Screening Filters
monthly_average_dollar_volume ≥ $2,000,000
- Purpose: Ensure you’re looking at relatively liquid securities that are easier to trade without large bid–ask spreads or price impact.
- Rationale:
- For an IRA, you typically want investments you can enter and exit efficiently, even if you don’t trade often.
- A $2M+ average dollar volume suggests there’s enough daily trading activity that you’re not stuck in a thin, illiquid product.
- This complements your goal of building a stable IRA position rather than speculating in obscure, hard‑to‑trade names.
year_price_change_pct ≥ 0.0001 (i.e., positive over the past year)
- Purpose: Filter out ETFs/stocks that have had clearly negative performance over the last year, focusing instead on those that at least haven’t been in a clear downtrend.
- Rationale:
- You asked how to allocate IRA cash; for a long-term retirement account, starting from names that have not been in a sustained decline can be a conservative first cut.
- This is not a guarantee of future performance, but it screens out the worst laggards and high-risk turnaround situations that may be less appropriate as core IRA holdings.
annual_dividend_yield between 1.0% and 2.5%
- Purpose: Focus on securities with a moderate, sustainable yield—not zero yield, but also not extremely high yields that often signal elevated risk.
- Rationale:
- For an IRA, a modest dividend yield can contribute to total return without pushing you into high-yield, high-risk products.
- A 1–2.5% range tends to capture broad, diversified ETFs and large, stable companies rather than speculative or distressed names with very high yields.
- This aligns with building a long-term, diversified IRA, where capital preservation and steady growth generally matter more than chasing income extremes.
Do These Filters Match Your Request to “Limit the Selection to ETFs”?
- As shown, the filter set you provided does not include an explicit ETF-only condition (such as an
asset_type = ETF or security_type = ETF filter).
- That means, by itself, this configuration could still return individual stocks as well as ETFs, which does not fully match your request to “limit the selection to ETFs.”
In a real screener, we would normally add something like:
security_type: ETF or
asset_class: ETF
to strictly limit the universe to ETFs.
Because that specific ETF indicator is not present in the filters shown here, I have to infer that the tool example simply doesn’t expose that field in this snippet. The filters we do have are still useful because:
- They ensure liquidity (via monthly_average_dollar_volume), which is important for both ETFs and stocks in an IRA.
- They focus on non‑losing, at least mildly positive performers over the last year (via year_price_change_pct ≥ 0), avoiding obvious downside trends.
- They enforce a moderate dividend profile (1–2.5%), which is consistent with the kind of broad, core holdings (often ETFs) that fit well in long‑term retirement accounts.
Why Results Still Help With Your IRA Objective
- The liquidity, mild positive trend, and moderate-yield criteria are all aligned with constructing a conservative, long-term portfolio for an IRA.
- Once an explicit “ETF-only” filter is added on top of these, the resulting list would strongly match your refined request: liquid, moderately yielding, not-in-downtrend ETFs suitable for the 70% ETF allocation you mentioned.
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.