MMSIX Performance — Praxis Small Cap Index Fund, Class I
Data updated: 2026-08-31
MMSIX returned +19.01% year to date and +28.50% over one year to Jun 2026. Annualised returns are +14.74% over 3 years and +5.85% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $151, against $156 for the category, and to $128 over one year, against $133. Volatility over the past three years was 18.87% a year. In the 12 months to Jun 2026 the fund took in a net $11.5M, and assets reached $234.37M.
MMSIX Growth of $100
What $100 invested in Praxis Small Cap Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | MMSIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $128 | $133 |
| 3 years (Jul 2023 – Jun 2026) | $151 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $133 | $141 |
| Since data start (Jul 2019 – Jun 2026) | $269 | $194 |
MMSIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.01% |
| 1 year | +28.50% |
| 3 years (annualised) | +14.74% |
| 5 years (annualised) | +5.85% |
MMSIX Annual Returns
Calendar-year total returns of Praxis Small Cap Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +19.01% |
| 2025 | +6.71% |
| 2024 | +8.49% |
| 2023 | +16.67% |
| 2022 | −19.60% |
| 2021 | +27.36% |
| 2020 | +63.19% |
| 2019 (Jul–Sep) | 0.00% |
MMSIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.8% | +2.6% | −5.4% | +8.9% | +3.1% | +4.3% | — | — | — | — | — | — |
| 2025 | +4.0% | −5.0% | −6.7% | −2.6% | +6.1% | +3.8% | +1.5% | +4.7% | +0.6% | −0.1% | +1.2% | −0.1% |
| 2024 | −3.9% | +3.5% | +3.4% | −5.7% | +5.4% | −2.2% | +11.1% | −1.6% | +0.7% | −3.0% | +10.6% | −8.0% |
| 2023 | +9.2% | −0.9% | −5.0% | −3.1% | −1.2% | +8.2% | +5.5% | −4.4% | −5.8% | −5.5% | +8.1% | +12.9% |
| 2022 | −8.1% | +0.5% | −0.4% | −8.6% | +1.3% | −8.4% | +10.3% | −4.5% | −10.1% | +12.0% | +4.3% | −7.0% |
| 2021 | +8.3% | +7.1% | +2.8% | +2.4% | +1.5% | −0.1% | −2.0% | +2.2% | −2.6% | +3.0% | −1.9% | +4.2% |
| 2020 | 0.0% | −0.1% | −0.2% | +12.2% | +4.5% | +3.5% | +4.5% | +4.0% | −5.0% | +2.4% | +18.1% | +8.0% |
| 2019 | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% | — | — | — |
MMSIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.87%
- 3-year Sharpe ratio: 0.54 (vs 4.5% risk-free rate)
- Best month: +12.93% (Dec 2023)
- Worst month: −8.01% (Dec 2024)
MMSIX Fund Flows
Monthly money in and out of Praxis Small Cap Index Fund, from SEC Form N-PORT.
- 12-month net flow: $11.5M
- 12-month gross sales (incl. reinvestments): $50.0M
- Sales ÷ redemptions: 1.30×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $4.1M | $5.9M | −$1.7M |
| May 2026 | $2.6M | $3.2M | −$579K |
| Apr 2026 | $2.6M | $2.4M | $241K |
| Mar 2026 | $2.9M | $3.8M | −$951K |
| Feb 2026 | $2.0M | $2.4M | −$462K |
| Jan 2026 | $4.8M | $2.8M | $2.0M |
| Dec 2025 | $17.2M | $4.8M | $12.4M |
| Nov 2025 | $2.4M | $2.7M | −$307K |
| Oct 2025 | $4.7M | $3.6M | $1.1M |
| Sep 2025 | $2.6M | $3.0M | −$373K |
| Aug 2025 | $2.0M | $1.5M | $467K |
| Jul 2025 | $2.1M | $2.3M | −$239K |
MMSIX Assets Under Management
Net assets of Praxis Small Cap Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $234.37M |
| 2026-03-31 | $202.01M |
| 2025-12-31 | $198.04M |
| 2025-09-30 | $199.32M |
| 2025-06-30 | $186.69M |
| 2025-03-31 | $172.27M |
| 2024-12-31 | $180.98M |
| 2024-09-30 | $188.07M |
| 2024-06-30 | $171.38M |
| 2024-03-31 | $174.61M |
| 2023-12-31 | $165.31M |
| 2023-09-30 | $148.00M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.