PRCS - ETF AI Analysis
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Parnassus Core Select ETF (PRCS)
Rating:75Outperform
Price Target:―
Positive Factors
Leading Technology and Growth Names
Several of the largest positions, including major technology and growth companies, have shown strong recent performance that supports the fund’s returns.
Sector Diversification Across the Economy
Holdings spread across technology, consumer, financial, health care, industrials, and other sectors help reduce the impact of weakness in any single industry.
Recent Short-Term Momentum
The ETF’s performance over the past month has been strong, suggesting improving short-term momentum despite some earlier softness.
Negative Factors
High Concentration in a Few Tech Giants
A large share of the portfolio is tied up in a handful of big technology stocks, which increases the impact if any of these companies stumble.
Mixed Results Among Top Holdings
Some major positions, including well-known technology and health care names, have shown weak or negative performance this year, which can drag on overall returns.
Higher Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
PRCS vs. SPDR S&P 500 ETF (SPY)
AUM157.18M
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. Volume13,053
30 Day Avg. Volume36,549
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
33.70Price 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 that invests mainly in large U.S. companies, with a focus on quality and sustainability rather than tracking a specific index. It holds many well-known names such as Microsoft, Apple, Alphabet (Google), Amazon, and Nvidia, and spreads money across technology, consumer, financial, and health care stocks. Someone might consider PRCS for long-term growth and diversification in strong, established businesses with an ethical tilt. A key risk is that it is heavily invested in big tech stocks, so its price can rise and fall sharply with the technology sector and overall stock market.
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
PRCS is leaning heavily into U.S. mega-cap tech, with Alphabet, Nvidia, and Applied Materials doing most of the heavy lifting as AI and chip demand keep those names rising. Amazon and Apple are also pulling their weight, adding steady momentum from e-commerce and consumer tech. On the flip side, Microsoft has been a bit mixed, while Danaher and Intercontinental Exchange are losing steam and quietly tugging on returns. Overall, this is a U.S.-centric, tech-tilted fund where a handful of big innovators largely set the tone.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Applied Materials | 13.17% | $20.70M | $450.37B | 231.79% | 77 Outperform | |
| Alphabet Class A | 10.65% | $16.73M | $4.35T | 108.94% | 85 Outperform | |
| Nvidia | 7.59% | $11.93M | $4.97T | 46.83% | 76 Outperform | |
| Amazon | 7.34% | $11.53M | $2.57T | 13.84% | 71 Outperform | |
| Microsoft | 7.27% | $11.42M | $2.90T | -16.57% | 79 Outperform | |
| Danaher | 4.95% | $7.79M | $127.47B | -9.95% | 75 Outperform | |
| Deere | 4.06% | $6.38M | $155.88B | 9.73% | 66 Neutral | |
| Waste Management | 3.84% | $6.04M | $88.13B | -6.48% | 76 Outperform | |
| Apple | 3.60% | $5.67M | $4.28T | 49.39% | 79 Outperform | |
| Bank of America | 3.34% | $5.25M | $397.55B | 25.80% | 72 Outperform |
PRCS Technical Analysis
Positive
―
Price Trends
27.35
Positive
26.84
Positive
26.66
Positive
Market Momentum
0.11
Positive
60.70
Neutral
67.32
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PRCS, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 27.64, equal to the 50-day MA of 27.35, and equal to the 200-day MA of 26.66, indicating a bullish trend. The MACD of 0.11 indicates Positive momentum. The RSI at 60.70 is Neutral, neither overbought nor oversold. The STOCH value of 67.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PRCS.
PRCS Peer Comparison
Comparison Results
Performance Comparison
PRCS
Parnassus Core Select ETF
28.15
3.41
13.78%
MODL
VictoryShares WestEnd U.S. Sector ETF
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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FTQI
First Trust Hedged BuyWrite Income ETF
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NBCR
Neuberger Berman Core Equity ETF
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OMAH
VistaShares Target 15 Berkshire Select Income ETF
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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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