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:GOOGL), Costco Wholesale Corp (NASDAQ:COST), Procter & Gamble Company (NYSE:PG), Johnson & Johnson (NYSE:JNJ), Home Depot (NYSE:HD), Coca-Cola Company (NYSE:KO).
Industry description
The investment seeks to achieve long-term capital appreciation.
Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in equity securities. It invests primarily in equity securities of U.S. companies and foreign companies in developed markets. Equity securities in which the fund may invest include common stocks, preferred stocks, warrants, American Depositary Receipts and similar instruments.
Market Cap
The average market capitalization across the 1290 SmartBeta Equity A MF is 1.52T. The market cap for tickers in the group ranges from 263.76B to 3.3T. NVDA holds the highest valuation in this group at 3.3T. The lowest valued company is KO at 263.76B.
Volume
The average weekly volume growth across all stocks in the 1290 SmartBeta Equity A MF was 107%. For the same stocks of the MF, the average monthly volume growth was 89% and the average quarterly volume growth was -30%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 54
Price Growth Rating: 38
SMR Rating: 26
Profit Risk Rating: 17
Seasonality Score: -36 (-100 ... +100)