ETF Trading Center

1 Year Forward Growth

admin — Sat, 28 Nov 2009 00:10:33 +0000

Average major brokerage firm financial analyst estimate of future year’s growth in earnings.

12 Month Yield

admin — Sat, 28 Nov 2009 00:10:06 +0000

Change in price of fund plus dividends received per share over past year divided by price of fund. A better measure of total return than simply rate of price rise.

12-B1 Expenses

admin — Sat, 28 Nov 2009 00:09:19 +0000

Percentage of fund assets that fund manager may withdraw each year to pay for marketing and other non-operating expenses. Generally absent among ETFs but common and often large in actively traded funds.

3 Year Earnings Growth

admin — Sat, 28 Nov 2009 00:08:50 +0000

Annualized rate of increase of earnings of past three years.

Alpha

admin — Sat, 28 Nov 2009 00:06:17 +0000

A measure of performance in percentage above or below what would have been predicted by risk as suggested by its Beta. Positive alpha means a fund performed greater than its risk would suggest, while negative Alpha means the fund under performed. An ETF of Alpha 1.5 outperformed its index by 1.5% as predicted by its Beta.

Annual Turnover

admin — Sat, 28 Nov 2009 00:05:56 +0000

Percentage of value of stocks in a portfolio that are sold and replaced with new stocks each year. Turnover in indexing should be low.

Ask Price

admin — Sat, 28 Nov 2009 00:05:18 +0000

Lowest price any seller is willing to accept for a security at a given time.

Authorized Participant

admin — Fri, 27 Nov 2009 23:46:33 +0000

Often called a specialist, this sophisticated professional trading firm helps create (trade stocks for an ETF) and redeem (trade an ETF for stocks) ETFs.

Asset Class Breakdown

admin — Fri, 27 Nov 2009 23:45:58 +0000

Percentage of holdings in different types of investments, ie. large stocks, international, bond, etc.

Balanced Funds

admin — Fri, 27 Nov 2009 23:45:15 +0000

Funds that invest in both stocks and bonds in substantial amounts.