Notable companies
The most notable companies in this group are Uber Technologies (NYSE:UBER), Nutanix (NASDAQ:NTNX), NRG Energy (NYSE:NRG), Elanco Animal Health (NYSE:ELAN), Rithm Capital Corp (NYSE:RITM), SLM Corp (NASDAQ:SLM).
Industry description
The investment seeks long-term capital appreciation when the broad U.S. equity market is in an uptrend; it's secondary objective is to limit drawdowns during broad U.S. equity market downtrends.
To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.
Market Cap
The average market capitalization across the Adaptiv™ Select ETF ETF is 22.14B. The market cap for tickers in the group ranges from 1.99B to 160.26B. UBER holds the highest valuation in this group at 160.26B. The lowest valued company is RKT at 1.99B.
High and low price notable news
The average weekly price growth across all stocks in the Adaptiv™ Select ETF ETF was -0%. For the same ETF, the average monthly price growth was 8%, and the average quarterly price growth was 15%. AFRM experienced the highest price growth at 21%, while RKT experienced the biggest fall at -14%.
Volume
The average weekly volume growth across all stocks in the Adaptiv™ Select ETF ETF was 15%. For the same stocks of the ETF, the average monthly volume growth was 110% and the average quarterly volume growth was 66%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 63
P/E Growth Rating: 63
Price Growth Rating: 41
SMR Rating: 62
Profit Risk Rating: 68
Seasonality Score: 23 (-100 ... +100)