Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D).
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 Utilities 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 Utilities Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Utilities Companies and U.S. government securities.
Market Cap
The average market capitalization across the Rydex Utilities Inv MF is 58.82B. The market cap for tickers in the group ranges from 33.3B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is PEG at 33.3B.
Volume
The average weekly volume growth across all stocks in the Rydex Utilities Inv MF was 39%. For the same stocks of the MF, the average monthly volume growth was 83% and the average quarterly volume growth was 81%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 32
Price Growth Rating: 52
SMR Rating: 75
Profit Risk Rating: 51
Seasonality Score: 31 (-100 ... +100)