Instead of speculating on single companies in the stock market, many investors choose to diversify their portfolios by investing in ETFs that track a stock market index such as the S&P 500. Of course, there’s also other types of ETFs that provide more focused exposure — for example, some ETFs may only invest in the energy sector while others may focus on a specific precious metal.
Whatever you’d like to invest in, there’s a good chance that there is already an ETF on the market that caters to your investment goals. In this article, we will feature the best ETF screeners which will help you find the ETFs that suit your investment needs or simply track the performance of ETFs you are already invested in.
The best ETF screeners
Without further ado, here is our selection of the 5 best ETF screeners available today:
Although some of these platforms have paid options, we’ve made sure that each ETF screener featured in this article can provide a great deal of value even to those using it for free.
1. justETF
justETF is a top-tier ETF screener that provides very detailed information about any exchange-traded fund you might be interested in. Currently, this tracker displays information for roughly 2,500 different ETFs.
Like all of the other best ETF screeners, justETF provides a wealth of filtering options, as you can customize your ETF search according to asset class, size, issuer, investment strategy and much more.
After finding an ETF that interests you, you can view detailed information about its holdings, returns, expense ratios, listings, volatility and other key data points.
In addition to its ETF screener, the justETF platform also provides investment guides, a portfolio tracker, as well as rankings of the best and worst-performing ETFs. Overall, the amount of information provided by justETF is very impressive especially if we keep in mind that it’s a free tool and you don’t even need to create an account to access most of it.
Notably, justETF also offers a mobile application, which is a good option for investors who are often on the go.
2. ETFdb
The ETFdb screener by VettaFi is among the most popular ETF screeners on the market, and provides a highly intuitive and detailed user interface that makes finding information about ETFs a breeze.
On ETFdb, you can easily filter ETFs according to the primary asset classes they invest in, ranging from equities to alternative assets, commodities and everything in between. You can also filter ETFs based on their investment style, issuer, ESG scores and a host of other factors.
After finding all the ETFs that satisfy your criteria, you can view detailed data for each including returns, dividends, risk assessments, technical indicators and plenty of other information that will help you determine which ETF might be worth investing in.
However, it’s worth keeping in mind that some features of the ETFdb screener are behind a paywall. For example, exporting data to a CSV file is only available to users with a pro subscription.
The Pro version of ETFdb cost $199 per year, which could be worth it depending on how advanced of an investor you are. You can also get a 14-day trial for free to get a taste of all the features offered by the Pro version of ETFdb.
3. Trackinsight
Trackinsight is an ETF data platform that also offers ETF screener functionality. The Trackinsight database feature more than 9,000 exchange-traded products, providing unparalleled coverage of the ETF and ETP market sector.
As with any high quality ETF tracker, Trackinsight also provides a broad range of filtering options, allowing investors to customize their search in great detail. After you find an ETF that matches your criteria, you can find detailed information regarding its performance, risk profile, exposure and much more.
A great feature of Trackinsight is the platform’s ETF comparison tool, which allows users to select up to 5 different ETFs and compare them along key data points. For any ETF you’re interested in, Trackinsight also automatically provides a list of similar ETFs so that you can quickly find alternatives that might work better for you.
4. Financial Times ETF screener
The Financial Times offers a free ETF screener that’s fairly straightforward, but provides a clean user interface and allows you to quickly find what you need. At the time of writing, there are more than 4,250 ETFs available in the Financial Times ETF screener. The data featured on this screener is provided by Wilshire Indexes and Trackinsight.
On the Financial Times ETF screener, you can filter ETFs according to their asset class, geography, sector, as well as key characteristics such as management style, tax optimization, dividends, issuer and more.
If you want very in-depth data about a particular ETF, the Financial Times screener is perhaps not the best choice. However, it is completely free to use and is a great option if you just want to find an ETF quickly and review basic information about it or see if there is an ETF that invests in a particular asset and fits your investment criteria.
5. Yahoo Finance ETF screener
Yahoo Finance is a very popular platform for investors, and also provides an ETF screener. This screener allows users to easily save their filters, so it’s possible to essentially create your own ETF screeners and access them whenever you need them.
For example, you might create one filter for funds you’re interested in that invest in equities, and another one for funds focused on commodities. This feature allows you to quickly track different market segments without having to manually customize your search each time.
After finding an ETF that interests you, you can view a great deal of information on it through the interface that Yahoo Finance users are already very familiar with.
Yahoo Finance’s ETF screener is a very solid option, but we found the user experience when setting up the filters to be a bit clunky at the start. However, it becomes a very useful tool once you get used to it.
FAQs
Now that we’ve highlighted the best ETF trackers available today, let’s quickly answer some of the most common questions users have about tracking ETFs and choosing the right ETFs to invest in.
How do I find the best ETF to invest in?
The easiest way to find the best ETF to invest in is to use an ETF screener. These are platforms that have data for thousands of different ETFs, and you can search their database by applying filters. For example, an ETF screener will allow you to find United States-based ETFs that invest in the infrastructure sector through stocks.
Where can I check ETF performance?
You can check the performance of ETFs with an ETF screener, for example justETF or ETFdb. These tools will allow you to easily find the best and worst performing ETFs in any given time period or market sector.
The bottom line
There is a wealth of free information available online that will help you make more educated investment decisions. If you’re investing in the stock market, an ETF screener is an invaluable tool that will help you stay on top of what’s happening in the markets and quickly identify potential new opportunities. Hopefully, our list helped you find an ETF screener that will work the best for your needs.
If you’re interested in more topics related to investing, make sure to check out our list of the best stocks to buy right now.
Source: https://coincodex.com/article/34103/best-etf-screeners/