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TheStreet.com Ratings initiated coverage of 15 exchange-traded funds that accrued a sufficient track record of risk and performance data by the end of December 2008.
Only one of the newly rated ETFs with inception dates during December 2007 received our top rating level of excellent.
Starting off with a rating of A+, the Market Vectors Lehman Brothers AMT-Free Intermediate Municipal ETF(ITM Quote) is the sole buy-rated fund of the bunch. The fund mirrors the Lehman Brothers AMT-Free Intermediate Continuous Municipal Index with an average of 10.8 years until maturity. ...
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