PortfoliosLab logo
PARWX vs. PRWAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PARWX and PRWAX is 0.89, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Parnassus Endeavor Fund (PARWX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

PARWX:

-0.10

PRWAX:

0.14

Sortino Ratio

PARWX:

0.02

PRWAX:

0.31

Omega Ratio

PARWX:

1.00

PRWAX:

1.05

Calmar Ratio

PARWX:

-0.06

PRWAX:

0.10

Martin Ratio

PARWX:

-0.18

PRWAX:

0.30

Ulcer Index

PARWX:

8.22%

PRWAX:

8.94%

Daily Std Dev

PARWX:

18.87%

PRWAX:

20.77%

Max Drawdown

PARWX:

-47.76%

PRWAX:

-70.45%

Current Drawdown

PARWX:

-11.50%

PRWAX:

-12.92%

Returns By Period

In the year-to-date period, PARWX achieves a -0.13% return, which is significantly lower than PRWAX's 1.05% return. Over the past 10 years, PARWX has outperformed PRWAX with an annualized return of 6.79%, while PRWAX has yielded a comparatively lower 5.12% annualized return.


PARWX

YTD

-0.13%

1M

8.42%

6M

-9.47%

1Y

-1.83%

5Y*

12.49%

10Y*

6.79%

PRWAX

YTD

1.05%

1M

10.09%

6M

-9.07%

1Y

2.89%

5Y*

6.29%

10Y*

5.12%

*Annualized

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

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

PARWX
The Risk-Adjusted Performance Rank of PARWX is 1313
Overall Rank
The Sharpe Ratio Rank of PARWX is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of PARWX is 1313
Sortino Ratio Rank
The Omega Ratio Rank of PARWX is 1313
Omega Ratio Rank
The Calmar Ratio Rank of PARWX is 1212
Calmar Ratio Rank
The Martin Ratio Rank of PARWX is 1313
Martin Ratio Rank

PRWAX
The Risk-Adjusted Performance Rank of PRWAX is 2626
Overall Rank
The Sharpe Ratio Rank of PRWAX is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of PRWAX is 2525
Sortino Ratio Rank
The Omega Ratio Rank of PRWAX is 2626
Omega Ratio Rank
The Calmar Ratio Rank of PRWAX is 2626
Calmar Ratio Rank
The Martin Ratio Rank of PRWAX is 2424
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. 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.


The current PARWX Sharpe Ratio is -0.10, which is lower than the PRWAX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of PARWX and PRWAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

PARWX vs. PRWAX - Dividend Comparison

PARWX's dividend yield for the trailing twelve months is around 1.07%, more than PRWAX's 0.07% yield.


TTM20242023202220212020201920182017201620152014
PARWX
Parnassus Endeavor Fund
1.07%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 -47.76%, 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.


Loading data...

Volatility

PARWX vs. PRWAX - Volatility Comparison

Parnassus Endeavor Fund (PARWX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX) have volatilities of 5.70% and 5.54%, 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.


Loading data...