Notable companies
The most notable companies in this group are Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Salesforce (NYSE:CRM), Netflix (NASDAQ:NFLX), Cisco Systems (NASDAQ:CSCO).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones Internet Composite Index.
The fund invests in financial instruments that the fund advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of the 40 largest and most actively traded stocks of U.S. companies in the internet industry. The fund is non-diversified.
Market Cap
The average market capitalization across the ProFunds Internet UltraSector Svc MF is 1.16T. The market cap for tickers in the group ranges from 202.5B to 2.25T. AMZN holds the highest valuation in this group at 2.25T. The lowest valued company is CSCO at 202.5B.
Volume
The average weekly volume growth across all stocks in the ProFunds Internet UltraSector Svc MF was -15%. For the same stocks of the MF, the average monthly volume growth was -2% and the average quarterly volume growth was 43%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 58
Price Growth Rating: 35
SMR Rating: 35
Profit Risk Rating: 34
Seasonality Score: 45 (-100 ... +100)