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Show HN: Robinhood users vs. the S&P 500
- greatwave1 6y agoI made this dashboard using data from RobinTrack to create a hypothetical portfolio based on Robinhood user holding data, and compare its performance to a standard S&P 500 market index. I found that Robinhood users underperformed the market by an average of 4% over the last year, however this is partially due to lower volatility in their investments. Let me know if you have any suggestions on how to improve this data!
- tommy15 6y agoCool visual! Nice to see considering there have been multiple articles recently saying that "retail investors" are beating hedge funds (https://www.cnbc.com/2020/06/15/follow-robinhood-traders-amateurs-favorite-stocks-are-beating-hedge-fund-picks-goldman-says.html https://www.cnbc.com/2020/06/15/follow-robinhood-traders-ama...). Seem RH users are capitalizing on vol for a bunch of these consumer cyclical stocks.
- simantel 6y agoIs this including options trading?
- eyx 6y agoIt would be interesting to be able to see the historical weight for each sector.
- clemlais 6y agoYou can use ETFs tracking the S&P 500 to get such historical weights. https://claisne.io/exploring-sp https://claisne.io/exploring-sp
- totaldude87 6y agoI think the low cost stocks like F(ford)/ Go pro are given to the users free via Robin hood referral? if that's the case, then its not something they bought it but only got it, so cant derive at an investing pattern with it?