'Markets' Button- 'ETFs' Part II

In the last Sargels reviewing post, we covered the beginning of the 'ETF' sub-button. In this post we will continue with this sub-button. We also want to advise you to check all the previous reviewing posts in order to be updated with the earlier sub-buttons. It is the place to mention that non of the former sub-buttons have changed since their reviews.Also, if one of the sub-button, or one of its sources, will be changed, we will publish a post concerning the changes made. Back to the current review. The next source on the 'ETF' sub-button is the 'CNNMoney ETF News & Info', a source that delivers up-to-date news concerning the ETF market, including a table with the most Gainers, Loser and Actives ETFs for the current period. The next source is 'ETF Connect Interactive Charting'. It gives a nice interactive chart ability, to use on ETFs, with comparison, time frames, technical analysis and more features. The idea is that this source is ETF- dedicated but it can chart stocks as well. The 'Bloomberg ETFs' gives you a full-list ETF's table. This table contains all the ETFs that traded in a given region. Although it is a full list, which actually gives all the info there is, it is not enhanced list, meaning, it is neither sortable nor moderate. So you can use it as a preliminary list but not as a drill down function. The 'Yahoo! Finance ETF Browser by Return (mkt)' is an enhanced source, giving a list of ETFs sorted by a given criteria. In this specific source, we chose the criteria we believe is the primary one- Intraday Return. Meaning here, the list sorted by an ETF price descending, from the highest ETF's increasing price to the ETF with the highest price decreasing. The reason we chose this criteria in particular is to enable a quick and easy view on the ETFs market, from the ETF's price point of view. Another important criteria for the 'Yahoo! Finance ETF Browser' we believe needs to appear inside the 'ETF' sub-button is Risk. This criteria sorts the ETF's list on a Risk basis, or in financial terms- Beta. A bigger beta means a more volatile ETF- risky ETF and vice versa. The reference ETF (the ETF that considers as the natural market risk, meaning beta=1) is the SPY (SPDRs), which tracks the S&P500 index. It also considers as one the most traded (in terms of volume) ETFs as well as securities in the US (and internationally) market. The beta calculation for rest of the ETFs in the market are in a proportion to the SPY. This criteria is very important, as it illustrates the power level of general risk that the consider ETF holds. Always keep in mind that beta is a volatility measurement, meaning, the possibility of a given ETF (or for that matter, any other security on the market, any market- shares, options, currencies, ETFs, commodities, etc.) to oppositely change its rate. ETFs (and again, any other security) has many other measurements that need to be taken into investment considering so don't totally lean on this feature.
We will close this post here, as we think lot of general financial information poured in this post, so take your time to drill down inside this sub-button, and inside the former posts as well. In the next post we'll finish the 'ETF' sub-button and by that, closing the ETF field of investment reviewing and move over to a new field of investment- Options. Until the next post, share your comments with every reader of the blog, share Sargels Financial Toolbar with your friends and associates- let everyone else enjoy the beenfits of this financial information solution. If you like, follow us on twitter.
Sargels Team

'Markets' Button- 'ETFs' Part II