Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), Uber Technologies (NYSE:UBER), ConocoPhillips (NYSE:COP), CVS HEALTH Corp (NYSE:CVS), Schlumberger Limited (NYSE:SLB), EOG Resources (NYSE:EOG), MARATHON PETROLEUM Corp (NYSE:MPC), McKesson Corp (NYSE:MCK), Phillips 66 (NYSE:PSX).
Industry description
The investment seeks investment results, before fees and expenses, that track the performance of the Nasdaq U.S. Large Cap Equities for Rising Rates Index.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of companies in the Nasdaq U.S. Large Cap Index whose stock prices have historically exhibited relatively high correlation to movements in interest rates. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics.
Market Cap
The average market capitalization across the ProShares Equities for Rising Rates ETF ETF is 61.2B. The market cap for tickers in the group ranges from 13.25B to 573.02B. JPM holds the highest valuation in this group at 573.02B. The lowest valued company is CPB at 13.25B.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Equities for Rising Rates ETF ETF was 2%. For the same ETF, the average monthly price growth was 6%, and the average quarterly price growth was 7%. CTVA experienced the highest price growth at 11%, while BG experienced the biggest fall at -3%.
Volume
The average weekly volume growth across all stocks in the ProShares Equities for Rising Rates ETF ETF was -9%. For the same stocks of the ETF, the average monthly volume growth was 24% and the average quarterly volume growth was 58%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 59
P/E Growth Rating: 43
Price Growth Rating: 39
SMR Rating: 57
Profit Risk Rating: 36
Seasonality Score: 9 (-100 ... +100)