Notable companies
The most notable companies in this group are PROLOGIS (NYSE:PLD), Simon Property Group (NYSE:SPG).
Industry description
The investment seeks investment results, before fees and expenses, that track the total return of a benchmark index that measures the performance of publicly traded equity real estate investment trusts ("REITs").
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of the companies included in the benchmark index. The fund uses the replication method of indexing, meaning the fund seeks to own the securities contained in the benchmark index in as close as possible a proportion of the fund as each stock’s weight in the benchmark index. It is non-diversified.
Market Cap
The average market capitalization across the Empower Real Estate Index Instl MF is 52.36B. The market cap for tickers in the group ranges from 23.32B to 120.46B. PLD holds the highest valuation in this group at 120.46B. The lowest valued company is EQR at 23.32B.
Volume
The average weekly volume growth across all stocks in the Empower Real Estate Index Instl MF was 9%. For the same stocks of the MF, the average monthly volume growth was 7% and the average quarterly volume growth was 17%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 87
P/E Growth Rating: 48
Price Growth Rating: 33
SMR Rating: 68
Profit Risk Rating: 54
Seasonality Score: 48 (-100 ... +100)