PARNX vs. IUSG

In the year-to-date period, PARNX achieves a -3.84% return, which is significantly lower than IUSG's 0.31% return. Over the past 10 years, PARNX has underperformed IUSG with an annualized return of 2.07%, while IUSG has yielded a comparatively higher 14.14% annualized return.

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

PARNX has a 0.80% expense ratio, which is higher than IUSG's 0.04% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Parnassus Mid Cap Growth Fund (PARNX) and iShares Core S&P U.S. Growth ETF (IUSG). 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 PARNX Sharpe Ratio is -0.25, which is lower than the IUSG Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of PARNX and IUSG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

PARNX has not paid dividends to shareholders, while IUSG's dividend yield for the trailing twelve months is around 0.59%.

The maximum PARNX drawdown since its inception was -71.21%, which is greater than IUSG's maximum drawdown of -63.35%. Use the drawdown chart below to compare losses from any high point for PARNX and IUSG. For additional features, visit the drawdowns tool.

Parnassus Mid Cap Growth Fund (PARNX) has a higher volatility of 7.35% compared to iShares Core S&P U.S. Growth ETF (IUSG) at 5.77%. This indicates that PARNX's price experiences larger fluctuations and is considered to be riskier than IUSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.