PRCS - ETF AI Analysis

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Parnassus Core Select ETF (PRCS)

Rating:72Outperform

Price Target:―

The Parnassus Core Select ETF (PRCS) has a solid overall rating, driven by strong contributions from top holdings like Alphabet (GOOGL) and Apple (AAPL), which benefit from robust financial performance and strategic growth in areas like AI and services. Nvidia (NVDA) also adds strength with its focus on AI and data center expansion, despite some valuation concerns. However, weaker holdings like Deere (DE) and Waste Management (WM), which face challenges such as high leverage and bearish momentum, slightly weigh down the fund's overall rating. A key risk factor is the ETF's exposure to high-valuation stocks, which could limit short-term upside potential.

Positive Factors

Strong Top Holdings

Several key positions, such as Nvidia, Alphabet, and Microsoft, have delivered strong year-to-date performance, driving the ETF’s returns.

Sector Diversification

The ETF is spread across multiple sectors, including technology, financials, and health care, reducing reliance on any single industry.

Steady Asset Growth

The fund has maintained healthy assets under management, indicating consistent investor interest.

Negative Factors

High Technology Exposure

With over 37% of the portfolio in technology, the ETF is heavily reliant on the performance of this sector.

Underperforming Holdings

Some holdings, such as Danaher and Salesforce, have lagged year-to-date, potentially dragging on overall performance.

Limited Geographic Exposure

The ETF is overwhelmingly focused on U.S. companies, offering minimal exposure to international markets.

PRCS vs. SPDR S&P 500 ETF (SPY)

AUM80.77M

RegionNorth America

Expense Ratio0.58%

Beta0.89

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. Volume49,069

30 Day Avg. Volume25,415

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

31.45

Price Target Upside― Downside

Rating ConsensusStrong Buy

Number of Analyst Covering25

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

PRCS Summary

The Parnassus Core Select ETF (PRCS) is an investment fund that focuses on large, well-established companies, primarily in the U.S., with an emphasis on sustainability and quality. It includes major players like Microsoft and Alphabet (Google), making it appealing for those seeking growth and stability. This ETF is ideal for investors who want exposure to leading businesses across sectors like technology, healthcare, and finance while supporting ethical investing principles. However, since it heavily invests in tech companies, its performance can be impacted by fluctuations in the technology sector.

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

The Parnassus Core Select ETF leans heavily into technology, with giants like Alphabet and Microsoft driving much of its performance. Alphabet is rising steadily, buoyed by growth in AI and cloud services, while Microsoft shows mixed results, facing valuation concerns despite its strong focus on innovation. Nvidia, another tech heavyweight, is steady but grappling with inventory challenges and geopolitical risks. Amazon’s performance has been lackluster, holding the fund back with short-term weakness. Overall, the ETF’s U.S.-centric portfolio is tech-heavy, making it sensitive to shifts in the sector’s momentum.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
GOOGL	Alphabet Class A	10.06%	$8.15M	$3.86T	89.51%	80 Outperform
MSFT	Microsoft	9.72%	$7.88M	$3.66T	16.19%	73 Outperform
AMZN	Amazon	7.61%	$6.16M	$2.49T	12.18%	71 Outperform
NVDA	Nvidia	6.96%	$5.64M	$4.30T	28.03%	76 Outperform
DHR	Danaher	6.61%	$5.35M	$160.19B	-5.39%	75 Outperform
AMAT	Applied Materials	6.23%	$5.05M	$200.95B	44.38%	77 Outperform
WM	Waste Management	4.74%	$3.84M	$87.77B	-4.54%	76 Outperform
DE	Deere	4.35%	$3.52M	$125.57B	-0.30%	66 Neutral
AAPL	Apple	3.44%	$2.78M	$4.12T	17.49%	80 Outperform
ICE	Intercontinental Exchange	3.29%	$2.67M	$89.69B	-2.27%	71 Outperform

PRCS Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

26.35

Positive

100DMA

26.13

Positive

200DMA

25.01

Positive

Market Momentum

MACD

0.05

Negative

RSI

57.64

Neutral

STOCH

97.11

Negative

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 26.45, equal to the 50-day MA of 26.35, and equal to the 200-day MA of 25.01, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 57.64 is Neutral, neither overbought nor oversold. The STOCH value of 97.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PRCS.

PRCS Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
PRCS	―	―	$80.77M	0.58%	―
UPSD	―	―	$96.78M	0.79%	―
BCUS	―	―	$96.29M	0.70%	―
HUSV	―	―	$92.05M	0.70%	―
EGGY	―	―	$77.13M	0.89%	―
EGGQ	―	―	$61.28M	0.89%	―

Performance Comparison

PRCS

Parnassus Core Select ETF

26.80

1.96

7.89%

UPSD

Aptus Large Cap Upside ETF

―

BCUS

Bancreek U.S. Large Cap ETF

―

HUSV

First Trust Horizon Managed Volatility Domestic ETF

―

EGGY

NestYield Dynamic Income Shield ETF

―

EGGQ

NestYield Visionary ETF

―

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.

Disclaimer

This 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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