Notable companies
The most notable companies in this group are Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Verizon Communications (NYSE:VZ), Comcast Corp (NASDAQ:CMCSA), AT&T (NYSE:T), Electronic Arts (NASDAQ:EA), Take-Two Interactive Software (NASDAQ:TTWO).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Communication Services Select Sector Index.
The index is designed to measure the performance of communication services companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Market Cap
The average market capitalization across the ProShares Ultra Communication Services ETF is 288.61B. The market cap for tickers in the group ranges from 7.11B to 1.94T. GOOG holds the highest valuation in this group at 1.94T. The lowest valued company is TKO at 7.11B.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Ultra Communication Services ETF was 11%. For the same ETF, the average monthly price growth was 8%, and the average quarterly price growth was 42%. NFLX experienced the highest price growth at 9%, while VZ experienced the biggest fall at -2%.
Volume
The average weekly volume growth across all stocks in the ProShares Ultra Communication Services ETF was 22%. For the same stocks of the ETF, the average monthly volume growth was 19% and the average quarterly volume growth was 71%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 51
P/E Growth Rating: 54
Price Growth Rating: 46
SMR Rating: 57
Profit Risk Rating: 49
Seasonality Score: -1 (-100 ... +100)