This Day On The Street
Continue to site
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

Three Newly Rated ETFs to Buy

NEW YORK ( TheStreet) - TheStreet Ratings initiates coverage of seven exchange-traded funds, or ETFs, that accrued a sufficient track record of risk and performance data by the end of April 2010. Just three of these funds that opened for business in April of 2009 received 'buy' range grades. All three scored our highest possible rating of A+, or Excellent.

The best performer of the bunch, Vanguard FTSE All World ex-US Small-Cap ETF (VSS) gained 26% in the year ending April 30, 2010. The shares have plunged in May on global debt concerns providing a potentially opportune entry point for this fund. The fund is allocated to 43% Europe, 23% emerging markets, 19% Pacific, and 16% North America with key holdings of Crescent Point Energy, Eldorado Gold (EGO - Get Report), Silver Wheaton (SLW - Get Report), and IAMGOLD (IAG - Get Report).

Two SPDR ETFs also start out at A+. The SPDR Barclays Capital Convertible Securities ETF (CWB) topped a 23% return in one year by tracking convertible bonds. Up 20% over the same period, SPDR KBW Mortgage Finance ETF (KME) is benefiting from new single family home sales reaching a two-year high in April.

The past year was the wrong time to bet against 10 year or 30 year treasuries with 300% leverage. Direxion Daily 10-Yr Treas Bear 3X (TYO), rated at D+, lost nearly 12% and Direxion Daily 30-Yr Treas Bear 3X (TMV), rated at D, was mauled for 27%.

-- Reported by Kevin Baker in Jupiter, Fla.
Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by, 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.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
KME $58.36 2.03%
VSS $82.42 -1.10%
CWB $39.16 -0.31%
EGO $2.62 -5.07%
IAG $1.91 -4.50%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs