Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Meta Platforms (NASDAQ:META), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Netflix (NASDAQ:NFLX), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD), Texas Instruments (NASDAQ:TXN), QUALCOMM (NASDAQ:QCOM).
Industry description
The investment seeks results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx Metaverse Index (the “Index”).
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. The index is comprised of companies that provide services and products that support the infrastructure and applications of the Metaverse. The fund is non-diversified.
Market Cap
The average market capitalization across the First Trust Indxx Metaverse ETF ETF is 588.52B. The market cap for tickers in the group ranges from 2.52B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is TDOC at 2.52B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Indxx Metaverse ETF ETF was 0%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 8%. NFLX experienced the highest price growth at 4%, while U experienced the biggest fall at -15%.
Volume
The average weekly volume growth across all stocks in the First Trust Indxx Metaverse ETF ETF was 19%. For the same stocks of the ETF, the average monthly volume growth was 9% and the average quarterly volume growth was -8%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 62
P/E Growth Rating: 67
Price Growth Rating: 44
SMR Rating: 55
Profit Risk Rating: 45
Seasonality Score: 29 (-100 ... +100)