Even with an average pillar rating, Ranger Funds has had impressive longevity among its product shelf. The firm's risk-adjusted success ratio is 100%, meaning that 100% of its strategies have both survived and beaten their respective category median on a risk-adjusted basis. A high success ratio indicates good performance and provides insight into a firm’s discipline around investment strategy and product development. A negative contributor to Ranger Funds's rating is its lower-than-average portfolio management retention over the past five years, as elevated turnover bears watching. Ranger Funds open-end and exchange-traded products are priced, on average, among the second most-expensive quintile of similarly distributed strategies. This higher expense profile of its funds creates a larger performance hurdle and contributes negatively to Ranger Funds's rating.
What the First-Ever UAW Strike at All 3 Detroit Automakers Could Mean
Risks to carmaker stocks include the details of any eventual contract and automaker debt taken on during the stoppages.