Though stocks are getting a bounce, exchange traded funds that focus on fixed income are garnering top grades from TheSteet.com Ratings.
Super-safe Treasury and municipal bond funds, especially those with short maturities, dominate the roster of the best-rated ETFs. The list below contains the ETFs with the highest overall marks from TheStreet.com Ratings.
With hundreds of performance and risk measures available, identifying worthwhile investments can be a daunting task. TheStreet.com Ratings' quantitative model condenses all available fund data into a single composite opinion of risk-adjusted performance. There are also "reward" and "risk" grades. While there is no guarantee of future performance, TheStreet.com Ratings' grades provide a solid framework for making informed investment decisions.
The grades can be interpreted as follows: A is "excellent" or "buy." B is "good" or "buy." C is "fair" or "hold." D is "weak" or "sell." And E is "very weak" or "sell." A plus or minus sign designates that a fund is in the top or bottom third of funds with the same letter grade.The column of "Performance Ratings" in the accompanying table is based on a computerized evaluation of a fund's performance for a number of time periods, up to three years. More weight if given in the calculations to more recent time periods. In determining TheStreet.com Ratings' "risk" grades, the model evaluates volatility measures. In addition to standard deviation of returns, the evaluation process includes a metric known as "drawdown," which gauges a fund's most severe period of loss over a period of time. Because all funds carry some degree of risk, none receive "risk" grades in the A range. Rarely will a fund be awarded a very high "performance" rating and, at the same time, a very high "risk" rating. Those in the adjoining list that have earned the highest "overall" investment ratings have attained an optimal combination of both primary components. But investors should be aware that a tradeoff always exists between risk and reward.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV