PRILX vs. VIGIX
Compare and contrast key facts about Parnassus Core Equity Institutional Shares (PRILX) and Vanguard Growth Index Fund Institutional Shares (VIGIX).
PRILX is managed by Parnassus. VIGIX is managed by Vanguard. It was launched on May 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRILX or VIGIX.
Correlation
The correlation between PRILX and VIGIX is 0.92, 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. VIGIX - Performance Comparison
Key characteristics
PRILX:
0.76
VIGIX:
2.06
PRILX:
1.00
VIGIX:
2.66
PRILX:
1.16
VIGIX:
1.38
PRILX:
0.63
VIGIX:
2.78
PRILX:
3.85
VIGIX:
10.87
PRILX:
2.93%
VIGIX:
3.31%
PRILX:
14.85%
VIGIX:
17.46%
PRILX:
-42.00%
VIGIX:
-57.17%
PRILX:
-11.20%
VIGIX:
-1.71%
Returns By Period
In the year-to-date period, PRILX achieves a 10.28% return, which is significantly lower than VIGIX's 35.87% return. Over the past 10 years, PRILX has underperformed VIGIX with an annualized return of 5.10%, while VIGIX has yielded a comparatively higher 15.91% annualized return.
PRILX
10.28%
-9.21%
-1.33%
10.84%
6.04%
5.10%
VIGIX
35.87%
4.02%
14.08%
36.02%
19.07%
15.91%
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PRILX vs. VIGIX - Expense Ratio Comparison
PRILX has a 0.61% expense ratio, which is higher than VIGIX's 0.04% expense ratio.
Risk-Adjusted Performance
PRILX vs. VIGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Equity Institutional Shares (PRILX) and Vanguard Growth Index Fund Institutional Shares (VIGIX). 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. VIGIX - Dividend Comparison
PRILX's dividend yield for the trailing twelve months is around 0.39%, more than VIGIX's 0.33% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Parnassus Core Equity Institutional Shares | 0.39% | 0.76% | 0.72% | 1.02% | 0.76% | 0.96% | 1.40% | 1.52% | 1.22% | 2.40% | 1.65% | 1.48% |
Vanguard Growth Index Fund Institutional Shares | 0.33% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% | 1.20% |
Drawdowns
PRILX vs. VIGIX - Drawdown Comparison
The maximum PRILX drawdown since its inception was -42.00%, smaller than the maximum VIGIX drawdown of -57.17%. Use the drawdown chart below to compare losses from any high point for PRILX and VIGIX. For additional features, visit the drawdowns tool.
Volatility
PRILX vs. VIGIX - Volatility Comparison
Parnassus Core Equity Institutional Shares (PRILX) has a higher volatility of 9.19% compared to Vanguard Growth Index Fund Institutional Shares (VIGIX) at 4.96%. This indicates that PRILX's price experiences larger fluctuations and is considered to be riskier than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.