Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Broadcom Inc. (NASDAQ:AVGO), Eli Lilly & Co (NYSE:LLY), Walmart (NYSE:WMT).
Industry description
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Innovative Global Equity Index.
The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.
Market Cap
The average market capitalization across the Goldman Sachs Innovate Equity ETF ETF is 89.94B. The market cap for tickers in the group ranges from 292.58K to 3.59T. NVDA holds the highest valuation in this group at 3.59T. The lowest valued company is KNOS at 292.58K.
High and low price notable news
The average weekly price growth across all stocks in the Goldman Sachs Innovate Equity ETF ETF was 1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 11%. SHOP experienced the highest price growth at 40%, while ZETA experienced the biggest fall at -44%.
Volume
The average weekly volume growth across all stocks in the Goldman Sachs Innovate Equity ETF ETF was -22%. For the same stocks of the ETF, the average monthly volume growth was 31% and the average quarterly volume growth was 17%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 61
P/E Growth Rating: 61
Price Growth Rating: 45
SMR Rating: 66
Profit Risk Rating: 63
Seasonality Score: 32 (-100 ... +100)