VAFAX vs. PARWX
Compare and contrast key facts about Invesco American Franchise Fund Class A (VAFAX) and Parnassus Endeavor Fund (PARWX).
VAFAX is managed by Invesco. It was launched on Jun 23, 2005. PARWX is managed by Parnassus. It was launched on Apr 29, 2005.
Performance
VAFAX vs. PARWX - Performance Comparison
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VAFAX vs. PARWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VAFAX Invesco American Franchise Fund Class A | -9.70% | 11.86% | 34.78% | 40.91% | -31.20% | 11.13% | 42.15% | 36.55% | -3.99% | 27.11% |
PARWX Parnassus Endeavor Fund | -1.56% | 19.07% | 12.03% | 13.67% | -13.71% | 31.09% | 27.42% | 33.28% | -13.58% | 19.85% |
Returns By Period
In the year-to-date period, VAFAX achieves a -9.70% return, which is significantly lower than PARWX's -1.56% return. Both investments have delivered pretty close results over the past 10 years, with VAFAX having a 13.99% annualized return and PARWX not far behind at 13.56%.
VAFAX
- 1D
- 4.44%
- 1M
- -5.93%
- YTD
- -9.70%
- 6M
- -12.22%
- 1Y
- 14.68%
- 3Y*
- 19.34%
- 5Y*
- 7.06%
- 10Y*
- 13.99%
PARWX
- 1D
- 2.57%
- 1M
- -5.65%
- YTD
- -1.56%
- 6M
- 2.76%
- 1Y
- 19.46%
- 3Y*
- 13.74%
- 5Y*
- 7.23%
- 10Y*
- 13.56%
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VAFAX vs. PARWX - Expense Ratio Comparison
VAFAX has a 0.95% expense ratio, which is higher than PARWX's 0.88% expense ratio.
Return for Risk
VAFAX vs. PARWX — Risk / Return Rank
VAFAX
PARWX
VAFAX vs. PARWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco American Franchise Fund Class A (VAFAX) and Parnassus Endeavor Fund (PARWX). 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.
| VAFAX | PARWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 1.14 | -0.51 |
Sortino ratioReturn per unit of downside risk | 1.06 | 1.67 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 0.65 | 1.50 | -0.85 |
Martin ratioReturn relative to average drawdown | 2.03 | 6.63 | -4.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VAFAX | PARWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 1.14 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.39 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.65 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.58 | -0.05 |
Correlation
The correlation between VAFAX and PARWX is 0.79, 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
VAFAX vs. PARWX - Dividend Comparison
VAFAX's dividend yield for the trailing twelve months is around 15.61%, more than PARWX's 12.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAFAX Invesco American Franchise Fund Class A | 15.61% | 14.09% | 3.74% | 0.00% | 8.32% | 26.50% | 8.78% | 6.85% | 10.42% | 5.37% | 4.08% | 4.90% |
PARWX Parnassus Endeavor Fund | 12.34% | 12.14% | 8.25% | 1.76% | 2.97% | 16.75% | 0.70% | 0.79% | 12.34% | 6.32% | 3.27% | 10.26% |
Drawdowns
VAFAX vs. PARWX - Drawdown Comparison
The maximum VAFAX drawdown since its inception was -48.48%, roughly equal to the maximum PARWX drawdown of -47.76%. Use the drawdown chart below to compare losses from any high point for VAFAX and PARWX.
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Drawdown Indicators
| VAFAX | PARWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.48% | -47.76% | -0.72% |
Max Drawdown (1Y)Largest decline over 1 year | -19.27% | -12.20% | -7.07% |
Max Drawdown (5Y)Largest decline over 5 years | -38.86% | -32.27% | -6.59% |
Max Drawdown (10Y)Largest decline over 10 years | -38.86% | -37.21% | -1.65% |
Current DrawdownCurrent decline from peak | -15.69% | -6.59% | -9.10% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -6.93% | -1.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.14% | 2.76% | +3.38% |
Volatility
VAFAX vs. PARWX - Volatility Comparison
Invesco American Franchise Fund Class A (VAFAX) has a higher volatility of 8.31% compared to Parnassus Endeavor Fund (PARWX) at 4.93%. This indicates that VAFAX's price experiences larger fluctuations and is considered to be riskier than PARWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VAFAX | PARWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.31% | 4.93% | +3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.69% | 9.08% | +6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.39% | 17.34% | +8.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.03% | 18.76% | +4.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.23% | 21.06% | +1.17% |