FLCEX vs. PRBLX
Compare and contrast key facts about Fidelity Large Cap Core Enhanced Index Fund (FLCEX) and Parnassus Core Equity Fund (PRBLX).
FLCEX is managed by Fidelity. It was launched on Apr 19, 2007. PRBLX is managed by Parnassus. It was launched on Aug 31, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCEX or PRBLX.
Performance
FLCEX vs. PRBLX - Performance Comparison
Returns By Period
FLCEX
N/A
N/A
N/A
N/A
N/A
N/A
PRBLX
19.95%
-0.05%
9.48%
25.80%
8.36%
5.82%
Key characteristics
| FLCEX | PRBLX |
|---|
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FLCEX vs. PRBLX - Expense Ratio Comparison
FLCEX has a 0.39% expense ratio, which is lower than PRBLX's 0.82% expense ratio.
Correlation
The correlation between FLCEX and PRBLX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
FLCEX vs. PRBLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Core Enhanced Index Fund (FLCEX) and Parnassus Core Equity Fund (PRBLX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FLCEX vs. PRBLX - Dividend Comparison
FLCEX has not paid dividends to shareholders, while PRBLX's dividend yield for the trailing twelve months is around 0.37%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCEX Fidelity Large Cap Core Enhanced Index Fund | 0.00% | 1.21% | 1.25% | 14.25% | 2.29% | 2.38% | 7.67% | 3.82% | 1.57% | 2.82% | 7.44% | 20.13% |
PRBLX Parnassus Core Equity Fund | 0.37% | 0.57% | 0.49% | 0.83% | 0.57% | 0.73% | 1.14% | 1.30% | 1.02% | 2.17% | 1.46% | 1.32% |
Drawdowns
FLCEX vs. PRBLX - Drawdown Comparison
Volatility
FLCEX vs. PRBLX - Volatility Comparison
The current volatility for Fidelity Large Cap Core Enhanced Index Fund (FLCEX) is 0.00%, while Parnassus Core Equity Fund (PRBLX) has a volatility of 4.07%. This indicates that FLCEX experiences smaller price fluctuations and is considered to be less risky than PRBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.