PARWX vs. PRWAX
Compare and contrast key facts about Parnassus Endeavor Fund (PARWX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX).
PARWX is managed by Parnassus. It was launched on Apr 29, 2005. PRWAX is managed by T. Rowe Price. It was launched on Sep 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PARWX or PRWAX.
Correlation
The correlation between PARWX and PRWAX is 0.85, 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. PRWAX - Performance Comparison
Key characteristics
PARWX:
-0.47
PRWAX:
-0.23
PARWX:
-0.54
PRWAX:
-0.18
PARWX:
0.92
PRWAX:
0.97
PARWX:
-0.37
PRWAX:
-0.18
PARWX:
-1.24
PRWAX:
-0.61
PARWX:
6.98%
PRWAX:
7.84%
PARWX:
18.23%
PRWAX:
20.36%
PARWX:
-48.96%
PRWAX:
-70.45%
PARWX:
-19.29%
PRWAX:
-21.62%
Returns By Period
The year-to-date returns for both stocks are quite close, with PARWX having a -8.92% return and PRWAX slightly lower at -9.05%. Over the past 10 years, PARWX has outperformed PRWAX with an annualized return of 5.98%, while PRWAX has yielded a comparatively lower 4.17% annualized return.
PARWX
-8.92%
-8.61%
-16.78%
-8.16%
10.08%
5.98%
PRWAX
-9.05%
-5.75%
-16.05%
-4.74%
4.72%
4.17%
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. PRWAX - Expense Ratio Comparison
PARWX has a 0.88% expense ratio, which is higher than PRWAX's 0.76% expense ratio.
Risk-Adjusted Performance
PARWX vs. PRWAX — Risk-Adjusted Performance Rank
PARWX
PRWAX
PARWX vs. PRWAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Endeavor Fund (PARWX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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. PRWAX - Dividend Comparison
PARWX's dividend yield for the trailing twelve months is around 1.17%, more than PRWAX's 0.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PARWX Parnassus Endeavor Fund | 1.17% | 1.07% | 1.20% | 1.19% | 1.80% | 0.70% | 0.79% | 1.80% | 2.08% | 0.98% | 3.11% | 1.71% |
PRWAX T. Rowe Price All-Cap Opportunities Fund | 0.07% | 0.07% | 0.20% | 0.00% | 0.00% | 0.03% | 0.40% | 0.23% | 0.17% | 0.05% | 0.00% | 0.00% |
Drawdowns
PARWX vs. PRWAX - Drawdown Comparison
The maximum PARWX drawdown since its inception was -48.96%, smaller than the maximum PRWAX drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for PARWX and PRWAX. For additional features, visit the drawdowns tool.
Volatility
PARWX vs. PRWAX - Volatility Comparison
Parnassus Endeavor Fund (PARWX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX) have volatilities of 12.32% and 12.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.