With more than 1,100 ETPs now trading, investors and advisors have access to more asset classes and investment strategies than ever before. While the surge in products is generally a positive development, it can also make it challenging to navigate through all the ETF options and identify those that meet specific investment objectives–especially with new funds debuting on a regular basis. ETF Database maintains a suite of free analytical resources designed to make the ETF world easier to access and understand; today, we profile a free tool that can be valuable for traversing through the ever-growing universe of exchange-traded products.
The ETF Screener is a free resource that allows investors to narrow down the universe of 1,100+ ETPs by filtering more than a dozen different descriptive fields. This tool searches and analyzes all ETFs currently included in our database, giving users the ability to sort through funds by which factors they feel are most important to their portfolio. For example, when searching for an equity fund, the user will have the option to sort by region, sector, leveraged/inverse, issuer, investment strategy, or expenses, with each entry narrowing down the ETF space to those that meet the requirements.
The screener isn’t limited to equities, presenting customized screening criteria for other asset classes such as bonds (selecting duration and bond type), commodities (selecting resource and exposure methodology), currencies, real estate, and even volatility. Once the initial criteria are selected, investors are presented with a concise table that listed all of the funds meeting the requirements as well as their current price, assets under management, volume, year-to-date performance, and 200 day EMA. Pro members can even download the table to excel, allowing further manipulation of the data so that the optimal choice can be made for any portfolio decision.
The ETF screener is constantly updated to include new launches, as well as improvements to the tool itself. Below we demonstrate how to utilize this fast and free resource:
We’d love to hear your feedback, on any improvements you would like to see in the screener, or any resources you’d like to see us develop in the future. Please don’t hesitate to get in touch with any comments or ideas, and check out the complete list of free ETFdb tools for more screening and analytical capabilities.
Disclosure: No positions at time of writing.