Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Netflix (NASDAQ:NFLX), Uber Technologies (NYSE:UBER), Spotify Technology SA (NYSE:SPOT), Electronic Arts (NASDAQ:EA), Take-Two Interactive Software (NASDAQ:TTWO), Snap (NYSE:SNAP), Lyft (NASDAQ:LYFT), Ambarella (NASDAQ:AMBA).
Industry description
The investment seeks investment results, before fees and expenses, that track the performance of the FactSet On-Demand Index.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of companies that provide on-demand access to lifestyle needs including digital media, e-gaming, fitness, food delivery, ridesharing, or virtual reality experiences. Under normal circumstances, it will invest 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 On-Demand ETF ETF is 315.57B. The market cap for tickers in the group ranges from 2.08B to 3.29T. NVDA holds the highest valuation in this group at 3.29T. The lowest valued company is AMBA at 2.08B.
High and low price notable news
The average weekly price growth across all stocks in the ProShares On-Demand ETF ETF was 3%. For the same ETF, the average monthly price growth was 23%, and the average quarterly price growth was 77%. AMBA experienced the highest price growth at 6%, while SNAP experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the ProShares On-Demand ETF ETF was -13%. For the same stocks of the ETF, the average monthly volume growth was -7% and the average quarterly volume growth was -22%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 83
P/E Growth Rating: 63
Price Growth Rating: 36
SMR Rating: 67
Profit Risk Rating: 59
Seasonality Score: -37 (-100 ... +100)