In our latest analyzer release, we introduced a basket tool that has tons of potential applications. One example is in calculating the beta of a portfolio. In the video below, you'll learn exactly how to make this calculation. In my example, I used a portfolio of US large cap stocks, so the natural choice was to calculate the beta versus SPY. Depending on the composition of your portfolio, you might want to use the Q's, a sector ETF, an international ETF, or even a basket of ETF's to accurately represent your portfolio's composition. To create a basket of ETF's just use our basket creation tool.
In addition, I just posted an ETF's scan you can dowload in our Forum which you can access here. Enjoy!
Written by Jennifer Galperin. Follow me on Twitter and StockTwits.