RYPAX Rydex Transportation H Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Tesla (NASDAQ:TSLA), United Parcel Service (NYSE:UPS), Union Pacific Corp (NYSE:UNP), Uber Technologies (NYSE:UBER), FedEx Corp (NYSE:FDX), CSX Corp (NASDAQ:CSX), Norfolk Southern Corp (NYSE:NSC), General Motors Company (NYSE:GM).

The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Transportation 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 Transportation Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Transportation Companies and U.S. government securities.

The average market capitalization across the Rydex Transportation H MF is 101.81B. The market cap for tickers in the group ranges from 43.78B to 777.25B. TSLA holds the highest valuation in this group at 777.25B. The lowest valued company is ODFL at 43.78B.

The average weekly volume growth across all stocks in the Rydex Transportation H MF was -12%. For the same stocks of the MF, the average monthly volume growth was 33% and the average quarterly volume growth was 12%