Screening Filters & Rationale
Weekly Average Turnover ≥ 1,000,000:
- Purpose: Ensures the ETF has sufficient liquidity for easy buying and selling.
- Rationale: High turnover indicates strong market activity, reducing the risk of price slippage.
Monthly Price Change Percentage ≥ 5%:
- Purpose: Identifies ETFs with strong recent price momentum.
- Rationale: Positive price movement aligns with a bullish investment strategy.
Expense Ratio ≤ 0.2%:
- Purpose: Limits costs associated with holding the ETF.
- Rationale: Low expense ratios maximize net returns for investors.
Annual Dividend Yield ≥ 3%:
- Purpose: Targets ETFs with attractive income potential.
- Rationale: A high dividend yield ensures consistent payouts, aligning with the goal of weekly income.
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.