Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), Dominion Energy (NYSE:D).
Industry description
The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P Utilities Select Sector Index.
The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. 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 ProFunds Utilities UltraSector Svc MF is 56.92B. The market cap for tickers in the group ranges from 39.25B to 119.33B. NEE holds the highest valuation in this group at 119.33B. The lowest valued company is D at 39.25B.
Volume
The average weekly volume growth across all stocks in the ProFunds Utilities UltraSector Svc MF was 32%. For the same stocks of the MF, the average monthly volume growth was 15% 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: 55
P/E Growth Rating: 66
Price Growth Rating: 50
SMR Rating: 72
Profit Risk Rating: 37
Seasonality Score: 18 (-100 ... +100)