Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOG), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), VISA (NYSE:V), Tesla (NASDAQ:TSLA), Unitedhealth Group (NYSE:UNH), Mastercard (NYSE:MA).
Industry description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho New Economies Composite Index.
Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is designed to capture companies whose products and services are driving innovation and transforming the global economy through the use of existing and emerging technologies, and rapid developments in robotics, automation, artificial intelligence, connectedness and processing power.
Market Cap
The average market capitalization across the SPDR® S&P Kensho New Economies Comps ETF ETF is 69.42B. The market cap for tickers in the group ranges from 62.21M to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is BLUE at 62.21M.
High and low price notable news
The average weekly price growth across all stocks in the SPDR® S&P Kensho New Economies Comps ETF ETF was -3%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 8%. MVST experienced the highest price growth at 303%, while PSFE experienced the biggest fall at -28%.
Volume
The average weekly volume growth across all stocks in the SPDR® S&P Kensho New Economies Comps ETF ETF was 2%. For the same stocks of the ETF, the average monthly volume growth was 48% and the average quarterly volume growth was 37%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 60
P/E Growth Rating: 63
Price Growth Rating: 52
SMR Rating: 68
Profit Risk Rating: 66
Seasonality Score: 31 (-100 ... +100)