PRCS - ETF AI Analysis

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Parnassus Core Select ETF (PRCS)

Rating:74Outperform

Price Target:―

PRCS, the Parnassus Core Select ETF, has a solid overall rating driven mainly by large positions in high-quality companies like Alphabet (GOOGL) and Microsoft (MSFT), which benefit from strong financial performance and long-term growth potential in AI and cloud services. Additional support comes from holdings like Nvidia (NVDA) and Intercontinental Exchange (ICE), which also show strong fundamentals and strategic growth initiatives, though often at rich valuations. The main risks are elevated valuations across several major holdings and some weaker spots such as Deere (DE) and Home Depot (HD), where leverage, sector challenges, and technical weakness may limit upside and add volatility.

Positive Factors

Strong Recent Performance

The ETF has shown steady gains over the past month and quarter, indicating positive recent momentum.

Leading Technology Exposure

A large allocation to major technology companies, including several strong-performing chip and software names, has supported returns.

Broad Sector Mix

Holdings spread across technology, financials, consumer, health care, industrials, and other sectors help reduce reliance on any single part of the market.

Negative Factors

High Expense Ratio

The fund’s fee is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost options.

Concentrated in U.S. Stocks

With almost all assets in U.S. companies, the ETF offers limited diversification across global markets.

Mixed Performance Among Top Holdings

Some of the largest positions, including major technology names, have shown weak year-to-date performance, which can drag on overall results if the trend continues.

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

AUM108.00M

RegionNorth America

Expense Ratio0.58%

Beta0.91

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. Volume55,052

30 Day Avg. Volume46,072

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

32.25

Price 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 (no set index) that invests mainly in large, well-known U.S. companies across many sectors, with a tilt toward technology. Its holdings include big names like Microsoft and Alphabet (Google), along with other established businesses in finance, health care, and consumer goods. Investors might consider PRCS for long-term growth and diversification, plus an emphasis on quality and sustainability-focused companies. A key risk is that it is heavily invested in large U.S. tech-related stocks, so its price can rise or fall sharply if that part of the market struggles.

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 U.S. mega-cap tech, with Alphabet and Amazon doing much of the heavy lifting as their shares keep rising on the back of AI, cloud, and e-commerce strength. Applied Materials has been a standout, turbocharging returns as chip demand stays hot, while Nvidia’s recent wobble means its once-blazing momentum is cooling a bit. Microsoft is surprisingly lagging in the short term, acting more like a brake than an engine. Outside tech, steady names like Danaher and Deere add balance but don’t drive the story.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
GOOGL	Alphabet Class A	10.03%	$10.87M	$3.91T	73.93%	85 Outperform
AMAT	Applied Materials	8.05%	$8.73M	$255.73B	79.99%	77 Outperform
MSFT	Microsoft	8.05%	$8.73M	$2.98T	0.33%	79 Outperform
NVDA	Nvidia	7.37%	$8.00M	$4.51T	42.28%	76 Outperform
AMZN	Amazon	6.71%	$7.28M	$2.25T	-10.47%	71 Outperform
DHR	Danaher	6.25%	$6.78M	$153.00B	6.47%	75 Outperform
DE	Deere	4.90%	$5.31M	$158.07B	24.62%	66 Neutral
WM	Waste Management	4.63%	$5.02M	$91.37B	1.95%	76 Outperform
ICE	Intercontinental Exchange	3.66%	$3.97M	$95.97B	1.41%	80 Outperform
BAC	Bank of America	3.47%	$3.76M	$407.72B	20.87%	72 Outperform

PRCS Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

27.09

Negative

100DMA

26.67

Positive

200DMA

25.88

Positive

Market Momentum

MACD

-0.11

Positive

RSI

42.52

Neutral

STOCH

14.53

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 27.35, equal to the 50-day MA of 27.09, and equal to the 200-day MA of 25.88, indicating a neutral trend. The MACD of -0.11 indicates Positive momentum. The RSI at 42.52 is Neutral, neither overbought nor oversold. The STOCH value of 14.53 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
PRCS	―	―	$108.00M	0.58%	―
NBCR	―	―	$877.72M	0.29%	―
MODL	―	―	$806.53M	0.46%	―
DSPY	―	―	$787.75M	0.18%	―
FTQI	―	―	$772.53M	0.76%	―
BALI	―	―	$765.52M	0.35%	―

Performance Comparison

PRCS

Parnassus Core Select ETF

26.77

1.95

7.86%

NBCR

Neuberger Berman Core Equity ETF

―

MODL

VictoryShares WestEnd U.S. Sector ETF

―

DSPY

Tema S&P 500 Historical Weight ETF Strategy

―

FTQI

First Trust Hedged BuyWrite Income ETF

―

BALI

BlackRock Advantage Large Cap Income 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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