PARWX vs. VOO
Compare and contrast key facts about Parnassus Endeavor Fund (PARWX) and Vanguard S&P 500 ETF (VOO).
PARWX is managed by Parnassus. It was launched on Apr 29, 2005. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PARWX or VOO.
Correlation
The correlation between PARWX and VOO 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.
Performance
PARWX vs. VOO - Performance Comparison
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Key characteristics
PARWX:
-0.11
VOO:
0.70
PARWX:
0.06
VOO:
1.15
PARWX:
1.01
VOO:
1.17
PARWX:
-0.04
VOO:
0.76
PARWX:
-0.11
VOO:
2.93
PARWX:
8.19%
VOO:
4.86%
PARWX:
18.94%
VOO:
19.43%
PARWX:
-47.76%
VOO:
-33.99%
PARWX:
-11.50%
VOO:
-4.59%
Returns By Period
In the year-to-date period, PARWX achieves a -0.13% return, which is significantly higher than VOO's -0.19% return. Over the past 10 years, PARWX has underperformed VOO with an annualized return of 6.79%, while VOO has yielded a comparatively higher 12.67% annualized return.
PARWX
-0.13%
8.42%
-10.25%
-2.01%
13.24%
6.79%
VOO
-0.19%
9.25%
-1.98%
13.44%
17.53%
12.67%
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PARWX vs. VOO - Expense Ratio Comparison
PARWX has a 0.88% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PARWX vs. VOO — Risk-Adjusted Performance Rank
PARWX
VOO
PARWX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Endeavor Fund (PARWX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
PARWX vs. VOO - Dividend Comparison
PARWX's dividend yield for the trailing twelve months is around 1.07%, less than VOO's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VOO Vanguard S&P 500 ETF | 1.30% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PARWX vs. VOO - Drawdown Comparison
The maximum PARWX drawdown since its inception was -47.76%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PARWX and VOO. For additional features, visit the drawdowns tool.
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Volatility
PARWX vs. VOO - Volatility Comparison
The current volatility for Parnassus Endeavor Fund (PARWX) is 5.97%, while Vanguard S&P 500 ETF (VOO) has a volatility of 6.36%. This indicates that PARWX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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