F4VS | Retail Trader's Repository@NF4VS
Starting up a new series on creating your own Market Dashboard using ETF's.
I think sharing how I use and build out some of my Google Sheets would be another great way to provide more value to subscribers. First starting with Market Cap and Style of Investing ETFs first.
After every post, I will continue to expand the Dashboard to include all segments of the market by using ETFs as a proxy, categorizing them into different characteristics (ie. county, market cap, theme, industry, etc). And if I come across anything interesting, it will also be incorporated into the Dashboard.
Later on, after we complete a full Market Dashboard, we can then work on building out a Historic Database to help build an edge in the market. The Historic Database will be similar to the template you get in the reward for referring 1 person to the RTR newsletter.
My goal in building out a dashboard like this is to provide a rough overview of the market so that you can spot trends more easily. A question people may have:
• Why not use something like FinViz to check trending segments?
My counter to this would be:
1) Finviz will provide groupings by sector or industry, but they won’t provide segmentation on market themes (ie. cannabis industry) the same way an ETF will. Now I know there will be overlap in most cases but you miss out on certain themes that are not captured in the classification through industry.
2) You can personalize the dashboard in a way that suits your needs. Other sites will have limitations on what you can and can’t do.
