PRPFX vs. CONWX
Compare and contrast key facts about Permanent Portfolio Permanent Portfolio (PRPFX) and Concorde Wealth Management Fund (CONWX).
PRPFX is managed by Permanent Portfolio. It was launched on Nov 30, 1982. CONWX is managed by BlackRock. It was launched on Dec 3, 1987.
Performance
PRPFX vs. CONWX - Performance Comparison
Loading graphics...
PRPFX vs. CONWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRPFX Permanent Portfolio Permanent Portfolio | 2.72% | 28.78% | 19.36% | 11.96% | -5.48% | 10.87% | 18.80% | 19.20% | -7.02% | 11.42% |
CONWX Concorde Wealth Management Fund | 8.18% | 11.95% | 13.58% | 0.20% | -2.51% | 19.73% | 8.76% | 16.84% | -1.95% | 7.17% |
Returns By Period
In the year-to-date period, PRPFX achieves a 2.72% return, which is significantly lower than CONWX's 8.18% return. Over the past 10 years, PRPFX has outperformed CONWX with an annualized return of 10.84%, while CONWX has yielded a comparatively lower 8.62% annualized return.
PRPFX
- 1D
- -0.31%
- 1M
- -7.34%
- YTD
- 2.72%
- 6M
- 8.96%
- 1Y
- 25.00%
- 3Y*
- 19.97%
- 5Y*
- 12.20%
- 10Y*
- 10.84%
CONWX
- 1D
- -0.62%
- 1M
- -1.70%
- YTD
- 8.18%
- 6M
- 11.51%
- 1Y
- 17.28%
- 3Y*
- 12.45%
- 5Y*
- 7.53%
- 10Y*
- 8.62%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRPFX vs. CONWX - Expense Ratio Comparison
PRPFX has a 0.81% expense ratio, which is lower than CONWX's 1.41% expense ratio.
Return for Risk
PRPFX vs. CONWX — Risk / Return Rank
PRPFX
CONWX
PRPFX vs. CONWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Permanent Portfolio (PRPFX) and Concorde Wealth Management Fund (CONWX). 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.
| PRPFX | CONWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.86 | 1.70 | +0.15 |
Sortino ratioReturn per unit of downside risk | 2.31 | 2.36 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 3.07 | 1.99 | +1.07 |
Martin ratioReturn relative to average drawdown | 11.17 | 11.30 | -0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PRPFX | CONWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.86 | 1.70 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.11 | 0.74 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | 0.78 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.78 | +0.01 |
Correlation
The correlation between PRPFX and CONWX is 0.74, 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.
Dividends
PRPFX vs. CONWX - Dividend Comparison
PRPFX's dividend yield for the trailing twelve months is around 3.18%, less than CONWX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRPFX Permanent Portfolio Permanent Portfolio | 3.18% | 3.27% | 1.86% | 1.39% | 1.58% | 2.05% | 5.38% | 4.69% | 6.90% | 2.14% | 0.95% | 7.06% |
CONWX Concorde Wealth Management Fund | 3.41% | 3.69% | 10.55% | 2.16% | 7.85% | 3.63% | 3.86% | 2.16% | 5.09% | 2.48% | 0.00% | 0.00% |
Drawdowns
PRPFX vs. CONWX - Drawdown Comparison
The maximum PRPFX drawdown since its inception was -27.16%, roughly equal to the maximum CONWX drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for PRPFX and CONWX.
Loading graphics...
Drawdown Indicators
| PRPFX | CONWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -26.09% | -1.07% |
Max Drawdown (1Y)Largest decline over 1 year | -8.10% | -8.60% | +0.50% |
Max Drawdown (5Y)Largest decline over 5 years | -15.49% | -12.49% | -3.00% |
Max Drawdown (10Y)Largest decline over 10 years | -20.84% | -26.09% | +5.25% |
Current DrawdownCurrent decline from peak | -8.10% | -2.03% | -6.07% |
Average DrawdownAverage peak-to-trough decline | -3.52% | -2.78% | -0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 1.52% | +0.70% |
Volatility
PRPFX vs. CONWX - Volatility Comparison
Permanent Portfolio Permanent Portfolio (PRPFX) has a higher volatility of 3.59% compared to Concorde Wealth Management Fund (CONWX) at 2.12%. This indicates that PRPFX's price experiences larger fluctuations and is considered to be riskier than CONWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRPFX | CONWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.59% | 2.12% | +1.47% |
Volatility (6M)Calculated over the trailing 6-month period | 11.32% | 5.43% | +5.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.77% | 10.70% | +3.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.04% | 10.26% | +0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.57% | 11.15% | -0.58% |