
| Alphabet Inc | 4.12% | |
| Meta Platforms Inc | 3.50% | |
| Tesla Inc | 3.38% | |
| Eli Lilly & Co | 2.78% | |
| Advanced Micro Devices Inc | 2.61% | |
| Visa Inc | 1.54% | |
| Applied Materials Inc | 1.44% | |
| Lam Research Corp | 1.43% | |
| Mastercard Inc | 1.17% |
By country
United States 99.03%Canada 0.29%Ireland 0.14%Australia 0.1%By asset type
Stocks 99.06%Bonds and notes 0.49%By sector
Sectors of the companies held, for the 92.3% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Jun 30, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Jun 30, 2026, investors added a net $3.7M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +14.16%, +7.52%, -3.29%.
How it works
PRXG, from Everence Holdings, is measured against the CRSP US Large Cap Growth Index, which holds the growth companies in the CRSP US Large Cap Index. Under normal conditions, at least 80% of net assets go into stocks from that index that fit Praxis's Stewardship Investing core values, such as peace and environmental stewardship. Values and risk screens steer money toward companies aligned with those values and away from those that aren't.
It is not a pure index fund and does not hold every stock in the index. Instead, the adviser uses optimization software, which estimates the risk factors driving each stock, to pick roughly 125 to 200 companies whose combined risk and return profile resembles the index's. Sustainability factors feed into those choices. Because screens remove some stocks, returns can drift from the index, a gap known as tracking error.
The adviser sells a stock when it judges that replacing it would better serve the portfolio. Turnover, the share of holdings replaced in a year, was 13% per the prospectus filed April 20, 2026. The fund is non-diversified, meaning it can concentrate in fewer companies than a diversified fund: as of June 30, 2026, NVIDIA was 12.5% of assets and Apple 11.5%. On that date it held no derivatives, and it uses no leverage.
What it really costs
- PRXG charges 0.36% a year, versus an average of 0.09% for the similar funds below (8th of 8, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $37 in the first year and $— over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| PRXG | $37 | $116 | $— | $— |
In a retirement portfolio
It holds only large growth stocks, about half of them in technology, has a short record, and has swung more sharply than the market.
PRXG could add a values-screened slice of large US growth companies alongside broader stock and bond funds. Its record is short. It launched April 8, 2025, so it missed the 2008 crisis, the 2020 COVID crash and the 2022 bear market, and it has no full calendar year of results. Its deepest drop was 15.9%, from October 29, 2025, to March 30, 2026. It regained that ground by April 27, 2026, in about a month. Its one-year beta of 1.33 means it moved more sharply than the market, so selling shares in a slump could lock in bigger losses. It yielded only 0.1% as of October 27, 2026, paid quarterly. The fee is 0.36% a year, or $37 on $10,000 in the first year under the SEC's standard example. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want large US growth stocks screened by Praxis's Stewardship Investing values and accept a 0.36% expense ratio for that screening.
- Long-term holders comfortable with heavy tech exposure: technology was 51.5% of classified holdings as of June 30, 2026, led by NVIDIA and Apple.
- Patient investors who can ride out swings; the fund dropped 15.9% from October 29, 2025 to March 30, 2026, then recovered by April 27, 2026.
Look elsewhere if
- Cost-focused investors: its 0.36% expense ratio was the highest of eight comparable funds; peers averaged 0.09%, and VUG, SCHG and SPYG charge 0.04%.
- Retirees who need portfolio income: the yield was 0.1% as of October 27, 2026, roughly $0.04 per share over the prior year, paid quarterly.
- Those wanting broad diversification: its top 10 holdings made up 60.6% of assets as of June 30, 2026, with NVIDIA alone at 12.5%.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| PRXG this fund | — | 0.36% | $85.8M | +8.0% | — |
| VUG Vanguard Growth ETF | 92% | 0.04% | $379.29B | +3.8% | +25.1% |
| MGK Vanguard Mega Cap Growth ETF | 82% | 0.07% | $33.30B | +2.5% | +23.2% |
| SPYG SPDR Portfolio S&P 500 Growth ETF | 74% | 0.04% | $52.99B | +7.2% | +25.3% |
| IVW iShares S&P 500 Growth ETF | 74% | 0.18% | $74.97B | +7.0% | +25.2% |
| VONG Vanguard Russell 1000 Growth ETF | 73% | 0.07% | $54.28B | -2.3% | +22.4% |
| IWF iShares Russell 1000 Growth ETF | 73% | 0.19% | $128.90B | -3.7% | +20.3% |
| SCHG Schwab U.S. Large-Cap Growth ETF | 72% | 0.04% | $63.03B | +2.2% | +23.0% |
Questions investors ask
Is PRXG an index fund?
Not exactly. PRXG is benchmarked to the CRSP US Large Cap Growth Index, but it skips companies that fail Praxis's Stewardship Investing screens and uses optimization software to pick roughly 125 to 200 stocks that mimic the index's risk and return. As of June 30, 2026, it had 163 holdings, led by NVIDIA at 12.5%, Apple at 11.5% and Microsoft at 8.2%. The screens mean its returns can drift from the index's.
PRXG vs VUG: what's the difference?
The main differences are cost, size and values screening. Vanguard Growth ETF (VUG), the closest match with a 92% holdings overlap, charges 0.04% a year versus PRXG's 0.36%. VUG had about $379.3 billion in net assets as of June 30, 2026, versus PRXG's $85.8 million. PRXG applies Praxis's Stewardship Investing screens. Over one year, PRXG returned 8% through October 27, 2026, against VUG's 3.8% through October 30, 2026, a short window that says little about the long run.
Does PRXG pay dividends?
Yes, but very little. PRXG pays dividends quarterly, and its yield was 0.1% as of October 27, 2026, or about $0.04 per share over the prior year. That low payout reflects what it owns: growth companies tend to reinvest profits rather than pay large dividends. The fund is built for growth, so retirees who rely on their portfolio for income would have to look to other holdings for that.
What is PRXG's expense ratio?
PRXG's expense ratio, the yearly fee taken from fund assets, is 0.36%, all of it management fee, according to the prospectus filed April 20, 2026. In the SEC's standard example, a $10,000 investment earning 5% a year would incur about $37 in costs after one year and $116 after three years. That made it the most expensive of eight comparable funds. Its peers averaged 0.09%, and VUG, SCHG and SPYG charge 0.04%.
Is PRXG a risky ETF?
It has carried more risk than the broad market. As of October 27, 2026, its one-year volatility, a measure of how widely returns swing, was 17.7%. Its beta was 1.33, meaning it tended to move further than the market in both directions. Its deepest drop since launch was 15.9%, from October 29, 2025 to March 30, 2026, and it recovered by April 27, 2026. Launched April 8, 2025, it has no record through a severe bear market like 2022's.