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gay picnic defence
Oct 5, 2009

"Let there be a thousand blossoms bloom, as far as I'm concerned."



@pmchem

I am about to start a small project comparing a bunch of ETFs for the firm I work for with a view to adding the best of them to the portfolio of investments the advisors might recommend to clients. Itís not going to be too in depth and what Iím doing wonít be the only input, just focusing for now on historical performance and a very short analysis of the screen/methodology behind each.

What Iím wondering about is how to compare the historical performance of ETFs that were established at different times. Obviously the performance since inception of something established in 2010 is going to be far less influenced by the last 12 months than something established 2 years ago. It may be a non issue because they may take a conservative approach and not want to touch anything that doesnít have at least a 4-5 year track record.

The flip side is that I think it is quite handy having a big crash so recently because itís going to be easy to compare how they each held up in a crisis.

Anyway, Iím interested in hearing your thoughts and if you had come across any tricks for comparing these things in your own ETF research.

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pmchem
Jan 21, 2010




gay picnic defence posted:

@pmchem

I am about to start a small project comparing a bunch of ETFs for the firm I work for with a view to adding the best of them to the portfolio of investments the advisors might recommend to clients. Itís not going to be too in depth and what Iím doing wonít be the only input, just focusing for now on historical performance and a very short analysis of the screen/methodology behind each.

What Iím wondering about is how to compare the historical performance of ETFs that were established at different times. Obviously the performance since inception of something established in 2010 is going to be far less influenced by the last 12 months than something established 2 years ago. It may be a non issue because they may take a conservative approach and not want to touch anything that doesnít have at least a 4-5 year track record.

The flip side is that I think it is quite handy having a big crash so recently because itís going to be easy to compare how they each held up in a crisis.

Anyway, Iím interested in hearing your thoughts and if you had come across any tricks for comparing these things in your own ETF research.

I mean, for my own personal research, I just do overlapping plots on the daily. e.g.:
https://stockcharts.com/freecharts/perf.php?SPY,VUG,VTV&n=450&O=011000
You can adjust the size of the window and slide the window at that site. It's important to use a site that is giving you total return, not price return.

If you're doing something more professional you could get historical time series directly from your broker's API, or perhaps from the googlefinance API, and create fancy plots and calculate all sorts of stats. Kinda like https://www.portfoliovisualizer.com/backtest-portfolio

Also some ETF indexes will have historical index data that predates inception of the ETF, but that will be more effort to acquire.

If you're just looking to screen things for performance, you could use a screener in tradingview or thinkorswim, etc. etfdb.com also has a fairly flexible screener.

Tokyo Sex Whale
Oct 9, 2012

"My butt smells like vanilla ice cream"

Jobless claims roughly in line, April PPI double expectations and the market seems to like it

Space Fish
Oct 14, 2008

The original Big Tuna.



Combat Pretzel posted:

That "visionary" twatwaffle didn't know about the energy requirements of Bitcoin? Really?

Could be the case he didn't know that Tesla buying Bitcoin wouldn't improve the company balance sheet since BTC's an asset and not sheer profit (or so a snarky tweet told me).

Red
Apr 15, 2003

Yeah, great at getting us into trouble.



Tokyo Sex Whale posted:

Jobless claims roughly in line, April PPI double expectations and the market seems to like it

Yeah, pre-market looks decent. It'll take a while to recover from the first half of this week, though. I especially got loving clobbered yesterday.

Tokyo Sex Whale
Oct 9, 2012

"My butt smells like vanilla ice cream"

Red posted:

Yeah, pre-market looks decent. It'll take a while to recover from the first half of this week, though. I especially got loving clobbered yesterday.

I didnít feel poor last Tuesday but Iím about at the level I was last Tuesday and I feel poor

Omne
Jul 12, 2003

Orangedude Forever



Ooooh I'm getting a 'Sensitive Shareholder Information' mailing from Endra today! Wonder what it could be!

Cacafuego
Jul 22, 2007



Omne posted:

Ooooh I'm getting a 'Sensitive Shareholder Information' mailing from Endra today! Wonder what it could be!

cr0y
Mar 24, 2005

IRONKNUCKLE PERMBANNED! READ HERE


cr0y posted:

I bought a couple puts so I basically saved the market. You are welcome y'all

😔

Kilazar
Mar 23, 2010



I guess is RH holders don't get it?

Ror
Oct 21, 2010

Everything's purrfect!



Wait, does number go down... or number go up??

I'm so confused anymore.

cr0y
Mar 24, 2005

IRONKNUCKLE PERMBANNED! READ HERE


How do wash sales apply to options? Is a different strike and expiry date "different enough"?

Pilfered Pallbearers
Aug 2, 2007




Omne posted:

Ooooh I'm getting a 'Sensitive Shareholder Information' mailing from Endra today! Wonder what it could be!

Aw I didnít get no notice.

Iím NDRAís biggest shareholder at 1500 shares right?

Tokyo Sex Whale
Oct 9, 2012

"My butt smells like vanilla ice cream"

cr0y posted:

How do wash sales apply to options? Is a different strike and expiry date "different enough"?

Mostly yes but sometimes no and thereís not a clear rule as far as I know. It shouldnít be relevant unless you have things with expiries into next year that you plan on holding.

cr0y
Mar 24, 2005

IRONKNUCKLE PERMBANNED! READ HERE


Tokyo Sex Whale posted:

Mostly yes but sometimes no and there’s not a clear rule as far as I know. It shouldn’t be relevant unless you have things with expiries into next year that you plan on holding.

Mostly thinking about some calls that I dumped (this week) at a loss and if I can get back into a similar option when things calm down (maybe next week) assuming a different strike and expiry. I thinkkkkk I am in the clear but I love how something as concrete as numbers have vague rules with the IRS 🤨

bad boys for life
Jun 6, 2003

Nothing happens to anybody which he is not fitted by nature to bear.

Pilfered Pallbearers posted:

Aw I didnít get no notice.

Iím NDRAís biggest shareholder at 1500 shares right?

Im at 7,000 shares. No shareholder news for me on Fidelity yet. Decided to take a gamble on this goonstock a week ago. The market makes 0 sense anymore so figured the info here is as good as any other.

Rolo
Nov 16, 2005

Hmm, what have we here?

Pilfered Pallbearers posted:

Aw I didnít get no notice.

Iím NDRAís biggest shareholder at 1500 shares right?

I have a lot more.

At like 2.35 average.

Jimong5
Oct 3, 2005

If history is to change, let it change! If the world is to be destroyed, so be it! If my fate is to be destroyed... I must simply laugh!!


Grimey Drawer

bad boys for life posted:

Im at 7,000 shares. No shareholder news for me on Fidelity yet. Decided to take a gamble on this goonstock a week ago. The market makes 0 sense anymore so figured the info here is as good as any other.

5214 shares myself, Just picked up a bunch more at 2.05 because it seems as good of a dip play as anything else and has good upside if approval comes through.

The Polish Pirate
Apr 4, 2005

How many Polacks does it take to captain a pirate ship? One.

Thought my AMC 5/14 $11c were DOA and then some magic struck. Went from down $2000 to up $2000 over night. Gonna hold for a bit longer to see if there's any run left.

I have some TSLA 7/16 $720p that I'm not sure what to do with. They're up 90% so I'm tempted to take at least some money off the table, but I have no reason to believe the stock will climb again in the next two months. Then again, I have no reason to believe the correction will continue either...

DapperDraculaDeer
Aug 4, 2007

Shut up, Nick! You're not Twilight.

Dipping my toes back into options with LMND 5/21 calls at $64. Considering how hyped that stock has been by rags like Motley Fool I think this will pay off.

jeeves
May 27, 2001

Deranged Psychopathic
Butler Extraordinaire


Sunk cost fallacy and goonstock seem to be going hand in hand.

I mean. I hope not. But I definitely don't have thousands of goonstock :dog:

Pilfered Pallbearers
Aug 2, 2007




Jimong5 posted:

5214 shares myself, Just picked up a bunch more at 2.05 because it seems as good of a dip play as anything else and has good upside if approval comes through.

Yeah that dip was really deep. Got more in at 2.01. This is cash I can let sit for a while if approval sits for months more.

poo poo if it keeps swinging the way it was itíll be worth it.

A HORNY SWEARENGEN
Aug 8, 2009

KING of All Posters
He is my best friend


jeeves posted:

Sunk cost fallacy and goonstock seem to be going hand in hand.

I mean. I hope not. But I definitely don't have thousands of goonstock :dog:

The entire point of $GOON is that it's a penny stock, it actually works, is approved by the EU, and so the second it gets approval in the US you get free money.

Calm people think $5. Evangelicals think $10-12.

Dumb people are selling at a loss because panic.

But mark my words. I will buy a Sony Bravia X90J with the profits from selling $GOON.

Hail $GOON.

Cacafuego
Jul 22, 2007



A HORNY SWEARENGEN posted:

The entire point of $GOON is that it's a penny stock, it actually works, is approved by the EU, and so the second it gets approval in the US you get free money.

Calm people think $5. Evangelicals think $10-12.

Dumb people are selling at a loss because panic.

But mark my words. I will buy a Sony Bravia X90J with the profits from selling $GOON.

Hail $GOON.

I picked up 500 more on the dip!

Fame Douglas
Nov 20, 2013

RELY NOT ON MY HONOR!!! FOR WHEN I OFFER MY WORD OF BOND, I TAKE NOT THAT VOW TO HEART!! CASUALLY, I BRING SHAME TO MY HOUSEHOLD AND RUIN TO THOSE WHO RELY ON MY COMMITMENT, BY SHIRKING MY AVOWED DUTY

A HORNY SWEARENGEN posted:

The entire point of $GOON is that it's a penny stock, it actually works, is approved by the EU, and so the second it gets approval in the US you get free money.

Calm people think $5. Evangelicals think $10-12.

Dumb people are selling at a loss because panic.

But mark my words. I will buy a Sony Bravia X90J with the profits from selling $GOON.

Hail $GOON.

It doesn't seem to be approved anywhere in the EU, though. A CE sign means nothing.

Hoop Dreams
Oct 21, 2010


Thinking a penny stock is guaranteed profit is a bit ridiculous. If it was such a slam dunk, it would be priced as such.

A HORNY SWEARENGEN
Aug 8, 2009

KING of All Posters
He is my best friend


Who cares? It's Europe. The locals have turnip festivals to ward off vampires. They'll do whatever we tell them.

Shammypants
May 25, 2004

Let me tell you about true luxury.



Hoop Dreams posted:

Thinking a penny stock is guaranteed profit is a bit ridiculous. If it was such a slam dunk, it would be priced as such.

Up to 3 dollars with no products is priced as such.

FistEnergy
Nov 3, 2000

DAY CREW: WORKING HARD



Fun Shoe

Congrats, I bought some Stupid Stock at $2 even. Now it can either gap up or go to zero and we can finally be finished with all this

Jimong5
Oct 3, 2005

If history is to change, let it change! If the world is to be destroyed, so be it! If my fate is to be destroyed... I must simply laugh!!


Grimey Drawer

Hoop Dreams posted:

Thinking a penny stock is guaranteed profit is a bit ridiculous. If it was such a slam dunk, it would be priced as such.

Penny stocks don't have to got to the moon to be worth it, you can also play swings because going from 2.05 to even just 2.25 is a 9.7% gain, something this stock has done multiple times. That's the whole appeal of penny stocks, they don't have to move much in price to be big winners (or big losers but that's part of the fun of being a degenerate gambler)

jeeves
May 27, 2001

Deranged Psychopathic
Butler Extraordinaire


I also got a notification our of the blue of a letter from Goonstock too in my PO Box that I signed up with Fidelity with. (USPS sends out email notification on letters going to boxes). I definitely own less than 1K of the stock (uh, by a lot) so itís not an issue of it just being sent to peeps with tons of ownership. A FYI for those who have not got this as well.

I havenít picked it up yet, but hopefully the letter doesnít just say ďwelpĒó cuz the price definitely keeps going down!

jeeves fucked around with this message at 16:24 on May 13, 2021

cr0y
Mar 24, 2005

IRONKNUCKLE PERMBANNED! READ HERE


I got the letter in my physical mail box, it's about nominating people to the BoD and some other random stuff.

ChocNitty
Aug 3, 2011


Is there a name for this system?

For example, you have a $50k portfolio (plus 5k in reserve cash). You trade only once a month, and you maintain that 50k balance. If you've gained after a month, you sell your weakest stock to bring the balance back down to 50k, and pocket the earnings. If you've lost, you buy more of your best stock to bring it back up to 50k, using your cash reserve.

If there is a name for it, then I can research it, and hear others experience with it. I'm wondering if it could work, with stalwart companies, for the long term, to avoid panic selling, and the emotions that come from news stories and market fluctuation.

DapperDraculaDeer
Aug 4, 2007

Shut up, Nick! You're not Twilight.

Financial rank and yank?

AegisP
Oct 5, 2008


Losing money?

BlackMK4
Aug 23, 2006

wat.

Megamarm

Just stick to index funds

UnfurledSails
Sep 1, 2011



ChocNitty posted:

Is there a name for this system?

For example, you have a $50k portfolio (plus 5k in reserve cash). You trade only once a month, and you maintain that 50k balance. If you've gained after a month, you sell your weakest stock to bring the balance back down to 50k, and pocket the earnings. If you've lost, you buy more of your best stock to bring it back up to 50k, using your cash reserve.

If there is a name for it, then I can research it, and hear others experience with it. I'm wondering if it could work, with stalwart companies, for the long term, to avoid panic selling, and the emotions that come from news stories and market fluctuation.

lmao

John F Bennett
Jan 30, 2013

I always wear my wedding ring. It's my trademark.



ChocNitty posted:

Is there a name for this system?

For example, you have a $50k portfolio (plus 5k in reserve cash). You trade only once a month, and you maintain that 50k balance. If you've gained after a month, you sell your weakest stock to bring the balance back down to 50k, and pocket the earnings. If you've lost, you buy more of your best stock to bring it back up to 50k, using your cash reserve.

If there is a name for it, then I can research it, and hear others experience with it. I'm wondering if it could work, with stalwart companies, for the long term, to avoid panic selling, and the emotions that come from news stories and market fluctuation.

'put that 50K in an index fund and forget about it' seems like a much nicer system.

Pilfered Pallbearers
Aug 2, 2007




ChocNitty posted:

Is there a name for this system?

For example, you have a $50k portfolio (plus 5k in reserve cash). You trade only once a month, and you maintain that 50k balance. If you've gained after a month, you sell your weakest stock to bring the balance back down to 50k, and pocket the earnings. If you've lost, you buy more of your best stock to bring it back up to 50k, using your cash reserve.

If there is a name for it, then I can research it, and hear others experience with it. I'm wondering if it could work, with stalwart companies, for the long term, to avoid panic selling, and the emotions that come from news stories and market fluctuation.

This is assuming your ďbest stockĒ will be a winner in perpetuity. Probably a bad thing to assume.

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A HORNY SWEARENGEN
Aug 8, 2009

KING of All Posters
He is my best friend


BlackMK4 posted:

Just stick to index funds

I feel like some of you aren't grasping the concept of this whole casino filled with degenerate gamblers thing.

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