IMCG vs PRXG: Grades, Fees and Holdings Compared

iShares Morningstar Mid-Cap Growth ETF

IMCGANYSE Arca

Praxis Impact Large Cap Growth ETF

PRXGCNYSE Arca

Overlap

11.2%by weight

Expense ratio

IMCG −0.30pt a year

IMCG0.06%PRXG0.36%

Avg volume · 30D

IMCG 26.3×the volume

IMCG132KPRXG5.03K

IMCG vs PRXG Performance

Oct 31, 2025 – Oct 30, 2026

+14.0%IMCG+3.6%PRXG

Expense ratio: IMCG 0.06%, better; PRXG 0.36%
Fund size: IMCG $4.04B; PRXG $88M
1Y total return: IMCG +14.0%, better; PRXG +3.6%
Yield (12M): IMCG 0.67%, better; PRXG 0.11%
Holdings: IMCG 262; PRXG 157
Avg volume (30D): IMCG 132K sh, better; PRXG 5.03K sh
NAV per share: IMCG $93.24; PRXG $38.63
52W range

ETF.net Grade

Pillar letters and Scores for IMCG, PRXG, with each pillar’s weight
Pillar	IMCG	PRXG
Cost30% weight	A78Higher	D31
Mission25% weight	A95	A98Higher
Risk15% weight	A78Higher	D31
Tradability15% weight	B61Higher	F20
Holdings10% weight	A75Higher	D29
Durability5% weight	B66Higher	D28

Rank among US Growth Index funds

How we build Categories ›

Same Category. IMCG and PRXG are both graded against the same 35 US Growth Index funds, so their Grades compare head to head.

US Growth Index⁠

Category · 35 funds

See all 35 ›

IMCG ranks 2nd and PRXG 28th of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 84
Rank 2AILCGiShares Morningstar Growth ETFScore 78
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
Rank 28CFYCFirst Trust Small Cap Growth AlphaDEX FundScore 45
Rank 28CPRXGPraxis Impact Large Cap Growth ETFScore 45
Rank 28CQQQGPacer Nasdaq-100 Top 50 Cash Cows Growth Leaders ETFScore 45

Our read on each fund

ETF.net Research

IMCGAiShares Morningstar Mid-Cap Growth ETF

PRXGCPraxis Impact Large Cap Growth ETF

In short

IMCG Growth investing usually means megacaps. IMCG works the middle of the market instead: roughly 300 mid-cap growth names, indexed since 2004, for six basis points a year.

PRXG Praxis wraps its ImpactX screen around the CRSP US Large Cap Growth Index, so you get a mainstream large-cap growth benchmark with an impact filter layered on top. New in 2025, priced at 0.36%.

Stated mandate

IMCG The Fund seeks to track an index of U.S. mid-capitalization equities with growth characteristics. Its strategy uses representative sampling and generally invests at least 80% of assets in securities from the Underlying Index.

PRXG The Fund seeks capital appreciation.

Why people hold it

IMCG 0.06% a year, one third of the 0.18% median for its growth-fund peer group. Mid-cap indexing at large-cap-index prices.
The growth leaderboard is stacked with large-cap funds (VUG, SCHG, SPYG, VONG). IMCG covers the middle instead, holding about 300 mid-cap growth names.
Sticks close to the Morningstar mid-cap growth index it follows, one of the tighter tracking jobs in its peer group.
Running since 2004 under the iShares roof, with a multi-billion-dollar asset base behind it.

PRXG The mandate is spelled out: a 1940-Act ETF tracking the CRSP US Large Cap Growth Index, then filtered by the ImpactX screen, with capital appreciation as the stated objective.
Impact screening applied to a mainstream US large-cap growth benchmark, not a niche thematic basket. The starting universe is the same one big vanilla trackers use.
Straightforward plumbing: US equity only, index-referenced, with distributions on a quarterly cadence.

Worth knowing

IMCG Moderately traded rather than heavily traded, so bid-ask spreads can run wider than the megacap growth ETFs sitting beside it in the category.
This is a size-and-style bet. Mid-cap growth companies tend to move more sharply than the broad market, in both directions.
Distributions land quarterly, but a growth screen is not built around income.

PRXG At 0.36%, the fee sits well above the typical large-cap growth index fund. VUG tracks the same declared index for a small fraction of that. The screen is what you're paying for.
Launched in 2025 and thinly traded, so bid-ask spreads can run wider than in the category's household-name funds.
The ImpactX filter strips names out of the underlying index, so holdings and results can drift from plain-vanilla growth trackers in either direction.

Full IMCG profile⁠

Full PRXG profile⁠

IMCG vs PRXG Holdings

How IMCG and PRXG differ

Overlap by weight

11.2%

Shared holdings make up 47.1% of IMCG and 11.2% of PRXG.

Level by level

Holdings82 in both11.2%
Countryby domicile98.2%
Asset classEquity100%

Sector

No Sector split for PRXG.

Country, concentration and asset class

Country by domicile

Country weights in IMCG and PRXG, widest gap first
Country	More in IMCGMore in PRXG	IMCG	PRXG
United States	PRXG +1.5 points	98.2%	99.7%
China	IMCG +0.6 points	0.6%	0.0%
Other countries (4)	IMCG +1.0 points	1.3%	0.3%

Concentration

Weight in the 10 largest Holdings

IMCG12.4%
PRXG63.9%

Securities held

IMCG259
PRXG157

Asset class

IMCG: Equity
PRXG: Equity

Holdings

Only in IMCG177
In both82
Only in PRXG75

Only in IMCG

177 securities, 52.7% of IMCG by weight

Freeport Mcmoran Inc1.29%
Motorola Solutions Inc1.11%
Cummins Inc0.97%
Aon PLC Class A0.92%
Transdigm Group0.88%
Cencora0.85%
Bank of New York Mellon Corp0.85%
Natera0.81%
Marathon Petroleum0.80%
Emerson Electric0.79%
Keysight Technologies0.76%
Ross Stores Inc0.72%
Edwards Lifesciences0.71%
United Rentals0.69%
Westinghouse Air Brake Technologie0.65%
Vistra0.64%
Nasdaq Inc0.63%
Astera Labs0.61%
Nxp Semiconductors NV0.60%
Microchip Technology Inc0.60%
Everpure Inc Class A0.59%
Digital Realty Trust Reit0.59%
Arthur J Gallagher0.56%
Block Class A0.56%
Te Connectivity PLC0.55%
Nucor0.53%
Williams0.52%
Marsh0.48%
Twilio Class A0.47%
Norfolk Southern Corp0.47%
Simon Property Group Reit Inc0.46%
Take Two Interactive Software0.46%
Apollo Global Management0.45%
L3HARRIS Technologies0.44%
Cardinal Health0.44%
Northrop Grumman Corp0.44%
Targa Resources0.43%
Air Products and Chemicals0.43%
Allstate Corp0.43%
Garmin0.41%
Jabil0.41%
American Electric Power Inc0.40%
On Semiconductor Corp0.40%
Emcor Group0.40%
Illumina Inc0.39%
Republic Services Inc0.38%
Vylor0.38%
Credo Technology Group Holding Ltd0.38%
Entergy Corp0.37%
Estee Lauder Inc Class A0.37%

Only in PRXG

75 securities, 88.8% of PRXG by weight

Apple Inc13.81%
NVIDIA Corp12.48%
Microsoft Corp10.82%
Alphabet Inc4.75%
Amazon.com Inc4.27%
Broadcom Inc4.15%
Meta Platforms Inc3.87%
Eli Lilly & Co3.40%
Alphabet Inc3.24%
Tesla Inc3.12%
Advanced Micro Devices Inc2.17%
Visa Inc2.05%
Mastercard Inc1.52%
Costco Wholesale Corp1.24%
Palo Alto Networks Inc0.95%
Applied Materials Inc0.85%
Lam Research Corp0.79%
Intel Corp0.77%
Netflix Inc0.76%
Crowdstrike Holdings Inc0.76%
GE Vernova Inc0.62%
Amphenol Corp0.59%
Kla Corp0.57%
Arista Networks Inc0.57%
Marvell Technology Inc0.49%
Intuitive Surgical Inc0.49%
Welltower Inc0.48%
TJX Cos Inc/The0.48%
Local Initiatives Support Corp 4.1% 06/15/20270.48%
Booking Holdings Inc0.45%
Sandisk Corp0.45%
Seagate Technology Holdings PLC0.41%
ServiceNow Inc0.39%
Equinix Inc0.38%
Synopsys Inc0.37%
Western Digital Corp0.37%
Texas Instruments Inc0.36%
Cadence Design Systems Inc0.36%
Quanta Services Inc0.32%
Vertex Pharmaceuticals Inc0.31%
First American Government Obligations Fund 12/01/20310.31%
Starbucks Corp0.30%
Vertiv Holdings Co0.29%
Corning Inc0.28%
Howmet Aerospace Inc0.24%
AppLovin Corp0.24%
Waste Connections Inc0.21%
Workday Inc0.20%
Block Inc0.16%
Atlassian Corp0.13%

Weight gaps

All 82 Holdings in both funds, largest gap first.

Holding weights in IMCG and PRXG, widest gap first
Holding	More in IMCGMore in PRXG	IMCG	PRXG
SnowflakeSNOW	IMCG +1.22 points	1.52%	0.30%
Johnson Controls International PLCJCI	IMCG +1.20 points	1.30%	0.10%
Dell Technologies Inc Class CDELL	IMCG +1.16 points	1.30%	0.14%
Cloudflare Class ANET	IMCG +1.04 points	1.35%	0.31%
Datadog Inc Class ADDOG	IMCG +0.91 points	1.20%	0.29%
FortinetFTNT	IMCG +0.91 points	1.18%	0.27%
Royal Caribbean GroupRCL	IMCG +0.90 points	1.05%	0.15%
Lumentum HoldingsLITE	IMCG +0.89 points	1.10%	0.21%
EcolabECL	IMCG +0.84 points	1.03%	0.19%
CsxCSX	IMCG +0.83 points	0.89%	0.06%
Hilton Worldwide HoldingsHLT	IMCG +0.81 points	1.07%	0.26%
CintasCTAS	IMCG +0.81 points	1.02%	0.21%
Oreilly Automotive IncORLY	IMCG +0.78 points	0.97%	0.19%
Moodys CorpMCO	IMCG +0.77 points	1.00%	0.23%
Robinhood Markets Class AHOOD	IMCG +0.75 points	0.97%	0.22%
Ametek IncAME	IMCG +0.70 points	0.79%	0.09%
Baker Hughes Class ABKR	IMCG +0.68 points	0.73%	0.05%
Monster BeverageMNST	IMCG +0.67 points	0.86%	0.19%
Bloom Energy Class ABE	IMCG +0.67 points	0.87%	0.20%
Airbnb Class AABNB	IMCG +0.64 points	0.91%	0.27%
Doordash Class ADASH	IMCG +0.65 points	0.92%	0.27%
Sherwin WilliamsSHW	IMCG +0.61 points	0.66%	0.05%
Ww Grainger IncGWW	IMCG +0.60 points	0.82%	0.23%
FastenalFAST	IMCG +0.60 points	0.79%	0.19%
Monolithic Power Systems IncMPWR	IMCG +0.54 points	0.76%	0.22%
Ventas ReitVTR	IMCG +0.53 points	0.58%	0.05%
CienaCIEN	IMCG +0.53 points	0.67%	0.14%
Rockwell Automation IncROK	IMCG +0.52 points	0.68%	0.16%
AutozoneAZO	IMCG +0.52 points	0.70%	0.18%
TeradyneTER	IMCG +0.50 points	0.63%	0.13%
Carvana Class ACVNA	IMCG +0.48 points	0.66%	0.18%
Idexx LaboratoriesIDXX	IMCG +0.48 points	0.59%	0.11%
Comfort Systems UsaFIX	IMCG +0.47 points	0.61%	0.14%
Illinois Tool IncITW	IMCG +0.46 points	0.57%	0.11%
MsciMSCI	IMCG +0.46 points	0.60%	0.14%
CoherentCOHR	IMCG +0.45 points	0.59%	0.14%
Veeva Systems Class AVEEV	IMCG +0.44 points	0.63%	0.19%
AutodeskADSK	IMCG +0.43 points	0.70%	0.27%
Interactive Brokers Group Inc ClasIBKR	IMCG +0.40 points	0.49%	0.09%
Flex LtdFLEX	IMCG +0.39 points	0.44%	0.05%
Chipotle Mexican GrillCMG	IMCG +0.37 points	0.53%	0.16%
Martin Marietta MaterialsMLM	IMCG +0.37 points	0.44%	0.07%
Coinbase Global Class ACOIN	IMCG +0.37 points	0.48%	0.11%
Vulcan MaterialsVMC	IMCG +0.35 points	0.48%	0.13%
Waters CorpWAT	IMCG +0.35 points	0.45%	0.10%
West Pharmaceutical ServicesWST	IMCG +0.31 points	0.40%	0.09%
Dexcom IncDXCM	IMCG +0.31 points	0.41%	0.10%
Ferguson EnterprisesFERG	IMCG +0.31 points	0.37%	0.06%
Rocket Lab CorpRKLB	IMCG +0.31 points	0.45%	0.14%
Roblox Class ARBLX	IMCG +0.31 points	0.46%	0.15%
Old Dominion Freight LineODFL	IMCG +0.30 points	0.44%	0.14%
Axon EnterpriseAXON	IMCG +0.30 points	0.46%	0.16%
Yum BrandsYUM	IMCG +0.28 points	0.36%	0.08%
Mongodb Class AMDB	IMCG +0.29 points	0.41%	0.12%
InsmedINSM	IMCG +0.27 points	0.32%	0.05%
Alnylam PharmaceuticalsALNY	IMCG +0.24 points	0.31%	0.07%
Live Nation EntertainmentLYV	IMCG +0.24 points	0.35%	0.11%
Carrier GlobalCARR	IMCG +0.23 points	0.32%	0.09%
ResmedRMD	IMCG +0.22 points	0.27%	0.05%
Ares Management Class AARES	IMCG +0.22 points	0.36%	0.14%
VerisignVRSN	IMCG +0.22 points	0.34%	0.12%
Lpl Financial HoldingsLPLA	IMCG +0.21 points	0.29%	0.08%
Mettler ToledoMTD	IMCG +0.20 points	0.26%	0.06%
Expedia GroupEXPE	IMCG +0.18 points	0.24%	0.06%
ZscalerZS	IMCG +0.18 points	0.35%	0.17%
EbayEBAY	IMCG +0.17 points	0.28%	0.11%
Texas Pacific LandTPL	IMCG +0.17 points	0.26%	0.09%
Roper TechnologiesROP	IMCG +0.15 points	0.21%	0.06%
Verisk AnalyticsVRSK	IMCG +0.14 points	0.20%	0.06%
DoverDOV	IMCG +0.14 points	0.22%	0.08%
Copart IncCPRT	IMCG +0.13 points	0.20%	0.07%
Realty Income ReitO	IMCG +0.13 points	0.23%	0.10%
Ingersoll RandIR	IMCG +0.13 points	0.21%	0.08%
Heico Class AHEI.A	IMCG +0.12 points	0.26%	0.14%
Ast Spacemobile Class AASTS	IMCG +0.10 points	0.16%	0.06%
HeicoHEI	IMCG +0.09 points	0.19%	0.10%
Fair IsaacFICO	IMCG +0.08 points	0.20%	0.12%
Southwest AirlinesLUV	IMCG +0.06 points	0.16%	0.10%
Sba Communications Reit Corp ClassSBAC	IMCG +0.06 points	0.12%	0.06%
First SolarFSLR	IMCG +0.05 points	0.13%	0.08%
Rollins IncROL	IMCG +0.05 points	0.15%	0.10%
Coreweave Class ACRWV	Same weight	0.17%	0.17%

All 259 IMCG holdings⁠All 158 PRXG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMCG vs PRXG Cost

Overpaying PRXG vs IMCG

$6,050

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IMCG 0.06%
$1,270
PRXG 0.36%
$7,320

Amount$10,000

Years30 years

Cost over time

IMCG 0.06%
PRXG 0.36%
Overpaying

Year by year

Year	IMCG	PRXG	Overpaying
10	$110	$652	$542
20	$432	$2,522	$2,090
30	$1,270	$7,320	$6,050

Expense ratio

0.06%IMCG, cheaper
0.36%PRXG

IMCG0.06%PRXG0.36%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

IMCG 9th cheapest of 35 funds

PRXG 25th cheapest of 35 funds

IMCG vs PRXG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IMCG 0.67%, better; PRXG 0.11%
Payout (12M): IMCG $0.62; PRXG $0.04
Last payment: IMCG $0.19; PRXG $0.01
Ex-dividend: IMCG Sep 15, 2026; PRXG Sep 29, 2026
Paid on: IMCG Sep 18, 2026; PRXG Sep 30, 2026
Frequency: IMCG Quarterly; PRXG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IMCGQuarterly · 39 paymentsAll IMCG payments⁠

PRXGQuarterly · 6 paymentsAll PRXG payments⁠

IMCG vs PRXG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IMCG 16.6%PRXG 18.2%since May 2025
Return per unit of riskSharpe ratio, 3 years: IMCG 0.97PRXG 1.01since May 2025
Worst fallMax drawdown, 5 years: IMCG −35.1%PRXG −15.9%since Apr 2025
Market sensitivityBeta, 5 years: IMCG 1.14PRXG 1.39; Market = 1

IMCG and PRXG in the news

All news⁠

Best ETFs
The best growth ETF is the cheap one on the index you want
Updated Nov 2, 2026IMCG
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026IMCG

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IMCG vs PRXG

In short

Stated mandate

Why people hold it

Worth knowing

How IMCG and PRXG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IMCG

Only in PRXG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best growth ETF is the cheap one on the index you want

The cheap large-cap growth pick is the S&P 500 list

How IMCG and PRXG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IMCG

Only in PRXG

Weight gaps