Summary
Parnassus Income Funds - Parnassus Core Select ETF is an ETF - a fund traded on an exchange like a stock - run by Parnassus. Positions inside: 27. The ten largest make up 59% of the fund.
- Yearly costs
- 0.58%
- Fund size
- $180.4M
- Positions
- 27
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 59% of the fund, so its result rests on a few names.
- 97% of the fund is in one country (United States).
- Costs of 0.58% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
- It trades little: only about $771.0K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.5%
- 3 months
- +2.8%
- This year
- +8.5%
- 1 year
- +11%
- Avg. market cap
- $1.75T
- P/E
- 27.5x
- Forward P/E
- 23.6x
- P/S
- 5.3x
- P/B
- 6.2x
- P/FCF
- 31.0x
- EV/EBITDA
- 18.9x
- Dividend yield
- 0.71%
- ROIC
- 20.0%
- ROE
- 48.9%
- Gross margin
- 55.2%
- Operating margin
- 31.4%
- Net margin
- 28.1%
- Payout ratio
- 19.6%
- Net debt/EBITDA
- 1.2x
- Beta
- 0.88
Weighted average of the 26 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 MSMicrosoft MSFT 11%
- 2 GOAlphabet GOOGL 7.9%
- 3 NVNvidia NVDA 7.6%
- 4 AMAmazon AMZN 6.4%
- 5 DHDanaher DHR 5.9%
- 6 DEDeere & Co. DE 4.2%
- 7 WMWaste Management WM 4.2%
- 8 AAApple AAPL 4.1%
- 9 AMApplied Materials AMAT 3.7%
- 10 MAMastercard MA 3.5%
Positions in the fund: 27. The ten largest make up 59% of it.
Composition as of Oct 19, 2026.
Where is it spread?
One countryBy sector
- Technology 32%
- Industrials 16%
- Consumer cyclical 14%
- Financials 12%
- Communication services 11%
- Other 16%
By country
- United States 97%
- United Kingdom 2.9%
- Other countries 0.3%
By company size
- Mega cap 59%
- Large cap 41%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Technology (32%). Largest country: United States (97%). Largest size group: Mega cap (59%).
What does it cost me?
Expensive- A year from $10,000
- $58.00
- Over 20 years
- $2,782
From every $10,000 invested the fund takes $58.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,782.
How has it done?
Growing over the long run- Over the last year
- +11%
- Deepest drop
- -18%
- Yearly volatility
- 14%
Growth over the last year: 11%. Deepest drop in these years: 18% below the earlier high.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $771.0K
- Shares a day
- 26K
On an average day about $771.0K of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 27.5
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 5.1%
- Fairly valued 4.2%
- Overvalued 91%
On average the companies inside trade for 27.5 times their yearly profit. By Fair Price, 91% of the rated weight comes out as overvalued.
Counted from its largest companies (26), which make up 100% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.6M | - | Pays out | 62% |
SE SEMG Suncoast Select Growth ETF | United States | 0.60% | $64.3M | +4.8% | Pays out | 49% |
SP SPIN State Street US Equity Premium Income ETF | United States | 0.25% | $46.1M | +5.0% | Pays out | 46% |
QG QGRW WisdomTree U.S. Quality Growth Fund | United States | 0.28% | $2.25B | +17% | Pays out | 45% |
BI BIGY YieldMax Target 12 Big 50 Option Income ETF | United States | 1.09% | $53.8M | -1.9% | Pays out | 45% |
AB ABIG Argent Large Cap ETF | United States | 0.49% | $60.7M | +11% | Pays out | 45% |