Morningstar released its Second Quarter 2016 ETF Managed Portfolio Landscape Report late last week and, once again, iSectors was listed as one of the premier firms in the report.
Here are some of the highlights:
It is pretty amazing to see that iSectors Post-MPT Growth and Moderate can be #1 in their groups for Total Return and Alpha, and yet be in the bottom 10% in their groups for market correlation and downside risk! So why then would advisors use any other strategies in these asset classes?
Each Morningstar Category represents the average annual composite performance of all separate accounts listed in that Category by Morningstar. Within a Morningstar’s Category there are a variety of strategies focused on meeting the objectives of the Category.
Morningstar Ratings™ are as of 06/30/2016 and are subject to change every month. The ratings are based on a risk-adjusted return measure that accounts for variation in an account’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of accounts in each Category receive 5 stars, the next 22.5% receive 4 stars, the middle 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for an account is derived from a weighted average of the performance figures associated with its three-, five, and ten-year (if applicable) Morningstar Rating metrics.
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