The past year has been yet another stretch of explosive growth in the ETF industry, as the launch of more than 200 new products has brought the total close to 1,100, with total assets surpassing the $1 trillion mark for the first time. With more products than ever before–and a year that promises to bring further innovation and expansion just around the corner–navigating the world of exchange-traded funds has become an increasingly difficult task. ETF Database is pleased to announce an overhaul to our popular ETF Screener that offers enhanced flexibility and granularity for investors seeking to identify the exchange-traded products consistent with their investment objective.
The improvements to the ETF Screener include:
- “Multi Tier” Sector Screening Capabilities: Sector-specific equity ETFs are now tagged with two distinct layers of descriptive information. The first screen includes the ten traditional sector breakdowns: financials, utilities, health care, consumer staples, consumer discretionary, technology, materials, industrials, telecom, energy. Now available is a second tier that allows for increased granularity within any one of these sectors. For example, once technology is selected, investors will have the option to select from a number of “sub-sectors,” including nanotechnology, semiconductors, software, etc.
- “Multi Tier” Region Screening Capabilities: Region-specific ETFs can now be screened at multiple levels as well. The first geographic screen features broad regions, such as Emerging Europe, Latin America, or Frontier Markets. The second screen allows investors to target a specific country in that region; for example, Brazil, Colombia, Chile, Peru, and Mexico all appear as options under Latin America (there is also an option for “broad” Latin America ETFs, such as ILF.
- Enhanced Bond Screening: Once “bond” is selected as the asset class, users can screen fixed income ETFs by both maturity (e.g., short-term, long-term, all-term, etc.) and type (e.g., junk bonds, Treasuries, Build America Bonds, etc.). Previously, all descriptive data for bond ETFs had been under a single field.
- ETF Structure Screen: Users can now filter exchange-traded products by the structure, including ETN, grantor trust, commodity pool, and true 1940 Act ETFs.
ETF Database had a busy 2010, as we overhauled numerous portions of our site to make it more user friendly, and to have the most useful, up to date, information possible. This year saw our site launch several free tools to help investors chose the right ETFs for them, including the Country Exposure Tool, Mutual Fund to ETF Converter, Stock Lookup Tool, and a new commenting system. With our site constantly expanding, and adding new features, we would like to thank our readers for their continued support.
We look forward to continuing to improve ETFdb in 2011, and there are a number of exciting new features planned as well. As always, we look forward to hearing from you on any tools or resources that you’d like us to add.
Happy New Year from ETFdb!