Notable companies
The most notable companies in this group are Tesla (NASDAQ:TSLA), Uber Technologies (NYSE:UBER), Union Pacific Corp (NYSE:UNP), United Parcel Service (NYSE:UPS), FedEx Corp (NYSE:FDX), CSX Corp (NASDAQ:CSX), Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM), Norfolk Southern Corp (NYSE:NSC).
Industry description
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.
Market Cap
The average market capitalization across the Rydex Transportation A MF is 142.55B. The market cap for tickers in the group ranges from 50.36B to 559.85B. TSLA holds the highest valuation in this group at 559.85B. The lowest valued company is NSC at 50.36B.
Volume
The average weekly volume growth across all stocks in the Rydex Transportation A MF was 99%. For the same stocks of the MF, the average monthly volume growth was 166% and the average quarterly volume growth was 112%
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: 47
Price Growth Rating: 49
SMR Rating: 48
Profit Risk Rating: 49
Seasonality Score: 3 (-100 ... +100)