This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Developed, Emerging Markets Meet in ETF

Stocks in this article: AAXJBVTBSC

NEW YORK ( TheStreet) -- The iShares MSCI All Country Asia ex-Japan Index Fund (AAXJ) was one of six exchange traded funds newly covered by TheStreet.com that received a top rating of "excellent," equating to a "buy."

After one year in business, that ETF has accumulated almost $1.1 billion in total assets to invest in stocks of developed- and emerging-market countries of China, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand.

The fund gives investors exposure to non-U.S. markets. Holdings include Taiwan Semiconductor (TSM), Chunghwa Telecom (CHT), China Mobile (CHL), KB Financial Group (KB) and Posco (PKX).

Also in the "buy" range were two exchange traded notes, or ETNs, ELEMENTS Benjamin Graham Total Market Value ETN (BVT) and ELEMENTS Benjamin Graham Small Cap Value ETN (BSC).

Both funds are tied to Benjamin Graham indexes of companies with strong, liquid balance sheets trading at a discount to implied intrinsic value. The indexes use Graham's value-investing philosophy, published in 1934 with David Dodd in Security Analysis.

The seven most important factors for being included in these indexes are earnings quality, valuation ratios, forward price-to-earnings, dividend yield, profitability, debt and the liquidity to service that debt, and measurements relative to a company's industry peers.

Newly Rated Exchange Traded Funds
Fund (Ticker) Rating
Total Return 1 Year
Inception Date
iShares MSCI All Cntry Asia ex Jap (AAXJ) A+
9.62%
8/13/2008
ELEMENTS BG Total Market Value ETN (BVT) B
-8.78%
8/6/2008
ELEMENTS BG Small Cap Value ETN (BSC) B
-7.62%
8/6/2008
Market Vector RVE Hard Asset Prducr (HAP) C
-16.95%
8/29/2008
ELEMENTS BG Large Cap Value ETN (BVL) C-
-13.17%
8/6/2008
Claymore/Delta Glb Shipping Index (SEA) D-
-43.44%
8/25/2008
Source: TheStreet.com Ratings
Data as of most recent month-end

Funds rated A or B are considered "buy" based on a track record of higher-than-average risk-adjusted performance. Funds at the C level are "hold," while underperformers at the D and E levels rank as "sell."

For more information, check out an explanation of our ratings.

Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,566.58 +166.91 1.02%
S&P 500 1,931.99 +27.98 1.47%
NASDAQ 4,389.4430 +73.3690 1.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs