PARWX vs. BPTRX
Compare and contrast key facts about Parnassus Endeavor Fund (PARWX) and Baron Partners Fund (BPTRX).
PARWX is managed by Parnassus. It was launched on Apr 29, 2005. BPTRX is managed by Baron Capital Group, Inc.. It was launched on Apr 30, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PARWX or BPTRX.
Key characteristics
| PARWX | BPTRX | |
|---|---|---|
| YTD Return | 16.30% | 13.60% |
| 1Y Return | 30.74% | 32.78% |
| 3Y Return (Ann) | -0.33% | -4.08% |
| 5Y Return (Ann) | 11.04% | 23.72% |
| 10Y Return (Ann) | 8.39% | 17.41% |
| Sharpe Ratio | 2.50 | 1.10 |
| Sortino Ratio | 3.42 | 1.73 |
| Omega Ratio | 1.45 | 1.21 |
| Calmar Ratio | 1.21 | 0.69 |
| Martin Ratio | 11.92 | 2.99 |
| Ulcer Index | 2.51% | 9.79% |
| Daily Std Dev | 11.93% | 26.49% |
| Max Drawdown | -48.96% | -68.06% |
| Current Drawdown | -1.53% | -20.01% |
Correlation
The correlation between PARWX and BPTRX is 0.76, 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
PARWX vs. BPTRX - Performance Comparison
In the year-to-date period, PARWX achieves a 16.30% return, which is significantly higher than BPTRX's 13.60% return. Over the past 10 years, PARWX has underperformed BPTRX with an annualized return of 8.39%, while BPTRX has yielded a comparatively higher 17.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PARWX vs. BPTRX - Expense Ratio Comparison
PARWX has a 0.88% expense ratio, which is lower than BPTRX's 1.36% expense ratio.
Risk-Adjusted Performance
PARWX vs. BPTRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Endeavor Fund (PARWX) and Baron Partners Fund (BPTRX). 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
PARWX vs. BPTRX - Dividend Comparison
PARWX's dividend yield for the trailing twelve months is around 1.03%, while BPTRX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PARWX Parnassus Endeavor Fund | 1.03% | 1.20% | 1.19% | 1.80% | 0.70% | 0.79% | 1.80% | 2.08% | 0.98% | 3.11% | 1.71% | 1.85% |
BPTRX Baron Partners Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.35% | 0.00% | 0.00% |
Drawdowns
PARWX vs. BPTRX - Drawdown Comparison
The maximum PARWX drawdown since its inception was -48.96%, smaller than the maximum BPTRX drawdown of -68.06%. Use the drawdown chart below to compare losses from any high point for PARWX and BPTRX. For additional features, visit the drawdowns tool.
Volatility
PARWX vs. BPTRX - Volatility Comparison
The current volatility for Parnassus Endeavor Fund (PARWX) is 3.33%, while Baron Partners Fund (BPTRX) has a volatility of 12.69%. This indicates that PARWX experiences smaller price fluctuations and is considered to be less risky than BPTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.