Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Applied Materials (NASDAQ:AMAT), Lam Research Corp (NASDAQ:LRCX), KLA Corp (NASDAQ:KLAC), Intel Corp (NASDAQ:INTC), Novavax (NASDAQ:NVAX).
Industry description
The investment seeks investment results, before fees and expenses, that track the performance of the Solactive Nanotechnology Index (the “index”).
The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the index. The index is designed to measure the performance of companies that have business operations in the field of nanotechnology. Under normal circumstances, the fund will invest at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
Market Cap
The average market capitalization across the ProShares Nanotechnology ETF ETF is 231.73B. The market cap for tickers in the group ranges from 396.17M to 2.69T. NVDA holds the highest valuation in this group at 2.69T. The lowest valued company is LASR at 396.17M.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Nanotechnology ETF ETF was -5%. For the same ETF, the average monthly price growth was -0%, and the average quarterly price growth was 1%. TSEM experienced the highest price growth at -1%, while NVAX experienced the biggest fall at -19%.
Volume
The average weekly volume growth across all stocks in the ProShares Nanotechnology ETF ETF was -25%. For the same stocks of the ETF, the average monthly volume growth was -53% and the average quarterly volume growth was -10%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 58
P/E Growth Rating: 72
Price Growth Rating: 72
SMR Rating: 59
Profit Risk Rating: 60
Seasonality Score: -5 (-100 ... +100)