Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), VISA (NYSE:V), Unitedhealth Group (NYSE:UNH), Home Depot (NYSE:HD), Salesforce (NYSE:CRM), McDonald's Corp (NYSE:MCD), Caterpillar (NYSE:CAT), Amgen (NASDAQ:AMGN), Goldman Sachs Group (NYSE:GS).
Industry description
The investment seeks to provide investment results that match, before fees and expenses, the performance of the Dow Jones Industrial Average® on a daily basis.
The fund 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 Dow Jones Industrial Average ® is a price-weighted index of 30 "blue chip" U.S. stocks. The fund is non-diversified.
Market Cap
The average market capitalization across the Rydex Dow Jones Industrial Average® A MF is 558.26B. The market cap for tickers in the group ranges from 52.73B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is TRV at 52.73B.
Volume
The average weekly volume growth across all stocks in the Rydex Dow Jones Industrial Average® A MF was 20%. For the same stocks of the MF, the average monthly volume growth was 39% and the average quarterly volume growth was 55%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 62
P/E Growth Rating: 53
Price Growth Rating: 35
SMR Rating: 32
Profit Risk Rating: 14
Seasonality Score: 35 (-100 ... +100)