PRFIX vs. STLG
Compare and contrast key facts about Parnassus Fixed Income Fund (PRFIX) and iShares Factors US Growth Style ETF (STLG).
PRFIX is managed by Parnassus. It was launched on Aug 31, 1992. STLG is a passively managed fund by iShares that tracks the performance of the Russell US Large Cap Factors Growth Style Index. It was launched on Jan 14, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRFIX or STLG.
Key characteristics
| PRFIX | STLG | |
|---|---|---|
| YTD Return | 2.02% | 37.04% |
| 1Y Return | 7.76% | 45.15% |
| 3Y Return (Ann) | -2.49% | 12.30% |
| Sharpe Ratio | 1.62 | 2.69 |
| Sortino Ratio | 2.37 | 3.46 |
| Omega Ratio | 1.29 | 1.49 |
| Calmar Ratio | 0.53 | 3.59 |
| Martin Ratio | 6.28 | 13.76 |
| Ulcer Index | 1.45% | 3.51% |
| Daily Std Dev | 5.61% | 17.95% |
| Max Drawdown | -21.14% | -31.34% |
| Current Drawdown | -10.41% | -0.37% |
Correlation
The correlation between PRFIX and STLG is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRFIX vs. STLG - Performance Comparison
In the year-to-date period, PRFIX achieves a 2.02% return, which is significantly lower than STLG's 37.04% return. 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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PRFIX vs. STLG - Expense Ratio Comparison
PRFIX has a 0.68% expense ratio, which is higher than STLG's 0.25% expense ratio.
Risk-Adjusted Performance
PRFIX vs. STLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Fixed Income Fund (PRFIX) and iShares Factors US Growth Style ETF (STLG). 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
PRFIX vs. STLG - Dividend Comparison
PRFIX's dividend yield for the trailing twelve months is around 3.53%, more than STLG's 0.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRFIX Parnassus Fixed Income Fund | 3.53% | 3.15% | 2.53% | 1.67% | 1.59% | 2.31% | 2.72% | 2.34% | 2.18% | 1.98% | 2.20% | 1.78% |
STLG iShares Factors US Growth Style ETF | 0.22% | 0.09% | 0.14% | 0.00% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRFIX vs. STLG - Drawdown Comparison
The maximum PRFIX drawdown since its inception was -21.14%, smaller than the maximum STLG drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for PRFIX and STLG. For additional features, visit the drawdowns tool.
Volatility
PRFIX vs. STLG - Volatility Comparison
The current volatility for Parnassus Fixed Income Fund (PRFIX) is 1.43%, while iShares Factors US Growth Style ETF (STLG) has a volatility of 5.41%. This indicates that PRFIX experiences smaller price fluctuations and is considered to be less risky than STLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.