ETLGX E*TRADE No Fee Large Cap Index Forecast, Technical & Fundamental Analysis

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Alphabet (NASDAQ:GOOG), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Broadcom Inc. (NASDAQ:AVGO), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Micron Technology (NASDAQ:MU).

The investment seeks to track, as closely as possible, before fees and expenses, if any, the performance of the Solactive GBS United States 500 Index. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities included in the underlying index. The index intends to track the performance of the largest 500 companies from the U.S. stock market and is based on the Solactive Global Benchmark Series.

The average market capitalization across the E*TRADE No Fee Large Cap Index MF is 3.06T. The market cap for tickers in the group ranges from 1.08T to 5.25T. NVDA holds the highest valuation in this group at 5.25T. The lowest valued company is MU at 1.08T.

The average weekly volume growth across all stocks in the E*TRADE No Fee Large Cap Index MF was 42%. For the same stocks of the MF, the average monthly volume growth was -29% and the average quarterly volume growth was -28%