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® on a daily basis.
The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. The fund is non-diversified.
Market Cap
The average market capitalization across the Rydex NASDAQ-100® 2x Strategy C MF is 2.04T. The market cap for tickers in the group ranges from 559.85B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is TSLA at 559.85B.
Volume
The average weekly volume growth across all stocks in the Rydex NASDAQ-100® 2x Strategy C MF was 73%. For the same stocks of the MF, the average monthly volume growth was 109% and the average quarterly volume growth was -20%
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: 47
Price Growth Rating: 20
SMR Rating: 37
Profit Risk Rating: 12
Seasonality Score: -4 (-100 ... +100)