As the ETF industry has grown in recent years, more and more investors have turned to the Web to conduct research and seek out ideas for ETF investments. Sam Mamudi of the the Wall Street Journal has reviewed some of the most useful Web sites for investors looking to gain information on exchange-traded products, profiling Morningstar, Yahoo! Finance, and, of course, ETF Database. The Journal‘s picks for sites that can help investors research portfolios and find ETFs that fit their needs include:
Led by director of ETF analysis Scott Burns, the team at Morningstar has assembled one of the most comprehensive ETF resources on the Internet. Morningstar’s site includes an ETF screener, research reports on more than 300 individual funds, and value ratings for certain ETFs.
Yahoo’s ETF section features educational pages covering topics such as the tax advantages of ETFs, the role of ETFs in investors portfolios, and FAQs. The free Yahoo site also features a glossary and sortable ETF tables that allow users to search for funds by historical performance, P/E ratios, and a number of other criteria.
MarketWatch’s ETF coverage includes the ETF Top 5, a snapshot of the day’s biggest gainers, losers, and most actively-traded ETFs. This free site also includes a screener and ETF profiles that provide details on fund fees, performance, and holdings.
Index Universe offers a mix of research, analysis, and breaking news. Although geared more towards financial advisors, Index Universe also has a number of resources for first-time ETF investors, including low-cost ETFs. Index Universe also hosts a number of conferences focusing on various aspects of ETF investing, including the upcoming Inside Commodities Conference in New York City.
ETF Trends has been around since 2005, and covers all areas of the ETF industry by publishing between eight and 10 articles daily. ETF Trends is run by Tom Lydon, one of the most visible figures in the ETF industry and president of investment firm Global Trend Investment. Lydon’s ETF investing strategy focuses on “trend investing,” which generally consists of owning funds trading above their 200-day moving average and selling those that either drop 8% from a high or fall below the trend line.
ETF Guide was started by two former financial advisers looking to provide free news, analysis, and commentary. ETF Guide also offers a series of ETF portfolios that users can access for a monthly fee. The site also offers an ETF newsletter and investment picks to paid subscribers.
Also included in the list was ETF Database, which provides news and commentary on the ETF industry, as well as actionable investment ideas. ETF Database also offers a proprietary, user-friendly ETF Screener and a Free ETF Newsletter. As Mamudi mentions, ETF Database will launch a line of premium ETF category reports and all-ETF portfolios later this month, so be sure to check back often.
For even more web-based ETF resources, check out our Top 50 Free Online ETF Tools