PRXI

Praxis Impact International ETF

Invest in PRXI

Fund details

As of:

  • Ticker symbol
  • CUSIP
  • Inception date 06/23/2026
  • Primary exchange NYSE
  • Net assets
  • Shares outstanding
  • # of portfolio holdings
  • Expense ratio 0.54%

Index details

  • Index name Morningstar DM ex-NA TME NR
  • Index ticker MSEGDNNU
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Overview

The Fund invests primarily in equity securities of foreign companies organized under the laws of, headquartered in, or whose common equity securities are principally traded in countries outside the United States, as measured by the Morningstar® Developed Markets ex-North America Target Market Exposure NR USD IndexSM, its performance benchmark index.

Investment strategy

Investment selection begins with the universe of stocks included in the Morningstar® Developed Markets ex-North America Target Market Exposure NR USD IndexSM. Praxis applies values + risk screens to remove industries inconsistent with its Core Values as well as those with exceptionally poor performance on environmental, social or governance factors. Praxis then applies quantitative optimization techniques with an aim to achieve performance approximately in line with the benchmark.

Real impact today

In our faith-based impact investing approach, our funds utilize seven impact strategies to promote real-world change:

  • Values and risk screening
  • Proxy voting
  • Sustainability integration
  • Positive impact bonds*
  • Company engagement
  • Advocacy and education
  • Community investing

*The Praxis Impact International ETF does not contain any Positive Impact Bonds.

Net asset value and market price

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30-day median bid-ask spread

Market price

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Premium/Discount history

Daily NAV and market price performance

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Fund holdings

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Top 10 holdings

View all holdings View all holdings

Subject to change

Name Ticker symbol CUSIP Shares Market value Weight

Management

Headshot of Austin Wen

Austin Wen, CFA®

Austin Wen has been a portfolio manager of the Praxis Impact Large Cap Value ETF and Praxis Impact Large Cap Growth ETF since 2025, and the Praxis Impact International ETF since 2026. He has served as a portfolio manager of Vident Asset Management, the sub-adviser, since 2016 and has over a decade of investment experience. Austin joined Vident in 2014 and was previously an analyst for Vident Financial (the sub-adviser’s former parent company), working on the development and review of investment solutions. He began his career as a State Examiner for the Georgia Department of Banking and Finance. Mr. Wen obtained a Bachelor of Arts in Finance from the University of Georgia and holds the Chartered Financial Analyst designation.
Portrait of Devin Ryder, Portfolio Manager from Vident

Devin Ryder, CFA®

Devin Ryder is a member of the Portfolio Management team at the Sub-Adviser since 2025 and has over five years of industry experience. Prior to joining Vident, Devin was a Senior Software Engineer at Bloomberg, where she designed and built systems to connect ETF market participants and facilitate ETF primary market transactions. Before that, she was a Portfolio Manager at ETF Managers Group, where she specialized in domestic and international equity thematic strategies. Devin holds a Bachelor of Science in Mathematics of Finance and Risk Management from the University of Michigan and holds the Chartered Financial Analyst designation.

Resources

Disclosure

There is no guarantee the fund will pay distributions in the future and distributions, if any, may be less than the current distribution.

Morningstar® Developed Markets ex-North America Target Market Exposure NR USD IndexSM: Measures the performance of large-, and mid-cap stocks in developed markets outside of North America, representing the top 85% of the investable universe by float-adjusted market capitalization. It is not possible to invest in an index.

Morningstar, Inc., expressly disclaims any warranty around the accuracy, completeness and/or timeliness of the Morningstar® Developed Markets Ex-North America Target Market Exposure NR USD Index℠ or any data included therein and Morningstar shall have no liability for any errors, omissions, or interruptions therein. Morningstar makes no warranty, express or implied, as to results to be obtained by Praxis Investment Management, Inc., owners or users of the Praxis Impact International ETF, or any other person or entity from the use of the Morningstar® Developed Markets Ex-North America Target Market Exposure NR USD Index℠ or any data included therein. Morningstar makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the Morningstar® Developed Markets Ex-North America Target Market Exposure NR USD Index℠ or any data included therein. Without limiting any of the foregoing, in no event shall Morningstar have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.

An investor should consider the investment objectives, risks, and charges and expenses of the fund carefully before investing. A prospectus and a summary prospectus which contains this and other information about the fund may be obtained by visiting praxisinvests.com/prospectus. The prospectus and the summary prospectus should be read carefully before investing.

Investing involves risk. Principal loss is possible.

Investment Style Risk. The Fund is also subject to investment style risk, which is the chance that returns from international stocks will trail returns from other asset classes or the overall stock market. International stocks tend to go through cycles of doing better — or worse — than the stock market in general.

Foreign Investment Risk. Because the Fund invests primarily in foreign securities, it is subject to foreign investment risks, which are the additional risks presented by foreign investments, such as changes in currency exchange rates, a lack of adequate company information, political instability, and market and economic developments abroad. In addition, markets and economies throughout the world are becoming increasingly interconnected and conditions or events in one market, country or region may adversely impact investments or issuers in another market, country or region.

Index Investing Risk. Because the Fund is designed to track the performance of an index, securities may be purchased, retained or sold at times when a more actively managed fund would not do so. If the value of securities that are heavily weighted in the index change, you can expect a greater risk of loss than if the Fund had a lower weighting to those securities.

Industry Concentration Risk. In following its methodology, the underlying index from time to time may be concentrated to a significant degree in securities of issuers located in a single industry or group of industries. To the extent that the index concentrates in the securities of issuers in a particular industry or group of industries, the Fund also may concentrate its investments to approximately the same extent.

Non-Diversification Risk. The Fund is non-diversified, meaning that it is permitted to invest a larger percentage of its assets in one or more issuers or in fewer issuers than diversified funds. Thus, the Fund may be more susceptible to adverse developments affecting any single issuer held in its portfolio, and may be more susceptible to greater losses because of these developments.

New Fund Risk. A new fund’s performance may not represent how the fund is expected to or may perform in the long term. In addition, new funds have limited operating histories for investors to evaluate and new funds may not attract sufficient assets to achieve investment and trading efficiencies.

ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF's shares may trade at a premium or discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact an ETF's ability to sell its shares. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Brokerage commissions will reduce returns.

Praxis Mutual Funds® and Praxis ETFs™ are distributed by Foreside Financial Services, LLC.