Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), VISA (NYSE:V), JPMorgan Chase & Co (NYSE:JPM), Exxon Mobil Corp (NYSE:XOM), Unitedhealth Group (NYSE:UNH), Procter & Gamble Company (NYSE:PG).
Industry description
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates℠.
The fund normally invests at least 80% of assets in securities included in the underlying index and in depository receipts representing securities included in the underlying index. The underlying index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.
Market Cap
The average market capitalization across the Fidelity Dividend ETF for Rising Rates ETF is 225.27B. The market cap for tickers in the group ranges from 64.65K to 3.58T. NVDA holds the highest valuation in this group at 3.58T. The lowest valued company is BAYN at 64.65K.
High and low price notable news
The average weekly price growth across all stocks in the Fidelity Dividend ETF for Rising Rates ETF was 16%. For the same ETF, the average monthly price growth was 26%, and the average quarterly price growth was 83%. TKO experienced the highest price growth at 13%, while LLY experienced the biggest fall at -7%.
Volume
The average weekly volume growth across all stocks in the Fidelity Dividend ETF for Rising Rates ETF was 5%. For the same stocks of the ETF, the average monthly volume growth was 16% and the average quarterly volume growth was 3%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 54
P/E Growth Rating: 48
Price Growth Rating: 41
SMR Rating: 44
Profit Risk Rating: 41
Seasonality Score: 37 (-100 ... +100)