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
Key characteristics
PARWX:
0.58
VOO:
1.93
PARWX:
0.81
VOO:
2.58
PARWX:
1.12
VOO:
1.35
PARWX:
0.53
VOO:
2.94
PARWX:
1.79
VOO:
12.34
PARWX:
4.34%
VOO:
2.01%
PARWX:
13.44%
VOO:
12.90%
PARWX:
-48.96%
VOO:
-33.99%
PARWX:
-7.09%
VOO:
-0.78%
Returns By Period
In the year-to-date period, PARWX achieves a 4.84% return, which is significantly higher than VOO's 3.25% return. Over the past 10 years, PARWX has underperformed VOO with an annualized return of 8.01%, while VOO has yielded a comparatively higher 13.68% annualized return.
PARWX
4.84%
4.84%
1.48%
8.87%
9.17%
8.01%
VOO
3.25%
3.25%
12.18%
26.99%
15.30%
13.68%
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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.
Dividends
PARWX vs. VOO - Dividend Comparison
PARWX's dividend yield for the trailing twelve months is around 1.02%, less than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PARWX Parnassus Endeavor Fund | 1.02% | 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 | 1.21% | 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 -48.96%, 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.
Volatility
PARWX vs. VOO - Volatility Comparison
The current volatility for Parnassus Endeavor Fund (PARWX) is 3.61%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.09%. 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.