PRBLX vs. PRDGX
Compare and contrast key facts about Parnassus Core Equity Fund (PRBLX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX).
PRBLX is managed by Parnassus. It was launched on Aug 31, 1992. PRDGX is managed by T. Rowe Price. It was launched on Dec 30, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRBLX or PRDGX.
Performance
PRBLX vs. PRDGX - Performance Comparison
Returns By Period
In the year-to-date period, PRBLX achieves a 21.02% return, which is significantly higher than PRDGX's 17.66% return. Over the past 10 years, PRBLX has underperformed PRDGX with an annualized return of 5.87%, while PRDGX has yielded a comparatively higher 11.84% annualized return.
PRBLX
21.02%
1.22%
11.18%
26.54%
8.55%
5.87%
PRDGX
17.66%
0.69%
8.55%
22.83%
12.33%
11.84%
Key characteristics
| PRBLX | PRDGX | |
|---|---|---|
| Sharpe Ratio | 2.23 | 2.43 |
| Sortino Ratio | 3.02 | 3.40 |
| Omega Ratio | 1.41 | 1.44 |
| Calmar Ratio | 1.31 | 4.63 |
| Martin Ratio | 14.40 | 16.38 |
| Ulcer Index | 1.87% | 1.43% |
| Daily Std Dev | 12.08% | 9.62% |
| Max Drawdown | -45.76% | -49.79% |
| Current Drawdown | -0.95% | -0.57% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRBLX vs. PRDGX - Expense Ratio Comparison
PRBLX has a 0.82% expense ratio, which is higher than PRDGX's 0.62% expense ratio.
Correlation
The correlation between PRBLX and PRDGX 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.
Risk-Adjusted Performance
PRBLX vs. PRDGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Equity Fund (PRBLX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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. PRDGX - Dividend Comparison
PRBLX's dividend yield for the trailing twelve months is around 0.36%, less than PRDGX's 0.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRBLX Parnassus Core Equity Fund | 0.36% | 0.57% | 0.49% | 0.83% | 0.57% | 0.73% | 1.14% | 1.30% | 1.02% | 2.17% | 1.46% | 1.32% |
PRDGX T. Rowe Price Dividend Growth Fund, Inc. | 0.98% | 1.16% | 1.14% | 0.78% | 1.03% | 1.24% | 1.76% | 1.22% | 1.53% | 1.78% | 1.30% | 1.22% |
Drawdowns
PRBLX vs. PRDGX - Drawdown Comparison
The maximum PRBLX drawdown since its inception was -45.76%, smaller than the maximum PRDGX drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for PRBLX and PRDGX. For additional features, visit the drawdowns tool.
Volatility
PRBLX vs. PRDGX - Volatility Comparison
Parnassus Core Equity Fund (PRBLX) has a higher volatility of 4.08% compared to T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) at 3.17%. This indicates that PRBLX's price experiences larger fluctuations and is considered to be riskier than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.