Praxis Investment Management

What Praxis Investment Management does

Praxis Investment Management, Inc. is a registered investment adviser (RIA) that operates as a faith-based asset management firm and a subsidiary of Everence, a faith-based financial services organization. The firm primarily serves values-aligned retail investors and financial advisors seeking investment vehicles that integrate faith-based or biblically responsible screening criteria into portfolio construction.

The firm's product suite spans exchange-traded funds, mutual funds, separately managed portfolio solutions, and a money market account. ETF offerings include the Praxis Impact Large Cap Growth ETF (PRXG), Praxis Impact Large Cap Value ETF (PRXV), and the Praxis Impact International ETF (PRXI), the latter launched in 2024 to add non-U.S. developed-market exposure. Mutual fund offerings include the Growth Index, Impact Bond, International Index, Small Cap Index, and Value Index funds. Portfolio solutions include Genesis Balanced, Genesis Conservative, and Genesis Growth. The firm's stated differentiator is its ImpactX strategy framework, which evaluates investments across seven impact dimensions and is applied across all products. No AI/ML-driven portfolio construction or data flywheel is disclosed in available materials.

Praxis generates revenue through management fees (expense ratios) on assets under management across its fund products, a recurring AUM-based model. Distribution occurs through the firm's direct website, a dedicated advisor portal for financial professionals, and third-party mutual fund access platforms. The firm is U.S.-domiciled with no disclosed international operations, and there are no publicly disclosed AUM, revenue, or headcount figures to triangulate scale.

Name

Praxis Investment Management

Legal name

Praxis Investment Management, Inc.

Website

https://praxismutualfunds.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Praxis Investment Management is a faith-based registered investment adviser and subsidiary of Everence that offers ETFs, mutual funds, portfolio solutions, and a money market account screened through its ImpactX framework for values-aligned individual investors and financial advisors.

Ownership category

akta.pro rank

Product category

Faith-Based Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable/Thematic Investing (Climate, Clean Tech, Water, Biodiversity) (FSAAALAB)

Keywords

• Faith-based investing
• Values-based screening
• ESG mutual funds
• Impact investing
• Financial advisory services

Headquarters

HQ city

Goshen

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Management Fees: Praxis generates revenue through management fees charged on ETFs and mutual funds. These are structured as expense ratios applied to fund assets under management, typical for registered investment adviser products. The company also earns advisory service fees.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Praxis Investment Management is a faith-based Registered Investment Adviser that offers ETFs, mutual funds, fund-of-funds portfolio solutions, and a money market account. All products are managed under the proprietary ImpactX framework, which integrates values screening, proxy voting, sustainability integration, positive impact bonds, company engagement, community investing, and advocacy to align investment outcomes with faith-driven values.

Product overview

Praxis Investment Management is a faith-based investment management firm offering a comprehensive suite of investment products centered on its ImpactX strategy. The product architecture includes three distinct product lines: (1) ETFs — three faith-based equity ETFs covering international, large cap growth, and large cap value strategies; (2) Mutual Funds — five index-tracking funds covering growth, bonds, international, small cap, and value equities, all applying values-based screening; and (3) Portfolio Solutions — three fund-of-funds portfolio allocations (conservative, balanced, growth) plus a Money Market Account. All products are designed to align financial returns with faith-driven values through seven impact strategies including values screening, proxy voting, sustainability integration, positive impact bonds, company engagement, community investing, and advocacy.

Differentiator

Problem solved

Functional benefit

Brands

• ImpactX: Impact strategy framework used across Praxis funds to measure and deliver real-world impact. Seven different impact strategies are utilized across funds.

Products and services

• Praxis Impact International ETF A faith-based international equity ETF that invests in companies consistent with values-driven screening criteria, designed for investors seeking international equity exposure aligned with their religious values.
• Praxis Impact Large Cap Growth ETF A faith-based large cap growth ETF focusing on growth-oriented companies that meet the fund's values-based investment criteria.
• Praxis Impact Large Cap Value ETF A faith-based large cap value ETF focusing on value-oriented companies that meet the fund's values-based investment criteria.
• Praxis Growth Index Fund A faith-based mutual fund that tracks the performance of growth-oriented companies meeting values-based screening standards.
• Praxis Impact Bond Fund A faith-based fixed income mutual fund investing in bonds that align with values-driven criteria along the impact bond dimension.
• Praxis International Index Fund A faith-based international equity mutual fund that tracks international market indices while applying values-based screening.
• Praxis Small Cap Index Fund A faith-based small capitalization equity mutual fund that tracks small cap indices while applying values-based screening.
• Praxis Value Index Fund A faith-based value-oriented equity mutual fund that tracks value indices while applying values-based screening.
• Genesis Balanced Portfolio A fund-of-funds portfolio solution providing balanced allocation across equities and fixed income with faith-based screening.
• Genesis Conservative Portfolio A fund-of-funds portfolio solution with a conservative allocation emphasizing capital preservation through fixed income with faith-based screening.
• Genesis Growth Portfolio A fund-of-funds portfolio solution with an aggressive allocation emphasizing equity investments with faith-based screening.
• Praxis Money Market Account A stable cash deposit option providing liquidity for investors seeking a faith-based money market alternative.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• EverencecoreOthersPraxis Investment Management is an Everence company. Everence is a faith-based financial services organization offering banking, asset management, financial planning and other financial services with community benefits and stewardship education. This is a parent-subsidiary relationship where Everence owns and supports Praxis as its investment management subsidiary.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• Calvert Impact Capital: Calvert Impact Capital is an established impact investing organization offering fixed-income impact investment products, overlapping with Praxis's Positive Impact Bonds and Impact Bond Fund strategy. Both firms occupy the impact-investing category though Calvert is materially larger.
• BlackRock iShares ESG: BlackRock's iShares ESG ETF family targets the same values-aligned investor segment as Praxis and competes for advisor shelf space and retail mindshare. The scale and distribution advantages of BlackRock represent a significant competitive threat to smaller faith-based sponsors.
• Impax Asset Management (PAX World): Impax (formerly PAX World) is a well-established ESG and impact investing firm with a comparable values-based fund family, providing a broader scale alternative to Praxis. Both firms serve impact-oriented investors though Impax's product set is materially larger and more diversified.
• Vanguard (ESG / Values Funds): Vanguard's ESG and values-screened fund offerings serve a similar values-aligned investor base and compete with Praxis in advisor distribution channels. Vanguard's scale, low expense ratios, and brand recognition make it a formidable competitor in the wider values-based category.

Direct peers

• Inspire Investing: Inspire Investing is a faith-based ETF sponsor offering biblically responsible ETFs targeting faith-aligned investors, directly competing with Praxis's ETF family. Both firms pursue a similar advisor-led faith-based distribution model.
• Timothy Plan: Timothy Plan offers a family of faith-based mutual funds and ETFs that screen investments according to biblical principles, mirroring Praxis's faith-based screening and ImpactX approach. Both firms target faith-aligned investors and compete head-to-head for faith-based distribution.
• FaithShares: FaithShares sponsors Christian- and values-based ETFs targeting faith-based investors, directly competing with Praxis's ETF lineup. The two firms overlap in their faith-based ETF distribution strategy and values screening methodology.
• Ave Maria Mutual Funds: Ave Maria Mutual Funds manages a faith-based mutual fund family that screens investments for alignment with Catholic values, directly comparable to Praxis's faith-based screening strategy. Both firms compete for advisor distribution within faith-based investor communities.
• Eventide Funds: Eventide Funds offers faith-based and values-aligned mutual funds integrating biblical principles with impact investing, closely comparable to Praxis's ImpactX approach. Both firms target faith-based advisors and investors seeking values-aligned fund products.

Emerging players

• Glenmede: Glenmede offers values-aligned and impact-oriented investment strategies for institutional and high-net-worth investors, partially overlapping with Praxis's faith-based advisor distribution. Both firms pursue values-based investment philosophies with a focus on impact reporting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/PraxisFunds
• YouTubeyoutube.com/playlist?list=PLcfr8i6anWRabKgu55O3YnwU7Y2LSJVxK
• LinkedInlinkedin.com/company/praxis-investment-management

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Praxis Investment Management