Notable companies
The most notable companies in this group are Micron Technology (NASDAQ:MU), Dell Technologies (NYSE:DELL), Freeport-McMoran (NYSE:FCX), Newmont Corp (NYSE:NEM), Western Digital Corp (NASDAQ:WDC), NRG Energy (NYSE:NRG), Alcoa Corp (NYSE:AA).
Industry description
The investment seeks to track the investment results of the Barclays Fortune 500 Equal Weighted Total Return Index.
Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the underlying index, or derivatives transactions that provide investment exposure to the underlying index or securities that comprise the underlying index. The fund will concentrate its investments in securities of issuers in any one industry or group of industries to the extent that the underlying index reflects a concentration in that industry or group of industries.
Market Cap
The average market capitalization across the DoubleLine Fortune 500 Equal Weight ETF ETF is 37.98B. The market cap for tickers in the group ranges from 701.41M to 110.12B. MU holds the highest valuation in this group at 110.12B. The lowest valued company is AMRK at 701.41M.
High and low price notable news
The average weekly price growth across all stocks in the DoubleLine Fortune 500 Equal Weight ETF ETF was -1%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 4%. DELL experienced the highest price growth at 3%, while VST experienced the biggest fall at -10%.
Volume
The average weekly volume growth across all stocks in the DoubleLine Fortune 500 Equal Weight ETF ETF was 7%. For the same stocks of the ETF, the average monthly volume growth was 3% and the average quarterly volume growth was 44%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 48
P/E Growth Rating: 47
Price Growth Rating: 54
SMR Rating: 59
Profit Risk Rating: 50
Seasonality Score: -33 (-100 ... +100)