WFH stock forecast, quote, news & analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Broadcom Inc. (NASDAQ:AVGO), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), International Business Machines Corp (NYSE:IBM), Adobe (NASDAQ:ADBE), Cisco Systems (NASDAQ:CSCO).

The investment seeks investment results, before fees and expenses, that track the Solactive Remote Work Index (the “index”). The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index or investments with economic characteristics similar to the securities included in the index. The index is comprised of 40 companies that provide products and services in one of the following industries that facilitate the ability of people to work from home: remote communications, cyber security, online project and document management, and cloud computing technologies (“WFH Industries”). The fund is non-diversified.

The average market capitalization across the Direxion Work From Home ETF ETF is 300.08B. The market cap for tickers in the group ranges from 330.77M to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is EGHT at 330.77M.

The average weekly price growth across all stocks in the Direxion Work From Home ETF ETF was -5%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 18%. NTAP experienced the highest price growth at 5%, while EGHT experienced the biggest fall at -14%.

The average weekly volume growth across all stocks in the Direxion Work From Home ETF ETF was 30%. For the same stocks of the ETF, the average monthly volume growth was -0% and the average quarterly volume growth was 67%