PRILX vs. DODGX
Compare and contrast key facts about Parnassus Core Equity Institutional Shares (PRILX) and Dodge & Cox Stock Fund Class I (DODGX).
PRILX is managed by Parnassus. DODGX is managed by Dodge & Cox. It was launched on Jan 4, 1965.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRILX or DODGX.
Key characteristics
| PRILX | DODGX | |
|---|---|---|
| YTD Return | 6.20% | 5.55% |
| 1Y Return | 23.62% | 25.29% |
| 3Y Return (Ann) | 7.41% | 7.18% |
| 5Y Return (Ann) | 13.36% | 11.90% |
| 10Y Return (Ann) | 12.17% | 10.82% |
| Sharpe Ratio | 2.00 | 1.95 |
| Daily Std Dev | 11.70% | 12.16% |
| Max Drawdown | -42.00% | -63.25% |
| Current Drawdown | -3.54% | -3.79% |
Correlation
The correlation between PRILX and DODGX is 0.87, 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
PRILX vs. DODGX - Performance Comparison
In the year-to-date period, PRILX achieves a 6.20% return, which is significantly higher than DODGX's 5.55% return. Over the past 10 years, PRILX has outperformed DODGX with an annualized return of 12.17%, while DODGX has yielded a comparatively lower 10.82% annualized 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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PRILX vs. DODGX - Expense Ratio Comparison
PRILX has a 0.61% expense ratio, which is higher than DODGX's 0.51% expense ratio.
Risk-Adjusted Performance
PRILX vs. DODGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Equity Institutional Shares (PRILX) and Dodge & Cox Stock Fund Class I (DODGX). 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
PRILX vs. DODGX - Dividend Comparison
PRILX's dividend yield for the trailing twelve months is around 5.83%, more than DODGX's 5.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRILX Parnassus Core Equity Institutional Shares | 5.83% | 6.18% | 10.34% | 7.94% | 6.04% | 8.23% | 9.89% | 7.37% | 3.99% | 9.84% | 3.30% | 6.58% |
DODGX Dodge & Cox Stock Fund Class I | 5.14% | 3.76% | 5.47% | 3.22% | 6.86% | 10.23% | 9.69% | 6.78% | 6.26% | 5.36% | 3.17% | 1.24% |
Drawdowns
PRILX vs. DODGX - Drawdown Comparison
The maximum PRILX drawdown since its inception was -42.00%, smaller than the maximum DODGX drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for PRILX and DODGX. For additional features, visit the drawdowns tool.
Volatility
PRILX vs. DODGX - Volatility Comparison
Parnassus Core Equity Institutional Shares (PRILX) has a higher volatility of 4.07% compared to Dodge & Cox Stock Fund Class I (DODGX) at 3.41%. This indicates that PRILX's price experiences larger fluctuations and is considered to be riskier than DODGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.