Notable companies
The most notable companies in this group are Freeport-McMoran (NYSE:FCX), Newmont Corp (NYSE:NEM), Dow (NYSE:DOW), Nucor Corp (NYSE:NUE), DuPont de Nemours (NYSE:DD), CF Industries Holding (NYSE:CF), Alcoa Corp (NYSE:AA), Mosaic Company (The) (NYSE:MOS), United States Steel Corp (NYSE:X), Cleveland-Cliffs (NYSE:CLF).
Industry description
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Materials 25/50 Index.
The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Materials 25/50 Index, which represents the performance of the materials sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Materials 25/50 Index. The fund is non-diversified.
Market Cap
The average market capitalization across the Fidelity MSCI Materials ETF ETF is 12.48B. The market cap for tickers in the group ranges from 256.53M to 223.16B. LIN holds the highest valuation in this group at 223.16B. The lowest valued company is PLL at 256.53M.
High and low price notable news
The average weekly price growth across all stocks in the Fidelity MSCI Materials ETF ETF was -3%. For the same ETF, the average monthly price growth was -5%, and the average quarterly price growth was 1%. OEC experienced the highest price growth at 13%, while DNA experienced the biggest fall at -25%.
Volume
The average weekly volume growth across all stocks in the Fidelity MSCI Materials ETF ETF was 11%. For the same stocks of the ETF, the average monthly volume growth was 41% and the average quarterly volume growth was 41%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 55
P/E Growth Rating: 47
Price Growth Rating: 52
SMR Rating: 65
Profit Risk Rating: 56
Seasonality Score: 37 (-100 ... +100)