Icon Information Technology Fund Quote
| ICTTX Fund | USD 14.13 0.04 0.28% |
PerformanceVery Weak
| Odds Of DistressLow
|
Icon Information is trading at 14.13 as of the 27th of February 2025; that is 0.28% up since the beginning of the trading day. The fund's open price was 14.09. Icon Information has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 29th of November 2024 and ending today, the 27th of February 2025. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in equity securities of companies in the Information Technology and Health Care sectors. Equity securities in which the fund may invest include common stocks and preferred stocks of companies of any market capitalization. More on Icon Information Technology
Moving against Icon Mutual Fund
Icon Mutual Fund Highlights
| Fund Concentration | ICON Funds, Large Blend Funds, Technology Funds, Technology, ICON Funds, Large Blend, Technology (View all Sectors) |
| Update Date | 31st of December 2024 |
Icon Information Technology [ICTTX] is traded in USA and was established 27th of February 2025. Icon Information is listed under ICON Funds category by Fama And French industry classification. The fund is listed under Technology category and is part of ICON Funds family. This fund currently has accumulated 63.59 M in assets under management (AUM) with no minimum investment requirementsIcon Information Tec is currently producing year-to-date (YTD) return of 5.19%, while the total return for the last 3 years was 6.21%.
Check Icon Information Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Icon Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Icon Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Icon Information Technology Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Icon Information Technology Mutual Fund Constituents
| SCSC | ScanSource | Stock | Information Technology | |
| MOMO | Hello Group | Stock | Communication Services | |
| EXTR | Extreme Networks | Stock | Information Technology | |
| MSFT | Microsoft | Stock | Information Technology | |
| CSCO | Cisco Systems | Stock | Information Technology | |
| MOH | Molina Healthcare | Stock | Health Care | |
| IBM | International Business Machines | Stock | Information Technology | |
| TMO | Thermo Fisher Scientific | Stock | Health Care |
Icon Information Tec Risk Profiles
| Mean Deviation | 0.8669 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.42 | |||
| Risk Adjusted Performance | (0.05) |
Icon Information Against Markets
Other Information on Investing in Icon Mutual Fund
Icon Information financial ratios help investors to determine whether Icon Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Information security.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |