Introducing the Morningstar Analyst Rating for ETFs
By incorporating ETFs into our Analyst Rating framework, we are leveling the field to help investors pick the best funds from an ever-expanding list of choices.
On Nov. 1, 2016, we unveiled Morningstar Analyst Ratings for more than 250 exchange-traded funds listed around the world, including 100-plus U.S.-listed funds. While this first batch of rated ETFs already accounts for a big portion of the global ETF market--more than $1.75 trillion in assets worldwide as of the end of September--we expect to assign Analyst Ratings to dozens more ETFs in the months ahead.
The Morningstar Analyst Rating--which follows a Gold, Silver, Bronze, Neutral, and Negative scale--is forward-looking. It expresses our analysts' conviction in a fund's ability to beat its peers after accounting for fees and risk over a market cycle.