Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), Goldman Sachs Group (NYSE:GS), Capital One Financial (NYSE:COF), Bank of New York Mellon Corp (NYSE:BK), Delta Air Lines (NYSE:DAL), United Airlines Holdings (NASDAQ:UAL), Synchrony Financial (NYSE:SYF), NRG Energy (NYSE:NRG).
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 Value TM Index (the "index").
Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 most undervalued stocks comprising the NASDAQ U.S. Large Mid Cap Index TM that exhibit high levels of "relative strength."
Market Cap
The average market capitalization across the First Trust Dorsey Wright Momt & Val ETF ETF is 39.21B. The market cap for tickers in the group ranges from 5.74B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is SNV at 5.74B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Dorsey Wright Momt & Val ETF ETF was 4%. For the same ETF, the average monthly price growth was 13%, and the average quarterly price growth was -8%. NRG experienced the highest price growth at 34%, while TMUS experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the First Trust Dorsey Wright Momt & Val ETF ETF was 38%. For the same stocks of the ETF, the average monthly volume growth was 9% 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: 62
P/E Growth Rating: 49
Price Growth Rating: 51
SMR Rating: 49
Profit Risk Rating: 26
Seasonality Score: 10 (-100 ... +100)