Notable companies
The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), VISA (NYSE:V), Mastercard (NYSE:MA), Bank of America Corp (NYSE:BAC), Goldman Sachs Group (NYSE:GS), Wells Fargo & Co (NYSE:WFC), American Express Company (NYSE:AXP).
Industry description
The investment seeks to provide capital appreciation.
The fund invests substantially all (at least 80%) of its net assets in equity securities of Financial Services Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Financial Services Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Financial Services Companies and U.S. government securities.
Market Cap
The average market capitalization across the Rydex Financial Services A MF is 358.81B. The market cap for tickers in the group ranges from 126.85B to 806.43B. JPM holds the highest valuation in this group at 806.43B. The lowest valued company is SPGI at 126.85B.
Volume
The average weekly volume growth across all stocks in the Rydex Financial Services A MF was 22%. For the same stocks of the MF, the average monthly volume growth was 49% and the average quarterly volume growth was 22%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 73
P/E Growth Rating: 61
Price Growth Rating: 53
SMR Rating: 14
Profit Risk Rating: 41
Seasonality Score: 39 (-100 ... +100)