IGAAX vs. PRBLX
Compare and contrast key facts about American Funds International Growth and Income Fund Class A (IGAAX) and Parnassus Core Equity Fund (PRBLX).
IGAAX is managed by American Funds. It was launched on Oct 1, 2008. 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: IGAAX or PRBLX.
Correlation
The correlation between IGAAX and PRBLX is 0.75, 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.
Performance
IGAAX vs. PRBLX - Performance Comparison
Key characteristics
IGAAX:
0.92
PRBLX:
0.65
IGAAX:
1.32
PRBLX:
0.87
IGAAX:
1.17
PRBLX:
1.14
IGAAX:
0.98
PRBLX:
0.70
IGAAX:
2.79
PRBLX:
2.00
IGAAX:
3.92%
PRBLX:
4.86%
IGAAX:
11.89%
PRBLX:
14.90%
IGAAX:
-35.79%
PRBLX:
-45.76%
IGAAX:
-2.18%
PRBLX:
-8.97%
Returns By Period
In the year-to-date period, IGAAX achieves a 7.16% return, which is significantly higher than PRBLX's 4.01% return. Over the past 10 years, IGAAX has underperformed PRBLX with an annualized return of 4.07%, while PRBLX has yielded a comparatively higher 5.24% annualized return.
IGAAX
7.16%
5.69%
2.28%
8.83%
3.99%
4.07%
PRBLX
4.01%
1.79%
-1.53%
8.71%
5.33%
5.24%
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IGAAX vs. PRBLX - Expense Ratio Comparison
IGAAX has a 0.91% expense ratio, which is higher than PRBLX's 0.82% expense ratio.
Risk-Adjusted Performance
IGAAX vs. PRBLX — Risk-Adjusted Performance Rank
IGAAX
PRBLX
IGAAX vs. PRBLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds International Growth and Income Fund Class A (IGAAX) 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
IGAAX vs. PRBLX - Dividend Comparison
IGAAX's dividend yield for the trailing twelve months is around 2.45%, more than PRBLX's 0.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGAAX American Funds International Growth and Income Fund Class A | 2.45% | 2.62% | 2.29% | 2.84% | 2.52% | 1.37% | 2.40% | 2.81% | 1.85% | 2.35% | 3.25% | 7.19% |
PRBLX Parnassus Core Equity Fund | 0.37% | 0.38% | 0.57% | 0.49% | 0.83% | 0.57% | 0.73% | 1.14% | 1.30% | 1.02% | 2.17% | 1.46% |
Drawdowns
IGAAX vs. PRBLX - Drawdown Comparison
The maximum IGAAX drawdown since its inception was -35.79%, smaller than the maximum PRBLX drawdown of -45.76%. Use the drawdown chart below to compare losses from any high point for IGAAX and PRBLX. For additional features, visit the drawdowns tool.
Volatility
IGAAX vs. PRBLX - Volatility Comparison
American Funds International Growth and Income Fund Class A (IGAAX) and Parnassus Core Equity Fund (PRBLX) have volatilities of 3.13% and 3.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.