Show HN: Robinhood users vs. the S&P 500(quiverquant.com)
quiverquant.com
Show HN: Robinhood users vs. the S&P 500
https://www.quiverquant.com/sources/robinhood
5 comments
I 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?
It would be interesting to be able to see the historical weight for each sector.
You can use ETFs tracking the S&P 500 to get such historical weights.
https://claisne.io/exploring-sp
Is this including options trading?
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!