PARWX vs. AVERX

Last updated Apr 2, 2026

Compare and contrast key facts about Parnassus Endeavor Fund (PARWX) and Ave Maria Value Focused Fund (AVERX).

PARWX is managed by Parnassus. It was launched on Apr 29, 2005. AVERX is a passively managed fund by Schwartz Investment Counsel that tracks the performance of the S&P 500® Index. It was launched on Jan 1, 1984.

Performance

PARWX vs. AVERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Parnassus Endeavor Fund (PARWX) and Ave Maria Value Focused Fund (AVERX). The values are adjusted to include any dividend payments, if applicable.

PARWX vs. AVERX - Yearly Performance Comparison

	2026 (YTD)	2025
PARWX Parnassus Endeavor Fund	-1.56%	27.01%
AVERX Ave Maria Value Focused Fund	19.97%	0.37%

Returns By Period

In the year-to-date period, PARWX achieves a -1.56% return, which is significantly lower than AVERX's 19.97% return.

PARWX

• 1D: 2.57%
• 1M: -5.65%
• YTD: -1.56%
• 6M: 2.76%
• 1Y: 19.46%
• 3Y*: 13.74%
• 5Y*: 7.23%
• 10Y*: 13.56%

AVERX

• 1D: 1.67%
• 1M: -6.66%
• YTD: 19.97%
• 6M: 18.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PARWX vs. AVERX - Expense Ratio Comparison

PARWX has a 0.88% expense ratio, which is lower than AVERX's 1.26% expense ratio.

AVERX

Ave Maria Value Focused Fund

PARWX

Parnassus Endeavor Fund

Return for Risk

PARWX vs. AVERX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PARWX

PARWX Risk / Return Rank: 63
PARWX Sharpe Ratio Rank: 61
PARWX Sortino Ratio Rank: 63
PARWX Omega Ratio Rank: 62
PARWX Calmar Ratio Rank: 61
PARWX Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PARWX vs. AVERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Parnassus Endeavor Fund (PARWX) and Ave Maria Value Focused Fund (AVERX). 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.

	PARWX	AVERX	Difference
Sharpe ratio Return per unit of total volatility	1.14	—	—
Sortino ratio Return per unit of downside risk	1.67	—	—
Omega ratio Gain probability vs. loss probability	1.25	—	—
Calmar ratio Return relative to maximum drawdown	1.50	—	—
Martin ratio Return relative to average drawdown	6.63	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PARWX	AVERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	1.17	-0.60

Correlation

The correlation between PARWX and AVERX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PARWX vs. AVERX - Dividend Comparison

PARWX's dividend yield for the trailing twelve months is around 12.34%, more than AVERX's 0.34% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PARWX Parnassus Endeavor Fund	12.34%	12.14%	8.25%	1.76%	2.97%	16.75%	0.70%	0.79%	12.34%	6.32%	3.27%	10.26%
AVERX Ave Maria Value Focused Fund	0.34%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

PARWX vs. AVERX - Drawdown Comparison

The maximum PARWX drawdown since its inception was -47.76%, which is greater than AVERX's maximum drawdown of -11.33%. Use the drawdown chart below to compare losses from any high point for PARWX and AVERX.

Drawdown Indicators

	PARWX	AVERX	Difference
Max Drawdown Largest peak-to-trough decline	-47.76%	-11.33%	-36.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.20%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.27%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.21%	—	—
Current Drawdown Current decline from peak	-6.59%	-6.66%	+0.07%
Average Drawdown Average peak-to-trough decline	-6.93%	-5.39%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	—	—

Volatility

Volatility by Period

	PARWX	AVERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.34%	19.13%	-1.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.76%	19.13%	-0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.06%	19.13%	+1.93%