How to use justETF to choose an ETF?

In an earlier post I explained the important things to consider when choosing an ETF.

An ETF screener is an important tool in that process because it will allow you to see which alternatives exist for your criteria and it will also give you all the information you need about an ETF.

justETF is the ETF screener I use because:

  • It only shows ETFs which are available to European investors
  • Its ETF details pages have most of the information I use to make a decision on an ETF
  • The interface is easy to use
  • The performance data includes reinvested dividends

The ETF Search is the page where I usually start. The side bar has useful filters to narrow down the ETFs to your preferences. The filters I use are:

  • Asset classes (e.g. Equity, Bonds, Specific Region)
  • Fund size
  • Fund Domicile
  • Replication
justETF search page sidebar

At the time of writing, justETF has 1282 ETFs listed but when we filter that list for “United States; Equity; funds larger than €500m; Full Replication; Ireland Domicile” we get only 20 results. Narrowing down our options makes it easier to make a decision on an ETF.

justETF search results page

I prefer ordering the search results by TER because I like to consider the cheapest ETFs first.

When you click on any of the search results you will be redirected to the ETF details page.

In the ETF details page I look for the following information:

  • ISIN – I record the identifier just for quick reference, in case I need to find additional info in other ETF screeners (e.g. tracking error in TrackInsight).
  • Overview tab
    • Fees – Total Expense Ratio. There is also a graph that shows how the ETF’s TER compares with others in the same asset class
    • Replication
    • Fund size
    • Distribution Policy
    • Fund domicile
    • Tax status
    • Documents – Prospectus and KIID
  • Returns tab
    • there are multiple graphs that show how the fund has performed over the years
  • Listings tab
    • the stock exchanges where the ETF is listed are shown here.

I use justETF to get the majority of the information I need. There is some information that I get in other screeners because it isn’t available in justETF:

  • Tracking error and difference – I get that info from TrackInsight
  • Trading volume – Bloomberg or your broker will usually have that information.
  • Trading costs – your broker will have that information.

You can access most of the information I mentioned in justETF with a free account. If you get a Premium account you will be able to see information about the dividend yield. The Premium account also has some portfolio simulation, reporting and analysis tools but I am not familiar with it.