Notable companies
The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Freeport-McMoran (NYSE:FCX), Valero Energy Corp (NYSE:VLO), Vale SA (NYSE:VALE), Diamondback Energy (NASDAQ:FANG).
Industry description
The investment seeks long-term capital appreciation; income is a secondary consideration.
Under normal conditions, the fund invests at least 80% of its net assets in securities of "global resource" companies and instruments that derive their value from "global resources". Global resources include precious metals (including gold), base and industrial metals, energy, natural resources and other commodities. A global resource company is a company that derives, directly or indirectly, at least 50% of its revenues from exploration, development, production, distribution or facilitation of processes relating to global resources.
Market Cap
The average market capitalization across the VanEck Global Resources Fund I MF is 127.74B. The market cap for tickers in the group ranges from 8.17B to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is PPC at 8.17B.
Volume
The average weekly volume growth across all stocks in the VanEck Global Resources Fund I MF was 8%. For the same stocks of the MF, the average monthly volume growth was 42% and the average quarterly volume growth was 8%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 49
P/E Growth Rating: 17
Price Growth Rating: 49
SMR Rating: 55
Profit Risk Rating: 33
Seasonality Score: -17 (-100 ... +100)