ETF Evaluator: Praxis Impact Large Cap Value ETF () Follow This ETF

Praxis Impact Large Cap Value ETF Overview

Praxis Impact Large Cap Value ETF (PRXV) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Praxis Investment Management, Inc. launched the ETF in 2025.

The investment seeks capital appreciation. The fund invests primarily in U.S. equity securities and seeks to provide investment results that correspond to the performance of the U.S. large cap value equities market, as measured by the CRSP U.S. Large Cap Value Index, its performance benchmark index. Under normal circumstances, the fund invests at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of large cap value companies that are aligned with the Praxis Stewardship Investing core values. The fund is non-diversified.

About Praxis Impact Large Cap Value ETF (PRXV)

There are 3 members of the management team with an average tenure of 1.32 years: Rafael Zayas (2025), Dale Snyder (2025) and Austin Wen (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Morningstar US Large Val TR USD index with a weighting of 100%. Praxis Impact Large Cap Value ETF has 279 securities in its portfolio. The top 10 holdings constitute 21.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.

Praxis Impact Large Cap Value ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Praxis Impact Large Cap Value ETF has 1.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.6% There is 1.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.5% (0.5% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Praxis Impact Large Cap Value ETF has -0.7% of the portfolio in cash.

Assets Under Management

The fund has $77 million in total assets, which is below the $5 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

PRXV Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Praxis Impact Large Cap Value ETF expense ratio is below average compared to funds in the Large Value category. Praxis Impact Large Cap Value ETF has an expense ratio of 0.36%, which is 4% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Praxis Impact Large Cap Value ETF has a portfolio turnover rate of 14%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.

Recently, in the month of July 2026, Praxis Impact Large Cap Value ETF returned 1.3%, which earned it a grade of D, as the Large Value category had an average return of 2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Praxis Impact Large Cap Value ETF has a trailing yield of 1.52%, which is below the 1.70% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Praxis Impact Large Cap Value ETF Grades

Year to date, the ETF has returned 17.4%, 3.0 percentage points better than the category, which translates into a grade of B. The fund has returned 26.3% over the past year (grade of B).

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