PRCS vs VOO
Parnassus Core Select ETF vs Vanguard S&P 500 ETF
Which is better, PRCS or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 59.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PRCS | VOO |
|---|---|---|
| Expense Ratio | 0.58% | 0.03%Best |
| AUM | $182M | $1.0T |
| Dividend Yield | 0.12% | 1.06% |
| Holdings | 54 | 506 |
| YTD Return | +8.44% | +13.57%Best |
| 1Y Return | +12.02% | +17.55%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 12.4%Tie | 12.4%Tie |
| Max Drawdown | -18.2%Best | -18.7% |
| $10,000 over 1.8 years | $11,614 | $12,971Best |
| Top 10 Weight | 59.8% | 37.9%Best |
| Fund Family | Parnassus Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Dec 12, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 12, 2024 to Oct 14, 2026 (1.8 years).
PRCS vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
PRCS vs VOO Performance
Parnassus Core Select ETF (PRCS) is an ETF from Parnassus Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PRCS returned +12.02% while VOO returned +17.55%. Year to date, PRCS is up 8.44% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRCS and VOO have been equally volatile, both at 12.4% annualized.
The deepest peak-to-trough decline in our data was -18.2% for PRCS and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PRCS charges 0.58% per year while VOO charges 0.03%. On a $10,000 position that is $58 vs $3 annually, a gap of $55 per year that compounds over a long holding period. On income, PRCS currently yields 0.12% against 1.06% for VOO.
Holdings Overlap
100.0% of PRCS's money is in holdings VOO also owns. 38.0% of VOO's money is in holdings PRCS also owns.
Most of PRCS is already inside VOO. Owning both mostly buys the same companies twice.
26 positions in common, counted across the 26 positions we hold weights for in PRCS and 504 in VOO, against full books of 54 and 506.
What only one of them owns
Our book lists 473 positions for VOO that do not appear in our book for PRCS (61.8% of the fund), and 0 for PRCS that do not appear in VOO (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in PRCS | Weight in VOO | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 11.30% | 5.70% | 5.60% |
| NVDANvidia Corp | 8.20% | 8.09% | 0.11% |
| GOOGLAlphabet Inc | 8.10% | 3.01% | 5.09% |
| AAPLApple, Inc | 4.00% | 7.04% | 3.04% |
| AMZNAmazon.Com Inc | 6.50% | 3.85% | 2.65% |
| DHRDanaher Corporation | 5.60% | 0.20% | 5.40% |
| AMATApplied Materials, Inc. | 4.60% | 0.55% | 4.05% |
| METAMeta Platforms Inc | 2.90% | 1.90% | 1.00% |
| DEDeere & Co Sedol 2261203 | 4.30% | 0.25% | 4.05% |
| AVGOBroadcom Inc | 1.80% | 2.65% | 0.85% |
100.0% of PRCS is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PRCS or VOO?
PRCS has an expense ratio of 0.58% while VOO charges 0.03%. VOO is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, PRCS or VOO?
Over the past year PRCS returned +12.02% vs +17.55% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), PRCS annualized +8.67% vs +15.55% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PRCS or VOO?
PRCS and VOO have been equally volatile, both at 12.4% annualized. Worst drawdown: PRCS -18.2% vs VOO -18.7%.
Should I hold both PRCS and VOO?
PRCS and VOO have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PRCS and VOO?
100.0% of PRCS's money is in holdings VOO also owns. 38.0% of VOO's is in holdings PRCS also owns. They hold 26 positions in common, counted across the 26 positions we hold weights for in PRCS and 504 in VOO.
Which pays a higher dividend, PRCS or VOO?
PRCS yields 0.12% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than PRCS?
VOO has a lower expense ratio. VOO led over 1Y and the full window. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 59.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.