PRVS ETF — Parnassus Value Select ETF

Parnassus Value Select ETF (PRVS)

Updated October 16, 2026.

PRVS is an ETF. its trailing-12-month yield is 0.52%, its expense ratio is 0.59%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 31.2% over the past 1.8 years, 2.0 points ahead of SPY at 29.2%.

Parnassus Value Select ETF is an actively managed equity fund that seeks capital appreciation by investing in a concentrated portfolio of stocks selected through a value-focused strategy, with at least 80% of assets in equitable securities. The fund carries a modest expense ratio of 0.59% and makes annual distributions; note that the latest distribution was special and may not recur regularly. This fund appeals to value-oriented investors seeking concentrated equity exposure with active management.

PRVS performance versus SPY

Price and return data through 2026-10-16.

Total return is 31.2% over the past 1.8 years, 2.0 points ahead of SPY at 29.2%. Over the past year its total return — price change plus distributions reinvested — is 21.9%. Its deepest 1-year drawdown was 9.3%.

PRVS key facts

Distribution Safety Score™

50 · Unproven

Issuer

Parnassus

Asset type

ETF

Asset class

Equity

Inception date

12/11/2024

Expense ratio

0.59%

Distribution frequency

Annual

Trailing yield

0.52%

Last close

$32.54 (as of 2026-10-16)

AUM

$27,757,590

Average volume

3123.0

Dividend

$0.169

Ex-dividend date

12/19/2025

Payment date

12/26/2025

Beta

0.9066

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.52%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Parnassus; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PRVS risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.3%.

Who may consider PRVS — and who may not

It is a weaker fit for investors who need monthly cash flow (PRVS pays annual). This is educational context, not a recommendation to buy or sell.

More on PRVS

• All tickers starting with P

Tagged: Value.

Frequently asked questions

More securities from Parnassus.