Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Walmart (NYSE:WMT), Eli Lilly & Co (NYSE:LLY).
Industry description
The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the S&P 500® Index.
The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index is designed to be comprised of stocks that are the 500 leading, large-cap U.S.-listed issuers. The fund is non-diversified.
Market Cap
The average market capitalization across the Direxion Daily S&P500® Bull 3X ETF ETF is 129.53B. The market cap for tickers in the group ranges from 6.17B to 3.39T. NVDA holds the highest valuation in this group at 3.39T. The lowest valued company is ETSY at 6.17B.
High and low price notable news
The average weekly price growth across all stocks in the Direxion Daily S&P500® Bull 3X ETF ETF was 9%. For the same ETF, the average monthly price growth was 61%, and the average quarterly price growth was 125%. BBWI experienced the highest price growth at 18%, while ADSK experienced the biggest fall at -9%.
Volume
The average weekly volume growth across all stocks in the Direxion Daily S&P500® Bull 3X ETF ETF was -44%. For the same stocks of the ETF, the average monthly volume growth was -47% and the average quarterly volume growth was -65%
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: 51
Price Growth Rating: 34
SMR Rating: 50
Profit Risk Rating: 42
Seasonality Score: 15 (-100 ... +100)