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PRCS - ETF AI Analysis

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PRCS

Parnassus Core Select ETF (PRCS)

Rating:74Outperform
Price Target:
PRCS, the Parnassus Core Select ETF, earns a solid overall rating largely because it is anchored by high-quality tech leaders like Alphabet and Microsoft, which show strong financial performance and promising growth in cloud and AI. Other major positions such as Nvidia, Apple, and Applied Materials further support the fund’s quality through robust earnings and long-term growth themes, though their rich valuations and some bearish or overbought technical signals introduce risk. The main risk factor is the fund’s heavy concentration in large technology and growth-oriented names, where high valuations and occasional short-term weakness, along with company-specific challenges at holdings like Amazon and Deere, can weigh on the rating.
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)

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 is leaning heavily on Big Tech, with Applied Materials and Nvidia doing much of the heavy lifting as chip and AI demand keeps them rising. Alphabet and Apple are more of a steady breeze than a strong tailwind, while Microsoft and Amazon have been wobbling lately, occasionally tugging on returns instead of boosting them. Outside tech, Deere and Linde are quiet but helpful contributors, giving the fund some industrial ballast. Overall, this is a U.S.-centric, tech-tilted portfolio where a handful of giants largely set the tone.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Microsoft8.75%$14.89M$2.90T-25.31%
79
Outperform
Alphabet Class A8.26%$14.07M$4.16T65.32%
85
Outperform
Nvidia7.76%$13.21M$5.13T20.16%
76
Outperform
Amazon6.49%$11.04M$2.63T0.62%
71
Outperform
Applied Materials5.13%$8.73M$439.79B199.17%
77
Outperform
Danaher4.88%$8.30M$125.93B-5.08%
75
Outperform
Waste Management4.66%$7.94M$94.92B2.89%
76
Outperform
Deere4.22%$7.18M$163.94B18.53%
66
Neutral
Apple3.99%$6.80M$4.79T50.48%
79
Outperform
Linde3.20%$5.44M$235.31B7.88%
66
Neutral

PRCS Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price
Price Trends
50DMA
27.99
Negative
100DMA
27.19
Positive
200DMA
26.97
Positive
Market Momentum
MACD
0.06
Positive
RSI
40.87
Neutral
STOCH
6.75
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PRCS, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 28.43, equal to the 50-day MA of 27.99, and equal to the 200-day MA of 26.97, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 40.87 is Neutral, neither overbought nor oversold. The STOCH value of 6.75 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for PRCS.

PRCS Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$170.21M0.58%
74
Outperform
$973.55M0.18%
73
Outperform
$956.26M0.98%
69
Neutral
$929.63M0.75%
71
Outperform
$838.50M0.29%
73
Outperform
$837.68M0.35%
75
Outperform
Performance Comparison
Ticker
Company Name
Price
Change
% Change
PRCS
Parnassus Core Select ETF
27.79
1.66
6.35%
DSPY
Tema S&P 500 Historical Weight ETF Strategy
OMAH
VistaShares Target 15 Berkshire Select Income ETF
FTQI
First Trust Hedged BuyWrite Income ETF
NBCR
Neuberger Berman Core Equity ETF
INFO
Harbor PanAgora Dynamic Large Cap Core 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.
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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