Notable companies
The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Johnson & Johnson (NYSE:JNJ), Merck & Co (NYSE:MRK).
Industry description
The investment seeks results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the NYLI Global Equity R&D Leaders Index.
The underlying index seeks to provide exposure to innovative companies by investing in the equities of companies that have high research and development (“R&D”) spending around the world. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. The fund is non-diversified.
Market Cap
The average market capitalization across the NYLI Global Equity R&D Leaders ETF ETF is 1.47T. The market cap for tickers in the group ranges from 1.93B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is ROG at 1.93B.
High and low price notable news
The average weekly price growth across all stocks in the NYLI Global Equity R&D Leaders ETF ETF was 0%. For the same ETF, the average monthly price growth was 0%, and the average quarterly price growth was 4%. AAPL experienced the highest price growth at -1%, while MRK experienced the biggest fall at -6%.
Volume
The average weekly volume growth across all stocks in the NYLI Global Equity R&D Leaders ETF ETF was 71%. For the same stocks of the ETF, the average monthly volume growth was 109% and the average quarterly volume growth was 72%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 56
P/E Growth Rating: 69
Price Growth Rating: 51
SMR Rating: 36
Profit Risk Rating: 32
Seasonality Score: 16 (-100 ... +100)