Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Costco Wholesale Corp (NASDAQ:COST), Advanced Micro Devices (NASDAQ:AMD).
Industry description
The investment seeks to provide investment results that correspond, before fees and expenses, to the NASDAQ-100 Index® for over-the-counter securities on a daily basis.
The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The index is a modified capitalization-weighted index composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market with capitalizations ranging from $10.4 billion to $3. The fund is non-diversified.
Market Cap
The average market capitalization across the Rydex NASDAQ-100® A MF is 1.83T. The market cap for tickers in the group ranges from 269.92B to 4.23T. NVDA holds the highest valuation in this group at 4.23T. The lowest valued company is AMD at 269.92B.
Volume
The average weekly volume growth across all stocks in the Rydex NASDAQ-100® A MF was 6%. For the same stocks of the MF, the average monthly volume growth was -23% and the average quarterly volume growth was -3%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 74
P/E Growth Rating: 53
Price Growth Rating: 29
SMR Rating: 38
Profit Risk Rating: 25
Seasonality Score: 18 (-100 ... +100)