Notable companies
The most notable companies in this group are Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), NetEase (NASDAQ:NTES), Spotify Technology SA (NYSE:SPOT), Baidu (NASDAQ:BIDU), Pinterest (NYSE:PINS), Tencent Music Entertainment Group (NYSE:TME), Snap (NYSE:SNAP), Bilibili (NASDAQ:BILI), Weibo Corp (NASDAQ:WB).
Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Social Media Total Return Index.
The fund will invest at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. The underlying index tracks the equity performance of the largest and most liquid companies involved in the social media industry, including companies that provide social networking, file sharing, and other web-based media applications. The fund is non-diversified.
Market Cap
The average market capitalization across the Global X Social Media ETF ETF is 123.09B. The market cap for tickers in the group ranges from 494.92M to 1.94T. GOOGL holds the highest valuation in this group at 1.94T. The lowest valued company is GRPN at 494.92M.
High and low price notable news
The average weekly price growth across all stocks in the Global X Social Media ETF ETF was -2%. For the same ETF, the average monthly price growth was -2%, and the average quarterly price growth was -8%. SPOT experienced the highest price growth at 14%, while ANGI experienced the biggest fall at -31%.
Volume
The average weekly volume growth across all stocks in the Global X Social Media ETF ETF was -28%. For the same stocks of the ETF, the average monthly volume growth was 44% and the average quarterly volume growth was 21%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 52
P/E Growth Rating: 80
Price Growth Rating: 58
SMR Rating: 69
Profit Risk Rating: 88
Seasonality Score: 6 (-100 ... +100)