Industry description
The investment seeks to track the investment results of the ICE Clean Energy Transition Metals Index.
The index measures the performance of a basket of exchange-traded metals futures contracts representing the underlying metals that are extensively used in a wide range of clean energy technologies, as determined by ICE Data Indices, LLC. The fund will invest at least 80% of its assets, plus the amounts of any borrowings for investment purposes, in the same or similar metals futures contracts as the underlying index. It is non-diversified.
Volume
The average weekly volume growth across all stocks in the iShares Transition-Enabling Metals ETF ETF was -13%. For the same stocks of the ETF, the average monthly volume growth was -31% and the average quarterly volume growth was -34%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 43
Price Growth Rating: 31
SMR Rating: 44
Profit Risk Rating: 53
Seasonality Score: -24 (-100 ... +100)