Notable companies
The most notable companies in this group are Apple (NASDAQ:AAPL), VISA (NYSE:V), JPMorgan Chase & Co (NYSE:JPM), Unitedhealth Group (NYSE:UNH), Mastercard (NYSE:MA), Costco Wholesale Corp (NASDAQ:COST), GE Aerospace (NYSE:GE), TJX Companies (NYSE:TJX), Illinois Tool Works (NYSE:ITW), McKesson Corp (NYSE:MCK).
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 Low Volatility 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 stocks comprising the NASDAQ U.S. Large Mid Cap Index TM that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength."
Market Cap
The average market capitalization across the FirstTrustDorseyWrightMomt&LwVolatil ETF ETF is 141.89B. The market cap for tickers in the group ranges from 5.94B to 2.62T. AAPL holds the highest valuation in this group at 2.62T. 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 FirstTrustDorseyWrightMomt&LwVolatil ETF ETF was 9%. For the same ETF, the average monthly price growth was 25%, and the average quarterly price growth was 67%. DTM experienced the highest price growth at 5%, while BAH experienced the biggest fall at -16%.
Volume
The average weekly volume growth across all stocks in the FirstTrustDorseyWrightMomt&LwVolatil ETF ETF was -10%. For the same stocks of the ETF, the average monthly volume growth was 9% and the average quarterly volume growth was 8%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 72
P/E Growth Rating: 45
Price Growth Rating: 34
SMR Rating: 42
Profit Risk Rating: 15
Seasonality Score: 13 (-100 ... +100)