NOSIX vs. PRBLX
Compare and contrast key facts about Northern Stock Index Fund (NOSIX) and Parnassus Core Equity Fund (PRBLX).
NOSIX is managed by Northern Funds. It was launched on Oct 7, 1996. 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: NOSIX or PRBLX.
Correlation
The correlation between NOSIX and PRBLX is 0.92, 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
NOSIX vs. PRBLX - Performance Comparison
Key characteristics
NOSIX:
1.88
PRBLX:
0.63
NOSIX:
2.53
PRBLX:
0.85
NOSIX:
1.34
PRBLX:
1.14
NOSIX:
2.89
PRBLX:
0.55
NOSIX:
11.30
PRBLX:
2.29
NOSIX:
2.16%
PRBLX:
4.09%
NOSIX:
12.95%
PRBLX:
14.95%
NOSIX:
-55.42%
PRBLX:
-45.76%
NOSIX:
-3.46%
PRBLX:
-11.77%
Returns By Period
In the year-to-date period, NOSIX achieves a 1.21% return, which is significantly higher than PRBLX's 0.94% return. Over the past 10 years, NOSIX has outperformed PRBLX with an annualized return of 11.23%, while PRBLX has yielded a comparatively lower 5.08% annualized return.
NOSIX
1.21%
-3.23%
5.75%
24.84%
11.29%
11.23%
PRBLX
0.94%
-2.69%
-4.77%
9.58%
5.03%
5.08%
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NOSIX vs. PRBLX - Expense Ratio Comparison
NOSIX has a 0.05% expense ratio, which is lower than PRBLX's 0.82% expense ratio.
Risk-Adjusted Performance
NOSIX vs. PRBLX — Risk-Adjusted Performance Rank
NOSIX
PRBLX
NOSIX vs. PRBLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Stock Index Fund (NOSIX) 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
NOSIX vs. PRBLX - Dividend Comparison
NOSIX's dividend yield for the trailing twelve months is around 1.25%, more than PRBLX's 0.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOSIX Northern Stock Index Fund | 1.25% | 1.27% | 1.56% | 1.68% | 1.15% | 1.53% | 1.70% | 2.09% | 1.73% | 2.06% | 1.99% | 1.77% |
PRBLX Parnassus Core Equity Fund | 0.26% | 0.26% | 0.57% | 0.49% | 0.83% | 0.57% | 0.73% | 1.14% | 1.30% | 1.02% | 2.17% | 1.46% |
Drawdowns
NOSIX vs. PRBLX - Drawdown Comparison
The maximum NOSIX drawdown since its inception was -55.42%, which is greater than PRBLX's maximum drawdown of -45.76%. Use the drawdown chart below to compare losses from any high point for NOSIX and PRBLX. For additional features, visit the drawdowns tool.
Volatility
NOSIX vs. PRBLX - Volatility Comparison
Northern Stock Index Fund (NOSIX) has a higher volatility of 5.14% compared to Parnassus Core Equity Fund (PRBLX) at 4.57%. This indicates that NOSIX's price experiences larger fluctuations and is considered to be riskier than PRBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.