Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Broadcom Inc. (NASDAQ:AVGO).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P Technology Select Sector Index.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index includes equity securities of companies from the following GICS industries: IT services; software; communications equipment; technology, hardware, storage & peripherals; electronic equipment, instruments, & components; and semiconductors & semiconductor equipment. The fund is non-diversified.
Market Cap
The average market capitalization across the ProFunds Technology UltraSector Svc MF is 2.51T. The market cap for tickers in the group ranges from 769.9B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is AVGO at 769.9B.
Volume
The average weekly volume growth across all stocks in the ProFunds Technology UltraSector Svc MF was 42%. For the same stocks of the MF, the average monthly volume growth was 5% and the average quarterly volume growth was -20%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 83
P/E Growth Rating: 53
Price Growth Rating: 37
SMR Rating: 37
Profit Risk Rating: 6
Seasonality Score: 19 (-100 ... +100)