Top Yahoo Finance API alternatives you must be aware of | by Pranjal Saxena | Sep, 2024

EODHD is a robust financial data provider that offers extensive coverage of historical, fundamental, and real-time financial data. It’s tailored for investors, traders, and financial analysts who require comprehensive data for a wide range of assets, including stocks, ETFs, mutual funds, indices, forex, and cryptocurrencies.

Key Features:

• New S&P Indices API: Recently launched, the S&P Indices API provides detailed data on S&P indices, including real-time and historical data. Users can access a wide range of S&P indices, such as the S&P 500, S&P 400, S&P 600, and various sectoral and thematic indices. This feature enables detailed analysis and benchmarking against the most widely recognized market indices globally.
• Extensive Historical Data: Offers end-of-day historical data for stocks, ETFs, mutual funds, indices, and forex dating back several decades. This comprehensive dataset is essential for backtesting trading strategies, performing in-depth financial analysis, and conducting long-term market research.
• Global Fundamental Data: Provides detailed financial statements, key ratios, dividends, earnings, and corporate actions for publicly traded companies worldwide. This includes annual and quarterly data, supporting both long-term and short-term investment decisions.
• Real-Time and Delayed Data: Access to real-time and delayed data for numerous global exchanges, including major U.S., European, and Asian markets. This feature is ideal for both day traders and long-term investors looking to stay updated with market movements.
• Customizable Data Formats: Supports various data formats, including JSON, CSV, and Excel, and provides easy integration with popular programming languages like Python, Java, and R, enabling users to incorporate data seamlessly into their applications or workflows.
• Flexible Pricing Plans: Offers a free 30-day trial and tiered pricing plans starting at $19.99 per month, with annual subscription discounts. This scalability makes it suitable for individual investors as well as enterprise-level data consumers.

Benefits for Yahoo Finance Users:

• Access to Comprehensive S&P Indices Data: The new S&P Indices API offers data not only on the S&P 500 but also on mid-cap, small-cap, and thematic indices, providing broader coverage than Yahoo Finance, which may not include such specialized index data.
• Long-Term Historical Data: EODHD provides extensive historical data coverage that often extends further back than Yahoo Finance, making it ideal for users who need in-depth historical datasets for robust backtesting and analysis.
• Affordable Pricing for High-Quality Data: Compared to Yahoo Finance’s premium pricing, EODHD offers a more affordable solution with flexible plans that cater to various data needs, from basic to advanced.
• Advanced Fundamental Data Access: The platform provides global financial data with more granular access to financial statements and corporate actions, offering deeper insights compared to Yahoo Finance’s free tier.

By switching to EODHD, Yahoo Finance users gain access to a wider range of S&P indices data, comprehensive historical datasets, and more affordable, flexible pricing options for their financial data needs.