Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Johnson & Johnson (NYSE:JNJ), Costco Wholesale Corp (NASDAQ:COST), Coca-Cola Company (NYSE:KO), Procter & Gamble Company (NYSE:PG), Home Depot (NYSE:HD).
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. The fund invests primarily in common stocks, but it also may invest in other equity securities such as preferred stocks, warrants, American Depositary Receipts and similar instruments.
Market Cap
The average market capitalization across the 1290 SmartBeta Equity R MF is 2.15T. The market cap for tickers in the group ranges from 336.14B to 4.93T. NVDA holds the highest valuation in this group at 4.93T. The lowest valued company is HD at 336.14B.
Volume
The average weekly volume growth across all stocks in the 1290 SmartBeta Equity R MF was -9%. For the same stocks of the MF, the average monthly volume growth was -44% and the average quarterly volume growth was -53%
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: 56
Price Growth Rating: 36
SMR Rating: 25
Profit Risk Rating: 30
Seasonality Score: 13 (-100 ... +100)