Notable companies
The most notable companies in this group are Eli Lilly & Co (NYSE:LLY), Unitedhealth Group (NYSE:UNH), Johnson & Johnson (NYSE:JNJ), Merck & Co (NYSE:MRK), ABBVIE (NYSE:ABBV), Abbott Laboratories (NYSE:ABT), Pfizer (NYSE:PFE), Amgen (NASDAQ:AMGN), Intuitive Surgical (NASDAQ:ISRG), Elevance Health (NYSE:ELV).
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 StrataQuant® Health Care Index.
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index. The index is a modified equal-dollar weighted index to objectively identify and select stocks from the Russell 1000® Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX® selection methodology.
Market Cap
The average market capitalization across the First Trust Health Care AlphaDEX® ETF ETF is 64.1B. The market cap for tickers in the group ranges from 2.32B to 739.66B. LLY holds the highest valuation in this group at 739.66B. The lowest valued company is TNDM at 2.32B.
High and low price notable news
The average weekly price growth across all stocks in the First Trust Health Care AlphaDEX® ETF ETF was 16%. For the same ETF, the average monthly price growth was 41%, and the average quarterly price growth was 72%. HSIC experienced the highest price growth at 9%, while INCY experienced the biggest fall at -12%.
Volume
The average weekly volume growth across all stocks in the First Trust Health Care AlphaDEX® ETF ETF was -3%. For the same stocks of the ETF, the average monthly volume growth was 28% and the average quarterly volume growth was 47%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 52
P/E Growth Rating: 61
Price Growth Rating: 53
SMR Rating: 64
Profit Risk Rating: 60
Seasonality Score: 42 (-100 ... +100)