Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), Unitedhealth Group (NYSE:UNH), Mastercard (NYSE:MA), Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), Oracle Corp (NYSE:ORCL), ABBVIE (NYSE:ABBV).
Industry description
The investment seeks investment results that correspond generally to the price and yield of an equity index called the Bloomberg New Constructs Core Earnings Leaders Index.
Under normal market conditions, the fund will invest at least 80% of its net assets in the securities that comprise the index. The index seeks to track the performance of companies that have high earnings quality. Specifically, the top companies within each sector that have the highest “Earnings Capture” metric are eligible for inclusion for a total of 100 companies in the index. The fund is non-diversified.
Market Cap
The average market capitalization across the First Trust New Cstrcts Cr Erns Ldrs ETF ETF is 160.16B. The market cap for tickers in the group ranges from 17.6B to 2.86T. NVDA holds the highest valuation in this group at 2.86T. The lowest valued company is HOOD at 17.6B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust New Cstrcts Cr Erns Ldrs ETF ETF was 2%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was -3%. DIS experienced the highest price growth at 15%, while VRTX experienced the biggest fall at -15%.
Volume
The average weekly volume growth across all stocks in the First Trust New Cstrcts Cr Erns Ldrs ETF ETF was -27%. For the same stocks of the ETF, the average monthly volume growth was -69% and the average quarterly volume growth was -10%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 62
P/E Growth Rating: 53
Price Growth Rating: 43
SMR Rating: 50
Profit Risk Rating: 43
Seasonality Score: 14 (-100 ... +100)