Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), VISA (NYSE:V), Eli Lilly & Co (NYSE:LLY), Johnson & Johnson (NYSE:JNJ), Home Depot (NYSE:HD), Procter & Gamble Company (NYSE:PG), Unitedhealth Group (NYSE:UNH), Merck & Co (NYSE:MRK).
Industry description
The investment seeks to provide investment results that correspond to the total return of low volatility U.S. stocks.
The fund normally invests at least 80% of assets in U.S. equity securities included in the Fidelity U.S. Low Volatility Focus Index℠, which represents the performance of a broad range of U.S. equities that in the aggregate have lower volatility relative to the broader U.S. equity market.
Market Cap
The average market capitalization across the Fidelity SAI US LowVolatility Idx MF is 1.05T. The market cap for tickers in the group ranges from 210.34B to 3.87T. MSFT holds the highest valuation in this group at 3.87T. The lowest valued company is MRK at 210.34B.
Volume
The average weekly volume growth across all stocks in the Fidelity SAI US LowVolatility Idx MF was 7%. For the same stocks of the MF, the average monthly volume growth was 52% and the average quarterly volume growth was 53%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 64
Price Growth Rating: 46
SMR Rating: 26
Profit Risk Rating: 35
Seasonality Score: -44 (-100 ... +100)