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Parnassus Core Equity Fund (PRBLX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US7017691012

CUSIP

701769101

Issuer

Parnassus

Inception Date

Aug 31, 1992

Region

North America (U.S.)

Min. Investment

$2,000

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

PRBLX features an expense ratio of 0.82%, falling within the medium range.


Expense ratio chart for PRBLX: current value at 0.82% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.82%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
PRBLX vs. SPY PRBLX vs. PRDGX PRBLX vs. VFFSX PRBLX vs. PRCOX PRBLX vs. AKREX PRBLX vs. NOSIX PRBLX vs. VSMPX PRBLX vs. TRLGX PRBLX vs. WSEFX PRBLX vs. VUG
Popular comparisons:
PRBLX vs. SPY PRBLX vs. PRDGX PRBLX vs. VFFSX PRBLX vs. PRCOX PRBLX vs. AKREX PRBLX vs. NOSIX PRBLX vs. VSMPX PRBLX vs. TRLGX PRBLX vs. WSEFX PRBLX vs. VUG

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Parnassus Core Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


600.00%700.00%800.00%900.00%1,000.00%1,100.00%1,200.00%1,300.00%JulyAugustSeptemberOctoberNovemberDecember
677.78%
1,225.45%
PRBLX (Parnassus Core Equity Fund)
Benchmark (^GSPC)

Returns By Period

Parnassus Core Equity Fund had a return of 19.68% year-to-date (YTD) and 20.74% in the last 12 months. Over the past 10 years, Parnassus Core Equity Fund had an annualized return of 5.81%, while the S&P 500 had an annualized return of 11.06%, indicating that Parnassus Core Equity Fund did not perform as well as the benchmark.


PRBLX

YTD

19.68%

1M

-0.22%

6M

6.70%

1Y

20.74%

5Y*

7.58%

10Y*

5.81%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of PRBLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.69%4.46%3.55%-4.81%2.85%4.04%1.90%1.50%2.01%-1.82%5.72%19.68%
20235.48%-2.57%4.64%1.55%0.04%5.80%3.38%-1.27%-5.25%-1.63%3.11%4.21%18.16%
2022-5.03%-3.92%3.30%-8.24%-1.17%-6.65%7.94%-4.27%-9.93%7.86%-1.80%-5.50%-25.66%
2021-1.64%3.98%4.74%4.60%0.67%1.99%3.26%2.81%-5.69%5.86%-6.32%4.36%19.21%
20200.11%-7.73%-10.04%10.16%4.56%2.33%6.80%6.16%-1.75%-2.53%4.58%3.26%14.84%
20196.36%4.15%2.30%3.92%-4.47%6.85%1.88%-0.08%0.50%0.31%-3.47%2.04%21.53%
20184.85%-4.20%-0.70%1.01%0.56%1.04%5.02%2.63%0.09%-5.35%-3.66%-8.31%-7.66%
20171.99%1.92%0.42%0.86%0.80%0.75%1.44%0.07%1.81%1.90%-2.39%0.13%10.04%
2016-4.33%1.33%5.82%-1.14%2.30%-0.40%2.84%1.82%-0.17%-2.90%0.39%1.98%7.38%
2015-3.37%4.04%-1.31%-0.47%1.47%-1.39%2.50%-4.44%-1.94%6.86%-6.42%-2.24%-7.22%
2014-3.73%4.22%0.47%2.98%2.24%2.05%-2.76%3.70%-1.37%3.43%0.77%0.33%12.62%
20136.23%1.93%4.08%1.25%1.57%-1.39%4.94%-2.30%4.10%5.64%-3.70%2.65%27.38%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 84, PRBLX is among the top 16% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PRBLX is 8484
Overall Rank
The Sharpe Ratio Rank of PRBLX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of PRBLX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of PRBLX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of PRBLX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of PRBLX is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Parnassus Core Equity Fund (PRBLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for PRBLX, currently valued at 1.79, compared to the broader market-1.000.001.002.003.004.001.792.10
The chart of Sortino ratio for PRBLX, currently valued at 2.42, compared to the broader market-2.000.002.004.006.008.0010.002.422.80
The chart of Omega ratio for PRBLX, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.003.501.331.39
The chart of Calmar ratio for PRBLX, currently valued at 1.22, compared to the broader market0.002.004.006.008.0010.0012.0014.001.223.09
The chart of Martin ratio for PRBLX, currently valued at 11.51, compared to the broader market0.0020.0040.0060.0011.5113.49
PRBLX
^GSPC

The current Parnassus Core Equity Fund Sharpe ratio is 1.79. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Parnassus Core Equity Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.79
2.10
PRBLX (Parnassus Core Equity Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Parnassus Core Equity Fund provided a 9.78% dividend yield over the last twelve months, with an annual payout of $5.88 per share.


0.50%1.00%1.50%2.00%$0.00$0.20$0.40$0.60$0.8020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$5.88$0.31$0.23$0.53$0.31$0.35$0.45$0.55$0.40$0.80$0.60$0.49

Dividend yield

9.78%0.57%0.49%0.83%0.57%0.73%1.14%1.30%1.02%2.17%1.46%1.32%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.07$0.00$0.00$0.03$0.00$0.00$0.06$0.00$0.00$5.73$5.88
2023$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.09$0.31
2022$0.00$0.00$0.03$0.00$0.00$0.05$0.00$0.00$0.09$0.00$0.00$0.07$0.23
2021$0.00$0.00$0.04$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.37$0.53
2020$0.00$0.00$0.10$0.00$0.00$0.07$0.00$0.00$0.05$0.00$0.00$0.09$0.31
2019$0.00$0.00$0.09$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.09$0.35
2018$0.00$0.00$0.16$0.00$0.00$0.09$0.00$0.00$0.11$0.00$0.00$0.09$0.45
2017$0.00$0.00$0.12$0.00$0.00$0.10$0.00$0.00$0.13$0.00$0.00$0.21$0.55
2016$0.00$0.00$0.13$0.00$0.00$0.09$0.00$0.00$0.10$0.00$0.00$0.09$0.40
2015$0.00$0.00$0.08$0.00$0.00$0.11$0.00$0.00$0.12$0.00$0.00$0.50$0.80
2014$0.00$0.00$0.10$0.00$0.00$0.09$0.00$0.00$0.20$0.00$0.00$0.20$0.60
2013$0.10$0.00$0.00$0.10$0.00$0.00$0.13$0.00$0.00$0.16$0.49

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.46%
-2.62%
PRBLX (Parnassus Core Equity Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Parnassus Core Equity 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 Core Equity Fund was 45.76%, occurring on Mar 9, 2009. Recovery took 460 trading sessions.

The current Parnassus Core Equity Fund drawdown is 3.46%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-45.76%Nov 1, 2007338Mar 9, 2009460Jan 3, 2011798
-30.27%Nov 17, 2021280Dec 28, 2022450Oct 14, 2024730
-30.09%Feb 20, 202023Mar 23, 202092Aug 3, 2020115
-29.99%Aug 29, 2000527Oct 9, 2002324Jan 26, 2004851
-21.96%Sep 21, 201865Dec 24, 2018122Jun 20, 2019187

Volatility

Volatility Chart

The current Parnassus Core Equity Fund volatility is 4.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.07%
3.79%
PRBLX (Parnassus Core Equity Fund)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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