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ISIN
US7017658698
CUSIP
701765869
Issuer
Parnassus
Inception Date
Apr 29, 2005
Min. Investment
$2,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value

Share Price Chart


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Performance

PARWX Performance Chart

Parnassus Endeavor Fund (PARWX) is up 14.9% since the beginning of the year. PARWX is currently trading at $64 per share. Investors who bought $1,000 worth of PARWX shares 5 years ago would now be looking at an investment worth $1,606.


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S&P 500 Index

Returns By Period

Parnassus Endeavor Fund (PARWX) has returned 14.87% so far this year and 34.49% over the past 12 months. Looking at the last ten years, PARWX has achieved an annualized return of 15.13%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


Parnassus Endeavor Fund

1D
1.00%
1M
3.99%
YTD
14.87%
6M
14.64%
1Y
34.49%
3Y*
18.45%
5Y*
9.94%
10Y*
15.13%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PARWX Monthly Returns History

Based on dividend-adjusted daily data since Apr 29, 2005, PARWX's average daily return is +0.06%, while the average monthly return is +1.14%. At this rate, an investment would double in approximately 5.1 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +20.6%, while the worst month was Mar 2020 at -19.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PARWX closed higher 53% of trading days. The best single day was Nov 18, 2021 with a return of +15.1%, while the worst single day was Nov 19, 2021 at -13.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.12%0.54%-5.96%10.50%2.66%2.87%14.87%
20254.46%-1.24%-4.99%-3.07%4.92%5.45%2.68%2.01%2.58%2.28%2.41%0.64%19.07%
20241.01%2.59%6.32%-6.02%2.01%0.34%3.53%1.10%2.50%-1.98%6.21%-5.35%12.03%
20237.33%-3.64%-1.92%0.83%-3.87%6.45%3.61%-2.08%-5.18%-3.07%9.54%6.34%13.67%
2022-2.70%-3.35%0.30%-7.04%1.67%-8.01%5.94%-4.11%-8.96%11.47%6.90%-4.50%-13.71%
20211.47%9.24%5.42%4.61%1.47%1.75%-0.57%1.50%-5.40%3.92%-2.64%7.54%31.09%

Benchmark Metrics

Parnassus Endeavor Fund has an annualized alpha of 3.61%, beta of 1.01, and R2 of 0.83 versus S&P 500 Index. Calculated based on daily prices since April 29, 2005.

  • This fund captured 114.45% of S&P 500 Index gains but only 98.35% of its losses - a favorable profile for investors.
  • This fund generated an annualized alpha of 3.61% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.01 and R2 of 0.83, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
3.61%
Beta
1.01
0.83
Upside Capture
114.45%
Downside Capture
98.35%

Expense Ratio

PARWX has an expense ratio of 0.88%, placing it in the medium range.


Return for Risk

Risk / Return Rank

PARWX ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


PARWX Risk / Return Rank: 8888
Overall Rank
PARWX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
PARWX Sortino Ratio Rank: 8989
Sortino Ratio Rank
PARWX Omega Ratio Rank: 8383
Omega Ratio Rank
PARWX Calmar Ratio Rank: 8686
Calmar Ratio Rank
PARWX Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Parnassus Endeavor Fund (PARWX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


PARWXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.82

Sortino ratioReturn per unit of downside risk

+1.24

Omega ratioGain probability vs. loss probability

1.51

1.37

+0.14

Calmar ratioReturn relative to maximum drawdown

3.87

2.78

+1.09

Martin ratioReturn relative to average drawdown

18.23

12.44

+5.79

Dividends

Dividend History

Parnassus Endeavor Fund provided a 10.57% dividend yield over the last twelve months, with an annual payout of $6.75 per share. The fund has been increasing its distributions for 2 consecutive years.


0.00%5.00%10.00%15.00%$0.00$2.00$4.00$6.00$8.00$10.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$6.75$6.75$4.33$0.89$1.35$9.05$0.34$0.30$3.56$2.35$1.08$2.88

Dividend yield

10.57%12.14%8.25%1.76%2.97%16.75%0.70%0.79%12.34%6.32%3.27%10.26%

Monthly Dividends

The table displays the monthly dividend distributions for Parnassus Endeavor Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.75$6.75
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.33$4.33
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.29$0.60$0.89
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.76$0.58$1.35
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$8.08$0.97$9.05

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Parnassus Endeavor Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Parnassus Endeavor Fund was 47.76%, occurring on Mar 9, 2009. Recovery took 153 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-47.76%Mar 2009
1y 4mo7mo 9d
2yOct 2007 - Oct 2009
COVID crash2020
-37.21%Mar 2020
1mo 9d6mo 18d
7mo 27dFeb 2020 - Oct 2020
Bear market2022
-32.27%Sep 2022
10mo 15d2y 15d
2y 11moNov 2021 - Oct 2024
Rate-hike selloffLate 2018
-25.58%Dec 2018
10mo 29d7mo 2d
1y 5moJan 2018 - Jul 2019
2011 bear market2011
-23.53%Oct 2011
7mo 13d5mo 8d
1y 16dFeb 2011 - Mar 2012

Drawdown Indicators


PARWXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-47.76%

-56.78%

+9.02%

Max Drawdown (1Y)

Largest decline over 1 year

-8.92%

-9.10%

+0.18%

Max Drawdown (3Y)

Largest decline over 3 years

-18.02%

-18.90%

+0.88%

Max Drawdown (5Y)

Largest decline over 5 years

-32.27%

-25.43%

-6.84%

Max Drawdown (10Y)

Largest decline over 10 years

-37.21%

-33.92%

-3.29%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-6.87%

-10.71%

+3.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.89%

2.03%

-0.14%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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