ChatGPT AU ETFs Analysis
So initially I wanted to use ChatGPT for our AU Investments, specifically ETFs, and compare the similarities and differences regarding their tracking indexes, sectors, and/or compositions. Based on the ETFs Analysis and responses from ChatGPT using the Playground module, the model uses data and cuts off in 2021, so we can’t use real time information. I can’t ask any financial information as the information is dynamic and constantly changing, whereas the model information remains static upto year 2021, so any general or standard information should be accurate I would think, but it’s results are not.
[My Question]
please analyze the following australian asx etfs: GEAR, A200, SYI, and RDV and find it's similarities and differences
[Response from ChatGPT]
GEAR: SPDR S&P/ASX 200 Listed Property Fund
A200: iShares Core S&P/ASX 200 ETF
SYI: SPDR S&P/ASX Small Ordinaries Fund
RDV: Russell Australian Select Corporate Bond ETF
Similarities:
All four of these ETFs provide exposure to the Australian market.
Differences:
GEAR provides exposure to the S&P/ASX 200 Listed Property sector, A200 provides exposure to the S&P/ASX 200 sector, SYI provides exposure to the S&P/ASX Small Ordinaries Fund, and RDV provides exposure to the Russell Australian Select Corporate Bond ETF.
[Notes: How accurate is the information provided by ChatGPT compared to what I’ve already researched when I’ve selected these ETFs to invest in? Let’s see.
As of to-date, GEAR is a Hedged Fund and leverages against the ASX 200 and gears between 50%-to-65% daily. Per ChatGPT, they’re in Property. Quite inaccurate.
As of to-date, The SPDR MSCI Australia Select High Dividend Yield Fund seeks to closely track, before fees and expenses, the returns of the MSCI Australia Select High Dividend Yield Index. The MSCI Australia Select High Dividend Yield Index is designed to reflect the performance of listed Australian companies with relatively high dividend income and quality characteristics with the potential for franked dividend income. ChatGPT stated small ordinaries. Not so sure about that.
RDV which comprises Australian blue-chip companies with a bias towards those that have a high expected dividend yield but also meet other characteristics including: a history of paying dividends; dividend growth and consistent earnings. The Fund invests in a diversified portfolio of Australian shares and trusts listed on the Australian Securities Exchange (ASX), with the aim of delivering income, through higher dividends and franking credits, as well as capital growth to investors. ChatGPT states it’s a Bond ETF.
[My Question]
please analyze the following australian asx etfs: MVA, SLF, VAP and DJRE and find it's similarities and differences
[Response from ChatGPT]
MVA, SLF, VAP and DJRE are all Australian exchange-traded funds (ETFs) listed on the Australian Securities Exchange (ASX).
Similarities:
- All four ETFs are designed to track the performance of the ASX equity market, providing exposure to the stocks of the leading companies in Australia.
- All four ETFs provide access to a large number of stocks in a single investment, reducing the risk associated with investing in individual stocks.
- All four ETFs are able to be traded with the same ease as any other ASX-listed stock.
Differences:
- MVA is a Vanguard ETF that tracks the S&P/ASX 200 accumulation index, while SLF, VAP and DJRE are iShares ETFs that track the S&P/ASX 200, S&P/ASX 300 and S&P/ASX 200 ex-A-REIT indices respectively.
- SLF, VAP and DJRE are physically replicated funds, while MVA is a synthetic ETF.
- SLF, VAP and DJRE are managed passively, while MVA is actively managed.
[Notes: Very general responses from ChatGPT. What I did find interesting was the replicated and synthetic ETF. Makes sense if MVA is actively managed while the other ETFs are passively managed. When I checked MVA ETF, it states the following: MVIS Australia A-REITs Index is a pure-play rules-based Australian sector index, designed to capture the performance of the property sector of the Australian economy. The Index tracks the performance of the largest and most liquid ASX-listed Real Estate Investment Trusts (A-REITs). Management Style: Replication. ChatGPT stated actively managed and synthetic.
[My Question]
please analyze the following australian asx etfs: AGX1, HACK, WXOZ, and TECH and find it's similarities and differences
[Response from ChatGPT]
The AGX1, HACK, WXOZ, and TECH ETFs are all Australian-based Exchange Traded Funds (ETFs). These ETFs each track a specific asset class and are designed to provide investors with a diversified portfolio of securities in a single, liquid security.
Similarities:
- All four ETFs are Australian-based
- All four ETFs are Exchange Traded Funds (ETFs)
- All four ETFs are designed to provide investors with a diversified portfolio of securities in a single, liquid security
Differences:
- AGX1 is an ETF that tracks the S&P/ASX 200 index, providing exposure to the top 200 largest stocks listed on the ASX.
- HACK is an ETF that tracks the Nasdaq 100 index, providing exposure to the largest non-financial companies listed on the Nasdaq.
- WXOZ is an ETF that tracks a number of international stocks and ETFs, providing exposure to international markets.
- TECH is an ETF that tracks technology companies listed on the ASX, providing exposure to the technology sector.
[Notes: AGX1 is a global ETF: N/A 35%,W/E: 33%, EM: 16%, Asia: 6%. ChatGPT says it tracks the ASX200. No. HACK aims to track the performance of an index (before fees and expenses) that provides exposure to the leading companies in the global cybersecurity sector. Tracks NQCYBRT Index. It’s possible NASDAQ 100, but Cybersecurity focused. WXOZ and TECH are straight forward.
My final summary and thoughts of ChatGPT. I will continue to do further testing and see how I can utilize the tool for the financials and/or investments. However, if the information continues to be inaccurate, I may utilize ChatGPT for non-financials/investments, and instead focus on other topics that provides with more standard results. In the meantime, I will continue to use my own spreadsheets designs, create and refine more dashboards, and continue to do my own due diligence when analysing the Dividend ETFs.
I started to use PowerBI around MAY 2022, but the graphs and charts presentation of the financials don’t sync with what I’m looking for. I was hoping the tool would allow for me to use widgets to create a customized Dashboard showing the summary of our investments, but the tool lacked that feature.
