PRDGX vs. PRBLX
Compare and contrast key facts about T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) and Parnassus Core Equity Fund (PRBLX).
PRDGX is managed by T. Rowe Price. It was launched on Dec 30, 1992. PRBLX is managed by Parnassus. It was launched on Aug 31, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRDGX or PRBLX.
Key characteristics
| PRDGX | PRBLX | |
|---|---|---|
| YTD Return | 5.94% | 6.16% |
| 1Y Return | 18.19% | 23.39% |
| 3Y Return (Ann) | 7.06% | 7.19% |
| 5Y Return (Ann) | 11.72% | 13.13% |
| 10Y Return (Ann) | 11.87% | 11.94% |
| Sharpe Ratio | 1.82 | 1.98 |
| Daily Std Dev | 9.54% | 11.70% |
| Max Drawdown | -49.79% | -42.20% |
| Current Drawdown | -1.99% | -3.52% |
Correlation
The correlation between PRDGX and PRBLX 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
PRDGX vs. PRBLX - Performance Comparison
The year-to-date returns for both investments are quite close, with PRDGX having a 5.94% return and PRBLX slightly higher at 6.16%. Both investments have delivered pretty close results over the past 10 years, with PRDGX having a 11.87% annualized return and PRBLX not far ahead at 11.94%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PRDGX vs. PRBLX - Expense Ratio Comparison
PRDGX has a 0.62% expense ratio, which is lower than PRBLX's 0.82% expense ratio.
Risk-Adjusted Performance
PRDGX vs. PRBLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) and Parnassus Core Equity Fund (PRBLX). 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
PRDGX vs. PRBLX - Dividend Comparison
PRDGX's dividend yield for the trailing twelve months is around 2.63%, less than PRBLX's 5.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRDGX T. Rowe Price Dividend Growth Fund, Inc. | 2.63% | 2.78% | 3.81% | 2.00% | 1.03% | 1.78% | 3.67% | 2.19% | 3.07% | 7.57% | 4.43% | 1.87% |
PRBLX Parnassus Core Equity Fund | 5.66% | 6.01% | 10.13% | 7.77% | 5.87% | 8.02% | 9.64% | 7.16% | 3.80% | 9.62% | 3.12% | 6.42% |
Drawdowns
PRDGX vs. PRBLX - Drawdown Comparison
The maximum PRDGX drawdown since its inception was -49.79%, which is greater than PRBLX's maximum drawdown of -42.20%. Use the drawdown chart below to compare losses from any high point for PRDGX and PRBLX. For additional features, visit the drawdowns tool.
Volatility
PRDGX vs. PRBLX - Volatility Comparison
The current volatility for T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) is 2.98%, while Parnassus Core Equity Fund (PRBLX) has a volatility of 4.05%. This indicates that PRDGX experiences smaller price fluctuations and is considered to be less risky than PRBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.