PRXG
Praxis Impact Large Cap Growth ETF
📎 Investment Objective
The Praxis Impact Large Cap Growth ETF (PRXG) seeks to provide long-term capital appreciation by investing in a portfolio of large-capitalization growth companies that meet certain environmental, social, and governance (ESG) criteria.
Overview
ETF tracking Praxis Impact Large Cap Growth ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Praxis Impact Large Cap Growth ETF (PRXG) seeks to provide long-term capital appreciation by investing in a portfolio of large-capitalization growth companies that meet certain environmental, social, and governance (ESG) criteria.
🎯 Investment Strategy
The fund tracks the Praxis Impact Large Cap Growth Index, which is designed to provide exposure to large-cap U.S. companies that demonstrate positive ESG characteristics. The index uses a rules-based approach to select and weight securities based on ESG factors, aiming to overweight companies with strong ESG profiles while excluding those with poor ESG ratings.
✨ Key Features
- Focuses on large-cap U.S. growth stocks with strong ESG characteristics
- Employs a rules-based index methodology to select and weight securities
- Aims to provide long-term capital appreciation through exposure to ESG-conscious large-cap growth companies
- Expense ratio of 0.00%, making it a low-cost investment option
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions or other factors
- Concentration risk: The fund's performance may be more volatile due to its focus on large-cap growth stocks
- ESG investment risk: The fund's ESG criteria may result in it underperforming the broader market or other funds that do not use such criteria
- Liquidity risk: The fund may have difficulty selling certain holdings, particularly in times of market stress
👤 Best For
The Praxis Impact Large Cap Growth ETF may be suitable for investors seeking long-term capital appreciation through exposure to large-cap U.S. growth stocks that meet certain ESG criteria. This fund may be appropriate for investors with a higher risk tolerance who are interested in incorporating ESG considerations into their investment portfolio.