PRCS - ETF AI Analysis
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Parnassus Core Select ETF (PRCS)
Rating:74Outperform
Price Target:―
Positive Factors
Broad Sector Mix
Holdings spread across technology, consumer, industrial, financial, health care, and other sectors help reduce the impact if any one area of the market struggles.
Overall Positive Recent Performance
The fund has delivered generally positive returns over the past month, three months, and year-to-date, showing steady recent momentum.
Strong Contributors Among Top Holdings
Several major positions like Alphabet, Nvidia, Amazon, Applied Materials, Waste Management, Deere, and Apple have shown strong year-to-date performance, supporting the ETF’s gains.
Negative Factors
High U.S. Concentration
With almost all assets invested in U.S. companies, the fund offers little geographic diversification and is heavily tied to the U.S. economy.
Notable Underperforming Top Holdings
Large positions such as Microsoft, Danaher, and DoorDash have shown weak year-to-date performance, which can drag on overall returns.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, meaning more of the returns are used to cover fees instead of going to investors.
PRCS vs. SPDR S&P 500 ETF (SPY)
AUM182.38M
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. Volume25,632
30 Day Avg. Volume32,002
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
35.17Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PRCS Summary
Parnassus Core Select ETF (PRCS) is a U.S. stock fund that focuses on large, well-established companies and follows a core “quality and sustainability” theme rather than a specific index. It mainly holds big names like Microsoft and Alphabet (Google), along with other large firms across technology, consumer, industrial, and financial sectors. Someone might invest in PRCS to get diversified exposure to many leading U.S. companies in a single fund, with an added tilt toward long-term, responsible businesses. A key risk is that it is heavily invested in large U.S. stocks, especially tech, so its price can rise and fall sharply with that part of the 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 leans heavily into Big Tech and semiconductors, with Nvidia and Apple doing much of the heavy lifting as their momentum in AI and devices keeps the fund’s tech engine humming. Microsoft and Alphabet, while still core pillars, have been more mixed lately, losing a bit of steam and softening the overall ride. Applied Materials adds another punchy chip angle but has seen choppier action. Outside tech, steady names like Waste Management and Deere help balance the picture. The portfolio is almost entirely U.S.-focused, keeping its story firmly tied to the American large-cap landscape.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Microsoft | 10.67% | $19.65M | $3.71T | -3.01% | 79 Outperform | |
| Alphabet Class A | 8.13% | $14.96M | $4.33T | 77.87% | 85 Outperform | |
| Nvidia | 7.49% | $13.80M | $5.42T | 19.49% | 76 Outperform | |
| Amazon | 6.93% | $12.76M | $2.96T | 25.66% | 71 Outperform | |
| Danaher | 5.37% | $9.88M | $143.94B | 4.81% | 75 Outperform | |
| Applied Materials | 4.54% | $8.37M | $428.06B | 183.18% | 77 Outperform | |
| Waste Management | 4.21% | $7.75M | $91.01B | -4.43% | 76 Outperform | |
| Deere | 3.98% | $7.33M | $167.59B | 20.18% | 66 Neutral | |
| Apple | 3.55% | $6.54M | $4.57T | 35.69% | 79 Outperform | |
| DoorDash | 3.39% | $6.24M | $93.71B | -18.05% | 76 Outperform |
PRCS Technical Analysis
Positive
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Price Trends
28.41
Positive
27.65
Positive
27.18
Positive
Market Momentum
0.40
Negative
63.73
Neutral
73.10
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 28.83, equal to the 50-day MA of 28.41, and equal to the 200-day MA of 27.18, indicating a bullish trend. The MACD of 0.40 indicates Negative momentum. The RSI at 63.73 is Neutral, neither overbought nor oversold. The STOCH value of 73.10 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
29.60
3.68
14.20%
DSPY
Tema S&P 500 Historical Weight ETF Strategy
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FTQI
First Trust Hedged BuyWrite Income ETF
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INFO
Harbor PanAgora Dynamic Large Cap Core ETF
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NBCR
Neuberger Berman Core Equity ETF
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AFLG
First Trust Active Factor Large Cap 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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