Investors need to get past marketing and sales pitches to know what they're getting when they invest. Morningstar is a great place to get that depth.

Paul and Chris describe how they each use the free Morningstar tools to evaluate mutual fund and ETF characteristics, such as:

* Expense ratios

* Liquidity and bid/ask spreads

* Geographic focus

* Value and size tilts

* Financial characteristics

* Factor exposures

* Number of holdings

* Tax efficiency and* Charted historical performance with side-by-side comparisons.

Chris also briefly describes how he uses the premium X-Ray feature to compare portfolios with different fund families, including the Best-in-Class ETFs, which he plans to update early next year.

For those interested in a more quantitative approach, please take a look at the Bootcamp video Chris created for the Best-in-Class ETF selection process, where he describes how he uses Portfolio Visualizer to quantify fund factor exposures and factor statistics to estimate expected returns. Here's a link to that video at the time where the Portfolio Visualizer discussion begins: ⁠https://youtu.be/UaEC-JZYYJA?t=852⁠

Here is the video link for this podcast.

https://www.youtube.com/watch?v=rDN3LyEFk3E

Morningstar How-To with Paul and Chris 51:09 Share

Sound Investing

Shownotes Transcript

Morningstar How-To with Paul and Chris