The most notable companies in this group are Apple (NASDAQ:AAPL), Microsoft Corp (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), Unitedhealth Group (NYSE:UNH).
The investment seeks investment results that correspond to the total return performance (reflecting reinvestment of dividends) of common stocks in the aggregate, as represented by the S&P 500® Index.
The fund normally invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in stocks as represented in the Standard & Poor's 500® Index in the same proportion, to the extent feasible. It may invest up to 20% of its total assets in options and futures contracts to maintain cash reserves, while being fully invested, to facilitate trading or to reduce transaction costs.
The average market capitalization across the MainStay S&P 500 Index Simple MF is 1.28T. The market cap for tickers in the group ranges from 511.46B to 2.96T. AAPL holds the highest valuation in this group at 2.96T. The lowest valued company is UNH at 511.46B.
The average weekly volume growth across all stocks in the MainStay S&P 500 Index Simple MF was -35%. For the same stocks of the MF, the average monthly volume growth was -42% and the average quarterly volume growth was -44%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 72
P/E Growth Rating: 36
Price Growth Rating: 33
SMR Rating: 32
Profit Risk Rating: 22
Seasonality Score: 8 (-100 ... +100)