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WSHFX vs. PRBLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

WSHFX vs. PRBLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Washington Mutual Investors Fund Class F-1 (WSHFX) and Parnassus Core Equity Fund (PRBLX). The values are adjusted to include any dividend payments, if applicable.

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WSHFX vs. PRBLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
WSHFX
American Funds Washington Mutual Investors Fund Class F-1
-5.29%17.13%18.94%17.15%-8.50%28.36%7.62%24.82%-6.27%19.91%
PRBLX
Parnassus Core Equity Fund
-8.62%11.67%18.58%24.97%-18.64%27.59%21.21%30.68%-0.30%16.63%

Returns By Period

In the year-to-date period, WSHFX achieves a -5.29% return, which is significantly higher than PRBLX's -8.62% return. Both investments have delivered pretty close results over the past 10 years, with WSHFX having a 11.74% annualized return and PRBLX not far ahead at 11.97%.


WSHFX

1D
-0.03%
1M
-7.90%
YTD
-5.29%
6M
-3.17%
1Y
10.62%
3Y*
15.21%
5Y*
10.84%
10Y*
11.74%

PRBLX

1D
0.02%
1M
-8.59%
YTD
-8.62%
6M
-7.14%
1Y
4.60%
3Y*
12.03%
5Y*
7.94%
10Y*
11.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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WSHFX vs. PRBLX - Expense Ratio Comparison

WSHFX has a 0.64% expense ratio, which is lower than PRBLX's 0.82% expense ratio.


Return for Risk

WSHFX vs. PRBLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WSHFX
WSHFX Risk / Return Rank: 3737
Overall Rank
WSHFX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
WSHFX Sortino Ratio Rank: 3737
Sortino Ratio Rank
WSHFX Omega Ratio Rank: 3737
Omega Ratio Rank
WSHFX Calmar Ratio Rank: 3636
Calmar Ratio Rank
WSHFX Martin Ratio Rank: 4242
Martin Ratio Rank

PRBLX
PRBLX Risk / Return Rank: 1212
Overall Rank
PRBLX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
PRBLX Sortino Ratio Rank: 1313
Sortino Ratio Rank
PRBLX Omega Ratio Rank: 1313
Omega Ratio Rank
PRBLX Calmar Ratio Rank: 1111
Calmar Ratio Rank
PRBLX Martin Ratio Rank: 1111
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WSHFX vs. PRBLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Washington Mutual Investors Fund Class F-1 (WSHFX) 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.


WSHFXPRBLXDifference

Sharpe ratio

Return per unit of total volatility

0.76

0.30

+0.46

Sortino ratio

Return per unit of downside risk

1.19

0.55

+0.63

Omega ratio

Gain probability vs. loss probability

1.17

1.08

+0.09

Calmar ratio

Return relative to maximum drawdown

0.96

0.24

+0.72

Martin ratio

Return relative to average drawdown

4.33

0.86

+3.46

WSHFX vs. PRBLX - Sharpe Ratio Comparison

The current WSHFX Sharpe Ratio is 0.76, which is higher than the PRBLX Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of WSHFX and PRBLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


WSHFXPRBLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.76

0.30

+0.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.77

0.49

+0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.70

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.69

-0.21

Correlation

The correlation between WSHFX and PRBLX is 0.92, 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

WSHFX vs. PRBLX - Dividend Comparison

WSHFX's dividend yield for the trailing twelve months is around 10.67%, less than PRBLX's 20.83% yield.


TTM20252024202320222021202020192018201720162015
WSHFX
American Funds Washington Mutual Investors Fund Class F-1
10.67%10.08%10.05%6.11%6.28%6.01%3.02%6.17%4.28%7.19%6.32%6.18%
PRBLX
Parnassus Core Equity Fund
20.83%19.08%10.00%6.01%10.13%7.77%5.87%8.02%9.64%7.16%3.80%9.62%

Drawdowns

WSHFX vs. PRBLX - Drawdown Comparison

The maximum WSHFX drawdown since its inception was -53.94%, which is greater than PRBLX's maximum drawdown of -42.20%. Use the drawdown chart below to compare losses from any high point for WSHFX and PRBLX.


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Drawdown Indicators


WSHFXPRBLXDifference

Max Drawdown

Largest peak-to-trough decline

-53.94%

-42.20%

-11.74%

Max Drawdown (1Y)

Largest decline over 1 year

-10.36%

-11.63%

+1.27%

Max Drawdown (5Y)

Largest decline over 5 years

-18.69%

-26.31%

+7.62%

Max Drawdown (10Y)

Largest decline over 10 years

-34.67%

-30.09%

-4.58%

Current Drawdown

Current decline from peak

-8.38%

-11.61%

+3.23%

Average Drawdown

Average peak-to-trough decline

-7.38%

-4.06%

-3.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.29%

3.17%

-0.88%

Volatility

WSHFX vs. PRBLX - Volatility Comparison

The current volatility for American Funds Washington Mutual Investors Fund Class F-1 (WSHFX) is 3.58%, while Parnassus Core Equity Fund (PRBLX) has a volatility of 4.09%. This indicates that WSHFX experiences smaller price fluctuations and is considered to be less risky than PRBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


WSHFXPRBLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.58%

4.09%

-0.51%

Volatility (6M)

Calculated over the trailing 6-month period

7.98%

8.57%

-0.59%

Volatility (1Y)

Calculated over the trailing 1-year period

15.18%

16.68%

-1.50%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.10%

16.19%

-2.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.32%

17.22%

-0.90%