NEW YORK (
) -- All 10 of the highest-rated equity exchange traded funds hold international stocks.
PowerShares Emerging Markets Infrastructure Portfolio
tops the list of ETFs that have been rated based on Nov. 30 data. Rated A-plus, the ETF rides the leading edge of progress as emerging economies spend more of their gross domestic product on infrastructure construction and development.
So-called BRIC countries dominate the asset allocation, with China at 15% of the portfolio, Brazil at 12% and Russia at 8.2%. South Africa and Indonesia make up 9.1% and 8.9% of assets, respectively. PowerShares Emerging Markets Infrastructure Portfolio more than doubled in value in a year.
Four iShares Target Date Index funds, for investors seeking to retire in 2020, 2025, 2030 or 2035, ranked among the best. The mix of iShares ETFs held by the funds get more conservative as the target date nears. Even the most conservative of the four,
iShares S&P Target Date 2020 Index Fund
, rated at A-plus, puts 15% of assets into international equities to balance the risk from domestic equity holdings, such as
Proctor & Gamble
. Those stocks are indirectly held through the fund's holding of
iShares S&P 500 Index Fund
The third-best rated equity ETF this month, also at A-plus,
PowerShares Global Progressive Transportation Portfolio
climbed 65% in the year ending Nov. 30. This is one of nine "green ETFs" offered by PowerShares and tracks the Wilder NASDAQ OMX Global Energy Efficient Transportation Index, which includes technology companies transitioning society to cleaner, more efficient transport through energy efficiency, renewable fuels, conservation, power storage and energy delivery. Other
portfolios target clean energy, water, technology, nuclear and wind to capture the convergence of political will, economic viability and green technology being embraced by governments, companies and shoppers all over the world.
Reported by Kevin Baker in Jupiter, Fla.
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.