IVV vs PRXV
iShares Core S&P 500 ETF vs Praxis Impact Large Cap Value ETF
Which is better, IVV or PRXV?
Large Cap Blend against Large Cap Value.
IVV has a lower expense ratio. IVV led over the full window, PRXV over 1Y. PRXV is less concentrated, with 23.0% of the fund in its ten largest positions against 38.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | PRXV |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.36% |
| AUM | $896.5B | $92M |
| Dividend Yield | 1.10% | 1.56% |
| Holdings | 508 | 277 |
| YTD Return | +13.59% | +16.02%Best |
| 1Y Return | +17.54% | +19.81%Best |
| 3Y Return (annualized) | +22.46% | - |
| 5Y Return (annualized) | +13.28% | - |
| Volatility (annualized) | 11.8% | 9.6%Best |
| Max Drawdown | -8.9% | -6.7%Best |
| $10,000 over 1.5 years | $15,700Best | $14,510 |
| Top 10 Weight | 38.9% | 23.0%Best |
| Fund Family | iShares by BlackRock (US) | Praxis Mutual Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 15, 2000 | Apr 7, 2025 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 8, 2025 to Oct 14, 2026 (1.5 years).
IVV vs PRXV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.5 years both funds cover.
IVV vs PRXV Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Praxis Impact Large Cap Value ETF (PRXV) is an ETF from Praxis Mutual Funds. Over the past year IVV returned +17.54% while PRXV returned +19.81%. Year to date, IVV is up 13.59% versus a gain of 16.02% for PRXV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 11.8% compared with 9.6% 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 -8.9% for IVV and -6.7% for PRXV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
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 1.56% for PRXV.
Holdings Overlap
75.5% of IVV's money is in holdings PRXV also owns. 96.9% of PRXV's money is in holdings IVV also owns.
Most of PRXV is already inside IVV. Owning both mostly buys the same companies twice.
258 positions in common, counted across the 506 positions we hold weights for in IVV and 271 in PRXV, against full books of 508 and 277.
What only one of them owns
Our book lists 10 positions for PRXV that do not appear in our book for IVV (2.0% of the fund), and 243 for IVV that do not appear in PRXV (24.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PRXV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 0.08% | 8.36% |
| AAPLApple, Inc | 7.29% | 0.33% | 6.96% |
| MUMicron Technology, Inc. | 1.87% | 4.60% | 2.73% |
| MSFTMicrosoft Corp | 5.76% | 0.50% | 5.26% |
| JPMJpmorgan Chase | 1.34% | 3.53% | 2.19% |
| AMZNAmazon.Com Inc | 3.68% | 0.12% | 3.56% |
| JNJJohnson & Johnson - Common | 0.94% | 2.76% | 1.82% |
| GOOGLAlphabet Inc | 3.00% | 0.09% | 2.91% |
| ABBVAbbvie Inc. | 0.69% | 2.02% | 1.33% |
| AVGOBroadcom Inc | 2.47% | 0.09% | 2.38% |
96.9% of PRXV is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $33 a year on a $10,000 investment.
Which performed better, IVV or PRXV?
Over the past year IVV returned +17.54% vs +19.81% for PRXV, so PRXV leads on 1-year performance. Over the longest common window we track (2 years), IVV annualized +35.08% vs +28.17% for PRXV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PRXV?
IVV has been the more volatile fund at 11.8% annualized versus 9.6% for PRXV. Worst drawdown: IVV -8.9% vs PRXV -6.7%.
Should I hold both IVV and PRXV?
IVV and PRXV have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and PRXV?
96.9% of PRXV's money is in holdings IVV also owns. 96.9% of PRXV's is in holdings IVV also owns. They hold 258 positions in common, counted across the 506 positions we hold weights for in IVV and 271 in PRXV.
Which pays a higher dividend, IVV or PRXV?
IVV yields 1.10% while PRXV yields 1.56%, so PRXV currently pays the higher dividend yield.
Is PRXV better than IVV?
IVV has a lower expense ratio. IVV led over the full window, PRXV over 1Y. PRXV is less concentrated, with 23.0% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.