Notable companies
The most notable companies in this group are Broadcom Inc. (NASDAQ:AVGO), JPMorgan Chase & Co (NYSE:JPM), Caterpillar (NYSE:CAT), ConocoPhillips (NYSE:COP), Lowe's Companies (NYSE:LOW), Dell Technologies (NYSE:DELL), Illinois Tool Works (NYSE:ITW), EOG Resources (NYSE:EOG), MARATHON PETROLEUM Corp (NYSE:MPC), Phillips 66 (NYSE:PSX).
Industry description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield TM Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is designed to track the overall performance of the 50 stocks with the highest dividend yield comprising the NASDAQ U.S. Large Mid Index TM that still maintain high levels of "relative strength."
Market Cap
The average market capitalization across the First Trust Dorsey Wright Momt & Div ETF ETF is 64.28B. The market cap for tickers in the group ranges from 5.94B to 783.21B. AVGO holds the highest valuation in this group at 783.21B. The lowest valued company is DTM at 5.94B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Dorsey Wright Momt & Div ETF ETF was 2%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 11%. AVGO experienced the highest price growth at 22%, while FANG experienced the biggest fall at -4%.
Volume
The average weekly volume growth across all stocks in the First Trust Dorsey Wright Momt & Div ETF ETF was -29%. For the same stocks of the ETF, the average monthly volume growth was 18% and the average quarterly volume growth was -69%
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: 38
Price Growth Rating: 41
SMR Rating: 37
Profit Risk Rating: 24
Seasonality Score: -12 (-100 ... +100)