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 main purpose of the Sprout Buzz social media Insights ETF?

How do active managers utilize social media in their stock analysis?

What criteria are used to select the 25 stocks in the ETF?

What is the significance of sentiment scores in the ETF's operation?

How does the crowd invest wisdom ETF differ from the Sprout Buzz ETF?