Notable companies
The most notable companies in this group are Block (NYSE:SQ).
Industry description
The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Digital Assets Equity Index.
The fund normally invests at least 80% of its total assets in securities of Digital Transformation Companies. The index is a global index that tracks the performance of Digital Transformation Companies. The fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. It also will not invest in initial coin offerings. The fund is non-diversified.
Market Cap
The average market capitalization across the VanEck Digital Trfmt ETF ETF is 9.76B. The market cap for tickers in the group ranges from 65.2M to 64.23B. COIN holds the highest valuation in this group at 64.23B. The lowest valued company is BKKT at 65.2M.
High and low price notable news
The average weekly price growth across all stocks in the VanEck Digital Trfmt ETF ETF was 6%. For the same ETF, the average monthly price growth was 31%, and the average quarterly price growth was 74%. CAN experienced the highest price growth at 31%, while WULF experienced the biggest fall at -13%.
Volume
The average weekly volume growth across all stocks in the VanEck Digital Trfmt ETF ETF was -3%. For the same stocks of the ETF, the average monthly volume growth was 15% and the average quarterly volume growth was 54%
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: 67
Price Growth Rating: 38
SMR Rating: 83
Profit Risk Rating: 82
Seasonality Score: 22 (-100 ... +100)