Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), Dominion Energy (NYSE:D), MasTec (NYSE:MTZ), Bloom Energy Corp (NYSE:BE).
Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. Electrification Index.
The fund invests at least 80% of its net assets, plus borrowings for investment purposes (if any), in the securities of the underlying index, which may include common stocks and American Depositary Receipts ("ADRs") based on the securities in the underlying index. The underlying index is, as presently constituted, designed to track the performance of U.S. listed companies domiciled in developed markets and involved in electrification. The fund is non-diversified.
Market Cap
The average market capitalization across the Global X U.S. Electrification ETF ETF is 23.01B. The market cap for tickers in the group ranges from 81.5M to 131.17B. NEE holds the highest valuation in this group at 131.17B. The lowest valued company is BLNK at 81.5M.
High and low price notable news
The average weekly price growth across all stocks in the Global X U.S. Electrification ETF ETF was 2%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 0%. NOVA experienced the highest price growth at 22%, while HE experienced the biggest fall at -4%.
Volume
The average weekly volume growth across all stocks in the Global X U.S. Electrification ETF ETF was -10%. For the same stocks of the ETF, the average monthly volume growth was -22% 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: 50
P/E Growth Rating: 52
Price Growth Rating: 52
SMR Rating: 72
Profit Risk Rating: 53
Seasonality Score: -16 (-100 ... +100)