STLG vs. PRFIX
Compare and contrast key facts about iShares Factors US Growth Style ETF (STLG) and Parnassus Fixed Income Fund (PRFIX).
STLG is a passively managed fund by iShares that tracks the performance of the Russell US Large Cap Factors Growth Style Index. It was launched on Jan 14, 2020. PRFIX is managed by Parnassus. It was launched on Aug 31, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STLG or PRFIX.
Key characteristics
| STLG | PRFIX | |
|---|---|---|
| YTD Return | 35.72% | 2.79% |
| 1Y Return | 49.80% | 10.04% |
| 3Y Return (Ann) | 11.85% | -2.57% |
| Sharpe Ratio | 2.73 | 1.65 |
| Sortino Ratio | 3.50 | 2.40 |
| Omega Ratio | 1.50 | 1.29 |
| Calmar Ratio | 3.66 | 0.52 |
| Martin Ratio | 14.02 | 6.55 |
| Ulcer Index | 3.51% | 1.41% |
| Daily Std Dev | 18.04% | 5.63% |
| Max Drawdown | -31.34% | -21.14% |
| Current Drawdown | 0.00% | -9.74% |
Correlation
The correlation between STLG and PRFIX is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
STLG vs. PRFIX - Performance Comparison
In the year-to-date period, STLG achieves a 35.72% return, which is significantly higher than PRFIX's 2.79% 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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STLG vs. PRFIX - Expense Ratio Comparison
STLG has a 0.25% expense ratio, which is lower than PRFIX's 0.68% expense ratio.
Risk-Adjusted Performance
STLG vs. PRFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Factors US Growth Style ETF (STLG) and Parnassus Fixed Income Fund (PRFIX). 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
STLG vs. PRFIX - Dividend Comparison
STLG's dividend yield for the trailing twelve months is around 0.31%, less than PRFIX's 3.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STLG iShares Factors US Growth Style ETF | 0.31% | 0.22% | 0.14% | 0.00% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRFIX Parnassus Fixed Income Fund | 3.50% | 3.15% | 2.53% | 1.67% | 1.59% | 2.31% | 2.72% | 2.34% | 2.18% | 1.98% | 2.20% | 1.78% |
Drawdowns
STLG vs. PRFIX - Drawdown Comparison
The maximum STLG drawdown since its inception was -31.34%, which is greater than PRFIX's maximum drawdown of -21.14%. Use the drawdown chart below to compare losses from any high point for STLG and PRFIX. For additional features, visit the drawdowns tool.
Volatility
STLG vs. PRFIX - Volatility Comparison
iShares Factors US Growth Style ETF (STLG) has a higher volatility of 5.93% compared to Parnassus Fixed Income Fund (PRFIX) at 1.46%. This indicates that STLG's price experiences larger fluctuations and is considered to be riskier than PRFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.