PRPFX vs. PRPDX
PRPFX (Permanent Portfolio Class I) and PRPDX (Permanent Portfolio Fund Class A) are both Diversified Portfolio funds from Permanent Portfolio. Both are actively managed. Over the past 5 years, PRPFX returned 10.89%/yr vs 10.62%/yr for PRPDX. Their 1.00 correlation means they have historically moved very closely together. PRPFX charges 0.81%/yr vs 1.06%/yr for PRPDX.
Performance
PRPFX vs. PRPDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRPFX achieves a 2.08% return, which is significantly higher than PRPDX's 1.95% return.
PRPFX
- 1D
- 0.71%
- 1M
- -0.17%
- 6M
- -2.57%
- YTD
- 2.08%
- 1Y
- 15.83%
- 3Y*
- 17.56%
- 5Y*
- 10.89%
- 10Y*
- 9.97%
- ALL TIME*
- 7.00%
PRPDX
- 1D
- 0.70%
- 1M
- -0.18%
- 6M
- -2.69%
- YTD
- 1.95%
- 1Y
- 15.55%
- 3Y*
- 17.27%
- 5Y*
- 10.62%
- 10Y*
- —
- ALL TIME*
- 10.68%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRPFX vs. PRPDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRPFX Permanent Portfolio Class I | 2.08% | 28.78% | 19.36% | 11.96% | -5.48% | 10.87% | 18.80% | 19.20% | -7.02% | 11.42% |
PRPDX Permanent Portfolio Fund Class A | 1.95% | 28.45% | 19.06% | 11.69% | -5.71% | 10.58% | 18.51% | 18.92% | -6.45% | 10.35% |
Correlation
The correlation between PRPFX and PRPDX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 1.00 |
The correlation between PRPFX and PRPDX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PRPFX vs. PRPDX — Risk / Return Rank
PRPFX
PRPDX
PRPFX vs. PRPDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Class I (PRPFX) and Permanent Portfolio Fund Class A (PRPDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PRPFX | PRPDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 1.55 | +0.04 |
| Martin ratioReturn relative to average drawdown | 3.56 | 3.47 | +0.10 |
Loading charts...
Drawdowns
PRPFX vs. PRPDX - Drawdown Comparison
The maximum PRPFX drawdown since its inception was -27.16%, which is greater than PRPDX's maximum drawdown of -20.87%. Use the drawdown chart below to compare losses from any high point for PRPFX and PRPDX.
Loading charts...
Drawdown Indicators
| PRPFX | PRPDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -20.87% | -6.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.74% | -9.82% | +0.08% |
Max Drawdown (3Y)Largest decline over 3 years | -9.74% | -9.82% | +0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -15.49% | -15.67% | +0.18% |
Max Drawdown (10Y)Largest decline over 10 years | -20.84% | — | — |
Current DrawdownCurrent decline from peak | -8.67% | -8.78% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -3.54% | -2.89% | -0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.35% | 4.39% | -0.04% |
Volatility
PRPFX vs. PRPDX - Volatility Comparison
Permanent Portfolio Class I (PRPFX) and Permanent Portfolio Fund Class A (PRPDX) have volatilities of 2.42% and 2.41%, 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.
Loading charts...
Volatility by Period
| PRPFX | PRPDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.42% | 2.41% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 10.96% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.09% | 13.09% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.12% | 11.11% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.68% | 10.80% | -0.12% |
PRPFX vs. PRPDX - Expense Ratio Comparison
PRPFX has a 0.81% expense ratio, which is lower than PRPDX's 1.06% expense ratio.
Dividends
PRPFX vs. PRPDX - Dividend Comparison
PRPFX's dividend yield for the trailing twelve months is around 3.20%, more than PRPDX's 3.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRPDX Permanent Portfolio Fund Class A | 3.04% | 3.10% | 1.61% | 1.20% | 1.30% | 1.86% | 5.26% | 4.49% | 7.57% | 1.97% | 0.00% | 0.00% |
PRPFX Permanent Portfolio Class I | 3.20% | 3.27% | 1.86% | 1.39% | 1.58% | 2.05% | 5.38% | 4.69% | 6.90% | 2.14% | 0.95% | 7.06% |
Frequently Asked Questions
With a correlation of 1.00, PRPFX and PRPDX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
PRPFX has higher volatility (2.42%) compared to PRPDX (2.41%). In terms of maximum drawdown, PRPFX dropped -27.16% vs PRPDX's -20.87%.
PRPFX currently has the higher Sharpe Ratio (1.19 vs 1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PRPFX and PRPDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer