Notable companies
The most notable companies in this group are Foot Locker (NYSE:FL), JetBlue Airways Corp (NASDAQ:JBLU), Bread Financial Holdings (NYSE:BFH), Kohls Corp (NYSE:KSS), Xerox Holdings Corp (NASDAQ:XRX).
Industry description
The investment seeks investment results that match, the performance of the S&P SmallCap 600 Pure Value Index for small-cap value securities 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 index is composed of those constituents of the S&P SmallCap 600® that exhibit the strongest value characteristics as measured using three factors: the ratios of book value, earnings, and sales to price. The fund is non-diversified.
Market Cap
The average market capitalization across the Rydex S&P SmallCap 600 Pure Value A MF is 1.57B. The market cap for tickers in the group ranges from 665.69M to 2.69B. FL holds the highest valuation in this group at 2.69B. The lowest valued company is UNFI at 665.69M.
Volume
The average weekly volume growth across all stocks in the Rydex S&P SmallCap 600 Pure Value A MF was 14%. For the same stocks of the MF, the average monthly volume growth was 3% and the average quarterly volume growth was 49%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 37
P/E Growth Rating: 43
Price Growth Rating: 57
SMR Rating: 81
Profit Risk Rating: 92
Seasonality Score: 18 (-100 ... +100)