Screening Filters & Rationale
Weekly Average Turnover ≥ $1,000,000:
- Purpose: To ensure the ETF has sufficient liquidity for easy buying and selling.
- Rationale: High turnover minimizes the risk of price manipulation and ensures tighter bid-ask spreads.
Price ≤ $5:
- Purpose: To identify low-cost ETFs that meet the user's budget constraints.
- Rationale: ETFs priced below $5 are accessible for investors seeking affordable entry points.
Annual Dividend Yield ≥ 1%:
- Purpose: To focus on ETFs that provide consistent income through dividends.
- Rationale: A minimum yield ensures the ETF aligns with the user's goal of generating regular payouts.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.