Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Tesla (NASDAQ:TSLA), Costco Wholesale Corp (NASDAQ:COST), Netflix (NASDAQ:NFLX), Intuitive Surgical (NASDAQ:ISRG), Booking Holdings (NASDAQ:BKNG), Starbucks Corp (NASDAQ:SBUX).
Industry description
The investment seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Dorsey Wright Momentum Index (the “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 the 21 securities from the index with the highest momentum. Under normal circumstances, the fund 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 Nasdaq-100 Drsy Wght Momt ETF ETF is 335.59B. The market cap for tickers in the group ranges from 22.95B to 3.17T. NVDA holds the highest valuation in this group at 3.17T. The lowest valued company is APP at 22.95B.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF was 40%. For the same ETF, the average monthly price growth was 63%, and the average quarterly price growth was 98%. TTD experienced the highest price growth at 40%, while TMUS experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the ProShares Nasdaq-100 Drsy Wght Momt ETF ETF was 41%. For the same stocks of the ETF, the average monthly volume growth was -0% and the average quarterly volume growth was 57%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 82
P/E Growth Rating: 47
Price Growth Rating: 43
SMR Rating: 45
Profit Risk Rating: 47
Seasonality Score: 47 (-100 ... +100)