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 measures the performance of companies domiciled in the U.S. and traded on the New York Stock Exchange ("NYSE"), NYSE MKT that generate the majority of their revenues from the internet. The fund is non-diversified.
Market Cap
The average market capitalization across the ProFunds Internet UltraSector Svc MF is 1.14T. The market cap for tickers in the group ranges from 202.5B to 2.13T. AMZN holds the highest valuation in this group at 2.13T. 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 79%. For the same stocks of the MF, the average monthly volume growth was 99% and the average quarterly volume growth was 73%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 62
P/E Growth Rating: 73
Price Growth Rating: 29
SMR Rating: 37
Profit Risk Rating: 28
Seasonality Score: -3 (-100 ... +100)