PRILX vs. VOO
Compare and contrast key facts about Parnassus Core Equity Institutional Shares (PRILX) and Vanguard S&P 500 ETF (VOO).
PRILX is managed by Parnassus. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRILX or VOO.
Correlation
The correlation between PRILX and VOO is 0.95, 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. VOO - Performance Comparison
Key characteristics
PRILX:
-0.02
VOO:
0.54
PRILX:
0.10
VOO:
0.88
PRILX:
1.02
VOO:
1.13
PRILX:
-0.02
VOO:
0.55
PRILX:
-0.05
VOO:
2.27
PRILX:
7.97%
VOO:
4.55%
PRILX:
19.70%
VOO:
19.19%
PRILX:
-42.00%
VOO:
-33.99%
PRILX:
-15.40%
VOO:
-9.90%
Returns By Period
In the year-to-date period, PRILX achieves a -3.37% return, which is significantly higher than VOO's -5.74% return. Over the past 10 years, PRILX has underperformed VOO with an annualized return of 4.76%, while VOO has yielded a comparatively higher 12.12% annualized return.
PRILX
-3.37%
-2.60%
-11.20%
-1.30%
6.91%
4.76%
VOO
-5.74%
-2.90%
-4.28%
9.78%
15.72%
12.12%
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PRILX vs. VOO - Expense Ratio Comparison
PRILX has a 0.61% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PRILX vs. VOO — Risk-Adjusted Performance Rank
PRILX
VOO
PRILX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parnassus Core Equity Institutional Shares (PRILX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
PRILX's dividend yield for the trailing twelve months is around 0.54%, less than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRILX Parnassus Core Equity Institutional Shares | 0.54% | 0.58% | 0.76% | 0.72% | 1.02% | 0.76% | 0.96% | 1.40% | 1.52% | 1.22% | 2.40% | 1.65% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PRILX vs. VOO - Drawdown Comparison
The maximum PRILX drawdown since its inception was -42.00%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PRILX and VOO. For additional features, visit the drawdowns tool.
Volatility
PRILX vs. VOO - Volatility Comparison
The current volatility for Parnassus Core Equity Institutional Shares (PRILX) is 12.75%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.96%. This indicates that PRILX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.