ETF Sector Weighting
The FMP ETF Sector Weighting endpoint provides a breakdown of the percentage of an ETF's assets that are invested in each sector. This information can be used by investors to understand the risk profile of an ETF and to identify ETFs that are exposed to specific sectors. For example, an investor may want to invest in an ETF that has a high exposure to the technology sector if they believe that the technology sector is poised for growth.
Investors can also use ETF sector weighting data to diversify their portfolios. For example, an investor who already owns a lot of technology stocks may want to invest in an ETF that has a high exposure to other sectors, such as healthcare or consumer staples.
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