SmartPortfolios Users: If you live in Europe and are prohibited from trading most American Exchange Traded Funds (ETFs), I have some good news.
There is a new version of the C2 Score (the same mathematical formula which determines the Leader Board ranking), but one that excludes strategies that trade ETFs.
As the screen shot below shows, you can select this modified formula instead of the regular C2 Score formula, when you select your ranking method for your SmartPortfolio:
For those of you who bought the advanced SmartPortfolios package (allowing you to create and debug your own ranking formulas using our Scoring Workbench), there is a new statistic available for use within your own formulas: “ETFs Trade Percent.” This stat counts the percentage of trades in the past 60 days that used American ETFS.
Have fun!