PRPFX vs. FPURX
Compare and contrast key facts about Permanent Portfolio Permanent Portfolio (PRPFX) and Fidelity Puritan Fund (FPURX).
PRPFX is managed by Permanent Portfolio. It was launched on Nov 30, 1982. FPURX is managed by Fidelity. It was launched on Apr 16, 1947.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRPFX or FPURX.
Key characteristics
| PRPFX | FPURX | |
|---|---|---|
| YTD Return | 16.10% | 15.09% |
| 1Y Return | 22.44% | 23.06% |
| 3Y Return (Ann) | 8.21% | 6.30% |
| 5Y Return (Ann) | 10.88% | 11.67% |
| 10Y Return (Ann) | 7.17% | 9.66% |
| Sharpe Ratio | 2.39 | 2.10 |
| Daily Std Dev | 9.26% | 10.60% |
| Max Drawdown | -27.16% | -30.70% |
| Current Drawdown | 0.00% | -0.52% |
Correlation
The correlation between PRPFX and FPURX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PRPFX vs. FPURX - Performance Comparison
In the year-to-date period, PRPFX achieves a 16.10% return, which is significantly higher than FPURX's 15.09% return. Over the past 10 years, PRPFX has underperformed FPURX with an annualized return of 7.17%, while FPURX has yielded a comparatively higher 9.66% 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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PRPFX vs. FPURX - Expense Ratio Comparison
PRPFX has a 0.81% expense ratio, which is higher than FPURX's 0.50% expense ratio.
Risk-Adjusted Performance
PRPFX vs. FPURX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Permanent Portfolio (PRPFX) and Fidelity Puritan Fund (FPURX). 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
PRPFX vs. FPURX - Dividend Comparison
PRPFX's dividend yield for the trailing twelve months is around 1.20%, less than FPURX's 4.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRPFX Permanent Portfolio Permanent Portfolio | 1.20% | 1.39% | 1.58% | 2.05% | 5.38% | 2.83% | 7.78% | 2.14% | 0.95% | 7.06% | 8.01% | 10.68% |
FPURX Fidelity Puritan Fund | 4.76% | 5.34% | 9.38% | 13.10% | 5.10% | 4.29% | 15.26% | 4.18% | 3.71% | 7.94% | 9.74% | 10.25% |
Drawdowns
PRPFX vs. FPURX - Drawdown Comparison
The maximum PRPFX drawdown since its inception was -27.16%, smaller than the maximum FPURX drawdown of -30.70%. Use the drawdown chart below to compare losses from any high point for PRPFX and FPURX. For additional features, visit the drawdowns tool.
Volatility
PRPFX vs. FPURX - Volatility Comparison
Permanent Portfolio Permanent Portfolio (PRPFX) and Fidelity Puritan Fund (FPURX) have volatilities of 2.94% and 3.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.