How To Analyze ETFs With Bloomberg: Trading ETFs
AAA
  1. How To Analyze ETFs With Bloomberg: Introduction
  2. How To Analyze ETFs With Bloomberg: Navigating The ETF Universe
  3. How To Analyze ETFs With Bloomberg: Comparing ETFs
  4. How To Analyze ETFs With Bloomberg: Trading ETFs

How To Analyze ETFs With Bloomberg: Trading ETFs

While many individual investors may not trade ETFs directly over Bloomberg, the system can still aid the trading and portfolio management process. For example, an investor interested in trading the S&P 500, might choose to use an ETF as their vehicle for expressing their views. That same investor might want to take advantage of Bloomberg's robust technical analysis capabilities prior to determining buy and sell levels. While a full discussion of technical analysis is beyond the scope of this article, some useful functions include: <GP> for viewing a simple price chart, <IGPV> for looking at intraday price and volume, <BOLL> for analyzing Bollinger Bands® and <RSI> for looking at relative strength indicators. Once you have bought or sold an ETF, Bloomberg can be used to monitor your portfolio and evaluate your performance. Since ETFs track underlying markets and sectors, you can use the Bloomberg terminal to monitor the performance of various markets. For instance, by typing <WEI> into the Bloomberg you can access a screen that displays the performance of global equity markets. The screen also allows you to dive deeper, so that if, for instance, you are interested in trading an ETF that tracks the Taiwan stock market, you can view the performance of the Taiwanese market by clicking on submenu three of the <WEI> screen to see the performance of additional Asian equity markets.

Figure 3 - <WEI> screen submenu three


You can also manage a portfolio of ETFs on Bloomberg by typing <PORT>. These functions allow you to input the securities in your portfolio, as well as the quantity that you own and the price paid. The system will then continually update market prices, allowing you to track your P&L.

Conclusion
Bloomberg provides a wealth of tools for evaluating, comparing, trading and monitoring ETFs. This article has only touched the surface of the tools available. However, the functions discussed in this article should provide a good starting point for "hands-on" learning on the terminal.

  1. How To Analyze ETFs With Bloomberg: Introduction
  2. How To Analyze ETFs With Bloomberg: Navigating The ETF Universe
  3. How To Analyze ETFs With Bloomberg: Comparing ETFs
  4. How To Analyze ETFs With Bloomberg: Trading ETFs
RELATED TERMS
  1. Exchange-Traded Fund (ETF)

    A security that tracks an index, a commodity or a basket of assets ...
  2. Lion economies

    A nickname given to Africa's growing economies.
  3. Factor Investing

    An investment strategy in which securities are chosen based on ...
  4. Reverse Gold ETF

    Exchange traded funds that are designed to trade in a direction ...
  5. Investment Fund

    A supply of capital belonging to numerous investors that is used ...
  6. Short Gold ETF

    An exchange traded fund that seeks to profit from negative changes ...
  1. How do I invest or trade market indicators?

    Read about how investors can trade actual market indicators, such as the S&P 500 Index, rather than specific stocks or commodities.
  2. Are there leveraged ETFs that track the banking sector?

    Learn about some of the leveraged exchange-traded funds (ETFs) that investors can use to track the banking industry within ...
  3. What kinds of financial instruments can I use a straddle for?

    Learn about options and straddles; discover some examples of optionable assets and how a straddle is used for financial instruments.
  4. What kinds of expenses are included in the expense ratio?

    Understand the variety of costs and charges that are included in the total expense ratio assessed to investors using mutual ...

You May Also Like

Related Tutorials
  1. Mutual Funds & ETFs

    Top ETFs And What They Track: A Tutorial

  2. Retirement

    Analyzing The Best Retirement Plans And Investment Options

  3. Mutual Funds & ETFs

    Guide To ETF Providers

  4. Mutual Funds & ETFs

    Complete Guide To Investment Companies, Funds And REITs

  5. Mutual Funds & ETFs

    Exchange-Traded Funds (ETFs)

Trading Center