Search by: Ticker(s)Name Asset Class:

Grading Rules

	Basic Rule*	Grade A	Grade B	Grade C	Grade D	Grade F
Diversification	Correlation coefficient to selected benchmark	>.985	>.97	>.94	> =.82	<.82
Expense	Honor Roll benchmarked as lowest 10% expense ratio for each asset class, grades assigned relative to benchmark expense ratio	< 50%	<130%	<200%	< = 400%	>400%
Risk	Ratio of fund standard deviation to benchmark standard deviation	<85%	<99%	<105%	< = 115%	>115%
Return	Relationship of return relative to benchmark as measured by the standard deviation (SD) of the benchmark	Return exceeds index by more than 50% of the benchmark SD	Return exceeds index by more than 20% of the benchmark SD	Return within +/- 20% of the benchmark SD	Return under index by more than 20% of the benchmark SD	Return under index by more than 50% of the benchmark SD
Under Perf. Risk	Percentage of monthly returns fund exceeded index return less index benchmark expenses	>77%	>65%	>53%	> = 41%	< 41%
Overall	Simple average of other grades

* FundGrades has further breakpoints between letter grades for + and – grades. The breakpoints shown above for each letter grade include funds graded + or - for each letter grade.