mirror of
https://github.com/OpenBB-finance/OpenBB.git
synced 2026-10-27 04:31:13 +00:00
6381b2ae7d
* fixing a url * moving around menus * Grammar Update * many fixes to links and some added pics to install * Add improvements * fix: tabs * Move support/feedback window to FAQ * Forgot to save * MVC moved around * change installation Source -> Python * fix: tabs * guides to basics * Add new README LINKS * Change links * Change forecasting to forecast * fix: details * more fixes * Change markdown file so it is ready for pypi Co-authored-by: Chavithra <chavithra@gmail.com> Co-authored-by: Danglewood <85772166+deeleeramone@users.noreply.github.com> Co-authored-by: Jeroen Bouma <jer.bouma@gmail.com> Co-authored-by: Jeroen Bouma <jeroenbouma@Jeroens-MacBook-Pro.local> Co-authored-by: jose-donato <zmcdonato@gmail.com>
204 lines
23 KiB
Markdown
Vendored
204 lines
23 KiB
Markdown
Vendored
---
|
|
title: ETF
|
|
keywords: ['etfs', 'exchange traded funds', 'fund', 'basket', 'retail', 'stocks']
|
|
excerpt: "The Introduction to ETFs explains how to use the
|
|
menu and provides a brief description of its sub-menus"
|
|
|
|
---
|
|
|
|
The ETF menu enables you to lookup any ETFand obtain an <a href="/terminal/reference/etf/overview" target="_blank" rel="noreferrer noopener">overview</a>, <a href="/terminal/reference/etf/holdings" target="_blank" rel="noreferrer noopener">holdings</a>, <a href="/terminal/reference/etf/weights" target="_blank" rel="noreferrer noopener">weights</a> and <a href="/terminal/reference/etf/news" target="_blank" rel="noreferrer noopener">news</a> about the chosen ETF. Furthermore, sub-menus reside in this menu that can be used to <a href="/terminal/guides/intros/stocks/ca" target="_blank" rel="noreferrer noopener">compare companies</a> within the ETF, discover gainers and losers within <a href="/terminal/reference/etf/disc" target="_blank" rel="noreferrer noopener">discovery</a> and apply advanced <a href="/terminal/guides/intros/common/ta" target="_blank" rel="noreferrer noopener">technical indicators</a> and <a href="/terminal/guides/intros/forecast" target="_blank" rel="noreferrer noopener">Forecasting menu</a>. Lastly, it also has the option to export multiple ETFs to Excel with <a href="/terminal/reference/etf/pir" target="_blank" rel="noreferrer noopener">pir</a>.
|
|
|
|
### How to use
|
|
|
|
The ETF menu is called upon by typing `etf` which opens the following menu:
|
|
|
|
|
|
|
|
You now have the ability to look up any ETF. With the example below, the `load` command is used to load an ETF.
|
|
|
|
|
|
```
|
|
2022 Jun 21, 09:22 (🦋) /etf/ $ load VOO
|
|
Top company holdings found: AAPL, MSFT, AMZN, GOOGL, TSLA
|
|
```
|
|
|
|
Now we can use `holdings` to see the makeup of VOO
|
|
|
|
|
|
```
|
|
2022 Jun 21, 09:14 (🦋) /etf/ holdings
|
|
|
|
ETF Holdings
|
|
┌───────┬─────────────────────────────────┬──────────┬───────────┐
|
|
│ │ Name │ % Of Etf │ Shares │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ AAPL │ Apple Inc. │ 7.08% │ 345662285 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ MSFT │ Microsoft Corporation │ 5.29% │ 170648491 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ AMZN │ Amazon.com, Inc. │ 2.77% │ 202804167 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ TSLA │ Tesla, Inc. │ 1.85% │ 60944555 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ GOOGL │ Alphabet, Inc. │ 1.73% │ 137178918 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ BRK.B │ Berkshire Hathaway Inc. │ 1.63% │ 41297378 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ UNH │ UnitedHealth Group Incorporated │ 1.59% │ 21403214 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ GOOG │ Alphabet, Inc. │ 1.55% │ 122705978 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ XOM │ Exxon Mobil Corporation │ 1.41% │ 95363206 │
|
|
├───────┼─────────────────────────────────┼──────────┼───────────┤
|
|
│ JNJ │ Johnson & Johnson │ 1.40% │ 60159633 │
|
|
└───────┴─────────────────────────────────┴──────────┴───────────┘
|
|
```
|
|
|
|
|
|
To then view the stock chart, you can call <a href="/terminal/reference/etf/candle" target="_blank" rel="noreferrer noopener">candle</a> which shows a candle chart for the defined period (by default set to a year by `load`):
|
|
|
|
|
|
|
|
By calling `?` or `help` the ETF menu re-appears. Here you can see that multiple commands menus have turned blue. Because of loading a ticker, these menus can now be used in combination with the chosen ticker.
|
|
|
|
|
|
|
|
For example, the ETF's weights can now be depicted with the following:
|
|
|
|
```
|
|
2022 Jun 21, 09:45 (🦋) /etf/ $ weights
|
|
```
|
|
|
|
Which shows the following graph:
|
|
|
|
|
|
|
|
### Sub-menus available
|
|
|
|
The ETF menu has a few sub-menus available to delve further into a specific ETF or screen multiple ETFs at the same time. To find more information about each menu, click on one of the following:
|
|
|
|
- <a href="/terminal/guides/intros/stocks/ca/" target="_blank" rel="noreferrer noopener">Introduction to Comparison Analysis</a>: have the ability to compare companies within the ETF based on, among other things, correlation, financial statements, sentiment, valuations and performance.
|
|
- <a href="/terminal/guides/intros/common/ta" target="_blank" rel="noreferrer noopener">Introduction to Technical Analysis</a>: analysis the chosen ETF's historical data extensively with moving averages and momentum, trend, volatility and volume indicators.
|
|
- <a href="/terminal/guides/intros/forecast/" target="_blank" rel="noreferrer noopener">Introduction to Forecasting menu</a>: apply advanced AI and Machine Learning models to form prediction of future ETF prices including Recurrent Neural Network (RNN), Autoregressive Integrated Moving Average (ARIMA) and Monte Carlo forecasting.
|
|
|
|
### Examples
|
|
|
|
If we want to learn more about a total market ETF, we can do the following, starting from the `etf` menu and using the `ld` command where we specify with `-l` we wish to see `15` ETFs max.
|
|
|
|
```
|
|
2022 Jun 21, 10:08 (🦋) /etf/ $ ld total market -l 15
|
|
|
|
ETFs by Total Assets
|
|
┏━━━━━━┳━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┳━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┳━━━━━━━━━━━━━━━━━━━━━━━━━━━┳━━━━━━━━━━━━━━━━━━┓
|
|
┃ ┃ Name ┃ Family ┃ Category ┃ Total Assets [M] ┃
|
|
┡━━━━━━╇━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━╇━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━╇━━━━━━━━━━━━━━━━━━━━━━━━━━━╇━━━━━━━━━━━━━━━━━━┩
|
|
│ VTI │ Vanguard Total Stock Market Index Fund ETF Shares │ Vanguard │ Large Blend │ 1169855.61 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ ITOT │ iShares Core S&P Total U.S. Stock Market ETF │ iShares │ Large Blend │ 38539.13 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XBI │ SPDR S&P Biotech ETF │ SPDR State Street Global Advisors │ Health │ 7845.92 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ HYLB │ Xtrackers USD High Yield Corporate Bond ETF │ Xtrackers │ High Yield Bond │ 6760.46 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ KRE │ SPDR S&P Regional Banking ETF │ SPDR State Street Global Advisors │ Financial │ 5101.42 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XOP │ SPDR S&P Oil & Gas Exploration & Production ETF │ SPDR State Street Global Advisors │ Equity Energy │ 3828.98 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XHB │ SPDR S&P Homebuilders ETF │ SPDR State Street Global Advisors │ Consumer Cyclical │ 2095.61 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XME │ SPDR S&P Metals and Mining ETF │ SPDR State Street Global Advisors │ Natural Resources │ 1876.30 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ SCHK │ Schwab 1000 ETF │ Schwab ETFs │ Large Blend │ 1782.93 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XAR │ SPDR S&P Aerospace & Defense ETF │ SPDR State Street Global Advisors │ Industrials │ 1364.05 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ FPXI │ First Trust International Equity Opportunities ETF │ First Trust │ Foreign Large Growth │ 1124.12 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XSD │ SPDR S&P Semiconductor ETF │ SPDR State Street Global Advisors │ Technology │ 976.82 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XHE │ SPDR S&P Health Care Equipment ETF │ SPDR State Street Global Advisors │ Health │ 802.28 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ XRT │ SPDR S&P Retail ETF │ SPDR State Street Global Advisors │ Consumer Cyclical │ 781.05 │
|
|
├──────┼────────────────────────────────────────────────────┼───────────────────────────────────┼───────────────────────────┼──────────────────┤
|
|
│ UWM │ ProShares Ultra Russell2000 │ ProShares │ Trading--Leveraged Equity │ 746.08 │
|
|
└──────┴────────────────────────────────────────────────────┴───────────────────────────────────┴───────────────────────────┴──────────────────┘
|
|
```
|
|
|
|
It seems Vanguard Total Stock Market Index Fund ETF Shares (VTI) is by far the largest ETF in this list so let's <a href="/terminal/reference/etf/load" target="_blank" rel="noreferrer noopener">load</a> it in. Also, a larger period is chosen by using `-s` as shown in the documentation:
|
|
|
|
```
|
|
2022 Jun 21, 10:08 (🦋) /etf/ $ load VTI -s 2010-01-01
|
|
Top company holdings found: AAPL, MSFT, AMZN, GOOGL, TSLA
|
|
```
|
|
|
|
We can now plot the corresponding ETF chart with <a href="/terminal/reference/etf/candle" target="_blank" rel="noreferrer noopener">candle</a> which shows the company's historical data from `2010-01-01` until the current date. We are also adding in trendlines with `-t`.
|
|
|
|
```
|
|
2022 Jun 21, 10:13 (🦋) /etf/ $ candle -t
|
|
```
|
|
|
|
|
|
|
|
Now we can go ahead and explore more about the ETF by running <a href="/terminal/reference/etf/holdings" target="_blank" rel="noreferrer noopener">holdings</a>
|
|
and <a href="/terminal/reference/etf/weights" target="_blank" rel="noreferrer noopener">weights</a> using the `--raw` argument for weights to display a table instead of a graph.
|
|
|
|
```
|
|
2022 Jun 21, 10:16 (🦋) /etf/ $ holdings
|
|
|
|
ETF Holdings
|
|
┏━━━━━━━┳━━━━━━━━━━┳━━━━━━━━━━━━━┓
|
|
┃ ┃ % Of Etf ┃ Shares ┃
|
|
┡━━━━━━━╇━━━━━━━━━━╇━━━━━━━━━━━━━┩
|
|
│ AAPL │ 5.58% │ 454,234,952 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ MSFT │ 4.93% │ 219,650,708 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ AMZN │ 2.51% │ 12,672,230 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ GOOGL │ 1.67% │ 8,869,298 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ TSLA │ 1.52% │ 24,224,503 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ GOOG │ 1.47% │ 7,802,130 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ BRK.B │ 1.30% │ 49,671,912 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ JNJ │ 1.14% │ 77,035,899 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ UNH │ 1.13% │ 27,566,141 │
|
|
├───────┼──────────┼─────────────┤
|
|
│ META │ 1.08% │ 67,655,143 │
|
|
└───────┴──────────┴─────────────┘
|
|
|
|
2022 Jun 21, 10:16 (🦋) /etf/ $ weights --raw
|
|
|
|
Sector holdings of VTI
|
|
|
|
Sector Weightings Allocation
|
|
┏━━━━━━━━━━━━━━━━━━━━━━━━┳━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┓
|
|
┃ ┃ % of holdings in the sector ┃
|
|
┡━━━━━━━━━━━━━━━━━━━━━━━━╇━━━━━━━━━━━━━━━━━━━━━━━━━━━━━┩
|
|
│ Technology │ 23.55 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Healthcare │ 13.97 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Financial Services │ 13.42 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Consumer Cyclical │ 10.61 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Industrials │ 9.00 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Communication Services │ 7.98 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Consumer Defensive │ 6.35 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Energy │ 4.81 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Real Estate │ 3.78 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Basic Materials │ 2.69 │
|
|
├────────────────────────┼─────────────────────────────┤
|
|
│ Utilities │ 2.29 │
|
|
└────────────────────────┴─────────────────────────────┘
|
|
```
|