Ashkon Software



BUZZ - Vaneck Social Sentiment ETF

Vaneck Social Sentiment ETF logoThe VanEck Social Sentiment ETF (BUZZ) is an exchange-traded fund (ETF) that seeks to track the performance of companies with the most bullish investor sentiment and mentions on social media platforms. The ETF uses an algorithm to analyze millions of social media posts on a daily basis to identify the 75 stocks with the most positive investor sentiment, based on the number of times a stock is mentioned and the tone of those mentions.

The ETF was launched in March 2021 and has a management fee of 0.75%. The fund's holdings are equally weighted, meaning that each of the 75 stocks has an equal weighting in the portfolio. As of March 23, 2023, the top three holdings in the ETF were Tesla, Amazon, and Alphabet.

The BUZZ ETF is unique in that it uses social media sentiment as a primary factor in stock selection, which is a departure from traditional fundamental and technical analysis. The fund may appeal to investors who believe that social media can provide valuable insights into market sentiment and may also appeal to those who are interested in a passive investment strategy.

Investors should be aware that the BUZZ ETF is concentrated in a relatively small number of stocks and may be more volatile than broader market indexes. As with any investment, it is important to conduct thorough research and consider one's individual financial goals and risk tolerance before making any investment decisions.




Copyright © 2000-2023, Ashkon Software LLC
Privacy Policy | Refund Policy | Disclaimer