New Breed of ETFs Track Social Media Chatter

The video discusses two innovative ETFs based on social media sentiment: Sprout Buzz (BUZ) and Crowd Invest Wisdom (WISE). BUZ uses algorithms to analyze social media mentions and selects stocks based on sentiment scores, rebalancing monthly. WISE relies on crowd wisdom, allowing users to vote on stocks via an app. Both ETFs aim to leverage social sentiment for investment decisions, with BUZ focusing on data scraping and WISE on user input.

What is the primary method used by the Sprout Buzz ETF to select stocks?

• Technical analysis

• Social media sentiment analysis

• Fundamental analysis

• Market capitalization

How often does the Sprout Buzz ETF rebalance its portfolio?

• Daily

• Weekly

• Monthly

• Annually

What concern is addressed regarding the ETF's stock selection strategy?

• High transaction costs

• Momentum following

• Lack of diversification

• Over-reliance on algorithms

What is the basis for the stock selection in the Crowd Invest Wisdom ETF?

• Expert financial analysis

• User votes through an app

• Historical stock performance

• Social media trends

How does the Crowd Invest Wisdom ETF differ from the Sprout Buzz ETF?

• It uses technical analysis

• It rebalances weekly

• It relies on user votes

• It focuses on large-cap stocks