PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PARWX vs. BPTRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PARWX vs. BPTRX - Performance Comparison

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

0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
5.95%
26.09%
PARWX
BPTRX

Returns By Period

In the year-to-date period, PARWX achieves a 13.87% return, which is significantly higher than BPTRX's 12.79% return. Over the past 10 years, PARWX has underperformed BPTRX with an annualized return of 7.95%, while BPTRX has yielded a comparatively higher 17.39% annualized return.


PARWX

YTD

13.87%

1M

-1.03%

6M

5.95%

1Y

23.50%

5Y (annualized)

10.75%

10Y (annualized)

7.95%

BPTRX

YTD

12.79%

1M

13.95%

6M

25.59%

1Y

22.33%

5Y (annualized)

22.63%

10Y (annualized)

17.39%

Key characteristics


PARWXBPTRX
Sharpe Ratio1.980.78
Sortino Ratio2.731.31
Omega Ratio1.351.16
Calmar Ratio1.050.49
Martin Ratio9.312.12
Ulcer Index2.51%9.80%
Daily Std Dev11.79%26.54%
Max Drawdown-48.96%-68.06%
Current Drawdown-3.59%-20.58%

Compare stocks, funds, or ETFs

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


PARWX vs. BPTRX - Expense Ratio Comparison

PARWX has a 0.88% expense ratio, which is lower than BPTRX's 1.36% expense ratio.


BPTRX
Baron Partners Fund
Expense ratio chart for BPTRX: current value at 1.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.36%
Expense ratio chart for PARWX: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%

Correlation

-0.50.00.51.00.8

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.

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.


Sharpe ratio
The chart of Sharpe ratio for PARWX, currently valued at 1.98, compared to the broader market0.002.004.001.980.78
The chart of Sortino ratio for PARWX, currently valued at 2.73, compared to the broader market0.005.0010.002.731.31
The chart of Omega ratio for PARWX, currently valued at 1.35, compared to the broader market1.002.003.004.001.351.16
The chart of Calmar ratio for PARWX, currently valued at 1.05, compared to the broader market0.005.0010.0015.0020.0025.001.050.49
The chart of Martin ratio for PARWX, currently valued at 9.31, compared to the broader market0.0020.0040.0060.0080.00100.009.312.12
PARWX
BPTRX

The current PARWX Sharpe Ratio is 1.98, which is higher than the BPTRX Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of PARWX and BPTRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.98
0.78
PARWX
BPTRX

Dividends

PARWX vs. BPTRX - Dividend Comparison

PARWX's dividend yield for the trailing twelve months is around 1.05%, while BPTRX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
PARWX
Parnassus Endeavor Fund
1.05%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.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.59%
-20.58%
PARWX
BPTRX

Volatility

PARWX vs. BPTRX - Volatility Comparison

The current volatility for Parnassus Endeavor Fund (PARWX) is 3.49%, while Baron Partners Fund (BPTRX) has a volatility of 13.69%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
3.49%
13.69%
PARWX
BPTRX