Notable companies
The most notable companies in this group are Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), PDD Holdings (NASDAQ:PDD), Alibaba Group Holding Limited (NYSE:BABA), Vale SA (NYSE:VALE), JD.com (NASDAQ:JD), Baidu (NASDAQ:BIDU).
Industry description
The investment seeks to provide investment results that correlate, before fees and expenses, to 200% of the performance of the S&P Emerging 50 ADR Index on a daily basis.
The fund invests principally in securities of companies included in the underlying index and in derivative instruments. It 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 fund is non-diversified.
Market Cap
The average market capitalization across the Rydex Emerging Markets 2X Strategy H MF is 175.26B. The market cap for tickers in the group ranges from 28.21B to 774.4B. TSM holds the highest valuation in this group at 774.4B. The lowest valued company is PBR.A at 28.21B.
Volume
The average weekly volume growth across all stocks in the Rydex Emerging Markets 2X Strategy H MF was -36%. For the same stocks of the MF, the average monthly volume growth was 18% and the average quarterly volume growth was 18%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 47
P/E Growth Rating: 59
Price Growth Rating: 57
SMR Rating: 40
Profit Risk Rating: 63
Seasonality Score: -22 (-100 ... +100)