PRBLX vs. PRCOX
Compare and contrast key facts about Parnassus Core Equity Fund (PRBLX) and T. Rowe Price U.S. Equity Research Fund (PRCOX).
PRBLX is managed by Parnassus. It was launched on Aug 31, 1992. PRCOX is managed by T. Rowe Price. It was launched on Nov 30, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRBLX or PRCOX.
Correlation
The correlation between PRBLX and PRCOX 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
PRBLX vs. PRCOX - Performance Comparison
Key characteristics
PRBLX:
0.76
PRCOX:
2.22
PRBLX:
1.00
PRCOX:
2.93
PRBLX:
1.16
PRCOX:
1.40
PRBLX:
0.71
PRCOX:
3.31
PRBLX:
2.73
PRCOX:
13.66
PRBLX:
4.19%
PRCOX:
2.15%
PRBLX:
14.98%
PRCOX:
13.27%
PRBLX:
-45.76%
PRCOX:
-58.69%
PRBLX:
-10.57%
PRCOX:
-1.91%
Returns By Period
In the year-to-date period, PRBLX achieves a 2.18% return, which is significantly higher than PRCOX's 2.05% return. Over the past 10 years, PRBLX has underperformed PRCOX with an annualized return of 5.18%, while PRCOX has yielded a comparatively higher 11.23% annualized return.
PRBLX
2.18%
1.98%
-2.11%
10.24%
5.31%
5.18%
PRCOX
2.05%
2.30%
9.82%
28.24%
14.25%
11.23%
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PRBLX vs. PRCOX - Expense Ratio Comparison
PRBLX has a 0.82% expense ratio, which is higher than PRCOX's 0.42% expense ratio.
Risk-Adjusted Performance
PRBLX vs. PRCOX — Risk-Adjusted Performance Rank
PRBLX
PRCOX
PRBLX vs. PRCOX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Equity Fund (PRBLX) and T. Rowe Price U.S. Equity Research Fund (PRCOX). 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
PRBLX vs. PRCOX - Dividend Comparison
PRBLX's dividend yield for the trailing twelve months is around 0.37%, less than PRCOX's 0.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRBLX Parnassus Core Equity Fund | 0.37% | 0.38% | 0.57% | 0.49% | 0.83% | 0.57% | 0.73% | 1.14% | 1.30% | 1.02% | 2.17% | 1.46% |
PRCOX T. Rowe Price U.S. Equity Research Fund | 0.63% | 0.64% | 1.17% | 0.88% | 0.69% | 0.87% | 0.55% | 1.23% | 1.07% | 1.24% | 1.64% | 1.12% |
Drawdowns
PRBLX vs. PRCOX - Drawdown Comparison
The maximum PRBLX drawdown since its inception was -45.76%, smaller than the maximum PRCOX drawdown of -58.69%. Use the drawdown chart below to compare losses from any high point for PRBLX and PRCOX. For additional features, visit the drawdowns tool.
Volatility
PRBLX vs. PRCOX - Volatility Comparison
The current volatility for Parnassus Core Equity Fund (PRBLX) is 4.70%, while T. Rowe Price U.S. Equity Research Fund (PRCOX) has a volatility of 5.15%. This indicates that PRBLX experiences smaller price fluctuations and is considered to be less risky than PRCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.