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Parnassus Value Select ETF Q2 2025 Commentary

Source: SeekingAlpha

2025-07-15 07:28:00 ET

Market Review

The Russell 1000 Value Index posted a modest gain in the second quarter, which began with a steep sell-off following President Donald Trump’s announcement of harsher-than-expected tariffs on April 2. But stocks quickly reversed course and recovered from those losses as investors cheered progress in international trade negotiations. Value stocks sharply underperformed their growth peers as investors focused on the beneficiaries of the ongoing megatrend in AI. Against this backdrop, the best-performing sectors in the Russell 1000 Value Index were Information Technology and Industrials, while Health Care and Energy performed the worst....

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Parnassus Value Select ETF Q2 2025 Commentary
PARNASSUS INCOME F

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