Screening Filters & Rationale
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensures the ETF has sufficient liquidity for easy trading.
- Rationale: High turnover indicates strong investor interest and reduces the risk of large bid-ask spreads.
Moving Average Relationship (PriceAboveMA20, PriceAboveMA200):
- Purpose: Identifies ETFs with strong upward momentum.
- Rationale: Prices above short-term (20-day) and long-term (200-day) moving averages suggest a sustained growth trend.
Quarter Price Change Percentage (min: 5%):
- Purpose: Focuses on ETFs with recent positive performance.
- Rationale: A minimum 5% quarterly price increase highlights ETFs with strong short-term growth potential.
Year Price Change Percentage (min: 15%):
- Purpose: Targets ETFs with consistent long-term growth.
- Rationale: A 15% annual price increase reflects robust performance over a longer horizon.
Expense Ratio (max: 0.2%):
- Purpose: Limits selection to cost-efficient ETFs.
- Rationale: Lower expense ratios maximize investor returns by minimizing management fees.
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.