TheStreet.com Ratings: Top-Rated PowerShares Funds
It's been another busy year for PowerShares Capital Management.
The company, which came on the scene in mid-2003 with exchange-traded funds that attempt to beat the indices, ended 2005 with around $3 billion under management in 36 ETFs.
But over the past 12 months, it has introduced 30 new funds and built its assets to $8.2 billion.
Each month, TheStreet.com Ratings updates its risk-adjusted performance ratings on about 800 closed-end and exchange-traded funds.As of Oct. 31, 10 of PowerShares' offerings ranked in the top 200. (This list will be updated later this month on the basis of performance for November.) If you are of the opinion that the U.S. economy is likely to slow next year, you might want to consider funds that offer exposure to foreign stocks, health care stocks or stocks that pay high dividends, which our models suggest will hold up well in this kind of environment. The best PowerShares ETFs as rated by our models for each of these categories are presented below. For those who see next year's economic outlook in a healthier light, PowerShares offers two growth funds. But it's important to keep in mind that these two funds have high turnover rates. They may not be appropriate for long-term investors seeking funds with a buy-and-hold approach to investing. (Not all of the group's funds have a long enough track record to be rated.)
|PowerShares' Powerful ETFs
These 10 funds score among the top 200
|Fund||Ticker||TSC Ratings||3 Month Return||YTD||Average P/E||Turnover|
|Intl Dividend Ach||PID||A+||7.2||17.7||21.2||8.0|
|Gldn Drgn Hltr USX Chn||PGJ||B||6.6||22.2||35.9||21.0|
|Dynamic Large Cap Value||PWV||A+||7.9||19.6||28.5||29.0|
|Dynamic Food & Beverage||PBJ||B||7.7||12.7||20.6||72.0|
|High Growth Div Ach||PHJ||B||6.5||10.1||0.0||20.0|
|Dynamic Mid Cap Value||PWP||B+||7.5||10.0||15.6||117.0|
|Dynamic Small Cap Value||PWY||B||7.6||12.2||18.0||118.0|
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