Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), VISA (NYSE:V), Tesla (NASDAQ:TSLA), Mastercard (NYSE:MA), Chevron Corp (NYSE:CVX), Netflix (NASDAQ:NFLX), Adobe (NASDAQ:ADBE), Caterpillar (NYSE:CAT).
Industry description
The investment seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an equity index called The Growth Strength Index.
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks and real estate investment trusts (“REITs”) that comprise the index. The index seeks to provide exposure to a mix of domestic equities with filters for liquidity, return on equity, long-term debt, revenue and cash flow growth. It is non-diversified.
Market Cap
The average market capitalization across the First Trust Growth Strength ETF ETF is 246.02B. The market cap for tickers in the group ranges from 15.62B to 3.59T. NVDA holds the highest valuation in this group at 3.59T. The lowest valued company is CF at 15.62B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Growth Strength ETF ETF was 21%. For the same ETF, the average monthly price growth was 51%, and the average quarterly price growth was 86%. TSLA experienced the highest price growth at 31%, while ENPH experienced the biggest fall at -33%.
Volume
The average weekly volume growth across all stocks in the First Trust Growth Strength ETF ETF was 38%. For the same stocks of the ETF, the average monthly volume growth was 21% and the average quarterly volume growth was -4%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 70
P/E Growth Rating: 53
Price Growth Rating: 39
SMR Rating: 38
Profit Risk Rating: 22
Seasonality Score: 28 (-100 ... +100)