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PRBLX vs. VSMPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PRBLX and VSMPX is 0.94, 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

PRBLX vs. VSMPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Parnassus Core Equity Fund (PRBLX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
77.14%
215.69%
PRBLX
VSMPX

Key characteristics

Sharpe Ratio

PRBLX:

1.79

VSMPX:

2.09

Sortino Ratio

PRBLX:

2.42

VSMPX:

2.78

Omega Ratio

PRBLX:

1.33

VSMPX:

1.39

Calmar Ratio

PRBLX:

1.22

VSMPX:

3.14

Martin Ratio

PRBLX:

11.51

VSMPX:

13.36

Ulcer Index

PRBLX:

1.93%

VSMPX:

2.01%

Daily Std Dev

PRBLX:

12.38%

VSMPX:

12.85%

Max Drawdown

PRBLX:

-45.76%

VSMPX:

-34.97%

Current Drawdown

PRBLX:

-3.46%

VSMPX:

-3.10%

Returns By Period

In the year-to-date period, PRBLX achieves a 19.68% return, which is significantly lower than VSMPX's 24.83% return.


PRBLX

YTD

19.68%

1M

-0.22%

6M

6.70%

1Y

20.74%

5Y*

7.58%

10Y*

5.81%

VSMPX

YTD

24.83%

1M

-0.64%

6M

9.97%

1Y

25.18%

5Y*

14.09%

10Y*

N/A

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. VSMPX - Expense Ratio Comparison

PRBLX has a 0.82% expense ratio, which is higher than VSMPX's 0.02% expense ratio.


PRBLX
Parnassus Core Equity Fund
Expense ratio chart for PRBLX: current value at 0.82% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.82%
Expense ratio chart for VSMPX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

PRBLX vs. VSMPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Equity Fund (PRBLX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX). 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 PRBLX, currently valued at 1.79, compared to the broader market-1.000.001.002.003.004.001.792.09
The chart of Sortino ratio for PRBLX, currently valued at 2.42, compared to the broader market-2.000.002.004.006.008.0010.002.422.78
The chart of Omega ratio for PRBLX, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.003.501.331.39
The chart of Calmar ratio for PRBLX, currently valued at 1.22, compared to the broader market0.002.004.006.008.0010.0012.0014.001.223.14
The chart of Martin ratio for PRBLX, currently valued at 11.51, compared to the broader market0.0020.0040.0060.0011.5113.36
PRBLX
VSMPX

The current PRBLX Sharpe Ratio is 1.79, which is comparable to the VSMPX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of PRBLX and VSMPX, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.79
2.09
PRBLX
VSMPX

Dividends

PRBLX vs. VSMPX - Dividend Comparison

PRBLX's dividend yield for the trailing twelve months is around 9.78%, more than VSMPX's 0.93% yield.


TTM20232022202120202019201820172016201520142013
PRBLX
Parnassus Core Equity Fund
9.78%0.57%0.49%0.83%0.57%0.73%1.14%1.30%1.02%2.17%1.46%1.32%
VSMPX
Vanguard Total Stock Market Index Fund Institutional Plus Shares
0.93%1.44%1.67%1.22%1.43%1.78%2.05%1.73%1.95%1.52%0.00%0.00%

Drawdowns

PRBLX vs. VSMPX - Drawdown Comparison

The maximum PRBLX drawdown since its inception was -45.76%, which is greater than VSMPX's maximum drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for PRBLX and VSMPX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.46%
-3.10%
PRBLX
VSMPX

Volatility

PRBLX vs. VSMPX - Volatility Comparison

Parnassus Core Equity Fund (PRBLX) and Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) have volatilities of 4.07% and 4.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.07%
4.06%
PRBLX
VSMPX
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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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