Tuesday, March 30, 2010

Some Favorite ETF Sites

Since last week’s mention of ETFreplay.com as one of my favorite up-and-coming ETF sites, a couple of readers have inquired about my other favorite ETF sites.

When I think about web sites which are dedicated to ETFs, two sites immediately come to mind. Keeping in mind that these lists are highly subjective, my favorite source for information and analysis of ETFs is probably ETFdb.com, where Michael Johnston and others cover the breaking stories, but more importantly offer up some finely crafted analysis of various ETFs and some of the issues surrounding these securities. The second site is ETF Rewind, which I discussed in Some Approaches to Trading ETFs. I rarely bother with subscription services, but I find the Excel-based data and analytics packed into Jeff Pietsch’s ETF Rewind Pro to be indispensible.

Once you get past the first cut of news and analysis sources and a data analysis tool, the incremental value added for each ETF web site starts to diminish. Gary Gordon at ETFExpert.com provides some valuable commentary and does a good job of linking to other ETF-related content around the web. If you like ETFreplay.com, you should also check out ETFScreen.com. In addition to the screening tools, there is also an excellent set of performance data, some trend information derived from relative strength analysis and an ability to build a correlation matrix for any group of ETFs.

For a different way of analyzing ETFs, try Arthur Hill’s ETFInvestmentOutlook.com, which focuses on the breadth and volume of each ETFs component. This site incorporates McClellan oscillator and summation index data, McClellan volume oscillator analysis, advance-decline volume, high-low analysis and related breadth tools to come up with a bottoms-up approach to evaluating ETFs strength and weakness.

In terms of mainstream media resources, Morningstar has an ETF section that has a solid screener and set of performance data. Not surprisingly, their profiles of the ETFs are among the most comprehensive on the web. The Wall Street Journal’s ETF Research center is also a good source for similar information.

Two other sites on the periphery of the ETF universe are CEFA.com, home of the Closed-End Fund Association and an excellent source for closed-end fund information; and Roger Nusbaum’s Random Roger blog, where the not-so-random one frequently, but not exclusively, opines about ETFs and related subjects.

Readers, please chime in and flag some of your favorites in the comments section.

For more on related subjects, readers are encouraged to check out:


Disclosure(s):
Morningstar is an advertiser on VIX and More; ETF Rewind and the VIX and More Subscriber Newsletter are available as part of a bundle (with Quantifiable Edges) in Blogger Triple Play

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