Notable companies
The most notable companies in this group are Freeport-McMoran (NYSE:FCX), Newmont Corp (NYSE:NEM), Wheaton Precious Metals Corp (NYSE:WPM), Gold Fields Ltd (NYSE:GFI).
Industry description
The investment seeks capital appreciation.
Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Precious Metals 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 Precious Metals Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Precious Metals Companies and U.S. government securities. It is non-diversified.
Market Cap
The average market capitalization across the Rydex Precious Metals Inv MF is 26.1B. The market cap for tickers in the group ranges from 8B to 67.89B. FCX holds the highest valuation in this group at 67.89B. The lowest valued company is RGLD at 8B.
Volume
The average weekly volume growth across all stocks in the Rydex Precious Metals Inv MF was -2%. For the same stocks of the MF, the average monthly volume growth was 37% and the average quarterly volume growth was -9%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 24
P/E Growth Rating: 51
Price Growth Rating: 57
SMR Rating: 73
Profit Risk Rating: 48
Seasonality Score: 37 (-100 ... +100)