FMXKX Federated Hermes Max-Cap Index R Forecast, Technical & Fundamental Analysis

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

The investment seeks to provide investment results that generally correspond to the aggregate price and performance of publicly traded common stocks comprising the Standard & Poor's 500 Index. The fund invests its assets primarily in common stocks included in the Standard & Poor's 500 Index. The index is a broad-based market index that measures the performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. It may invest in derivative contracts (such as, for example, futures contracts), to implement its investment strategies.

The average market capitalization across the Federated Hermes Max-Cap Index R MF is 2.78T. The market cap for tickers in the group ranges from 1.08T to 4.39T. NVDA holds the highest valuation in this group at 4.39T. The lowest valued company is TSLA at 1.08T.

The average weekly volume growth across all stocks in the Federated Hermes Max-Cap Index R MF was 56%. For the same stocks of the MF, the average monthly volume growth was 16% and the average quarterly volume growth was -32%