Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Tesla (NASDAQ:TSLA).
Industry description
The investment seeks to provide investment results that match, before fees and expenses, 200% of the performance of the NASDAQ-100 Index®.
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and securities and financial instruments with economic characteristics that should perform similarly to the securities of companies in the fund's benchmark. The index is is a modified capitalization-weighted index composed of 100 of the largest non-financial companies listed on The Nasdaq Stock Market with capitalizations ranging from $10.4 billion to $3. It is non-diversified.
Market Cap
The average market capitalization across the Rydex Monthly Rbl NASDAQ-100® 2x Strt C MF is 2.05T. The market cap for tickers in the group ranges from 559.85B to 3.19T. NVDA holds the highest valuation in this group at 3.19T. The lowest valued company is TSLA at 559.85B.
Volume
The average weekly volume growth across all stocks in the Rydex Monthly Rbl NASDAQ-100® 2x Strt C MF was 42%. For the same stocks of the MF, the average monthly volume growth was 1% and the average quarterly volume growth was -29%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 84
P/E Growth Rating: 47
Price Growth Rating: 14
SMR Rating: 37
Profit Risk Rating: 12
Seasonality Score: -2 (-100 ... +100)