NWAVX Nationwide GQG US Quality Eq R6 Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), VISA (NYSE:V), Eli Lilly & Co (NYSE:LLY), Uber Technologies (NYSE:UBER).

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. issuers. Equity securities that the fund buys primarily are common stocks of large-cap companies, i.e., those with market capitalizations similar to those of companies included in the S&P 500 Index. It may invest in equity securities of foreign companies in both developed and emerging markets. The fund is non-diversified.

The average market capitalization across the Nationwide GQG US Quality Eq R6 MF is 1.59T. The market cap for tickers in the group ranges from 203.54B to 4.33T. NVDA holds the highest valuation in this group at 4.33T. The lowest valued company is UBER at 203.54B.

The average weekly volume growth across all stocks in the Nationwide GQG US Quality Eq R6 MF was -4%. For the same stocks of the MF, the average monthly volume growth was 10% and the average quarterly volume growth was -14%