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PRCS - ETF AI Analysis
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Parnassus Core Select ETF (PRCS)
Rating:72Outperform
Price Target:―
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)
AUM85.83M
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. Volume44,955
30 Day Avg. Volume33,106
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
31.76Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering26
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 Alphabet and Microsoft leading the charge. Alphabet’s rising performance, fueled by AI and cloud innovations, has been a bright spot, while Microsoft’s mixed signals reflect some recent struggles despite its long-term potential. Nvidia, another tech heavyweight, has shown steady growth but faces valuation concerns that could cap its upside. Outside of tech, Applied Materials has been a standout, surging on strong earnings, while Danaher’s mixed results and challenges in key markets have held it back. Overall, the fund’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 |
|---|---|---|---|---|---|---|
| Alphabet Class A | 9.39% | $8.16M | $3.71T | 60.47% | 85 Outperform | |
| Microsoft | 9.34% | $8.11M | $3.61T | 11.30% | 79 Outperform | |
| Amazon | 7.22% | $6.27M | $2.43T | 1.08% | 71 Outperform | |
| Nvidia | 6.92% | $6.01M | $4.40T | 34.36% | 76 Outperform | |
| Danaher | 6.40% | $5.56M | $158.82B | -1.62% | 75 Outperform | |
| Applied Materials | 6.15% | $5.34M | $203.32B | 56.74% | 77 Outperform | |
| Waste Management | 4.58% | $3.97M | $87.16B | 5.11% | 76 Outperform | |
| Deere | 4.27% | $3.71M | $127.26B | 8.80% | 66 Neutral | |
| Salesforce | 3.38% | $2.93M | $243.54B | -24.37% | 80 Outperform | |
| Mastercard | 3.37% | $2.92M | $513.86B | 8.37% | 75 Outperform |
PRCS Technical Analysis
Positive
―
Price Trends
26.45
Positive
26.20
Positive
25.12
Positive
Market Momentum
0.04
Positive
52.96
Neutral
20.00
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 26.66, equal to the 50-day MA of 26.45, and equal to the 200-day MA of 25.12, indicating a bullish trend. The MACD of 0.04 indicates Positive momentum. The RSI at 52.96 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 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
26.68
2.27
9.30%
BCUS
Bancreek U.S. Large Cap ETF
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―
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HUSV
First Trust Horizon Managed Volatility Domestic ETF
―
―
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UPSD
Aptus Large Cap Upside ETF
―
―
―
LVDS
JPMorgan Fundamental Data Science Large Value ETF
―
―
―
EGGY
NestYield Dynamic Income Shield 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.
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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