PARMX vs. PARNX

In the year-to-date period, PARMX achieves a 2.97% return, which is significantly higher than PARNX's -1.23% return. Over the past 10 years, PARMX has underperformed PARNX with an annualized return of 3.78%, while PARNX has yielded a comparatively higher 7.41% annualized return.

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PARMX has a 0.96% expense ratio, which is higher than PARNX's 0.80% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Parnassus Mid Cap Fund (PARMX) and Parnassus Mid Cap Growth Fund (PARNX). 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.

The current PARMX Sharpe Ratio is -0.04, which is lower than the PARNX Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of PARMX and PARNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

PARMX's dividend yield for the trailing twelve months is around 0.20%, while PARNX has not paid dividends to shareholders.

The maximum PARMX drawdown since its inception was -51.40%, smaller than the maximum PARNX drawdown of -54.33%. Use the drawdown chart below to compare losses from any high point for PARMX and PARNX. For additional features, visit the drawdowns tool.

The current volatility for Parnassus Mid Cap Fund (PARMX) is 5.26%, while Parnassus Mid Cap Growth Fund (PARNX) has a volatility of 7.42%. This indicates that PARMX experiences smaller price fluctuations and is considered to be less risky than PARNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.