VSMPX vs. PRBLX
Compare and contrast key facts about Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) and Parnassus Core Equity Fund (PRBLX).
VSMPX is managed by Vanguard. It was launched on Apr 28, 2015. PRBLX 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: VSMPX or PRBLX.
Key characteristics
| VSMPX | PRBLX | |
|---|---|---|
| YTD Return | 17.66% | 16.89% |
| 1Y Return | 25.82% | 24.18% |
| 3Y Return (Ann) | 8.23% | 8.08% |
| 5Y Return (Ann) | 14.39% | 14.17% |
| Sharpe Ratio | 2.05 | 2.02 |
| Daily Std Dev | 13.13% | 12.52% |
| Max Drawdown | -34.97% | -42.20% |
| Current Drawdown | -0.67% | 0.00% |
Correlation
The correlation between VSMPX and PRBLX is 0.95, 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.
Performance
VSMPX vs. PRBLX - Performance Comparison
The year-to-date returns for both stocks are quite close, with VSMPX having a 17.66% return and PRBLX slightly lower at 16.89%. 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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VSMPX vs. PRBLX - Expense Ratio Comparison
VSMPX has a 0.02% expense ratio, which is lower than PRBLX's 0.82% expense ratio.
Risk-Adjusted Performance
VSMPX vs. PRBLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) and Parnassus Core Equity Fund (PRBLX). 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
VSMPX vs. PRBLX - Dividend Comparison
VSMPX's dividend yield for the trailing twelve months is around 1.32%, less than PRBLX's 5.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMPX Vanguard Total Stock Market Index Fund Institutional Plus Shares | 1.32% | 1.44% | 1.67% | 1.22% | 1.43% | 1.78% | 2.05% | 1.73% | 1.95% | 1.52% | 0.00% | 0.00% |
PRBLX Parnassus Core Equity Fund | 5.08% | 6.01% | 10.13% | 7.77% | 5.87% | 8.02% | 9.64% | 7.16% | 3.80% | 9.62% | 3.12% | 6.42% |
Drawdowns
VSMPX vs. PRBLX - Drawdown Comparison
The maximum VSMPX drawdown since its inception was -34.97%, smaller than the maximum PRBLX drawdown of -42.20%. Use the drawdown chart below to compare losses from any high point for VSMPX and PRBLX. For additional features, visit the drawdowns tool.
Volatility
VSMPX vs. PRBLX - Volatility Comparison
Vanguard Total Stock Market Index Fund Institutional Plus Shares (VSMPX) has a higher volatility of 4.47% compared to Parnassus Core Equity Fund (PRBLX) at 3.74%. This indicates that VSMPX's price experiences larger fluctuations and is considered to be riskier than PRBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.