WASMX vs. PARMX
Compare and contrast key facts about Boston Trust Walden SMID Cap Fund (WASMX) and Parnassus Mid Cap Fund (PARMX).
WASMX is managed by Boston Trust Walden Funds. It was launched on Jun 28, 2012. PARMX is managed by Parnassus. It was launched on Apr 29, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WASMX or PARMX.
Correlation
The correlation between WASMX and PARMX is 0.91, 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
WASMX vs. PARMX - Performance Comparison
Key characteristics
WASMX:
0.78
PARMX:
0.28
WASMX:
1.18
PARMX:
0.46
WASMX:
1.14
PARMX:
1.06
WASMX:
1.00
PARMX:
0.18
WASMX:
3.07
PARMX:
1.08
WASMX:
3.57%
PARMX:
3.68%
WASMX:
13.99%
PARMX:
14.22%
WASMX:
-38.51%
PARMX:
-51.40%
WASMX:
-8.58%
PARMX:
-18.24%
Returns By Period
In the year-to-date period, WASMX achieves a 9.43% return, which is significantly higher than PARMX's 1.56% return. Over the past 10 years, WASMX has outperformed PARMX with an annualized return of 6.28%, while PARMX has yielded a comparatively lower 3.66% annualized return.
WASMX
9.43%
-5.77%
7.95%
9.38%
6.96%
6.28%
PARMX
1.56%
-11.82%
-0.55%
2.60%
1.42%
3.66%
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WASMX vs. PARMX - Expense Ratio Comparison
WASMX has a 1.00% expense ratio, which is higher than PARMX's 0.96% expense ratio.
Risk-Adjusted Performance
WASMX vs. PARMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Boston Trust Walden SMID Cap Fund (WASMX) and Parnassus Mid Cap Fund (PARMX). 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
WASMX vs. PARMX - Dividend Comparison
Neither WASMX nor PARMX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WASMX Boston Trust Walden SMID Cap Fund | 0.00% | 0.45% | 0.44% | 0.49% | 0.54% | 0.53% | 0.58% | 0.52% | 0.94% | 0.18% | 0.04% | 0.00% |
PARMX Parnassus Mid Cap Fund | 0.00% | 0.37% | 0.01% | 0.03% | 0.19% | 0.51% | 0.76% | 1.49% | 0.38% | 0.70% | 0.72% | 1.04% |
Drawdowns
WASMX vs. PARMX - Drawdown Comparison
The maximum WASMX drawdown since its inception was -38.51%, smaller than the maximum PARMX drawdown of -51.40%. Use the drawdown chart below to compare losses from any high point for WASMX and PARMX. For additional features, visit the drawdowns tool.
Volatility
WASMX vs. PARMX - Volatility Comparison
The current volatility for Boston Trust Walden SMID Cap Fund (WASMX) is 5.18%, while Parnassus Mid Cap Fund (PARMX) has a volatility of 6.94%. This indicates that WASMX experiences smaller price fluctuations and is considered to be less risky than PARMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.