Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), NRG Energy (NYSE:NRG).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Utilities Select Sector Index.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the utilities sector of the S&P 500 Index (“S&P 500”). The fund is non-diversified.
Market Cap
The average market capitalization across the ProShares Ultra Utilities ETF is 32.68B. The market cap for tickers in the group ranges from 8.48B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is PNW at 8.48B.
High and low price notable news
The average weekly price growth across all stocks in the ProShares Ultra Utilities ETF was 11%. For the same ETF, the average monthly price growth was 12%, and the average quarterly price growth was 42%. CEG experienced the highest price growth at 12%, while AES experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the ProShares Ultra Utilities ETF was 16%. For the same stocks of the ETF, the average monthly volume growth was 42% and the average quarterly volume growth was 47%
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: 52
Price Growth Rating: 36
SMR Rating: 64
Profit Risk Rating: 45
Seasonality Score: 35 (-100 ... +100)