Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Tesla (NASDAQ:TSLA), Costco Wholesale Corp (NASDAQ:COST), Advanced Micro Devices (NASDAQ:AMD).
Industry description
The investment seeks to provide investment results that correspond, before fees and expenses, to the NASDAQ-100 Index® for over-the-counter securities 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 securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.
Market Cap
The average market capitalization across the Rydex NASDAQ-100® C MF is 1.54T. The market cap for tickers in the group ranges from 223.58B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is AMD at 223.58B.
Volume
The average weekly volume growth across all stocks in the Rydex NASDAQ-100® C MF was 11%. For the same stocks of the MF, the average monthly volume growth was 11% and the average quarterly volume growth was 1%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 78
P/E Growth Rating: 63
Price Growth Rating: 44
SMR Rating: 36
Profit Risk Rating: 18
Seasonality Score: 21 (-100 ... +100)