PARMX vs. SCHM

In the year-to-date period, PARMX achieves a 2.97% return, which is significantly higher than SCHM's -0.04% return. Over the past 10 years, PARMX has underperformed SCHM with an annualized return of 3.78%, while SCHM has yielded a comparatively higher 9.65% annualized return.

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

PARMX has a 0.96% expense ratio, which is higher than SCHM's 0.04% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Parnassus Mid Cap Fund (PARMX) and Schwab US Mid-Cap ETF (SCHM). 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 SCHM Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of PARMX and SCHM, 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%, less than SCHM's 1.41% yield.

The maximum PARMX drawdown since its inception was -51.40%, which is greater than SCHM's maximum drawdown of -42.43%. Use the drawdown chart below to compare losses from any high point for PARMX and SCHM. For additional features, visit the drawdowns tool.

Parnassus Mid Cap Fund (PARMX) and Schwab US Mid-Cap ETF (SCHM) have volatilities of 5.26% and 5.29%, 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.