4 Features of POEMS’ ETF Screener October 6, 2020
- With over 7,000 ETFs listed globally in 2019, finding the right ETFs for your investment needs may be very cumbersome.
- POEMS’ ETF Screener allows you to search and filter ETFs listed on SGX, HKEx, NASDAQ and NYSE.
- There are four features that can enhance your search process: (i) Basic and Advanced Filters, (ii) Search Box, (iii) Display Table and (iv) Tool Tips.
- The ETF Screener is only a complementary tool and must not be regarded as a complete solution for your investment queries. But it can make your life a lot easier!
According to Statista, there were almost 7,000 ETFs listed globally in 2019. Hence, finding the ideal ETFs for your investment needs is like looking for needles in a haystack.
Here comes the POEMS ETF Screener, which will make your life a lot easier by sifting out your desired ETFs.
What is an ETF Screener?
An ETF Screener is a tool which allows you to search and filter ETFs.
POEMS’ ETF Screener uses data provided by Morningstar and covers the ETFs listed on SGX, HKEx, NASDAQ and NYSE.
You may access our ETF Screener by:
1. Going to the POEMS website
2. Select the “Education” Tab
3. Click on “ETF Screener”
The Screener is also available under the “Tools” tab in your POEMS 2.0 account.
1. Log in to POEMS 2.0
2. Click on the “Tools” tab
3. Click on the “ETF Screener” tab
Basic and Advanced Filters
The ETF Screener allows you to filter ETFs based on their categories. For example, if you are looking for fixed-income ETFs listed on the SGX, select the checkboxes for “SGX” classified under Exchange and “Fixed Income” classified under Asset Class. The display table will refresh the shortlisted ETFs in real time based on your filtered criteria.
Do note that the filtering tool will only shortlist ETFs that are tagged to the categories provided by the data provider. Hence, your search results may not be comprehensive as some ETFs are not tagged or classified by the data provider.
The search box allows you to search for ETFs via their ticker codes or fund names. It will shortlist the ETFs based on the keywords you have entered.
For example, by typing “aerospace” in the search box, the ETF Screener will shortlist ETFs in the database with “aerospace” in their fund names.
The search box is particularly useful if you already have specific ETFs in mind. You can simply type in keywords like “technology”, “internet”, “cloud” etc to search for your ETFs.
Follow these steps:
1. Type in the ticker code, keyword or fund name in the search box.
2. Hit “Enter” on your keyboard. The shortlisted ETFs will be displayed in the table.
Click on the specific ETF to enter the counter page for more information on that ETF.
The display table will feature shortlisted ETFs based on your search box and filtered criteria. The table is refreshed in real time as you change your search options.
In addition, the table classifies ETF information under several categories and sub-categories. You may sort the information based on the alphabetical or numerical value in the display table, by clicking on the sub-categories header.
The display table also has a comparison tool to enhance your search. To use this:
1. Select your ETFs by checking their respective boxes in the left column of the display table
2. Click on the “Compare Selected ETFs” button at the bottom of the display table
3. Proceed to sort the selected ETFs based on their information
4. Click on “Reset Filter” to reset your search and filter process
The filtering tool and display table have many technical terms that may be unfamiliar to you.
Don’t be daunted! The Screener offers a way out.
You can click on the tool tips to display definitions of the categories.
A Complementary Tool, But No Substitute for Your Own Due Diligence
The POEMS’ ETF Screener is only a tool to comb and filter through an exhaustive list of ETFs. It is not the be-all and end-all solution to your investment queries.
Investors should always do their due diligence before committing to any investment decision.
Also bear in mind that the data provided is sourced from a third party, not directly from ETF issuers. So it may not be as up-to-date as the data obtained from the ETF issuers themselves.
We recommend using the Screener to shortlist suitable ETFs for yourself, before proceeding to the ETFs’ product pages on their issuers’ websites for a further understanding. ETF issuers are mandated by exchanges and regulators to update their information daily on their websites.
As usual, whenever in doubt, pick up the phone and speak to your PhillipCapital financial advisor, before trading on the instruments.
About the author
Joel is the ETF Specialist from the ETF desk in Phillip Securities. He helps to provide sales support and trading ideas to retail investors, remisiers, in-house dealers, and fund managers. Joel also works closely with ETF issuers on new product and business development projects.