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DATEADD vs. PARALLELPERIOD

Shay A

Member
Hi,
I would like to understand the difference between the two.
Today is March 4th, 2018, so
DATEADD ( 'Date'[Date], -1, YEAR ) ) would return the sales of last year but only from 1/1/2017 through March 4th, 2017? Whreas
PARALLELPERIOD( 'Date'[Date], -1, YEAR ) ) would return sales from 1/1/2017 through March 30th, 2017?
Am I correct in both statements?

TY!
 
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