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 0.94, 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:
0.68
VOO:
1.99
PRILX:
0.91
VOO:
2.65
PRILX:
1.15
VOO:
1.36
PRILX:
0.70
VOO:
3.03
PRILX:
2.35
VOO:
12.71
PRILX:
4.39%
VOO:
2.01%
PRILX:
15.10%
VOO:
12.90%
PRILX:
-42.00%
VOO:
-33.99%
PRILX:
-8.74%
VOO:
-0.86%
Returns By Period
In the year-to-date period, PRILX achieves a 4.23% return, which is significantly higher than VOO's 3.16% return. Over the past 10 years, PRILX has underperformed VOO with an annualized return of 5.89%, while VOO has yielded a comparatively higher 13.80% annualized return.
PRILX
4.23%
2.77%
0.43%
9.84%
6.21%
5.89%
VOO
3.16%
1.60%
12.30%
24.73%
14.88%
13.80%
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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 0.56%, less than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRILX Parnassus Core Equity Institutional Shares | 0.56% | 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 | 1.21% | 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 3.80%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.18%. 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.