Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO).
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 the fund 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 ProFunds Utilities UltraSector Svc MF is 74.83B. The market cap for tickers in the group ranges from 45.34B to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is AEP at 45.34B.
Volume
The average weekly volume growth across all stocks in the ProFunds Utilities UltraSector Svc MF was 58%. For the same stocks of the MF, the average monthly volume growth was 33% and the average quarterly volume growth was 122%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 63
P/E Growth Rating: 31
Price Growth Rating: 46
SMR Rating: 64
Profit Risk Rating: 31
Seasonality Score: -20 (-100 ... +100)