PRXV
Praxis Impact Large Cap Value ETF
📎 Investment Objective
The Praxis Impact Large Cap Value ETF (PRXV) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Praxis Impact Large Cap Value Index.
Overview
ETF tracking Praxis Impact Large Cap Value ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Praxis Impact Large Cap Value ETF (PRXV) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Praxis Impact Large Cap Value Index.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the Praxis Impact Large Cap Value Index. The index is composed of large-capitalization U.S. companies that meet certain environmental, social, and governance (ESG) criteria.
✨ Key Features
- Focuses on large-cap U.S. companies with strong ESG profiles
- Passively tracks the Praxis Impact Large Cap Value Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Concentration risk: The fund's performance may be more volatile due to its focus on large-cap value stocks
- ESG investment risk: The fund's ESG criteria may limit the investment universe and affect performance
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
👤 Best For
The Praxis Impact Large Cap Value ETF may be suitable for long-term investors seeking exposure to large-cap U.S. value stocks with a focus on environmental, social, and governance factors. Investors should be comfortable with the risks associated with a passively managed, ESG-focused fund.