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PARWX vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PARWX and IVV is 0.88, 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.


-0.50.00.51.00.9

Performance

PARWX vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Parnassus Endeavor Fund (PARWX) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

350.00%400.00%450.00%500.00%550.00%600.00%650.00%700.00%SeptemberOctoberNovemberDecember2025February
384.42%
651.01%
PARWX
IVV

Key characteristics

Sharpe Ratio

PARWX:

0.35

IVV:

1.47

Sortino Ratio

PARWX:

0.52

IVV:

2.00

Omega Ratio

PARWX:

1.07

IVV:

1.27

Calmar Ratio

PARWX:

0.36

IVV:

2.24

Martin Ratio

PARWX:

0.95

IVV:

9.04

Ulcer Index

PARWX:

4.89%

IVV:

2.08%

Daily Std Dev

PARWX:

13.39%

IVV:

12.83%

Max Drawdown

PARWX:

-48.96%

IVV:

-55.25%

Current Drawdown

PARWX:

-8.58%

IVV:

-3.05%

Returns By Period

In the year-to-date period, PARWX achieves a 3.16% return, which is significantly higher than IVV's 1.42% return. Over the past 10 years, PARWX has underperformed IVV with an annualized return of 7.32%, while IVV has yielded a comparatively higher 13.00% annualized return.


PARWX

YTD

3.16%

1M

-1.60%

6M

-2.44%

1Y

3.76%

5Y*

9.51%

10Y*

7.32%

IVV

YTD

1.42%

1M

-1.79%

6M

6.13%

1Y

17.42%

5Y*

15.82%

10Y*

13.00%

*Annualized

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PARWX vs. IVV - Expense Ratio Comparison

PARWX has a 0.88% expense ratio, which is higher than IVV's 0.03% expense ratio.


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%
Expense ratio chart for IVV: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

PARWX vs. IVV — Risk-Adjusted Performance Rank

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

PARWX
The Risk-Adjusted Performance Rank of PARWX is 2525
Overall Rank
The Sharpe Ratio Rank of PARWX is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of PARWX is 2323
Sortino Ratio Rank
The Omega Ratio Rank of PARWX is 2424
Omega Ratio Rank
The Calmar Ratio Rank of PARWX is 3434
Calmar Ratio Rank
The Martin Ratio Rank of PARWX is 2323
Martin Ratio Rank

IVV
The Risk-Adjusted Performance Rank of IVV is 7474
Overall Rank
The Sharpe Ratio Rank of IVV is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of IVV is 6969
Sortino Ratio Rank
The Omega Ratio Rank of IVV is 7171
Omega Ratio Rank
The Calmar Ratio Rank of IVV is 7777
Calmar Ratio Rank
The Martin Ratio Rank of IVV is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PARWX vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Parnassus Endeavor Fund (PARWX) and iShares Core S&P 500 ETF (IVV). 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 chart of Sharpe ratio for PARWX, currently valued at 0.35, compared to the broader market-1.000.001.002.003.004.000.351.47
The chart of Sortino ratio for PARWX, currently valued at 0.52, compared to the broader market0.002.004.006.008.0010.000.522.00
The chart of Omega ratio for PARWX, currently valued at 1.07, compared to the broader market1.002.003.001.071.27
The chart of Calmar ratio for PARWX, currently valued at 0.36, compared to the broader market0.005.0010.0015.000.362.24
The chart of Martin ratio for PARWX, currently valued at 0.95, compared to the broader market0.0020.0040.0060.0080.000.959.04
PARWX
IVV

The current PARWX Sharpe Ratio is 0.35, which is lower than the IVV Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of PARWX and IVV, 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 Ratio0.001.002.003.004.00SeptemberOctoberNovemberDecember2025February
0.35
1.47
PARWX
IVV

Dividends

PARWX vs. IVV - Dividend Comparison

PARWX's dividend yield for the trailing twelve months is around 1.04%, less than IVV's 1.28% yield.


TTM20242023202220212020201920182017201620152014
PARWX
Parnassus Endeavor Fund
1.04%1.07%1.20%1.19%1.80%0.70%0.79%1.80%2.08%0.98%3.11%1.71%
IVV
iShares Core S&P 500 ETF
1.28%1.30%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%

Drawdowns

PARWX vs. IVV - Drawdown Comparison

The maximum PARWX drawdown since its inception was -48.96%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PARWX and IVV. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025February
-8.58%
-3.05%
PARWX
IVV

Volatility

PARWX vs. IVV - Volatility Comparison

The current volatility for Parnassus Endeavor Fund (PARWX) is 3.32%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.69%. This indicates that PARWX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%SeptemberOctoberNovemberDecember2025February
3.32%
3.69%
PARWX
IVV