Comparables Data
For any security, you'll notice "comparables" that can provide similar alternative investments.
Stock Comparables
Fund Comparables
Frequently Asked Questions
Stock Comparables
Stock comparables work on a scoring system. For any given stock, YCharts will rank how similar that stock is to every other stock in our database.
The higher the score for a stock, the more likely it will be listed as a comparable. Below are the qualities used to determine a comparable company:
* Same sector = 20 points.
* Same industry = 10 points.
* Mentioned in same news article = max of 18 points (2 per article in the last 3 months).
* NAICS = 5 points.
* NAICS industry = 5 points.
* NAICS sector = 10 points.
* Same market cap range = 10 points.
* Same HQ Country = 10 points
Fund Comparables
Similar to the stock comparables, fund comparables are based on a scoring system. The higher score for a fund, the higher it will appear as a comparable. Below are the criteria used to score a fund:
* Same benchmark = 20 points
* Same equity style=5 points
* Same FI style=5 points
* Same "broad category" = 10 points
* Same "broad asset class" = 5 points
* Same prospectus objective = 5 points
* Same AUM range = 5 points
* Both are index funds = 5 points
* Both are leveraged funds = 5 points
* Both are inverse funds = 5 points
* Same holdings = up to 10 points (1 per overlapping holding)
* Same Morningstar category = 10 points
* Same share class (for MFs only) = 10 points
Frequently Asked Questions
Can I change the comparables associated with a security?
- Yes, you can adjust comparables by selecting the Edit Comparables button.
Can I have different security types as comparables?
- It depends, stocks and portfolios can only have the same security type as a comparable, while ETFs, mutual funds, and SMAs can have each other as comparables.