PRCS - ETF AI Analysis
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Parnassus Core Select ETF (PRCS)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past month and quarter, indicating positive recent momentum.
Leading Technology Exposure
A large allocation to major technology companies, including several strong-performing chip and software names, has supported returns.
Broad Sector Mix
Holdings spread across technology, financials, consumer, health care, industrials, and other sectors help reduce reliance on any single part of the market.
Negative Factors
High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost options.
Concentrated in U.S. Stocks
With almost all assets in U.S. companies, the ETF offers limited diversification across global markets.
Mixed Performance Among Top Holdings
Some of the largest positions, including major technology names, have shown weak year-to-date performance, which can drag on overall results if the trend continues.
PRCS vs. SPDR S&P 500 ETF (SPY)
AUM123.62M
RegionNorth America
Expense Ratio0.58%
Beta0.92
IssuerParnassus Investments
Inception DateDec 12, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume54,109
30 Day Avg. Volume51,652
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
33.25Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering24
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PRCS Summary
Parnassus Core Select ETF (PRCS) is an actively managed fund (no set index) that invests mainly in large, well-known U.S. companies across many sectors, with a tilt toward technology. Its holdings include big names like Microsoft and Alphabet (Google), along with other established businesses in finance, health care, and consumer goods. Investors might consider PRCS for long-term growth and diversification, plus an emphasis on quality and sustainability-focused companies. A key risk is that it is heavily invested in large U.S. tech-related stocks, so its price can rise or fall sharply if that part of the market struggles.
How much will it cost me?The Parnassus Core Select ETF (PRCS) has an expense ratio of 0.58%, which means you’ll pay $5.80 per year for every $1,000 invested. This is higher than average because it is actively managed, meaning professionals carefully select stocks rather than following a simple index.
What would affect this ETF?The Parnassus Core Select ETF (PRCS) could benefit from continued growth in the technology sector, which makes up a significant portion of its holdings, especially with companies like Microsoft and Nvidia driving innovation. However, rising interest rates or regulatory changes could negatively impact its financial and technology sector exposure, while broader economic slowdowns in the U.S. could affect consumer spending and industrial activity, impacting other key holdings like Amazon and Deere.
PRCS Top 10 Holdings
This fund is leaning heavily on U.S. Big Tech, with Alphabet, Microsoft, Nvidia, Amazon, and Apple forming its core engine. Applied Materials and Nvidia are rising on the back of the AI and semiconductor boom, giving the ETF a strong tech tailwind. Deere and Home Depot add some industrial and consumer punch, also trending positively. On the flip side, Microsoft, Amazon, and Danaher have been lagging lately, so some of that tech muscle is losing steam. Overall, it’s a U.S.-centric, tech-tilted story with a few steady industrial and services names for balance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 9.75% | $12.05M | $3.71T | 87.74% | 85 Outperform | |
| Applied Materials | 8.71% | $10.77M | $277.34B | 126.25% | 77 Outperform | |
| Microsoft | 7.87% | $9.73M | $2.91T | 1.02% | 79 Outperform | |
| Nvidia | 7.16% | $8.85M | $4.38T | 53.50% | 76 Outperform | |
| Amazon | 7.01% | $8.67M | $2.25T | 7.33% | 71 Outperform | |
| Danaher | 5.72% | $7.07M | $135.42B | -8.26% | 75 Outperform | |
| Waste Management | 4.35% | $5.38M | $94.30B | 4.51% | 76 Outperform | |
| Deere | 4.32% | $5.34M | $154.24B | 19.35% | 66 Neutral | |
| Intercontinental Exchange | 3.58% | $4.43M | $89.25B | -6.57% | 80 Outperform | |
| Linde | 3.35% | $4.15M | $226.40B | 6.27% | 66 Neutral |
PRCS Technical Analysis
Negative
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Price Trends
26.86
Negative
26.74
Negative
26.22
Negative
Market Momentum
-0.30
Positive
36.18
Neutral
25.71
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PRCS, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 26.36, equal to the 50-day MA of 26.86, and equal to the 200-day MA of 26.22, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 36.18 is Neutral, neither overbought nor oversold. The STOCH value of 25.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PRCS.
PRCS Peer Comparison
Comparison Results
Performance Comparison
PRCS
Parnassus Core Select ETF
25.57
2.18
9.32%
BALI
BlackRock Advantage Large Cap Income ETF
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MODL
VictoryShares WestEnd U.S. Sector ETF
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LRGC
AB US Large Cap Strategic Equities ETF
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―
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NBCR
Neuberger Berman Core Equity ETF
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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