๐ฆ ETFs are scored similarly to individual stocks: using a weighted average based on your position sizes.
That means ETFs with larger dollar amounts in your portfolio will shape your score the most.
โ
๐ Formula:
โ(ETF A Score ร % of ETF Holdings A) + (ETF B Score ร % in B) + โฆ
โExample:
$9,000 in ETF A (Score = 20)
$1,000 in ETF B (Score = 80)
๐งฎ Score = (20 ร 0.9) + (80 ร 0.1) = 26
โ
๐ก Note: The ETFโs own score is based on what it holds internally โ including its exposure to high or low scoring companies.