Notable companies
The most notable companies in this group are Tesla (NASDAQ:TSLA), Exxon Mobil Corp (NYSE:XOM), Unitedhealth Group (NYSE:UNH), Johnson & Johnson (NYSE:JNJ), Merck & Co (NYSE:MRK), ABBVIE (NYSE:ABBV), Chevron Corp (NYSE:CVX), International Business Machines Corp (NYSE:IBM), McDonald's Corp (NYSE:MCD), Cisco Systems (NASDAQ:CSCO).
Industry description
The investment seeks to provide a consistent negative beta exposure to the U.S. equity market.
The fund will invest primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. It will construct a dollar neutral portfolio of long and short positions of U.S. equities by investing primarily in the constituent securities of the Dow Jones U.S. Thematic Market Neutral Low Beta Index in approximately the same weight as they appear in the index. The universe for the index is comprised of the top 1,000 eligible securities by market capitalization, including REITs.
Market Cap
The average market capitalization across the AGF U.S. Market Neutral Anti-Beta ETF is 34.27B. The market cap for tickers in the group ranges from 1.28B to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is WOLF at 1.28B.
High and low price notable news
The average weekly price growth across all stocks in the AGF U.S. Market Neutral Anti-Beta ETF was 35%. For the same ETF, the average monthly price growth was 129%, and the average quarterly price growth was 363%. NVCR experienced the highest price growth at 48%, while GXO experienced the biggest fall at -16%.
Volume
The average weekly volume growth across all stocks in the AGF U.S. Market Neutral Anti-Beta ETF was 29%. For the same stocks of the ETF, the average monthly volume growth was 10% and the average quarterly volume growth was 31%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 54
Price Growth Rating: 42
SMR Rating: 60
Profit Risk Rating: 51
Seasonality Score: 18 (-100 ... +100)