PRBLX vs. TRLGX
Compare and contrast key facts about Parnassus Core Equity Fund (PRBLX) and T. Rowe Price Large-Cap Growth Fund (TRLGX).
PRBLX is managed by Parnassus. It was launched on Aug 31, 1992. TRLGX is managed by T. Rowe Price. It was launched on Oct 31, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRBLX or TRLGX.
Performance
PRBLX vs. TRLGX - Performance Comparison
Returns By Period
In the year-to-date period, PRBLX achieves a 19.95% return, which is significantly lower than TRLGX's 30.95% return. Over the past 10 years, PRBLX has underperformed TRLGX with an annualized return of 5.82%, while TRLGX has yielded a comparatively higher 11.36% annualized return.
PRBLX
19.95%
-0.05%
9.48%
25.80%
8.36%
5.82%
TRLGX
30.95%
2.35%
13.58%
33.80%
14.41%
11.36%
Key characteristics
| PRBLX | TRLGX | |
|---|---|---|
| Sharpe Ratio | 2.14 | 2.11 |
| Sortino Ratio | 2.91 | 2.82 |
| Omega Ratio | 1.39 | 1.39 |
| Calmar Ratio | 1.26 | 1.66 |
| Martin Ratio | 13.80 | 12.76 |
| Ulcer Index | 1.87% | 2.62% |
| Daily Std Dev | 12.05% | 15.81% |
| Max Drawdown | -45.76% | -56.16% |
| Current Drawdown | -1.83% | -1.63% |
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PRBLX vs. TRLGX - Expense Ratio Comparison
PRBLX has a 0.82% expense ratio, which is higher than TRLGX's 0.55% expense ratio.
Correlation
The correlation between PRBLX and TRLGX 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.
Risk-Adjusted Performance
PRBLX vs. TRLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Equity Fund (PRBLX) and T. Rowe Price Large-Cap Growth Fund (TRLGX). 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. TRLGX - Dividend Comparison
PRBLX's dividend yield for the trailing twelve months is around 0.37%, while TRLGX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRBLX Parnassus Core Equity Fund | 0.37% | 0.57% | 0.49% | 0.83% | 0.57% | 0.73% | 1.14% | 1.30% | 1.02% | 2.17% | 1.46% | 1.32% |
TRLGX T. Rowe Price Large-Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.28% | 0.24% | 0.24% | 0.03% | 0.07% | 0.04% |
Drawdowns
PRBLX vs. TRLGX - Drawdown Comparison
The maximum PRBLX drawdown since its inception was -45.76%, smaller than the maximum TRLGX drawdown of -56.16%. Use the drawdown chart below to compare losses from any high point for PRBLX and TRLGX. For additional features, visit the drawdowns tool.
Volatility
PRBLX vs. TRLGX - Volatility Comparison
The current volatility for Parnassus Core Equity Fund (PRBLX) is 4.07%, while T. Rowe Price Large-Cap Growth Fund (TRLGX) has a volatility of 5.16%. This indicates that PRBLX experiences smaller price fluctuations and is considered to be less risky than TRLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.