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

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.


-0.50.00.51.00.9

Performance

PARWX vs. VOO - Performance Comparison

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

200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
250.67%
602.93%
PARWX
VOO

Key characteristics

Sharpe Ratio

PARWX:

0.50

VOO:

2.25

Sortino Ratio

PARWX:

0.71

VOO:

2.98

Omega Ratio

PARWX:

1.10

VOO:

1.42

Calmar Ratio

PARWX:

0.40

VOO:

3.31

Martin Ratio

PARWX:

2.14

VOO:

14.77

Ulcer Index

PARWX:

3.11%

VOO:

1.90%

Daily Std Dev

PARWX:

13.25%

VOO:

12.46%

Max Drawdown

PARWX:

-48.96%

VOO:

-33.99%

Current Drawdown

PARWX:

-12.04%

VOO:

-2.47%

Returns By Period

In the year-to-date period, PARWX achieves a 4.12% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, PARWX has underperformed VOO with an annualized return of 7.19%, while VOO has yielded a comparatively higher 13.08% annualized return.


PARWX

YTD

4.12%

1M

-8.80%

6M

-1.66%

1Y

5.07%

5Y*

7.49%

10Y*

7.19%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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. VOO - Expense Ratio Comparison

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


PARWX
Parnassus Endeavor Fund
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 VOO: 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. 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.


Sharpe ratio
The chart of Sharpe ratio for PARWX, currently valued at 0.50, compared to the broader market-1.000.001.002.003.004.000.502.25
The chart of Sortino ratio for PARWX, currently valued at 0.71, compared to the broader market-2.000.002.004.006.008.0010.000.712.98
The chart of Omega ratio for PARWX, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.003.501.101.42
The chart of Calmar ratio for PARWX, currently valued at 0.40, compared to the broader market0.002.004.006.008.0010.0012.0014.000.403.31
The chart of Martin ratio for PARWX, currently valued at 2.14, compared to the broader market0.0020.0040.0060.002.1414.77
PARWX
VOO

The current PARWX Sharpe Ratio is 0.50, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of PARWX and VOO, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.50
2.25
PARWX
VOO

Dividends

PARWX vs. VOO - Dividend Comparison

PARWX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.


TTM20232022202120202019201820172016201520142013
PARWX
Parnassus Endeavor Fund
0.00%1.20%1.19%1.80%0.70%0.79%1.80%2.08%0.98%3.11%1.71%1.85%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.04%
-2.47%
PARWX
VOO

Volatility

PARWX vs. VOO - Volatility Comparison

Parnassus Endeavor Fund (PARWX) has a higher volatility of 7.20% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that PARWX's price experiences larger fluctuations and is considered to be riskier than VOO 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%JulyAugustSeptemberOctoberNovemberDecember
7.20%
3.75%
PARWX
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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