What are the hottest efts right now

Screening Filters

1. Relative Volume ≥ 1.2

   • Purpose: Capture ETFs that are trading with unusually high activity compared to their normal volume.
   • Rationale: “Hottest” usually implies strong current interest and attention. Relative volume > 1.0 means today’s volume is higher than the ETF’s average; using 1.2 targets those seeing at least 20% more activity than usual, signaling increased participation from traders and investors.

2. Monthly Average Dollar Volume ≥ $500,000

   • Purpose: Ensure the ETFs are liquid and actively traded in dollar terms.
   • Rationale: A “hot” ETF should be meaningfully traded so you can enter and exit without large price impact. Dollar volume (price × shares) filters out illiquid, obscure ETFs with thin trading that might be volatile simply due to low participation.

3. 1-Week Price Change ≥ +3%

   • Purpose: Focus on ETFs with strong short-term performance momentum.
   • Rationale: “Right now” suggests recent, near-term movement. A positive move of at least 3% over the past week indicates the ETF has been trending up recently, which aligns with the idea of something that’s heating up in the very short term.

4. 1-Month Price Change ≥ +7%

   • Purpose: Capture ETFs with sustained recent strength over a longer, but still current, time frame.
   • Rationale: A hot ETF is not just a one- or two-day spike; it typically has a multi-week uptrend. A ≥7% gain over the last month shows persistent positive momentum, not just noise.

Why Results Match “Hottest ETFs Right Now”

• The price change filters (week and month) target ETFs that have been strong performers recently, which is a key part of being “hot.”
• The relative volume filter ensures those ETFs are actively in play with higher-than-normal trading interest, suggesting market attention and momentum.
• The dollar volume filter makes sure the ETFs are substantive and liquid, not tiny, thinly traded products that move on a few small trades.

Together, these filters narrow the list to ETFs that are both strongly trending up and heavily traded right now, matching what most investors mean by the “hottest” ETFs.