Screening Filters & Rationale
Stock Position Percentage > 90%:
- Purpose: Focus on ETFs with a high allocation to equities for long-term growth potential.
- Rationale: Equity-heavy ETFs typically offer higher returns over extended periods, aligning with long-term investment goals.
Weekly Average Turnover > $1,000,000:
- Purpose: Ensure liquidity for ease of trading and reduced bid-ask spreads.
- Rationale: High turnover indicates strong investor interest and market activity, reducing transaction costs.
Yearly Price Change > 10%:
- Purpose: Identify ETFs with strong recent performance as an indicator of potential future growth.
- Rationale: Positive price momentum can reflect favorable market conditions or effective fund management.
Expense Ratio < 0.2%:
- Purpose: Minimize costs to maximize net returns over the long term.
- Rationale: Low expense ratios are critical for compounding returns in long-term investments.
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.