NEW YORK ( TheStreet) -- The iShares MSCI All Country Asia ex-Japan Index Fund ( AAXJ - Get Report) 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 - Get Report), Chunghwa Telecom ( CHT - Get Report), China Mobile ( CHL), KB Financial Group ( KB - Get Report) 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.
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.